Step 1: Login to the Velocity portal

Step 2: Click on the Repayment Tab

Step 3: Click on the Setup Now button


Step 4: Fill in the bank details


Step 5: Bank details will be auto populated if bank details are updated at the time of the agreement stage 



Step 6: Click on Add new Bank Account Tab to register a new bank account

Step 7: Post that click on the Next button, a screen with the Beneficiary name will pop up, and then it will redirect to the Razorpay portal 




Step 8: Once we get the NACH registration confirmation from Razorpay, it will display on the repayment Tab with status (Active and Pending)