> ## Documentation Index
> Fetch the complete documentation index at: https://www.cashfree.com/docs/llms.txt
> Use this file to discover all available pages before exploring further.

# Vendor Instant Settlements

> Enable Cashfree Easy Split vendor instant settlements so marketplace vendors receive their share in their bank accounts within minutes of order success.

You can set the vendor schedule option while [creating a vendor](/api-reference/payments/latest/split/vendors/create). The **settlementCycleId** value defines the vendor schedule option.

The instant schedule options are as follows:

**Instant Settlement 24 \*7**

| Settlement ID | Description                                |
| :------------ | :----------------------------------------- |
| 8             | Instant settlement every hour 24\*7.       |
| 9             | Instant settlement every 3 hours 24\*7.    |
| 14            | Instant settlement every 15 minutes 24\*7. |

<Info>
  Prerequisites to enable 24\*7 cycle:

  * Merchant should be enabled on merchant IS - risk and finance check will be performed at merchant level.
  * IS limit should be configured for the merchant.
  * Markup rate for non-banking hour settlement should be set for the merchant.
  * Instant settlement limit is defined at merchant level, Instant settlement limit = Merchant IS + Vendor IS
  * When the IS daily limit is breached, the settlement for the merchants (both merchant IS and vendor IS) will be limited till new limit is refreshed the following day.
</Info>

**Vendor instant settlement within banking hours**

| Schedule  ID | Description                                                                                                             |
| :----------- | :---------------------------------------------------------------------------------------------------------------------- |
| 3            | All transactions from 4:30 PM T-1 to 10:30 AM T+0 settled at 11 AM T+0, and 10:30 AM T+0 to 4:30 PM T+0 at 5:00 PM T+0. |
| 6            | Instant settlement every hour between 7:00 AM and 5:00 PM on working days.                                              |
| 7            | Instant settlement every 3 hours between 8:00 AM and 5:00 PM on working days.                                           |

<Tip>
  T+x\*: Settlement cycle is subject to bank approval and can vary based on transaction type, business category/model, risk parameters, and other factors.
</Tip>