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SevenM Technologies Private Limited

508, Saltee Plaza
1 Khudiram Bose Sarani, Beside ILS Hospitals Dum Dum
Kolkata 700080, West Bengal, India

For New Institutes
sales[at]paymyfees[dot]com

Institute / Student Support
support[at]paymyfees[dot]com

All Other Queries
generalqueries[at]paymyfees[dot]com

Frequently Asked Questions

Here's what you need to know about PayMyFees, based on the questions we get asked the most.

We follow a 'T + 2' settlement cycle, meaning the payment will be settled into your bank account in 2 working days from the successful transaction date. This is the same bank account details of which were provided in your KYC documents.

Generally an identity proof with photograph and an address proof are the two basic mandatory KYC documents that are required to establish one's identity.

For KYC, one needs to upload copies of PAN Card, Aadhar Card & a Cancelled Cheque (without signature).

The objective of KYC guidelines is to prevent businesses from being used by criminal elements for money laundering activities. It also enables businesses to understand their customers, their financial dealings so as to serve them better and manage its risks prudently.

For KYC, one needs to upload copies of PAN Card, Aadhar Card & a Cancelled Cheque (without signature). If someone does not upload the KYC documents, settlements to the partner Institute will not happen & shall be withheld. To start settlements to your bank account, we need your bank account details & your PAN details.

Students can be added one-by-one or imported from an Excel file. Format of the Excel file can be found in the panel itself.

Unlimited. There is no limit on the number of students you can add or import.

Students will receive an SMS with their login details on their mobile phones immediately after their account is created in the system - either when you import student details in to the system or when you create their account individually.

Unlimited. There is no limit on the number of Courses, Programs or Batches you can create.

No. You can copy the fees structure & rename it as per your needs. You can also modify, add or remove fee heads if needed in the copied fees structure.

PayMyFee supports & accepts payments from all major Credit & Debit Cards (VISA, MasterCard, RuPay, AMEX, Diners), Internet Banking (All major Indian Banks), Mobile Wallets (Paytm, Mobikwik, JioMoney, etc.), UPI & Prepaid Cards. PayMyFee also supports acceptance of International payments.

From the PayMyFees Blog

Some quick reads from our official blog. Handpicked for you.

Step-by-Step Guide: Using PayMyFee for Fee Payments
Step-by-Step Guide: Using PayMyFee for Fee Payments
Step-by-Step Guide: Using PayMyFee for Fee Payments In today’s fast-paced digital world, managing payments for educational institutions can be time-consuming. PayMyFee offers a streamlined, secure, and user-friendly platform to handle fee payments efficiently. This guide walks you through the process of navigating and using PayMyFee, ensuring a seamless experience for parents, students, and administrators. Why...

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How Online Payment Systems Benefit Parents and Students: A Guide to Using PayMyFee.com for Seamless Fee Payments
How Online Payment Systems Benefit Parents and Students: A...
In today’s fast-paced world, convenience is everything. For parents and students, managing school or college fees can often feel like a complex task. With busy schedules, long queues at banks, and the fear of missed deadlines, traditional payment methods are becoming a thing of the past. This is where online payment systems come to the rescue, offering a modern and user-friendly way to handle fees. One such platform is...

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How does Online Fee Collection help the Institutes?
How does Online Fee Collection help the Institutes?
The current pandemic has already brought several well-thriving organizations to knockdown on their knees, among which educational sector too holds a share. And such condition left them no other option to keep it going than to rely on digital solutions. Though the institutions are rendering their services via online teaching but when it comes to collection of fees, they are facing much hassle. Moreover, the current...

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