Introduction

Modern financial services demand fast, secure, and error-free payment experiences. Our Bank Account Verification API empowers businesses and financial institutions to instantly validate bank account details before initiating payouts, collections, or onboarding.

This robust API ensures the accuracy of account holder information by verifying key details such as account number, IFSC code, and account name — directly from the beneficiary’s bank. It helps reduce transaction failures, fraud, and manual reconciliation.

Whether you're disbursing loans, processing refunds, or onboarding vendors and customers, our Bank Account Verification API delivers a real-time, paperless, and fully digital verification workflow.

Enhance your payment operations with a secure, scalable, and developer-friendly solution tailored for today’s real-time financial ecosystems.

Benefits of Bank Account Verification API

Real-Time Account Validation

Instantly verifies if a bank account number and IFSC combination is valid and active — ensuring payouts go to the correct recipient.

Confirms Account Holder Name

Matches the provided name with the one registered with the bank, reducing the risk of identity mismatch or fraud.

Reduces Payment Failures

Prevents failed or returned transactions caused by incorrect or inactive account details.

Prevents Fraudulent Transactions

Detects fake or misused bank account information before money is disbursed.

What Is Bank Account Verification API , and Why Use It?

Bank Account Verification API is a secure tool that allows businesses to verify the validity of a bank account by confirming the account number, IFSC code, and account holder’s name directly with the bank in real-time.

Key features of Bank Account Verification API

Real-Time Bank Account Validation

Verifies account number and IFSC code instantly to confirm the account's existence and validity.

Account Holder Name Match

Returns the name registered with the bank, allowing for name matching and validation during onboarding or payouts.

Reduces Failed Transactions

Minimizes payment errors and reversals caused by incorrect or inactive account details.

Bulk Verification Support

Handles large volumes of verifications, making it ideal for payroll, lending, or merchant platforms.

Frequently asked questions?

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What is the Bank Account Verification API?

It’s an API that enables real-time validation of a customer’s or beneficiary’s bank account details (account number and IFSC) directly from the bank to confirm accuracy and ownership.

What information does the API verify?

The API typically verifies the account number, IFSC code, and returns the name of the account holder as registered with the bank.

Why is bank account verification important?

It helps reduce transaction failures, prevents fraud, ensures payouts go to the correct person, and supports compliant onboarding processes.

Who can use this API?

Fintechs, NBFCs, lenders, insurance platforms, payroll systems, marketplaces, and any business that makes payments or onboards users with bank details.

How fast is the verification process?

The verification is performed in real-time and results are typically returned in a few seconds.

Does the API support bulk verification?

Yes, the API can be scaled to handle high-volume or batch account verification requests.

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