Signzy’s Bank Statement Analysis API

• Signzy’s Bank Statement Analysis API enables seamless, automated parsing of bank statements in various formats PDF, image, or digital. This tool extracts and structures financial data to help lending institutions assess borrower creditworthiness instantly. Designed for scalability and precision, the API uses advanced OCR and AI to ensure accurate transaction classification, cash flow insights, and fraud pattern detection.

Major Customer

• ICICI Bank, SBI Capital, Aditya Birla Capital, PayU, HDFC Credila

• These financial institutions rely on Signzy for efficient onboarding, underwriting automation, and financial analysis at scale.

Fees

• (Signzy) operates on a usage-based pricing model tailored to the specific volume and complexity of your business needs.

• (Contact us) for a personalized pricing quote.

Features & Integrations

• Multi-format Parsing: Accepts PDF, scanned images, and digitally signed statements
• AI-Powered Classification: Automatically categorizes income, expenses, loans, and more
• Cash Flow Analysis: Generates insights such as average monthly balance, EMI patterns, and inflows/outflows
• Custom Tagging: Enables user-defined tags for better data segmentation
• Webhooks and API Integrations: Compatible with major core banking systems, CRMs, and loan origination platforms
• Data Normalization: Extracted data is cleaned and formatted for direct underwriting use

Use Cases of Signzy Bank Statement Analysis API

• Automated Loan Underwriting: Instantly parse and analyze bank statements to assess eligibility and generate loan decisions without manual intervention.
• Credit Risk Assessment: Use extracted financial patterns like low balances, overdrafts, and income volatility to evaluate borrower risk profiles.
• Income Verification: Identify recurring salary credits or business inflows to validate declared income with high accuracy.
• Fraud Detection: Detect anomalies such as tampered PDFs, circular transactions, or duplicate entries that indicate potential fraud.
• Pre-Approved Loan Offers: Analyze historical account performance to create rule-based triggers for pre-approved or top-up loan eligibility.
• SME Lending Analysis: Evaluate business accounts for vendor payments, revenue patterns, and GST-related flows to underwrite MSME loans.
• Alternate Credit Scoring: Generate creditworthiness insights for thin-file customers using cash flow and transaction data instead of bureau scores.
• Real-Time Decisioning: Enable instant credit decisioning during onboarding by integrating real-time bank statement analysis into the loan journey.
• Collections Strategy Optimization: Re-assess borrower account activity to detect early delinquency signs and customize collection workflows.
• Loan Restructuring & Monitoring: Reanalyze financial activity post-disbursal to identify repayment stress and support restructuring assessments.

Advantages of Using Signzy Bank Statement Analysis API

• Accelerates Loan Processing: Automate bank statement reading and cut analysis time from hours to seconds

• Improves Credit Risk Assessment: Data-rich insights support informed lending decisions

• Enhances Fraud Detection: Identifies anomalies, circular transactions, or document tampering

• Seamless Integration: Fits smoothly into existing loan workflows with minimal development effort

• Regulatory Ready: Compliant with Indian regulatory standards like RBI and SEBI mandates

• Robust Ecosystem: If your business requires a robust and reliable solution for digital onboarding, KYC checks, and contract management, Signzy API is an excellent choice.

• If your business needs a fast, accurate, and scalable solution for automated bank statement parsing and financial analysis, the Signzy Bank Statement Analysis API is a trusted choice for lending institutions across India.