Account Aggregator API

Get a 360-degree financial view of your customer in minutes.

Easy, Detailed and Secure!

Signzy’s Account Aggregator API securely retrieves financial data from banks, lenders, and investment accounts, providing a 360-degree view of your customers’ financial profiles and accelerating your lending decisions.

Trusted by industry leaders

Why Choose Signzy's Account Aggregator API?

Comprehensive Data Coverage

Calculate total income, analyze stability, categorize sources, and assess debt-to-income ratio to understand financial health and predictability.

Personal Details

Includes essential personal details such as mobile number, date of birth, and PAN.

Financial Overview

This provides a quick snapshot of the customer’s financial standing, such as account balances, savings and investment details such as monthly savings, SIPs, insurance premiums etc.

Transaction Insights

This offers a detailed record of the customer’s financial activity, like bank statements, GSTR 1, 3B filing data and purchase history.

Unlock Valuable Insights

Harness the power of Signzy’s analytical tools to gain valuable business intelligence. Leverage features such as GST Analytics, Bank Statement Analytics, and customizable rule sets to extract meaningful data and drive informed decisions.

Authenticated and Reliable

Data is verified and retrieved directly from your customers banking, investment and insurance partners.

Approved by the RBI

The Account Aggregator API is recommended by the RBI to enable smooth and secure sharing of information between parties.

You can read more about RBIs Account Aggregator Initiative here

System ready data

Data received is already converted into a system readable format to enable a streamlined process. Streamline Onboarding and Verification Streamline Onboarding and Verification No need for manual document collection and verification, Signzy AA API streamlines onboarding procedures, reducing turnaround times and enhancing the overall customer experience. Secure and Compliant Secure and Compliant Our AA API strictly adheres to regulatory mandates and stringent data security standards. With certifications from the Reserve Bank of India and adherence to industry best practices, we prioritize the protection of your sensitive information, fostering trust and legitimacy in every transaction.

Streamline Onboarding and Verification

No need for manual document collection and verification, Signzy AA API streamlines onboarding procedures, reducing turnaround times and enhancing the overall customer experience.

Secure and Compliant

Our AA API strictly adheres to regulatory mandates and stringent data security standards. With certifications from the Reserve Bank of India and adherence to industry best practices, we prioritize the protection of your sensitive information, fostering trust and legitimacy in every transaction.

How does it work

User Consent

In the context of the Account Aggregator (AA) API, user consent plays a pivotal role in the secure sharing of financial data within the AA ecosystem. This consent empowers users with control over the sharing of their financial data from one entity in the network to another, ensuring that the privacy and security of the account information are maintained.

Data Request

The financial information user will be asked to initiate a data request through the API, specifying the type of financial data required and the purpose of the request.

Data Retrieval

The AA API will be required to communicate with the user’s financial data sources, such as banks or insurance companies, to retrieve the requested data in a secure and standardized format.

Data Encryption and Transmission

Once retrieved, the financial data will be encrypted to ensure security and privacy during transmission. It will then be securely transmitted to the requesting third-party entity via the AA API.

Data Utilization

The third-party entity will be able to receive the encrypted financial data through the AA API and utilize it for the specified purpose, such as credit assessment, risk analysis, or personalized financial services, while adhering to regulatory guidelines and user consent preferences.

Just as your mobile payment service like PhonePe, GooglePay, Paytm require a PIN to make payments from your bank account like HDFC, ICICI, Axis directly to your cab driver or restaurant’s bank account, Account Aggregator API fetches data directly from your customer’s bank/ insurance company.

Multiple Use Cases

Signzy’s Account Aggregator API is helping organisations from domains like personal loans, corporate lending, insurance etc to cross the bridge the gap from pen and paper systems to machine enabled processes for a quicker TAT, comprehensive decision making and increased security from application stage fraud.You can read more about RBIs Account Aggregator Initiative here

Loan Sanctioning

Assess creditworthiness and risk profile of loan applicants.
Evaluate income stability, debt levels, and spending behavior to determine loan eligibility.
Automate loan underwriting processes and reduce manual intervention through API integration.

Experience rapid deployment and full functionality integration within just 1 week!

Receive comprehensive support for seamless onboarding ensuring smooth integration with your existing systems without disruption

FAQ