FINO Merchant Commission 2026 – Full Rate Card Explained
If you are planning to become a FINO Merchant, one of the most important things to understand is the commission structure.
FINO Merchant earning is not a fixed salary. It can come from multiple services such as AePS, mATM, DMT, CASA account opening, CASA withdrawal/deposit, FD, insurance, BBPS, recharge, loan referrals and other eligible services.
For this article, the commission figures below are based on the August 2026 FINO Merchant Commission Structure / August Azadi Scheme brochure available for this period. The brochure itself states that schemes are subject to change and terms & conditions apply.
Important: Commission rates and promotional schemes can change. Merchants should verify the currently applicable payout in their FINO/FinoMitra account before making business decisions.
FINO Merchant Commission 2026 at a Glance
The August 2026 commission material covers:
- mATM
- AePS
- AePS Mini Statement
- DMT
- CASA
- CASA Withdrawal
- CASA Cash Deposit
- FD
- Gold Loan
- Home Loan/LAP Referral
- Insurance
- BBPS
- Recharge
- CMS
- Subscription Plans
- PAN Card Services
- Device offers
This is important because a FINO Merchant can potentially build income from multiple services instead of depending on only AePS transactions.
1. FINO AePS Commission 2026
AePS is one of the most commonly used services at a FINO Merchant outlet.
The August 2026 brochure shows different payout options depending on the transaction amount and applicable offer.
AePS transaction slabs
| Transaction Amount | Effective Payout – Option 1 | Option 2 |
|---|---|---|
| ₹100–₹999 | ₹0.50 | ₹0.50 |
| ₹1,000–₹1,499 | ₹1.50 | ₹1.50 |
| ₹1,500–₹1,999 | ₹3 | ₹3 |
| ₹2,000–₹2,499 | ₹4 | ₹4 |
| ₹2,500–₹2,999 | ₹5 | ₹5 |
| ₹3,000–₹3,999 | ₹7 | ₹11 |
| ₹4,000–₹7,999 | ₹7 | ₹7 |
| ₹8,000–₹10,000 | ₹10 | ₹7 |
The brochure presents separate effective payout/offer columns, so merchants should check which option is applicable to their account.
2. mATM Commission
The August 2026 Dhan Dhana Dhan offer provides additional earning based on cash-withdrawal throughput.
The brochure gives these examples:
| Cash Withdrawal Throughput | Dhan Dhanadhan Payout |
|---|---|
| ₹1 lakh–₹1.99 lakh | ₹25 |
| ₹2 lakh–₹2.99 lakh | ₹50 |
| ₹3 lakh | ₹100 |
After the first ₹3 lakh slab, the brochure says the incremental payout for every additional ₹3 lakh is ₹25.
For example, the brochure illustrates ₹100 payout on ₹3 lakh throughput, assuming an average payout of ₹1 per mATM/AePS transaction.
Why transaction volume matters
A merchant with a strong customer base can potentially increase earnings by increasing eligible transaction volume.
However, higher transaction volume does not automatically mean a fixed guaranteed monthly income.
3. AePS Mini Statement Commission
AePS Mini Statement has a separate earning opportunity.
The August 2026 brochure states:
₹1 commission on every AePS Mini Statement
It also specifies that this commission is extra over the applicable fixed payout.
Example
If you provide:
2,000 eligible mini statements × ₹1
Your illustrative commission:
₹2,000
This is a simple calculation; actual eligibility and payout conditions apply.
4. FINO DMT Commission 2026
DMT means Domestic Money Transfer.
The August 2026 FINO material shows additional commission examples for different DMT transaction slabs.
| DMT Transaction | Example Commission |
|---|---|
| ₹1,000 | ₹4.80 |
| ₹3,000 | ₹14.40 |
| ₹5,000 | ₹24 |
| ₹10,000 | ₹48 |
The brochure notes that the DMT commission is in addition to the standard commission.
