Bank Account Verification [Penny-Less]
Verify bank accounts through a penny-less verification. Businesses can verify bank accounts in a cost-effective way using Sandbox APIs.
Overview
The API takes in ifsc
and account_number
to verify the bank account.
Problem
- Bank account verification is important for businesses as part of their KYC process.
- Relying on customers to provide accurate bank account details.
- For a smooth onboarding journey, you want to verify bank accounts without dropping a penny (INR 1).
- However, they have no reliable way to verify a bank account.
Solution
- This API verifies Bank Account details through a penny-less mechanism.
- Incorporate this API into your user onboarding journey for seamless financial KYC.
Endpoint
HTTP Method | Resource |
---|---|
GET | /bank/:ifsc/accounts/:account_number/penniless-verify?name={{name}}&mobile={{mobile}} |
Select Banks are Accepted
The API can be used for Selected Number of Banks. You can use the IFSC Validation API to check if the account falls under these banks.
Request
Follow the below guidelines to pass IFSC and account number for a penny-less verification
Path Parameters
Param | Type | Description | Example |
---|---|---|---|
ifsc | string | 11-digit alpha-numeric code used to identify the bank branches | SBIN0021745 |
account_number | string | Bank account number. Max length: 40 characters. | 026291800001191 |
Query Parameters
Param | Type | Description | Example |
---|---|---|---|
name | string | Name of the Account holder. | John Doe |
mobile | string | Mobile number of the account holder. | 9999999999 |
Sample CURL request
curl --location --request GET 'https://api.sandbox.co.in/bank/SBIN0021745/accounts/026291800001191/penniless-verify?name=JOHN%20DOE&mobile=9999999999' \
--header 'Authorization: eyJhbGciOiJIUzUxMiJ9.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.nH23CR5RHGQ0U19I_vq3vyJ_85A1a2iEMQij5QHgJQdDuS9x7FmTidsr1CQabSFF5ujE40SFxHv1gJM20TauUw' \
--header 'x-api-key: key_live_Ade**************************Uxs' \
--header 'x-api-version: 1.0.0'
Test Environment Available
Response
Param | Type | Description | Example |
---|---|---|---|
account_exists | boolean | Indicates if the account exists or not. Possible values:true or false | true |
name_at_bank | string | Name of the account holder | John Doe |
Response Caching
Response caching has been enabled for this API. You can identify a cached response with the X-cache
header. The response from this API will be cached for 24 hours. There will be no wallet charge for cached responses. Learn more about our response caching mechanism here.
Wallet Charges
Since Bank Account Verification [Penny-Less] API is a Paid API, a wallet charge will take place.
Versioning
This API is currently in major version 1.0. Refer to our versioning policies here
Select Banks
Banks Acceptable | IFSC Code first 4 digit |
---|---|
Kotak Mahindra | KKBK |
Axis bank | UTIB |
SURYODAY SMALL FINANCE BANK LIMITED | SURY |
SBI Bank | SBIN |
IDBI BANK | IBKL |
YES BANK | YESB |
CORPORATION BANK | CORP |
ALLAHABAD BANK | ALLA |
PAYTM PAYMENTS BANK LTD | PYTM |
CITI BANK | CITI |
DEVELOPMENT BANK OF SINGAPORE | DBSS |
INDIA POST PAYMENT BANK | IPOS |
ANDHRA BANK | ANDB |
INDUSIND BANK | INDB |
BANK OF MAHARASHTRA | MAHB |
FEDERAL BANK | FDRL |
NSDL Payments Bank | NSPB |
Jana Small Finance Bank | JSFB |
Union Bank | UBIN |
Canara Bank | CNRB |
Indian Bank | IDIB |
South Indian Bank | SIBL |
Standard Chartered Bank | SCBL |
Karnataka Bank | KARB |
UCO Bank | UCBA |
TJSB Bank | TJSB |
Cosmos Cooperative Bank | COSB |
RAJKOT NAGARIK SAHAKARI BANK LTD | RNSB |
Bank of Baroda | BARB |
Bank of India | BKID |
Saraswat Co-operative Bank | SRCB |
Punjab and Sind Bank | PSIB |
Tamilnad Mercantile Bank LTD | TMBL |
City Union Bank | CIUB |
CATHOLIC SYRIAN BANK LTD | CSBK |
AU Small Finance Bank | AUBL |
The Shamrao vithal Co-operative Bank | SVCB |
Abhyudaya Co-op Bank | ABHY |
Dhanalaxmi Bank | DLXB |
The Ratnakar Bank Limited | RATN |
THE JAMMU AND KASHMIR BANK LTD | JAKA |
Janta Sahakari Bank | JSBP |
PRAGATHI KRISHNA GRAMIN BANK | PKGB |
THE KALUPUR COMMERCIAL CO. OP. BANK LTD. | KCCB |
PARSIK JANATA SAHAKARI BANK LTD | PJSB |
Equitas Small Finance Bank | ESFB |
DEOGIRI NAGARI SAHAKARI BANK LTD. | DEOB |
Ambarnath Jaihind Co-op Bank | AJHC |
SVC Co-op Bank Limited | SVCB |
Airtel Payments Bank | AIRP |
ESAF Small Finance Bank | ESMF |
Fincare Small Finance Bank Limited | FSFB |
Emirates NBD Bank (P J S C) | EBIL |
Dattatraya Maharaj Kalambe Jaloli Sahakari Bank Ltd. | DMKJ |
Fino Payments Bank | FINO |
The Navnirman Co-Operative Bank Ltd | NVNM |
Surat National Co-Operative Bank Limited | SUNB |
The Varachha Co-op Bank Ltd | VARA |
Prime Co-operative Bank Ltd. | PMEC |
The Surat District Co-op Bank Ltd. | SDCB |
BHAGINI NIVEDITA SAHAKARI BANK LTD PUNE | BNSB |
ARUNACHAL PRADESH RURAL BANK | ARBL |
DURGAPUR STEEL PEOPLES COOP BANK LTD | DURG |
Smriti Nagrik Sahakari Bank | SNBK |
THE TAMILNADU STATE APEX COOP BANK | TNSC |
TELANGANA STATE CO-OP APEX BANK | TSAB |
Bassein Catholic Co-op. Bank Ltd. | BACB |
BNP Paribas | BNPA |
HDFC Bank Limited | HDFC |
ICICI Bank Limited | ICIC |
NKGSB Co-operative Bank Ltd | NKGS |
Punjab National Bank | PUNB |
The Dombivli Nagari Sahakari Bank Ltd. | DNSB |
The Hong Kong & Shanghai Banking Corporation Ltd. | HSBC |
The Nainital Bank ltd | NTBL |
Bandhan Bank | BDBL |
The Vijay Co-Operative Bank Ltd | VCOB |
Jio Payments Bank Limited | JIOP |
NORTH EAST SMALL FINANCE BANK LTD | NESF |
The Citizen Credit Co-op Bank Ltd | CCBL |
Lakshmi Vilas Bank | LAVB |
The Gujarat State Co-op Bank Ltd | GSCB |
THE AHMEDABAD MERCANTILE CO-OP BANK LTD | AMCB |
Updated about 10 hours ago