Bank account verification
Confirm the account number and IFSC a candidate gives you actually belong to them, before the first salary goes anywhere.
What a bank account check confirms
A bank account check answers one question: does this account belong to this candidate. It matters more than it sounds, because a payroll run against the wrong account, or an account that belongs to someone else, is a payment you have to chase back rather than a line in a report.
The number as declared, confirmed active and open at the bank.
Validated against the Reserve Bank of India's IFSC directory and resolved to the correct bank and branch.
The name the bank holds against the account, as distinct from the name typed into a form.
The declared name checked against the registered name, with minor spelling variations noted rather than silently passed or failed.
Active, inactive, dormant or closed, as the bank reports it at the time of the check.
Penny-drop or a direct bank record match, recorded on the report so you know how the finding was reached.
Sources. The bank that holds the account, through a penny-drop credit or a direct record match, and the Reserve Bank of India's IFSC directory. The bank's own response is annexed to the finding.
How it works
Three steps. There is no field visit: the check runs entirely against records the bank already holds.
The candidate gives the account number, IFSC and the name it should be registered under.
Either a penny-drop, a small amount credited and reversed to confirm the account is live and return the registered name, or a direct match against the bank's own record.
The match result and account status land in your dashboard, with the bank's response annexed.
Checks that run alongside it
Name, date of birth and photograph matched against Aadhaar, PAN, Voter ID and Driving Licence records.
Identity check Previous employmentDates, designation and exit status confirmed with the former employer and against the statutory record.
Employment check UAN verificationEPFO contribution history, which corroborates employment dates and can surface a second employer in the same period.
UAN check