Example
Suppose you process 500 eligible ₹5,000 transactions:
500 × ₹24 = ₹12,000
This is an illustrative calculation using the brochure’s example rate, not a guaranteed monthly earning.
5. FINO CASA Commission 2026
CASA is another important earning category.
The August 2026 brochure provides base commission for different account products.
CASA Base Commission
| CASA Product | Base Price with DC | Base Price without DC |
|---|---|---|
| Gullak | ₹25 | ₹10 |
| Shubh | ₹25 | ₹10 |
| Bhavishya | ₹25 | ₹10 |
| Saral | ₹25 | — |
| Jan | — | ₹10 |
| Aarambh | — | ₹10 |
| Gati | ₹40 | ₹10 |
| Pragati | ₹50 | ₹10 |
| Sampann | ₹50 | ₹10 |
The brochure notes that these commissions apply to standard-model merchants and gives additional provisions for certain merchant categories.
6. CASA Hungama Incentive
In addition to the base commission, the August 2026 scheme has a CASA Hungama incentive based on monthly CASA account openings.
| CASA Openings | Incentive Per Account |
|---|---|
| 1–2 | ₹0 |
| 3–5 | ₹25 |
| 6–10 | ₹35 |
| 11–25 | ₹45 |
| 26–49 | ₹55 |
| 50+ | ₹70 |
The brochure says the CASA Hungama slab applies to CASA account types except Aarambh, Suvidha, Gati and Sahej accounts.
7. CASA Initial Deposit & MAB Commission
A merchant can also receive an additional:
₹25 per qualifying CASA
when the account is opened with ₹1,000 or more and a minimum balance of ₹500 is maintained in the succeeding month, according to the August 2026 brochure.
Example
If 20 eligible accounts qualify:
20 × ₹25 = ₹500
additional illustrative earning.
8. PAN Card Linked CASA Commission
The August 2026 scheme provides:
₹5 extra per CASA opened with PAN Card
It also mentions an offer for linking an existing customer account with PAN.
This can be useful for merchants who actively help customers complete eligible account-related services.
9. First Passbook Print Commission
The brochure also provides:
₹5 extra on the first passbook print
and separately mentions:
₹5 on print of every 25 lines
under the applicable passbook-print commission offer.
10. CASA Earning Example
The brochure provides an illustration of the potential commission per account at the 50+ CASA slab.
| Account | Illustrative Total Earning Potential |
|---|---|
| Shubh SA | ₹130 |
| Bhavishya/Saral/Gullak SA | ₹130 |
| Jan SA | ₹115 |
| Aarambh SA | ₹40 |
| Sampann CA | ₹155 |
These figures combine the applicable components shown in the brochure and should therefore not be interpreted as a universal fixed payout for every merchant/account.
11. CASA Withdrawal Commission
The August 2026 commission card gives the following CASA withdrawal payouts for eligible transactions:
| Withdrawal Amount | Commission |
|---|---|
| ₹500–₹999 | ₹0.50 |
| ₹1,000–₹1,499 | ₹1.50 |
| ₹1,500–₹1,999 | ₹2 |
| ₹2,000–₹2,499 | ₹3 |
| ₹2,500–₹3,499 | ₹4 |
| ₹3,500–₹3,999 | ₹5 |
| ₹4,000–₹6,999 | ₹6 |
| ₹7,000–₹10,000 | ₹7 |
| ₹10,001–₹5,00,000 | ₹8 |
The brochure notes that this applies to cash withdrawal through mATM and withdrawal through fingerprint/debit card, with the applicable conditions.
12. CASA Cash Deposit Commission
For applicable Shubh, Bhavishya, Pragati and Gullak Savings Account customers, the brochure shows:
| MAB Bucket | Commission |
|---|---|
| ₹500–₹1,000 | 0.05% |
| ₹1,001–₹5,000 | 0.15% or ₹50, whichever is lower |
| Above ₹5,000 | 0.25% or ₹50, whichever is lower |
13. FINO FD Commission 2026
The August 2026 brochure provides a straightforward FD commission:
0.25% of the FD amount on every new FD
The brochure states that the commission is paid to merchants as part of the monthly payout and identifies the FD scheme as being in partnership with Suryoday Small Finance Bank Ltd.
