Payment Process

The Process to transfer the amount to MKCL:

  1. MKCL will create a login for every AO in MKCLs Network Partner Management Framework i.e. SOLAR
  2. MKCL will create an Advance Account (e-Wallet) for every AO which is called ‘SOLAR-Advance-Account.
  3. AO has to transfer the amount in their SOLAR-Advance-Account (e-Wallet).
  4. AO has to transfer the amount in their SOLAR-Advance-Account by EPI, NEFT, or UPS.
  5. Once the amount has been successfully transferred in SOLAR-Advance-Account (e-Wallet) then AO will be able to utilize the same to make the various payments like Processing fees, Registration fees, Security Deposits, etc.
  6. Transfer/Transaction charges have to be bear by AO/ALC (NEFT, EPI, or UPS)

1. EPI Mode: Using an HDFC Bank Account

  • Electronic payment transfer (EPI) is the online payment gateway offered by HDFC bank.
  • Pre-requisite for EPI :
    • Applicant Organization (AO) should have HDFC Bank account.
    • AO should have a username and password for the online banking facility of HDFC Bank.
  • The Procedure of EPI:
    • AO has to login in to SOLAR
    • AO has to follow the following steps:
      • Go to Finance -> Payment -> Payment to MKCL
      • Go to ‘Add Money’ option.
      • Select Payment Mode -> Bank Transfer(HDFC EPI)
      • Enter Amount and click on ‘Proceed to Payment’
      • Do the further payment process by using Net banking login credentials.
  • Amount in Advance Account (e-Wallet)
    • AO will get the amount in their SOLAR-Advance-Account (e-Wallet) within 24 hours after the successful completion of the payment transfer process.
FAQs for EPI:

AO has to contact the respective HDFC bank Branch where he has opened the account for more information regarding the username and password for the online banking facility of HDFC bank.

AO can transfer the registration amount from any nationalized bank to MKCL using the NEFT process.

2. NEFT: Using other than HDFC Bank Account

National Electronic Fund Transfer (NEFT) is an online payment interface offered by all nationalized banks for transferring the payment from one bank to another bank.

Pre-requisite for NEFT Process:

  1. AO must have an account in any IFSC-enabled nationalized bank.
  2. AO must be having username and password for the online banking facility of that particular bank.

Procedure of NEFT:

  1. AO has to apply for a new center on the website communicated by MKCL.
  2. AO has to complete all data entry and follow the steps on SOLAR till successful completion of payment transfer.
  3. AO has to complete following steps while doing the NEFT.
    • Register Bank A/C details for NEFT payment by using the below link of SOLAR. Network Partner -> Operations -> Register Bank Account Details for NEFT Payment (Only IFSC-enabled banks and their respective branches are available on SOLAR)
    • AO can add more than 1 bank a/c for NEFT.
    • Enable the bank a/c that AO wants to use for payment transfer.
    • Go to Finance -> Payment -> Payment to MKCL
    • Go to ‘Add Money’ option.
    • Select Payment Mode -> NEFT/RTGS
    • Generate the mandate.
    • Do the further payment process by using Netbanking login credentials or the Offline method.
    • Deposit the exact amount (As appear in the Mandate) in the MKCL’s Bank A/C from the AOs Bank A/C number (added as per point No. a) mentioned above. (Amount deposited in the bank will reflect on SOLAR within 48 hrs. of working days)
    • Click on the below-mentioned AO SOLAR “button” available on right-hand side of the Home page to reconcile the NEFT transaction.

After Application cross-verification:

  1. AOs are requested to verify the payment status on SOLAR after successful completion of the EPI/NEFT process.
  2. AOs are requested to verify the online balance in their respective Bank account after successful completion of NEFT process.

Indian Financial System Code (IFSC) is provided by RBI to every branch of all nationalize banks. IFSC code is unique. Bank and Branch wise IFSC code is available on RBI Site.

The Payment Gateway (UPS) Option is available in SOLAR for transferring the amount. In normal circumstances, Transactions are done through Payment Gateway (UPS) will be reconciled within T+2 working days after the successful transaction done by ALCs.

with the present system we are not able to trace the sources of IMPS payment, so reconciliation is not possible for received payment. So AOs are requested not to use this method for payment

AO/ALC can take the refund of the balance available in ALC/AO’s SOLAR Advance Account, if required. AO/ALCs need to apply for an Advance Refund from their SOLAR login to get this refund amount in their bank account. The bank account details provided by AO during the application on SOLAR will be considered for transferring this refund.

Schedule for processing advance refund:

      • Application by AO/ALC: Within the first 3 weeks of each month
      • Recommendation by LLC: In the last week of each month
      • Refund Processing by MKCL: In the second week of the next (consecutive) month
  • The Amount will get processed through the system & it will be refunded to AO’s bank account through the online payment transfer method only.
  • The bank account details provided by AO during the application on SOLAR will be considered for transferring this amount.
  • AO has to ensure the correctness of the filled bank account to get the amount in due time.
  • MKCL will refund the amount only in the account registered by AO at the time of registration process. MKCL will not make payment through other means like cheque, DD, etc.
  • MKCL will not consider any other bank account for the refund process. MKCL will not be responsible for any wrong account details provided by AO in SOLAR login or rejection of payment due to the various reasons.
  • MKCL will not be responsible for the delayed payment due to rejection from the bank. In such cases, it will take an additional 1 month to process the refund subject to correct bank account details.
  • Note- The details provided by the ALC or AO shall remain confidential and will not be disclosed to any other third party.