Payout

Salary payout software — pay your team from inside payroll

Approve the run, hit disburse. No bank-portal juggling, no upload-download loop.

Kredily disburses salaries directly through its ICICI Bank integration — and generates ready-to-upload bank advice files for every other bank. Track every transfer, retry failures in a click, and settle reimbursements alongside salary or on their own.

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ICICI direct disbursement Works with any bank Failed-payout retry

Payroll · Payout

AI keeps watch

AI checks the run before a rupee moves

The Kredily AI Copilot and Workforce Intelligence sit inside payout — so problems surface before disbursal, not after.

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Blockers, pre-flagged

Missing bank details, unverified accounts and held payouts are surfaced before you press disburse.

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Failures, explained

"Why did Anita's transfer fail?" — the Copilot answers in plain English and queues the one-click reprocess.

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Payout intelligence

Disbursement status, expense payout patterns and fraud signals feed Workforce Intelligence for the finance review queue.

How it works

The last step of payroll, finally in the same tool

Most payroll software stops at a bank file. Kredily finishes the job.

Approve the run

Payroll calculates, you review the register and approve. Every employee's net pay is locked and payslips are generated.

Disburse

Pay directly through the ICICI integration — or download a bank-advice file formatted for your bank and upload it to net banking.

Track to the last rupee

Watch each transfer move from initiated to paid. Failures are flagged with the reason and retried in a click.

Coverage

Direct with ICICI. Compatible with every bank.

ICICI direct integration

Disburse salaries without leaving Kredily
Bank-grade RSA encryption on every instruction
KYC verification built into setup

Bank advice files

Named formats for ICICI, Axis, HDFC and Bank of Baroda
Generic NEFT format for everything else
Generated per cycle from the approved register

Status & retries

Per-employee status: unpaid → initiated → paid
Hold individual payouts without blocking the batch
Failed transfers reprocessed in one click

Beyond salary

One payout engine for everything you owe your team

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Salary payouts

The final stage of every payroll run — bulk-select, disburse, done. Payslips and the register stay perfectly in sync.

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Expense reimbursements

Approved claims land in a ready-to-reimburse queue. Settle them with the salary run or pay out standalone — bank transfer, UPI, cash or cheque.

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Partial & held payouts

Hold a departing employee's payout, release the rest of the batch, and keep a clean audit trail of who was paid what, when.

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Secure by design

RSA-encrypted bank instructions, KYC-verified accounts, and role-gated access — finance approves, everyone else just sees status.

Governance

Money movement your auditor will like

Set the payout date

Fix your salary date once; the run schedules around it and everyone knows when money lands.

Role-gated approvals

Only finance-admin roles can disburse. Encrypted instructions (RSA) and KYC-verified accounts under the hood.

Audit trail on everything

Every hold, release, retry and disbursal is logged — who, what, when — reconciled against the pay register.

FAQ

Payout questions, answered

Which banks does Kredily support for salary payout?

Kredily has a direct disbursement integration with ICICI Bank, so you can pay salaries without leaving the product. For every other bank, Kredily generates ready-to-upload bank advice files, including a generic NEFT format — so payout works no matter where your company banks.

What happens if a salary transfer fails?

Failed transfers are flagged per employee with their status, without blocking the rest of the batch. Fix the underlying issue (usually an account detail) and reprocess the failed payout in one click.

Can I pay reimbursements together with salary?

Yes. Approved expense claims queue up for reimbursement and can be settled alongside the monthly salary run or paid out standalone — by bank transfer, UPI, cash or cheque, with status tracked either way.

Can I hold one employee's payout without stopping payroll?

Yes. Individual payouts can be put on hold — for example during an exit settlement — while the rest of the batch disburses normally. Every hold and release is logged.

Is payout included in the free plan?

Payroll itself is free for unlimited employees. Direct bank payouts are a paid capability, available from ₹1,249/month — see the pricing page for current plans.

How is the payout secured?

Bank instructions are RSA-encrypted, accounts are KYC-verified during setup, and only finance-admin roles can trigger disbursal. Every action — hold, release, retry, disburse — is logged with who and when.

Can I set a fixed salary date each month?

Yes. Set your payout date once in payroll settings and the monthly run schedules around it, with readiness checks early enough to fix blockers before the date.

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Approve payroll. Press pay. Done.

Salary disbursement inside your payroll — direct via ICICI, compatible with every bank.

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