Our Bank Account Verification enables seamless verification of a user’s bank account by performing a ₹1 credit to the provided account. It validates the account using the account number and IFSC code as inputs. The response confirms account validity and includes name match verification to ensure the account belongs to the intended user. This helps institutions verify beneficiary accounts securely before initiating transactions or disbursements.
IMPS Penniless is an API that verifies bank account details without requiring a small-value transaction to be initiated.
IMPS Penny Drop API verifies bank account details by initiating a small-value transaction through IMPS, helping businesses validate account ownership and support secure payouts.