Microfinance APIs for India's MFIs
Digitize field operations — from group loan disbursals to biometric collections — with a single API stack built for India's microfinance sector.
The challenge for Microfinance
India's 10,000+ MFIs serve over 60 million borrowers — yet most still rely on cash collection, paper receipts, and manual reconciliation. The result is high operational costs, fraud risk, and delayed reporting. Eko brings MFI field operations into the digital age with biometric authentication, instant disbursals, and digital collection rails.
Recommended solution packs
Pre-bundled API stacks designed for your industry workflow.
All APIs you'll need
Every Eko API relevant to your industry, with relevance indicators.
Real-world use cases
Digital group loan disbursal
Situation: An MFI disburses group loans to 500 borrowers weekly.
Integration: DMT API sends funds directly to verified bank accounts. AePS enables cash withdrawal at local agents.
Result: Disbursal time cut from 3 days to same-day. 40% reduction in cash handling costs.
Biometric field collection
Situation: Field officers collect EMIs door-to-door with cash.
Integration: AePS-based biometric collection replaces cash. Each repayment is instantly recorded and reconciled.
Result: Zero cash leakage, real-time portfolio reporting, 25% lower operational cost.
Why Eko for Microfinance
Built for rural India
AePS works with just Aadhaar + fingerprint — no smartphone needed.
Real-time reconciliation
Every disbursal and collection is instantly logged — no end-of-day manual reconciliation.
Dual AePS gateway
FingPay + FINO gateways ensure high success rates even in low-connectivity areas.
Field-tested at scale
Powering 200K+ agent touchpoints across Tier 2–5 India.
How to Integrate
Get started in minutes with our simple integration process
Sign Up
Sign up in minutes at ekostore.app/eps with your mobile number (OTP verify).
Verify Identity
Complete your basic KYC with PAN and address details to verify your identity.
Test APIs Live
Load funds into your wallet and test the APIs live before integrating.
Integrate
Send your developers to eps.eko.in/ai for free AI plugins & tools to integrate faster.
Go Live
Get production credentials and start processing real transactions.
Sign Up
Sign up in minutes at ekostore.app/eps with your mobile number (OTP verify).
Verify Identity
Complete your basic KYC with PAN and address details to verify your identity.
Test APIs Live
Load funds into your wallet and test the APIs live before integrating.
Integrate
Send your developers to eps.eko.in/ai for free AI plugins & tools to integrate faster.
Go Live
Get production credentials and start processing real transactions.
Compliance & regulatory
RBI NBFC-MFI Directions
Eko's stack supports group lending workflows with verified borrower accounts.
PMLA/AML compliance
Aadhaar verification and biometric authentication for enhanced due diligence.
Frequently Asked Questions
Does AePS work in areas with poor connectivity?+
Yes. AePS transactions require minimal bandwidth and Eko's dual-gateway ensures fallback routing for maximum success rates.
Can field officers use their own biometric devices?+
Eko supports 5 STQC-certified devices. Field officers can use any supported device with the Eko agent app.
How does bulk disbursal work for group loans?+
Upload a batch of beneficiaries via API. Eko verifies accounts and disburses via DMT/IMPS with webhook status updates.
Get API Access Now
Sign up now and start integrating in minutes. Our team will help you go live quickly.
- Sandbox access in minutes
- Dedicated integration support
- Comprehensive documentation
- Reliable, high-volume workflows
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