- Your account balance is not blocked when you create a Scheduled payout.
- You can schedule as many payouts as you like irrespective of your account balance. We check your account balance at the time of processing.
- You can schedule payouts up to 3 months in advance, thus allowing you to better plan the float in your account.
- This feature is only available on the RazorpayX Dashboard. It is not available on APIs.
- You cannot schedule payouts to cards.
How it Works
You can create Scheduled payouts via the RazorpayX Dashboard or using Bulk Upload. The process to create a Scheduled payout is similar to how you create a regular payout.Create a [Contact](/x/contacts#contacts).
Create a [Fund account](/x/contacts#fund-accounts) for the Contact.
Create a payout.
Individual Payout
You can create a Scheduled payout via the RazorpayX Dashboard. To create a Scheduled payout, select the following options while creating a payout:Select **Schedule the payout**.
Select a date when you want the payout to be processed. You can sch...
Select a time slot when you want the payout to be processed. Follow...
- 9 a.m. to 10 a.m.
- 1 p.m. to 2 p.m.
- 5 p.m. to 6 p.m.
- 9 p.m. to 10 p.m.
pending or scheduled state.
Bulk Upload
You can create Scheduled payouts created using Bulk Upload. Select the following options while uploading the bulk upload file:Select **Schedule the payout**.
Select the date when you want the payout to be processed. You can s...
Select a time slot when you want the payout to be processed. Follow...
- 9 a.m. to 10 a.m.
- 1 p.m. to 2 p.m.
- 5 p.m. to 6 p.m.
- 9 p.m. to 10 p.m.
pending or scheduled state.
Life Cycle
A scheduled payout can have the following statuses during its life cycle:pendingscheduledprocessingprocessedreversedcancelledrejectedfailed
Pending and Rejected states are available only if you have Approval Workflow enabled on your account.