Bank Account Verification
Verify bank account details before payouts to prevent failed transactions and reduce operational costs. Instant verification with penny drop and account holder name matching.
Key Features
Everything you need to integrate and scale
Penny Drop Verification
Send ₹1 to verify account exists and is active before large payouts.
Account Status Check
Verify if the account is active, dormant, or closed.
Name Matching
Get account holder name for verification against provided details.
IFSC Validation
Validate IFSC codes and get bank branch details.
Real-time Results
Get verification results within seconds for seamless workflows.
Bulk Verification
Verify multiple accounts in a single API call for batch processing.
Why Choose Eko?
Reduce Failed Payouts
Verify accounts before disbursement to minimize transaction failures and reversals.
Prevent Fraud
Match account holder names to prevent payouts to wrong accounts.
Lower Operational Costs
Reduce cost of failed transactions, reversals, and manual reconciliation.
Instant Verification
Real-time results for seamless customer and vendor onboarding.
All Banks Supported
Verify accounts across all major banks in India through a single API.
24/7 Availability
Round-the-clock verification service with 99.9% uptime.
Primary Use Cases
One App for All Your Verification Needs
KYC, KYB, compliance & workflows — already built, ready to use.
How to Integrate
Get started in minutes with our simple integration process
Sign Up
Create an account on Connect App and get your sandbox credentials.
Submit KYC
Complete your KYC verification process by submitting the required documents.
Integrate API
Use our comprehensive documentation to integrate the APIs.
Test in Sandbox
Test your integration thoroughly in our sandbox environment.
Go Live
Start verifying real bank accounts before payouts.
Sign Up
Create an account on Connect App and get your sandbox credentials.
Takes less than a minute
Submit KYC
Complete your KYC verification process by submitting the required documents.
Integrate API
Use our comprehensive documentation to integrate the APIs.
Test in Sandbox
Test your integration thoroughly in our sandbox environment.
Go Live
Start verifying real bank accounts before payouts.
Frequently Asked Questions
What is penny drop verification?+
Penny drop is a method where a small amount (₹1) is transferred to verify the account is active and details are correct. The account holder name is returned for matching.
Do customers receive the ₹1?+
Yes, the ₹1 is credited to the verified account. This is a real transaction that confirms the account is active and can receive funds.
How accurate is name matching?+
Our intelligent name matching algorithm handles variations, abbreviations, and common spelling differences with 99%+ accuracy.
Which banks are supported?+
We support all major banks in India including SBI, HDFC, ICICI, Axis, Kotak, Yes Bank, and 100+ other banks.
What if verification fails?+
Failed verifications return specific error codes indicating the reason - invalid account, closed account, incorrect IFSC, etc. - helping you take appropriate action.
Get API Access
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
- 99.9% uptime guarantee
Get API Access
Get started in 10 minutes