Terms of Bank Account Verification

  1. Introduction
    By using our Bank Account Verification API (the “Service”), you agree to comply with the terms and conditions outlined in this document. If you do not agree with these terms, do not use the Service.
  2. Consent to Verify
    You authorize us to verify your bank account information through the use of our Bank Account Verification API. This includes verifying account numbers, IFSC codes, and account holder names, as you’ve provided or for you.
  3. Information Provided
    The information required to use the Service includes, but is not limited to, your account number, IFSC code, and consent to share necessary details for verification. You guarantee that all information provided is accurate and complete.
  4. Bank Authentication
    The Service verifies the provided bank account information against available records. By proceeding, you give your explicit consent to allow verification using your provided data.
  5. Security and Data Protection
    We prioritize the security of your data. We use industry-standard security measures to ensure your information is processed securely. However, by using this Service, you acknowledge and accept that no system can guarantee 100% security.
  6. API Usage
    The Service must only be used as intended, and any unauthorized access, manipulation, or interference with the API or its data is prohibited.
  7. Response and Errors
    The API will provide a success or error response based on the data submitted. You agree to be responsible for the actions following these responses. Errors may include invalid data, API key issues, or system failures.
  8. API Key and Access
    You must obtain an API key by registering on the developer portal. Your API key is unique and must be kept confidential. Any unauthorized access due to compromised keys will be your responsibility.
  9. Data Retention
    We retain the necessary data for processing and auditing purposes as required by the law. For more details on data retention, please refer to our Privacy Policy.
  10. Limitation of Liability
    We are not liable for any direct or indirect damages, including but not limited to lost profits, arising from the use of the Service, unless caused by gross negligence or willful misconduct on our part.
  11. Changes to Terms
    We reserve the right to modify these terms at any time. Any changes will be communicated via the developer portal or through other means, and your continued use of the Service constitutes acceptance of the updated terms.
  12. Governing Law
    These terms are governed by the laws of [Insert Country or Jurisdiction]. Any disputes arising under these terms will be resolved in the competent courts of [Insert Jurisdiction].

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