A lending program should offer a clear and efficient way to disburse the loan amount to the client. Depending on the geography some people might be familiar with a certain mode of receiving money. In this post we will look at the various modes and disucss the pro and cons of each of these as well as the technology that is used to automate the process.

Disbursing money has evolved over the last two decades, the most popular modes used by financial institutions for transferring funds to the client over the years are: