Ujjivan SFB Corporate Net Banking Guide
Ujjivan SFB Corporate Net Banking Guide
Ujjivan Small Finance Bank’s corporate net banking platform lets businesses manage current and savings accounts, process bulk payments, and handle payroll online with maker-checker authorization controls.
Key Features
- Multi-user access with maker-checker workflow for transaction approvals.
- Bulk payment file upload for vendor and salary disbursements.
- NEFT, RTGS, and IMPS transfers.
- Account statement downloads for any date range.
- Tax payment facilities: TDS, GST.
- FD and loan account management for business accounts.
How to Activate Corporate Net Banking
- Open a current account or business savings account with Ujjivan SFB.
- Request corporate net banking activation through your relationship manager or the branch.
- Submit business KYC documents: registration certificate, PAN, board resolution, and authorized signatory details.
- The bank sets up the corporate portal with roles as per your business needs.
- Authorized users receive login credentials for initial setup.
Maker-Checker Workflow
All transactions require a maker to initiate and a checker to approve. This dual authorization reduces the risk of unauthorized or accidental transfers.
Why Ujjivan SFB for Business?
Ujjivan SFB is RBI-regulated and serves small and growing businesses across India with accessible banking products. Its corporate banking services are designed to be straightforward for small business owners without the complexity of large bank corporate systems.
Key Takeaways
- Setup requires business KYC and activation through the bank’s corporate team.
- Maker-checker dual authorization protects against unauthorized transactions.
- Bulk payment uploads supported for payroll and vendor management.
- Contact your relationship manager to configure access roles.
FAQ
Can a small proprietorship use Ujjivan SFB corporate net banking?
Yes. Sole proprietorships, partnerships, and private limited companies can use Ujjivan SFB corporate net banking. Documentation requirements differ by business type.
What is the transaction limit for corporate net banking at Ujjivan SFB?
Limits are set based on your account type and the authorization matrix configured during setup. Contact your relationship manager to review and adjust limits.
What should I do if a corporate transaction is stuck or pending?
Check the maker-checker queue to ensure the transaction has been approved. If approved but not processed, call Ujjivan SFB customer care at 1800 208 0121 with the transaction reference number.
