ACCOUNT AGGREGATOR

Securely Share Your Financial Data with Your Consent

An Account Aggregator (AA) is a secure, RBI-regulated platform that enables you to share your financial information with authorised financial institutions only after you provide your explicit consent.

With an Account Aggregator, you no longer need to download and upload multiple bank statements or financial documents manually. Your information is shared digitally, securely, and only for the purpose you approve.

What is an Account Aggregator?

An Account Aggregator is a consent-based financial data-sharing system introduced by the Reserve Bank of India (RBI). It acts as a secure bridge between institutions that hold your financial data and institutions that require it.

It can be used for:

  • Personal Loans
  • Home Loans
  • Business Loans
  • Credit Assessment
  • Wealth Management
  • Financial Planning
  • Investment Services

The Account Aggregator never stores or sells your financial information.

How Does It Work?

Step 1: Give Your Consent

You authorize the sharing of your financial information through an Account Aggregator.

Step 2: Data Collection

The Account Aggregator securely collects your financial information from your linked financial institutions.

Step 3: Secure Transfer

The requested information is encrypted and securely shared with the authorised financial institution.

Step 4: Faster Decision

The lender or service provider reviews your verified financial information and processes your application more efficiently.

Benefits of Using an Account Aggregator

✔Secure & Encrypted Data Sharing
✔100% Consent-Based Access
✔Faster Loan Processing
✔Reduced Paperwork
✔Digital Verification
✔No Need to Upload Bank Statements
✔Safe and RBI-Regulated Ecosystem
✔Better Financial Experience

Why Use an Account Aggregator?

Traditional Process

  • Download bank statements
  • Upload documents
  • Wait for verification
  • Repeat for every lender

With Account Aggregator

  • One-time consent
  • Instant data sharing
  • Faster verification
  • Quicker loan approvals
  • Seamless digital experience

Your Privacy Comes First

Your financial information belongs to you.

  • Your consent is required before any information is shared.
  • Data is shared only with authorised financial institutions.
  • You control what information is shared and for how long.
  • You can withdraw or manage your consent.
  • Your information is protected using industry-standard security measures.

Why Choose Digital Data Sharing?

Traditional document submission often involves downloading statements, uploading files, and waiting for verification.

Account Aggregator Data Sharing offers a faster and more convenient alternative by enabling secure digital verification, helping reduce processing time and improving your overall application experience.

Frequently Asked Questions

Is my financial information secure?

Yes. Your financial information is shared through encrypted, consent-based channels designed to protect your privacy.

Do I need to upload bank statements?

In many cases, no. Account Aggregator Data Sharing can eliminate the need for manual document uploads by securely sharing your financial information digitally.

Can I control what information is shared?

Yes. You decide whether to provide consent, which accounts to share, and which authorised institution can access your information.

Can I cancel my consent?

Yes. You can manage or withdraw your consent in accordance with the Account Aggregator framework.

Experience a Faster and More Secure Way to Share Financial Information

Use Account Aggregator Data Sharing to simplify verification, reduce paperwork, and enjoy a secure, seamless digital experience.