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LEDGERS / India / Account Verification

Account Verification

Securely verify bank accounts by depositing ₹1 and validating ownership—automated and accurate.

Fetch Beneficiary Instantly

Instantly retrieve and match the account holder’s name with PAN, GST, or Aadhaar records (where applicable).

Reduce Failed Transactions

Avoid payout rejections and refund delays by validating accounts before large-value transfers. Track every verification attempt in your LEDGERS dashboard.

How Verification Works

  1. Enter Account Details

    User submits account number and IFSC code.

  2. ₹1 Credited Instantly

    A small amount has been deposited to your bank account for verification.

  3. Fetch Name from Bank Response

    LEDGERS returns the bank-verified account holder’s name and status (SUCCESS, INVALID, or MISMATCH).

  4. Proceed Based on Match

    Auto-approve, reject, or flag mismatches as per your KYC/AML workflow.

Bank Account Verification

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