Financial · Sandbox

Bank Account Verification API

Confirm a bank account and its holder’s name before you pay out.

From ₹4.00/callPrepaid · billed per successful callSandbox now · live on request

What the Bank Account Verification (Penny Drop) API does

Our penny-drop Bank Account Verification API deposits a tiny amount into the account and returns the registered account-holder name from the bank — so you never send money to the wrong account.

Popular use cases

  • Vendor / merchant payout verification
  • Loan disbursement account checks
  • Salary / gig-worker payout onboarding
Request
curl -X POST https://apisathi.in/gw/v1/bank-account-v1/ \
  -H "X-API-Key: live_xxx" \
  -H "Content-Type: application/json" \
  -d '{ "account_number": "…", "ifsc": "…", "name": "…" }'
Response
{
  "verified": true,
  "account_holder_name": "…",
  "name_match": true
}

Frequently asked questions

Penny drop vs penniless?

We support both — penny drop (₹1 verification transfer) and penniless (IMPS/UPI lookup) — depending on your account.

Start using the Bank Account Verification (Penny Drop) API today

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