Virtual Accounts (VAN) for Fast Paperless Collections

Create and manage unique Virtual Accounts (VAN) for every member or purpose — enabling secure, automated reconciliation for your Co-operatives.

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Features of IndiConnect Virtual Account (VAN)

With IndiConnect’s Virtual Account (VAN) Solutions, your Co-operatives reduces manual reconciliation,
brings payment discipline, and gets paid faster — without any dependency on slips or manual entries.

Unique Virtual Account (VAN) for Co-operatives

Assign dedicated virtual account (VAN) numbers for each member, EMI cycle, or vendor — perfect for structured virtual account (VAN) management in Co-operatives operations.

Auto Reconciliation

Every Virtual Payment Collection is auto-mapped to the source (member, agent, or bill) — no manual checks, no missed tags.

Supports UPI, IMPS, NEFT

Accept payments from all common digital modes. Virtual Account (VAN) Solutions ensure flexibility and compatibility.

Real-Time Payment Monitoring

The dashboard shows incoming payments, failed transactions, and pending collections instantly — a must-have for modern virtual account (VAN) for setups.

Secure and Compliant

Accounts are mapped to trusted partner banks, keeping your Virtual Account (VAN) Solutions fully secure and compliant with regulatory norms.

Branch / Agent-Level Reporting

View and export collection data based on branch, agent, or time — optimized virtual account (VAN) management for distributed co-operatives.

Who Needs
a Virtual Account (VAN)?

Co-operatives managing EMI or recurring fee collection

Rural Co-operatives looking for paperless, branch-free operations

Microfinance Teams running large volume collections

Co-operatives Admins needing per-member reconciliation

Welfare Trusts collecting contributions or dues across locations

IndiConnect’s Virtual Account (VAN) Solutions empower every to digitize collections — from EMI to pigmy — reliably and securely.

How It Works

Steps to Open
a Virtual Account (VAN)

No paperwork. No branch visits. Just fast, secure, and digital-first virtual account (VAN) for activation.

api-integration

Benefits of Virtual Accounts (VAN)

Receive unique virtual account (VAN) numbers for each purpose

Make payments securely via UPI or NEFT with no branch visit

Get automated confirmations — no slips or confusion

Save time and reduce follow-ups

Automate Virtual Payment Collection with real-time tracking

Avoid manual errors with structured virtual account (VAN) management

Scale easily across branches or regions

Ensure audit readiness and transparent financial reporting

Got Questions?

We've Got Answers

What is a Virtual Account (VAN) Solution?

A system where each payer is assigned a unique number, enabling your Co-operatives to automate reconciliation. IndiConnect’s Virtual Account (VAN) Solutions are trusted by co-operatives nationwide.

How does Virtual Payment Collection help co-operatives?

It simplifies and automates collections. With a virtual account (VAN) for co-operatives, each payment is auto-matched to the right member or invoice — no manual effort.

Can we use this for EMI or pigmy schemes?

Yes. Virtual Account (VAN) Solutions are ideal for recurring payments like pigmy, EMI, or member fees — tracked through smart virtual account (VAN) management.

Are these solutions safe and compliant?

Absolutely. IndiConnect’s Virtual Account (VAN) Solutions work with RBI-authorized banks and encrypted networks for secure virtual account (VAN) management.

Do we still need payment slips or bank statements?

No. Every payment is tagged and recorded in your dashboard, making virtual account (VAN) for fully paperless.

Bring digital discipline
to your collections.

Enable structured Virtual Account (VAN) Solutions

Scale across branches with real-time virtual account (VAN) management

Built exclusively for Co-operatives