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.