CMS Cash Management Service for Loan EMI Collection

Select the lender from the biller list, enter the customer’s loan account number or registered mobile number, and the portal fetches the due EMI details. Collect the cash, confirm the payment, and the deposit is posted to the lender in real time with a unique reference number. The customer receives a receipt they can show to the lender’s field officer. The amount is deducted from your Payrite wallet and your commission is credited at the same time, so your accounts stay balanced at the end of the day. All collections appear in your report for reconciliation.

CMS works best in semi-urban and rural areas where NBFC and microfinance borrowers are concentrated and bank branches are far away: kirana stores, agri-input shops, mobile shops, CSC operators and existing AEPS or money transfer agents. Because EMIs fall due every month, a CMS point quickly builds a loyal base of repeat customers who also use your other services.

Payrite connects you to multiple lenders through a single interface, posts deposits instantly and gives you day-wise reports for easy reconciliation. Support is available for lender-side queries and receipt disputes. You can begin with a modest wallet balance and increase it as collections grow. If you are a distributor who wants to offer EMI collection to your own agent network under your own brand, CMS is included in the Payrite white label fintech platform together with DMT, AEPS, BBPS and recharge.