Connected Banking

Banking API
Ecosystem

Build sophisticated financial workflows on a unified banking layer — Virtual Accounts, multi-channel Collections, automated Settlement, and regulatory-compliant Escrow, all through one powerful API.

₹0Cr+ Monthly Flow
0K+ Virtual Accounts
0% Uptime SLA
0+ Bank Partners
RBI Compliant
256-bit SSL
Banking Core
Live
Paylogic
Collections
Settlement
Virtual A/C
Escrow
API Gateway
Analytics

Everything Banking, One Platform

Six integrated banking services — each powerful standalone, transformative when combined through a single API layer.

Virtual Accounts
Assign a unique virtual account number to every customer, order, or merchant. Auto-reconcile inbound payments with zero manual effort.
Auto-recon Unlimited VAs IMPS/NEFT/RTGS
Collections Engine
Accept payments via UPI, NACH mandates, payment links, QR codes, and direct IMPS/NEFT — all flowing into a single reconciled ledger.
UPI NACH Pay Links e-NACH
Settlement Engine
Automated T+0 to T+2 settlement cycles with configurable split payments, commission deduction, and multi-party marketplace support.
T+0 Split Pay Marketplace
Escrow Accounts
Regulatory-compliant escrow for real estate, P2P lending, marketplaces, and any use case requiring secure fund holding before release.
RBI Compliant Conditional Release
API Gateway
Single RESTful API with OAuth 2.0, HMAC-signed webhooks, sandbox environment, and versioned endpoints — built for developers.
REST API Webhooks Sandbox
Banking Analytics
Real-time ledger visibility across all accounts, automated daily statements, cash-flow projections, and export-ready GST reports.
Real-time GST Reports Cash Flow

One Account Per Customer, Order & Entity

Eliminate manual reconciliation — every inbound payment is automatically matched to its source using unique virtual account numbers.

Virtual Account — Live View
Recent Inflows
NEFT from HDFC Bank ₹2,48,000 ✓ Matched
IMPS · Ref: 409823001 ₹84,500 ✓ Matched
RTGS from Axis Bank ₹18,00,000 ✓ Matched
UPI · 9876543210@okaxis ₹12,400 ✓ Matched
50K+ Active VAs
100% Auto-recon
<2s Match Speed

Zero-Touch Reconciliation

Assign unique virtual accounts at customer, order, or invoice level — every payment auto-routes and auto-reconciles without human intervention.

Unlimited Virtual Accounts Create VAs for every customer, merchant, invoice, or project — no caps, instant provisioning.
Instant Payment Matching Inbound IMPS, NEFT, RTGS, and UPI payments matched to their VA within 2 seconds of receipt.
Webhook on Every Credit Instant webhook notification with full transaction details — amount, UTR, payer bank, timestamp.
Expiry & Amount Locking Set expiry dates and expected-amount locks on VAs — reject incorrect or late payments automatically.
Create Virtual Accounts

Collect via Every Channel

One unified collections engine accepting money across UPI, NACH, payment links, QR, and direct bank transfers — all reconciled in real time.

UPI Collect Requests Send UPI collect requests directly to customers — auto-expire after configurable timeout.
NACH & e-NACH Mandates Paperless recurring debit mandates — SIP, EMIs, subscriptions with auto-debit on schedule.
Smart Payment Links Generate shareable payment links via SMS/WhatsApp/email — partial payment and expiry support.
Dynamic QR Codes Amount-locked per-transaction QR with expiry timer — ideal for billing counters and invoices.
Auto Reconciliation Every inbound collection auto-matched to invoice or customer record — real-time ledger update.
Start Collecting
Collection Channels — Today
UPI
4,820 collections
NACH
1,240 mandates
Dynamic QR
2,104 scans
IMPS/NEFT
382 transfers
e-NACH
618 debits
10,056 Total Collections
₹6.4Cr Amount Collected
99.2% Success Rate

Automated Settlements, Secure Escrow

From T+0 instant settlements to fully compliant escrow for regulated industries — one platform handles every money movement scenario.

Settlement Engine
Automated settlement cycles with configurable timing — from real-time T+0 to standard T+2. Full split-payment and multi-party support for marketplaces.
  • T+0, T+1, T+2 configurable cycles
  • Multi-party split settlements
  • Commission auto-deduction before credit
  • Refund reserve holdback management
  • Automated GST TCS deduction
  • Settlement reports to 120+ partner banks
T+1 Settlement Timeline
Payment received Day 0, 2:30 PM Done
Commission deducted Day 0, 2:31 PM Done
Settlement batch queued Day 1, 10:00 AM Active
Bank credit confirmed Day 1, 10:30 AM Pending
Escrow Accounts
Regulatory-compliant escrow accounts for platforms where funds must be securely held and conditionally released — real estate, P2P, NBFC, and marketplace use cases.
  • RBI-compliant escrow framework
  • Conditional release rules via API
  • Multi-party beneficiary support
  • Dispute-triggered hold extensions
  • Real estate RERA compliance
  • P2P lending platform support
Escrow Use Cases
🏠 Real Estate
🤝 P2P Lending
🛒 Marketplace
🏦 NBFC
🎓 EdTech

Banking APIs That Just Work

Clean, well-documented RESTful APIs with SDKs, sandbox, and signed webhooks — integrate banking into your product in hours, not weeks.

