Bank Account Verification

Bank Account Verification - Fast, Secure, Cost-Effective

Enjoy quick, cost-effective, and highly accurate bank account verifications with unmatched success rates. Our solution ensures seamless, secure transactions, providing reliable and efficient verification for your business needs.

Top-Notch Bank Verification Performance

Experience reliable, scalable, and fast verification with industry-leading results.

99.8% success rate Instant 3-second bank account verifications Wide coverage across major banks.

Verification may fail due to issues with the account number, IFSC code, or if the account is blocked, frozen, or closed. Get instant insights into the exact reason for the failure.

Enhanced Verification Process

Penny Testing

Verify account existence and match names with bank records.

UPI ID

Validate UPI ID and fetch beneficiary details from the bank.

IFSC Code

Easily match beneficiary names using the latest IFSC codes.

Penniless Testing

Instant account verification without penny drop. *Limited coverage

Versatile industry applications
for bank account verification by Indiplex

Marketplace

Verify user and vendor accounts to ensure accurate payment transfers.

Lending

Confirm bank details before loan disbursement to prevent payment failures or reversals.

Insurance

Authenticate users and nominees during onboarding or while processing insurance claims.

Brokerage/ Investment Platforms

Verify user details during onboarding or before making payouts to ensure accuracy.

Recruitment & Identity Verification Companies

Validate bank account information and match employee names to reduce transfer errors and improve onboarding.

Payments & Fintech Companies

Ensure smooth onboarding by verifying user details in real time.

Small Businesses & Individuals

Prevent transfer issues by verifying account details, ensuring a seamless experience for customers.

Wallet Service Providers

Speed up user onboarding with instant verifications.

Government Agencies

Verify bank details and match employee names to minimize payment errors.

FAQs

What is bank account verification?

Bank account verification ensures that the provided account details belong to the intended recipient and are valid.
Why is account verification important?

It minimizes errors, reduces fraud, and ensures that payouts reach the correct recipient.
How long does the verification process take?

Verifications are typically completed within seconds using our automated systems
Can I verify accounts in bulk?

Yes, our platform supports bulk account verification to save time and effort for businesses.

Don't have a registered business? We got you covered!

Whether you’re a freelancer, teacher, boutique owner, or homemaker, Indiplex simplifies payment gateways for everyone. Start accepting payments today with minimal hassle—sign up now and experience the power of a world-class online payment processor at your fingertips. Sign Up and get started with Indiplex—the easiest, most reliable way to accept payments online.