---
type: "industry"
title: "Microfinance APIs | Eko Platform Services"
description: "Digitize MFI field operations — AePS biometric collection, instant disbursal, group loan management. NPCI compliant. Trusted by 50+ MFIs."
keywords: "mfi api india, microfinance digital collection api, aeps for mfi, field collection api india"
slug: "microfinance"
category: "financial-services"
canonical: "https://eps.eko.in/industries/microfinance"
---


> **Canonical URL:** https://eps.eko.in/industries/microfinance
> _This is a machine-readable Markdown version of the page for AI agents and LLMs. The primary (HTML) version lives at the canonical URL above._

# 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.

To get started, fill the form at https://eps.eko.in/signup (with your name and mobile number) or call us at +919513181707

## Trust Signals

- NPCI compliant
- 99.9% uptime

## The Challenge

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

### MFI Field Operations Pack _(featured)_
Digitize field collection and disbursal with AePS + DMT.

**Includes:** AePS, DMT, Bank Verification, Mobile OTP

[View solution pack](https://eps.eko.in/solutions/mfi-field-operations-pack)

### Lending KYC Pack
Full borrower KYC for group and individual loans.

**Includes:** PAN Advanced, Bank Verification, DigiLocker, Aadhaar

[View solution pack](https://eps.eko.in/solutions/lending-kyc-pack)

### Rural Financial Services Pack
Bring banking to underserved areas.

**Includes:** AePS, DMT, BBPS, PAN

[View solution pack](https://eps.eko.in/solutions/rural-financial-services-pack)

## Recommended APIs

| API | Description | Relevance | Link | Markdown Link |
| --- | --- | --- | --- | --- |
| AePS Cashout | Biometric cash withdrawal for borrowers and field agents | High | [Details](https://eps.eko.in/products/aeps-api) | [Markdown](https://eps.eko.in/products/aeps-api.md) |
| DMT | Instant loan disbursals to borrower bank accounts | High | [Details](https://eps.eko.in/products/dmt-api) | [Markdown](https://eps.eko.in/products/dmt-api.md) |
| Bank Verification | Verify borrower accounts before disbursal | High | [Details](https://eps.eko.in/products/bank-verification-api) | [Markdown](https://eps.eko.in/products/bank-verification-api.md) |
| PAN Verification | KYC identity check for borrowers | High | [Details](https://eps.eko.in/products/pan-verification-api) | [Markdown](https://eps.eko.in/products/pan-verification-api.md) |
| Aadhaar Verification | Biometric-linked identity for rural borrowers | High | [Details](https://eps.eko.in/products/aadhaar-verification-api) | [Markdown](https://eps.eko.in/products/aadhaar-verification-api.md) |
| BBPS | Digital EMI collection via Bharat Connect | Medium | [Details](https://eps.eko.in/products/bbps-api) | [Markdown](https://eps.eko.in/products/bbps-api.md) |

## Use Case Scenarios

### 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.

**Outcome:** 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.

**Outcome:** Zero cash leakage, real-time portfolio reporting, 25% lower operational cost.

## Why Eko

### 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.

## Integration Steps

1. **Sign Up** — Create an account on Connect App and get your sandbox credentials.
2. **Submit KYC** — Complete your business KYC verification process.
3. **Integrate APIs** — Use our comprehensive documentation to integrate the APIs.
4. **Test in Sandbox** — Test your integration thoroughly in our sandbox environment.
5. **Go Live** — Get production credentials and start processing real transactions.

## Compliance

### 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.

## FAQs

### 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.

## Related Industries

- [Lending & NBFC](https://eps.eko.in/industries/lending-nbfc) ([markdown](https://eps.eko.in/industries/lending-nbfc.md))
- [Agent Networks (CSP/BC)](https://eps.eko.in/industries/agent-networks-csp) ([markdown](https://eps.eko.in/industries/agent-networks-csp.md))
- [Agriculture](https://eps.eko.in/industries/agriculture) ([markdown](https://eps.eko.in/industries/agriculture.md))