Virtual A/C
Collect
Escrow
Settle
# Create Virtual Account curl -X POST \ https://api.paylogic.in/v1/virtual-accounts \ -H 'Authorization: Bearer YOUR_KEY' \ -d '{ "name": "TechCorp Order #8821", "description": "Invoice payment", "amount": 248000, "currency": "INR", "close_by": 1716998400, "receivers": ["bank_account", "upi"], "customer_id": "cust_ABCD1234" }'
# Create UPI Collect Request curl -X POST \ https://api.paylogic.in/v1/collections \ -H 'Authorization: Bearer YOUR_KEY' \ -d '{ "type": "upi_collect", "amount": 84500, "currency": "INR", "vpa": "customer@okaxis", "description": "Invoice #INV-2025-0042", "expire_after": 900, "callback_url": "https://your.app/webhook" }'
# Create Escrow Account curl -X POST \ https://api.paylogic.in/v1/escrow \ -H 'Authorization: Bearer YOUR_KEY' \ -d '{ "name": "PropDeal Escrow #4421", "amount": 5000000, "currency": "INR", "beneficiary_id": "ben_XYZ789", "release_conditions": { "type": "api_trigger", "hold_until": 1719590400 } }'
# Trigger Settlement curl -X POST \ https://api.paylogic.in/v1/settlements \ -H 'Authorization: Bearer YOUR_KEY' \ -d '{ "payment_ids": ["pay_A1", "pay_A2"], "cycle": "T+1", "splits": [ { "merchant_id": "m_001", "amount": 80000 }, { "merchant_id": "m_002", "amount": 18000 }, { "platform_fee": 2000 } ] }'
Node.js
Python
PHP
Java
REST API

Banking Live in 4 Steps

From API keys to first virtual account in under 4 hours. Our banking team supports every step of the integration.

1
Business Onboarding
Submit KYC documents and use-case details. Banking account approved within 2 business days by our compliance team.
2
Sandbox Access
Instant sandbox environment — create virtual accounts, simulate collections, test escrow flows, and webhook delivery.
3
Integrate & Test
Use REST API or any SDK. Test all flows — VA creation, NACH mandates, settlement splits, escrow triggers.
4
Go Live
Flip to production keys. Your dedicated banking KAM monitors the first live transactions and handles any edge cases.

Complete Ledger Visibility

Real-time view across every virtual account, collection, settlement, and escrow — with automated statements and GST-ready reports.

Banking Dashboard
Today · Live
₹42Cr Total Flow
12,840 Transactions
99.9% Match Rate
Hourly Transaction Volume
8am
10am
12pm
2pm
4pm
6pm
8pm
TechCorp · VA Credit Virtual A/C ₹2.48L Matched
SwiftMart · Settlement Settlement ₹84,500 Settled
PropDeal · Escrow Hold Escrow ₹50L Held
EduPay · NACH Debit Collections ₹9,800 Collected

Every Rupee, Tracked

From single-transaction UTR tracking to multi-account consolidated statements — complete financial visibility.

🏦
Multi-Account Ledger
Consolidated view across all VAs, escrow, and settlement accounts in real time.
📊
Cash Flow Forecasting
Predictive cash flow based on scheduled settlements and pending collections.
📤
Auto Statements
Daily/weekly/monthly statements auto-emailed — PDF, CSV, and Tally-compatible formats.
🧾
GST-ready Reports
GSTR-compliant transaction exports with HSN codes, TDS breakdowns, and input credit data.
View Dashboard

Bank-grade Security, End to End

Every banking operation protected by multi-layer encryption, RBI-mandated controls, and real-time fraud prevention.

RBI Licensed
Operating under RBI Payment Aggregator framework with full regulatory adherence for banking operations.
PCI DSS L1
Highest card data security compliance — annual third-party audit with zero findings.
AES-256 Encryption
All account data, mandates, and beneficiary details encrypted at rest with AES-256.
AML Monitoring
Real-time Anti-Money Laundering monitoring on all inflows and outflows against FATF watchlists.
Data Localisation
100% India-based data storage — full RBI data residency compliance for all banking records.
HMAC Signatures
Every API call and webhook cryptographically signed — zero spoofing risk for your integrations.
Multi-factor authentication on all accounts
IP whitelisting for all API calls
TLS 1.3 in transit — no plaintext ever
Immutable audit logs — 10-year retention
Real-time velocity fraud detection
FEMA compliance for cross-border flows
Escrow fund segregation — fully ring-fenced
24/7 security operations centre (SOC)

Transparent, Usage-Based Pricing

No monthly platform fees. Pay only for what you use — pricing scales down as your transaction volume grows.

Starter
Connect
For startups, fintechs, and platforms needing core banking APIs up to ₹10Cr monthly flow.
₹5 per VA credit
Collections from ₹2
  • Virtual Accounts — up to 5,000
  • UPI & NACH collections
  • T+1 / T+2 settlement
  • Real-time webhooks
  • Basic banking dashboard
  • Email + chat support
  • Escrow accounts
  • T+0 settlement
Get Started
Enterprise
Core Banking
For large enterprises, NBFCs, and regulated entities moving ₹200Cr+ per month.
Custom negotiated rates
volume-based
  • All Platform features
  • Dedicated bank partner line
  • Custom SLAs & uptime guarantees
  • White-label banking APIs
  • On-premise deployment option
  • FEMA & RERA compliance support
  • 24/7 dedicated banking KAM
  • Custom reporting & integrations
Talk to Sales

Build Financial Workflows
On Banking Infrastructure

Join India's leading platforms using Paylogic Connected Banking to power virtual accounts, automated settlements, NACH collections, and escrow — all through one clean API.

RBI compliant
Live in 48 hours
99.99% uptime SLA
Dedicated banking KAM