Excess Refund

OBJECTIVE

In this section of the manual, you will know how to refund the excess amount.

  1. Once you create the credit line account, you will see the below screen containing different tabs such as ‘Withdraw Fund’, ‘Make Repayment’. When you click on the three dots at the top-right corner of the page, you will see various options as shown. Click on ‘Excess Refund’.

 

2. Once you click on ‘Excess Refund’, you will see the below screen which contains the following field:

  • Refund Amount: This is the excess amount which needs to be refunded.

  • Transaction Mode: You will get various options to choose from by clicking on the dropdown under ‘Transaction Mode’. Select any one mode and proceed.

  • Notes: You can add short notes (Optional).

Click on ‘Refund’.

3. Once you click on ‘Refund’, you will see the below screen which shows the refund details.

  • Excess Amount: 0 (after refund of 5500; previously it was 5500)

4. You can also view the transaction under ‘Transactions’ tab as shown below.