Example
For a new eligible FD of:
₹1,00,000
Commission:
₹1,00,000 × 0.25% = ₹250
For:
₹5,00,000
Commission:
₹5,00,000 × 0.25% = ₹1,250
These are mathematical examples based on the brochure’s stated 0.25% rate.
14. Subscription Plan Commission
The August 2026 brochure also contains Silver, Gold and Platinum subscription plans.
| Plan | Price |
|---|---|
| Silver | ₹1,799 |
| Gold | ₹2,999 |
| Platinum | ₹5,999 |
The brochure provides additional commission/benefit columns for mATM/AePS, DMT, CASA, AePS Mini Statement, FD and Gold Loan under these plans. It also states that the subscription auto-renews after expiry unless the merchant opts out according to the stated process.
Before purchasing any plan, check the current terms, applicable benefits and renewal conditions.
15. BBPS Merchant Commission
The August 2026 rate card includes BBPS merchant commission.
The document shows:
Bajaj Finance Agent Collection Category – 0.11% of transaction value monthly
subject to the applicable conditions.
16. CMS Commission
CMS stands for Cash Management Services.
The brochure shows two commission ranges:
Agent-based fixed volume
0.045%–0.20%
Client-based fixed volume
0.10%–0.35%
The exact payout depends on the applicable volume arrangement.
17. Recharge Commission
The August 2026 material lists the following biller commission percentages:
| Biller | Commission |
|---|---|
| Vodafone | 0.40% |
| Jio | 0.40% |
| Idea | 0.25% |
| Airtel | 0.15% |
| Videocon | 1.20% |
18. Recharge Pack Additional Commission
The brochure also shows an additional commission based on the number of packs sold:
| Packs Sold | Additional Commission |
|---|---|
| 1–4 | ₹0 |
| 5–9 | ₹50 |
| 10–14 | ₹150 |
| 15–19 | ₹250 |
| 20–24 | ₹400 |
| 25+ | ₹500 |
The listed merchant commission is 7% per pack for the applicable recharge offer.
19. FINO Insurance Commission
The August 2026 brochure includes multiple insurance products from providers such as Go Digit, ICICI Lombard and Care Health.
The commission differs by product.
Examples in the brochure include:
- Motor insurance commissions based on OD/TP premium
- Personal accident products
- PMSBY
- PMJJBY
- Hospicash
- Health products
- Shopkeeper insurance
Some products have flat percentage payouts while others have fixed merchant marketing fees.
For example, the brochure lists motor-policy percentages such as 10%, 12.5%, 17%, and 10% of OD premium for specific products/merchant categories, while other products show flat percentages or fixed amounts.
Because the insurance table contains product-specific conditions, do not use one percentage as a universal FINO insurance commission rate.
20. Home Loan & LAP Referral Commission
This is one of the higher-value earning opportunities shown in the August 2026 material.
The brochure lists:
| Referral Product | Payout |
|---|---|
| Easy Home Finance – Home Loan | 1.00% |
| Easy Home Finance – LAP | 0.80% |
| Aditya Birla Capital – LAP | 0.80% |
| Tyger Capital – HL & LAP | 0.50% |
| MRHFL – Home Loan | 0.35% |
The brochure states that loan referral services are provided on a non-risk participation basis and that commission is calculated on the disbursement amount.
21. Home Loan Income Example
The brochure uses an average Home Loan/LAP ticket size of ₹15 lakh.
For example:
Easy Home Finance – Home Loan
1% of ₹15 lakh:
₹15,00,000 × 1% = ₹15,000
Easy Home Finance – LAP
0.80% of ₹15 lakh:
₹15,00,000 × 0.80% = ₹12,000
These exact ₹15,000 and ₹12,000 examples are also shown in the brochure’s earning-potential illustration.
