Mifuto Settles Hospital Commissions Based on Agreement Terms
Trivandrum, Kerala – Mifuto has clarified that commission payouts for hospital authorities are processed based on mutually agreed terms, ensuring flexibility and transparency in settlement cycles.
Instead of a fixed payout window, settlements are aligned with the agreement between Mifuto and the hospital.
Flexible Settlement Options
Depending on the agreement, commissions can be settled:
- Within 2–3 working days after service completion
- Weekly payouts
- Monthly settlements
When Does Processing Start?
- After the service is completed in the system
- Completed bookings are included in the payout cycle as per agreement
Mode of Payment
- Payments are made directly to the registered bank account
- No cash settlements are allowed
TDS Deduction
- Applicable TDS is deducted as per regulations
- Net commission amount is transferred after deduction
Why This Model Works
- Aligns with hospital financial workflows
- Reduces payout delays and confusion
- Ensures predictable and transparent settlements
What This Means for Hospital Authorities
- Flexibility in choosing payout cycle
- Clear agreement-based structure
- Secure and trackable transactions
Final Take
- Payout cycle → Agreement-based (2–3 days / weekly / monthly)
- Trigger → Service completed
- Mode → Bank transfer only
- Cash → Not allowed
- TDS → Applicable
Mifuto’s payout system is built for flexibility, compliance, and clarity.
