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API Banking

About API Banking

    Our Bank’s API (Application Programming Interface) Banking services offer a secure and robust API integration with the customer’s ERP (Enterprise Resource Software) in which APIs are directly integrated into the ERP platform. With our API, banking services can directly be accessed by customers without toggling to the bank platform.

Features/ Benefits

  • End-to-end automation of the process: Better turn-around time of transactions as initiation & reverse status are now available in the customer’s system in real time.
  • Encryption-based transaction: Highly secured encryption-based data transmission.
  • Better Fund Management: Integration minimises the delay between decision-making and execution.
  • Ease in Reconciliation: Ease in reconciliation of payments and collections in the account.
 

How to apply for API Banking?

Step 1: Interested customers/corporates can connect with our Relationship Managers or branches to avail services and share their requirements.

Step 2: They will need to sign the agreement and application form to avail our API banking services.

Step 3: Once onboarded, a dedicated team will be assigned to you, which will assist you in integration, testing and working through the live environment.

 

List of Available APIs:

Payments API

  • Single and Bulk Payment (NEFT/RTGS/IMPS/Fund Transfer).
  • Payment Enquiry and Callback API for transaction status.

Collection API

  • Virtual Account Collection API
  • Dynamic QR API
  • Bharat Bill Payment System API
  • E-NACH e-Mandate API

Other APIs

  • Statement API
  • Balance Enquiry API
  • Beneficiary Validation API

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