22. Gold Loan Referral Commission
The August 2026 rate card also provides Gold Loan referral payouts.
| Product/Category | Payout |
|---|---|
| Bajaj Gold Loan | 0.45% |
| ETG – Scheme 2 New | 0.30% |
| Muthoot Fincorp – Loan > ₹5 lakh & Scheme 2 | 0.70% |
| Muthoot Fincorp – < ₹5 lakh | 0.45% |
| Muthoot Fincorp – Existing | 0.22% |
The brochure uses ₹1 lakh as the average Gold Loan ticket size for its earning illustration.
23. Gold Loan Income Example
Suppose an eligible ₹1 lakh Gold Loan is disbursed.
At 0.70%:
₹1,00,000 × 0.70% = ₹700
At 0.45%:
₹1,00,000 × 0.45% = ₹450
At 0.22%:
₹1,00,000 × 0.22% = ₹220
These correspond to the payout examples shown in the August 2026 brochure.
24. FINO Merchant Earning Potential
The brochure provides a combined referral earning illustration.
For its listed loan products, it shows:
- Easy Home Finance HL – ₹15,000
- Easy Home Finance LAP – ₹12,000
- Aditya Birla Capital LAP – ₹12,000
- Tyger Capital HL/LAP – ₹7,500
- MRHFL HL – ₹5,250
The brochure shows a total earning potential of ₹53,870 for the combined products in its illustration.
This is a promotional earning-potential illustration, not a guaranteed monthly income.
How Much Can a FINO Merchant Earn?
There is no single fixed answer.
Your income can depend on:
Customer Footfall + Transaction Volume + CASA Accounts + DMT + FD + Insurance + Loan Referrals + Other Eligible Services
For example, a merchant could have a hypothetical monthly mix like:
| Income Source | Example |
|---|---|
| AePS/mATM | ₹5,000 |
| DMT | ₹8,000 |
| CASA | ₹7,000 |
| FD | ₹2,000 |
| Insurance | ₹3,000 |
| Loan Referrals | ₹10,000 |
| Other Services | ₹2,000 |
| Total | ₹37,000 |
This is only an illustrative calculation, not a promised FINO Merchant income.
Can FINO Merchant Earn ₹30,000-₹1 Lakh?
It is possible to construct earning scenarios at these levels when multiple services and sufficient business volume are involved.
However, ₹30,000, ₹50,000 or ₹1,00,000 should not be advertised as guaranteed income.
For example, one successful ₹15 lakh Home Loan referral at a 1% applicable payout gives an illustrative ₹15,000 payout.
A merchant who combines such referrals with DMT, CASA, AePS, FD, insurance and other eligible services may have a broader earning opportunity.
FINO Merchant Commission – Important Conditions
The rate card contains several important conditions.
DMT
DMT commission is stated to be in addition to standard commission.
CASA
CASA commission is based on the total payout of CASA Base Commission + CASA Hungama Scheme where applicable.
AePS Mini Statement
The mini-statement commission is stated to be extra over the fixed payout.
Gold Loan
Gold Loan commission is stated to be in addition to standard commission.
Device Offer
Extra device commission is applicable only under the stated single-device purchase condition.
FINO Merchant Commission 2026 – Best Earning Opportunities
Based on the August 2026 rate card, merchants may want to focus on a combination of:
Daily Transactions
AePS + mATM + Mini Statement
Regular Banking Business
CASA + CASA Withdrawal + CASA Deposit
Higher-Ticket Business
FD + Home Loan + LAP + Gold Loan
Additional Services
Insurance + BBPS + Recharge + CMS
This diversified approach can provide more earning opportunities than relying on only one service.
How to Increase FINO Merchant Income
1. Increase Customer Footfall
Make customers aware of the banking services available at your outlet.
2. Focus on Multiple Services
Don’t depend only on AePS. Explore eligible CASA, DMT, FD, insurance and referral services.
