Gateway to Digital Life. Download AU 0101.

Nodal Account

For online marketplaces and aggregators

Apply For Nodal Account

First & Last Name
Mobile Number
Email ID
12 + 15

About Nodal Account

    RBI has made it compulsory for online marketplaces and aggregators to open Nodal Accounts with banks to protect the interests of merchants and buyers. This account collects the funds of sales that are done online through marketplaces or intermediaries. Funds are collected in this account for payments to sellers.

Apply Now


  • Collection: Nodal Account is used to collect funds from online sales of products
  • Monitoring: This account helps in keeping the flow of proceeds to merchants in check


  • Service: Dedicated team to facilitate smooth operations
  • Transparency: With Nodal Account, the customers, as well as the merchants, have more transparency of all the transactions
  • Security: Both the vendors and the customers are completely secured as intermediaries cannot control the flow of funds unless complying with all the legal regulations
  • Regulatory Control: Accounts are subject to regular auditing and RBI reporting
  • Payments: Quick TAT for payments to registered beneficiaries

List of Documents

  • Know Your Customer (KYC) documents

Blogs & Articles

Empowering Customers