As a business owner, you may come across situations wherein you have to make payouts to multiple vendors or multiple payouts to vendor(s). You can use the Bulk Payouts feature to create multiple payouts in such cases. Apart from processing payouts, you can perform the following tasks:

Make a payout to an existing
fund account
.
Create a new
contact with its fund account
and make a payout.

Alternatively, you can also

create contacts and fund accounts in bulk

Create Bulk Payout

Watch the video to know how to create bulk payouts on RazorpayX Dashboard.

To create bulk payouts:

Log in to the
RazorpayX Dashboard
.
Click Payouts on the left navigation menu and select Bulk on the top menu.
Click + Bulk Payouts.

Handy Tips
Alternatively, you can click the drop-down next to +PAYOUTS and select Bulk Payouts.
Download the template
(xlsx or csv). Or download it from the Dashboard:
How to download templates from the Dashboard?
1. Click Download Template.
2. Select the Payment method relevant to you from the drop-down menu. You can select from:
  
  UPI
  
  NEFT/IMPS/RTGS
  
  Amazonpay Wallet
3. Select the beneficiary information available. You can choose from:
  
  Beneficiary details (Bank details, UPI, Wallet no.)
  
  RazorpayX Fund Account ID (For existing contacts)
4. Choose .XLSX or .CSV format and click Download.
  
  Handy Tips
  We recommend you to choose .xlsx format to see validations so that you can avoid errors during file upload.
Watch Out!
If you use the old template, upload the sheet and make the payout or schedule it as per your requirement. However, the old template will be deprecated by 30th August 2023. We request you to adapt the new templates.
Fill in the details based on the validations in the template.
Drag and drop your updated file or click Browse and select the file to upload from your system.
Once the file is successfully uploaded, click Next.
Select the Payout Purpose, the account you want to Debit From.
You can edit the Batch Name if required.
Click Next to make the payout or
schedule the payouts
.
Enter the OTP sent to the registered mobile number and email id to confirm the payout and create the batch. If Approval Workflow is enabled, click Send for Approval in the final step.

You have successfully created a bulk payout batch. Your file then moves to the processing status. Hover over the file name to View Payouts and their status or click on the respective file name to find details on the right pane.

Bulk Payouts batch processing vs Payouts Processing

After the file is processed, you can see the accepted rows and invalid rows.

ACCEPTED ROWS: These rows contain payouts that were successfully created.
INVALID ROWS: These rows were not processed due to some errors. You can download the batch report from the left pane (given below) to view the errors.

The VALID AMOUNT visible on the Dashboard is not the total of the created payouts amount. Only valid rows are processed. Check valid and invalid rows to rectify the mismatch.

Handy Tips

Using this feature, you can make upto 50,000 payouts at once.

Bulk Payouts Templates

Bulk Payouts Templates are available in .xlsx and .csv. You can find the templates

below

Instructions to fill the Template

Fill all the mandatory columns.
Hover over the empty cells to see the validation criteria (applicable for .xlsx files only).
If you are copy pasting data from an internal tool, use these shortcuts:
- MacOS : Cmd+Opt+V, then press V again
- WindowsOS : Ctrl+Alt+V then press V again

Watch Out!

Do not use Command+V or Ctrl+V for pasting data. This will remove validations and formatting from the sheet which help you identify errors.
If you are generating a file in a template format from an internal tool, copy-paste the validations and formatting from the template to your file.

File Requirement

Column	Requirement
Number of Rows in the sheet	Min: 1 Max: 50,000
Number of sheets in the file	Only 1 sheet is permitted.
Incorrect format of the file	Download and fill from the templates provided.

Payouts Requirement

Column	Requirement
Bene Name	Between 3 - 60 characters.
Bene Account number	Between 5 - 35 characters.
Payout Amount	The amount should be: =/< ₹5L for payout via IMPS =/< ₹10Cr for payout via NEFT >/= ₹2L for payout via RTGS =/< ₹1L for payout via UPI =/< ₹10K for payout via Amazonpay
Payout Mode	Only IMPS/ NEFT/ RTGS, UPI and Amazonpay are supported.
IFSC	11 alphanumeric characters.
Payout Narration	Below 30 characters.
Phone number	Between 10-13 digits.
Email ID	Valid Email ID.
Contact reference ID	Below 40 characters.
Payout reference ID	Below 40 characters.
Bene FA ID	17 characters. Depending on the `Razorpay Fund Account ID` template and payout mode (`UPI`/ `Bank Account`/ `Amazonpay Wallet`) that you choose, enter the linked ID. Example If you have chosen `Razorpay Fund Account ID` details along with `UPI` as the payout method, the Fund Account ID provided by Razorpay for the respective contact must be linked to a UPI account.
Bene UPI ID	Valid UPI ID.
Bene phone no. linked with amazonpay	Between 10-13 digits.

You can select the template based on the payment method and the beneficiary to whom you want to credit the amount. Know more about the

payout modes, processing time and amount limit

Resolve Errors

The template throws errors in case the in-sheet validation fails. Ensure you follow the

instructions to fill the template

to avoid errors.

Download Templates

These templates are available is .xlsx format.

Payout Method	Beneficiary Information	Download Template
UPI	Beneficiary Details	Download file
UPI	Razorpay Fund Account ID	Download file
Amazonpay Wallet	Beneficiary Details	Download file
Amazonpay Wallet	Razorpay Fund Account ID	Download file
Bank Transfer	Beneficiary Details	Download file
Bank Transfer	Razorpay Fund Account ID	Download file

About Bulk Payouts

How to download templates from the Dashboard?

Bulk Payouts batch processing vs Payouts Processing