3. Build CASA Business
The August 2026 scheme has multiple CASA components, including base commission, CASA Hungama, initial deposit/MAB, PAN-linked incentives and passbook-print incentives.
4. Target Eligible Loan Referrals
Home Loan/LAP referrals can have higher individual payout potential than small transaction services.
5. Maintain Compliance
Only provide services that are activated and authorised for your merchant account.
FINO Merchant Commission 2026 – Important Disclaimer
The figures in this article are based on the August Azadi Merchant Brochure / Commission Structure 2026 available for August 2026. The brochure itself says “T&C Apply” and indicates that schemes are subject to change.
Therefore:
- Commission rates can change.
- Promotional schemes can expire.
- Eligibility conditions can apply.
- Different merchant categories may receive different payouts.
- Transaction/service eligibility matters.
- Loan commission depends on successful disbursement.
- Insurance commission is product-specific.
- Subscription benefits have separate conditions.
Always verify the current commission shown in your FINO/FinoMitra account before relying on a rate for business calculations.
Want to Become a FINO Merchant?
If you are interested in earning through FINO’s available banking and financial services, you can explore FINO Merchant Registration through Vyapar Grow.
At Vyapar Grow, you can get guidance related to:
- FINO Merchant Registration
- FINO CSP Registration
- FINO BC Point
- FINO Merchant Documents
- FINO Merchant Onboarding
- FINO Distributor
- FINO Super Distributor
- Banking CSP opportunities
👉 Apply / Enquire
If you already have a retail shop, CSC centre, mobile shop, kirana store, medical shop or other eligible outlet, you can explore whether FINO Merchant services are suitable for your business.
FINO Merchant Commission 2026 – FAQs
What is FINO Merchant Commission?
FINO Merchant Commission is the payout/incentive a merchant may receive for eligible banking and financial services performed through the applicable FINO platform and schemes.
What is the FINO AePS commission in 2026?
The August 2026 rate card shows transaction-slab based AePS payouts, with different options and promotional payouts. The applicable amount depends on the merchant’s active scheme.
How much does FINO pay for DMT?
The August 2026 brochure gives examples of ₹4.80 on ₹1,000, ₹14.40 on ₹3,000, ₹24 on ₹5,000 and ₹48 on ₹10,000, in addition to the standard commission.
How much is FINO FD commission?
The August 2026 brochure states 0.25% of the FD amount on every new FD under the listed FD commission scheme.
How much can I earn from CASA?
CASA earnings can include base commission and applicable incentive components. At the 50+ CASA slab, the brochure illustrates earning potential of ₹130 for Shubh SA, ₹130 for Bhavishya/Saral/Gullak SA, ₹115 for Jan SA, ₹40 for Aarambh SA and ₹155 for Sampann CA.
Is ₹1 lakh monthly income guaranteed?
No. FINO Merchant income is performance-based and depends on eligible transactions, services, referrals, schemes and applicable payout terms.
Which FINO service has the highest earning potential?
Higher-ticket loan referrals can provide larger individual payouts. For example, the August 2026 brochure illustrates ₹15,000 on a ₹15 lakh Home Loan at 1%, subject to eligibility and successful disbursement.
Where can I get FINO Merchant registration guidance?
You can visit Vyapar Grow – www.vyapargrow.in for FINO Merchant registration guidance.
Final Word: Is FINO Merchant Worth It?
The biggest advantage of the FINO Merchant model is the ability to potentially earn from multiple financial services.
Instead of depending on just one transaction type, a merchant can explore:
AePS + mATM + DMT + CASA + FD + Insurance + Loan Referral + BBPS + Recharge
depending on which services are available and activated.
The August 2026 commission structure shows that there are multiple earning components, but the actual income will depend on business volume, customer demand, eligibility and the commission scheme applicable to your merchant account.
🚀 Become a FINO Merchant
If you want to start a FINO Merchant business and understand the registration process:
Visit: www.vyapargrow.in
Vyapar Grow can help you understand the FINO Merchant registration and onboarding process so you can explore the available earning opportunities for your location and business.