Payroll Bank Payment SoftwarePay Salaries in One Click
Generate bank-ready payment files for salary disbursement across multiple banks. NEFT, RTGS, and custom formats for every major Indian bank. From payroll approval to bank credit — seamless and trackable.
8 Payment Capabilities
Disburse Salaries Without the Hassle
Everything you need to pay your employees on time, every time
NEFT/RTGS File Generation
Generate bank-specific NEFT and RTGS files in the exact format your bank requires. Support for all major Indian banks — SBI, HDFC, ICICI, Axis, Kotak, and more. Download and upload to your net banking portal.
Multi-Bank Support
Disburse salaries to employees across different banks from a single payroll run. Fininvo splits the payment file by bank, generates the correct format for each, and tracks disbursement status per bank.
Salary Disbursement
One-click salary disbursement after payroll approval. The system validates bank details, generates payment files, and marks the payroll as disbursed. Track payment status for every employee in real time.
Reimbursement Payments
Process expense reimbursements alongside salary or as a separate payment batch. Track approved claims, generate reimbursement payment files, and maintain a clear audit trail of every payment made.
Statutory Payment
Generate payment instructions for PF, ESI, Professional Tax, TDS, and Labour Welfare Fund. Track challan numbers, payment dates, and link statutory payments to the corresponding payroll month for audit compliance.
Payment Reconciliation
Reconcile bank statements against payroll payments to confirm every salary was credited. Upload bank response files to auto-match transactions. Flag failed payments for immediate action.
Payment History
Complete payment history with month-wise, employee-wise, and bank-wise views. Track every payment from generation to bank credit. Export payment data for audits and reconciliation at any time.
Bank Format Customization
Customize bank file formats to match your banking partner requirements. Configure field mappings, delimiters, header/footer rows, and encoding. Add new bank formats without waiting for a software update.
One-Click Salary Disbursement
After payroll is approved, disbursing salaries takes a single click. Fininvo validates all employee bank details, flags any missing IFSC codes or account numbers, generates the payment file in your bank format, and marks the payroll as disbursed. No more copying data into bank portals manually.
Multi-Bank File Generation
When your employees bank with different institutions, Fininvo handles the complexity. The system groups employees by their bank, generates separate payment files in each bank format, and lets you download all files from a single dashboard. No manual splitting or reformatting needed.
Payment Tracking & Reconciliation
Know exactly where every payment stands. Fininvo tracks payment status from file generation through bank processing to employee account credit. Upload bank response files to auto-reconcile, identify failed transactions, and take corrective action before employees notice.
Works Great With
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Learn moreFAQ
Frequently Asked Questions
Fininvo supports all major Indian banks including SBI, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank, IndusInd Bank, Bank of Baroda, Punjab National Bank, and many more. We provide pre-built file formats for each bank. If your bank is not listed, our team can add the format within a few days.
Ready to Simplify Salary Payments?
Stop spending hours on bank file preparation and manual reconciliation. Fininvo generates payment files in one click and tracks every transaction to completion.
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