Bank Cheque OCR API

Boost Efficiency and Accuracy in Cheque Processing with Bank Cheque OCR API

Bank Cheque OCR API can quickly and accurately extract details such as the account holder’s name, account number, bank name, IFSC code, MICR code, and date of issue from a scanned or uploaded image of a bank cheque.

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What is the Bank Cheque OCR API?

The Bank Cheque OCR API by Deepvue is a powerful tool that utilises deep learning-based optical character recognition (OCR) engine to extract important information from banking cheques. This API can quickly and accurately read details such as the account holder’s name, account number, bank name, IFSC code, bank branch, MICR code, date of issue, and more. By automating this data extraction process, businesses can process large volumes of cheques efficiently and accurately without the need for manual intervention. This not only saves time and reduces errors but also streamlines the onboarding process for customers by enabling them to upload or scan a cheque for quick digitization.

An Indian cheque from Union Bank being scanned with text recognition, showing scan results with checkmarks indicating successful extraction.

Key Benefits of Bank Cheque OCR API

Instant Data Extraction

Extract information from bank cheques quickly and accurately, eliminating the need for manual data entry.

Seamless Onboarding

Make customer onboarding quick and seamless by using cancelled cheques for account verification.

Automated Verification

Verify data points like account number and IFSC code with the Bank Account Verification API for added security and customer service.

Zero Set-Up Fee

Enjoy fast account access with no set-up fees, making it a cost-effective solution for businesses of all sizes.

Comprehensive OCR Solution Suite

Activate PAN OCR along with other OCR solutions for a complete data extraction package.

Minimal Friction

Make the onboarding process smoother for customers with autofill bank details quickly in forms using extracted cheque data.

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How does the Bank Cheque OCR API work?

1

Sign Up and Login

Sign up for an account and obtain the necessary credentials. Log in to your dashboard using signup credentials.

2

Get API Key

Once logged in, navigate to the find API authentication secrets key and find the documentation for the Bank Cheque OCR API.

3

Authentication

Once authenticated, businesses can integrate the API into their systems by sending the necessary parameters such as bank cheque image, etc.

4

Make API Request

Use any programming language of your choice (e.g., Python, Java) to send a POST request to the Bank Cheque OCR API.

5

Receive and Process Response

Upon successful API request, you will receive a response containing the extracted details from the bank cheque. Process this response in your application as needed.

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Key Features of Bank Cheque OCR API

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Seamless Integration

Businesses can easily integrate with the API to automate the verification process, saving time and resources while enhancing security measures

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Scalability

Our API offers scalability, allowing for the verification of a large volume of bank accounts quickly and efficiently.

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Efficient Extraction

Allows extraction from raw bank or cancelled checks. The Document Artificial Intelligence corrects document imperfections using a strong Deep Learning OCR engine.

Use Cases of Bank Cheque OCR API Across Industries

1

Banking and Financial Services

Banks can use the Cheque OCR API for quick and accurate processing of cheques, extracting information such as account number, IFSC code, and account holder's name.

2

Fintech Companies

Fintech companies can leverage the Cheque OCR API for seamless onboarding of customers by digitising their bank account details from cancelled cheques.

3

Accounting and Bookkeeping

Accounting firms can automate their accounting processes by using the Cheque OCR API to extract data from cheques and streamline their workflows.

4

E-commerce

E-commerce platforms can integrate the Cheque OCR API to allow customers to upload scanned cheques for verification of payment details, enhancing security and reducing fraud.

5

Insurance Companies

Insurance companies can use the Cheque OCR API for quick verification of policyholders' bank account details for premium payments and claims processing.

6

Government Agencies

Government agencies can utilise the Cheque OCR API for efficient handling of cheques for tax payments, subsidies, and other financial transactions.

Some Exciting stats from our customers

REDUCE DROP-OFF RATE

0 %

INCREASE IN FRAUD CAUGHT

0 X

AUTHENTICATION SPEED

< 0 Sec

COVERAGE

0 %
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Seamless Integration, Quick Results

Elevate your development experience with our well-thought-out API documentation.

Seamlessly integrate with Deepvue API in minutes, not months. 

Click here to access the documentation now! 👇

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Access a complete API Infrastructure Platform with simple, pay-as-you-go pricing. No setup fees, monthly fees, or hidden fees.

Enterprise

Design a custom package – available for businesses with large volume or unique business models.

Build digital customer journeys and launch your financial products 10X faster

Industries that rely on our Unified Insights Infrastructure.

Explore the wide variety of industries where you can use our Bank Cheque OCR API

Financial Services
& FinTech

eCommerce &
Gaming Startups

NBFCs & Lending
Businesses

Neo Banks &
Insurance

Payment
Solutions

Trading &
WealthTech

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Got Questions ?

FAQs On Cheque OCR API

Bank Cheque OCR, or Optical Character Recognition, is a technology that allows for the automated extraction of key information from bank cheques, such as account details, payee information, and amounts. This technology simplifies the processing of bank cheques, reduces manual data entry errors, and enhances efficiency in financial transactions.

Bank Cheque OCR API works by scanning or uploading a cheque image, which is then processed through Deepvue OCR engine to extract relevant information as key-value pairs in near real-time.

Bank Cheque OCR API is important because it streamlines the process of processing large volumes of cheques quickly and accurately without the need for manual intervention, making it efficient and reliable for businesses.

Bank Cheque OCR API is a technology that utilises optical character recognition (OCR) to extract key information from Indian bank check, such as account holder’s name, account number, bank name, IFSC code, MICR code, date of issue, etc.

Yes, Bank Cheque OCR API is secure as it utilises advanced technologies like Document AI, deep learning OCR engine, and encryption methods to ensure the confidentiality and integrity of extracted data.

Yes, Bank Cheque OCR API can detect and handle errors such as skewness, rotations, and background noise in cheques, ensuring accurate extraction of information.

Businesses can integrate Bank Cheque OCR API quickly and easily with Deepvue simple API integrations, allowing businesses to go live in just one hour.

Yes, Bank Cheque OCR API can be used for KYC compliance by verifying the authenticity of bank account details through cancelled cheques, as required by regulatory guidelines.

Deepvue offers 24×7 engineering support for Bank Cheque OCR API, ensuring that businesses have access to assistance and troubleshooting whenever needed.

Yes, Bank Cheque OCR API can be customised to meet specific business requirements, allowing for tailored solutions and seamless integration into existing workflows.

Got More Questions?

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