BANK ACCOUNT VERIFICATION

Verify
bank account
details accurately

All-in-one module for increased conversions and zero downtime

Book a demo

What do we offer?

A comprehensive suite to verify the bank account details and match
entered name with account holder name.

Pennyless Verification

Validate user’s bank account details without any transaction

Cancelled Cheque OCR

Automatically extract all relevant details from the cancelled cheque

IFSC Verification

Fetch bank address, name and other details specific to the IFSC code

Reverse Penny Drop Verification

Fetch and validate user’s bank account details without any user input

Penny Drop Verification

Verify user’s bank account details by dropping ₹1 into their account

High user drop-offs with existing solutions

HyperVerge AI Solutions Recall details

Need for users to recall account no; and IFSC code

HyperVerge AI Solutions High drop-offs

Frequent vendor downtimes

HyperVerge AI Solutions No fall-back

Lack of automated fallback mechanisms

Convert more users at the bank account verification step during KYC

See how it works

Fill out this form to continue watching

Use Cases

Why Choose HyperVerge?

Back-Up Vendors

Multiple fallback opts & backup vendors to minimise drop-offs

Easy Integration

Plug-&-play module for easy integration.

Analytics Dashboard

Analytics dashboard for identifying drop-off reasons

Access to all Modules with One SDK Integration

Access to all modes of bank account verification with one integration

Explore other plug & play modules

Aadhaar eSign

Onboard users by navigating ESP (Esign Service Provider) downtimes.

Account Aggregator

Fetch financial data with 100% success rate while staying compliant

Income Validation

Automatically extract and verify users income details in seconds

Auto-Debit Setup

Collect your payments timely and effortlessly

Bank Statement Analytics

Validate income and analyse monthly transactions in one go.

Wet Signature

Optimise captures, minimise re-tries & verify signatures >90% accuracy.

Frequently
asked Questions

Chat with our team

What is Bank Account Verification (BAV)?

How can I verify a bank account in India?

What is Reverse Penny Drop (RPD) and how does it work?

Latest Blogs

The latest news, updates and more about KYC industries related market resources from our team.

View more Blogs

Jan 25, 2023

A Complete Guide to Bank Account Verification

Bank account verification is a process where businesses verify the legitimate owner of the bank accounts they transact with. Read on to find out the complete process and best practices to follow during account verification.

ID Verification & KYC 4 min read

Mar 19, 2024

Beyond Basics: Navigating the Evolving Landscape of Bank Account Verification

Discover everything you need to know about the primary techniques of bank account verification, their advantages and disadvantages, and how to choose the optimal method tailored to your business needs!

Product 7 mins read

Sep 29, 2022

All About The Process & Significance Of KYC Compliance Requirements

KYC compliance is a necessary practice to prevent frauds. To know more about the KYC compliance requirements, it's procedure & its significance, click here & read now!