Bank Account Verification (Penny Drop) API

Verify bank account ownership instantly with our Penny Drop API. A small test transfer (₹1) is sent to the provided account to confirm its validity and securely fetch the account holder’s name—making it ideal for KYC checks and payout verification.

  • Instant bank account verification in real time
  • Reliable account holder name matching
  • ₹1 secure test transaction for validation
  • Developer-friendly REST API for quick and seamless integration
Penny Drop Card Verification API

Use Cases

Payout Platforms

Verify beneficiary bank accounts before sending payouts.

Fintech KYC

Validate bank accounts during customer onboarding.

Vendor Payments

Ensure correct bank account details before vendor payments.

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Why Use Finoscript Penny Drop Verification API?

Account Verification

Confirm bank account ownership using penny drop validation.

Popular

Real-Time Verification

Verify bank accounts instantly before processing payouts.

Secure Infrastructure

Secure API infrastructure ensures safe banking verification.

Developer Friendly

Easy REST APIs with quick integration for fintech developers.