Top 10 PAN Card Verification API Providers in India [2024]

Verifying Permanent Account Numbers (PANs) has become essential for businesses, financial institutions, and regulatory bodies in the current financial landscape. As the demand for seamless digital experiences grows, choosing a reliable PAN card verification API provider becomes crucial. This blog explores the top 10 PAN card verification API providers in India for 2024, helping you make an informed decision for your business needs.

What is the PAN Verification API?

A PAN Verification API is a tool that allows businesses to verify PAN details seamlessly and quickly. It acts as a bridge between different software applications, facilitating the sharing of data and ensuring that the information provided by users is accurate and authentic. This is particularly useful for banks, non-banking financial companies (NBFCs), and digital lending platforms that need to verify customer identities efficiently.

Why is PAN Verification Important?

PAN verification is vital for:

1. Preventing Fraud: Ensures that the PAN details provided by a user are genuine, reducing the risk of identity theft.
2. Regulatory Compliance: Helps businesses comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.
3. Streamlined Onboarding: Speeds up the customer onboarding process, enhancing the user experience.

Now, let’s delve into the top 10 PAN card verification API providers in India for 2024.

1. Deepvue.tech

Deepvue.tech offers a robust PAN verification API that accesses government databases to validate PAN details like Name, DOB, and PAN Number. Their service meets all regulatory requirements, such as NSDL, AML, and KYC, ensuring secure and fraud-proof verification processes. Deepvue.tech’s API stands out for its reliability and efficiency, making it an essential tool for businesses aiming to streamline their verification processes while maintaining high security standards.

2. Perfios

Perfios offers a real-time PAN verification API that connects directly to government databases, ensuring swift and accurate validation of PAN details. Its AI-based OCR technology extracts and verifies PAN information from various documents, making the onboarding and verification process seamless. Perfios also integrates GST verification, aiding compliance with GST regulations.

3. Setu

Setu’s PAN verification API allows businesses to verify the authenticity of a PAN card holder with their consent. It connects directly with NSDL to ensure high uptime and quick responses. This API simplifies identity checks during customer onboarding, making it a reliable choice for various financial products.

4. IDfy

IDfy’s PAN Card OCR API retrieves data from PAN card images, auto-filling the information accurately in the required fields. This technology is beneficial for companies to ensure data compliance and expedite customer onboarding, while also making administrative processes more efficient.

5. Signzy

Signzy’s PAN Verification API provides swift and accurate PAN card authentication, preventing fraudulent activities. This API solution is designed to ensure the authenticity of PAN cards, helping businesses build trust with their customers and combat fraud effectively.

6. Surepass

Surepass’s PAN Verification API sets a high standard for reliability and speed, enabling businesses to verify customer identities and prevent fraud. This solution  ensures credibility and regulatory compliance.

7. SignDesk

SignDesk’s PAN Verification API retrieves and verifies PAN information using AI-powered OCR and intelligent verification methods. This API ensures instant KYC verification, streamlining the digital onboarding process for businesses and enhancing operational efficiency.

8. Attestr

Attestr’s PAN Verification API provides real-time data from the NSDL database, ensuring up-to-date details for newly registered PAN numbers. This service integrates seamlessly with existing mobile sites, apps, and web portals, making user onboarding smooth and efficient.

9. Decentro

Decentro’s PAN Verification API offers quick and reliable identity verification for individuals and businesses in real time. This API supports efficient and secure customer verification, enhancing the onboarding process and minimizing the risk of identity fraud.

10. Eko

Eko’s PAN verification API simplifies customer onboarding by authenticating PAN details with ease. This user-friendly API provides clear documentation and a “Type and Click” method for verification, ensuring a smooth and efficient process.

Conclusion

Choosing the right PAN card verification API provider is crucial for businesses aiming to enhance their customer onboarding process while ensuring regulatory compliance and preventing fraud. The top 10 providers listed above offer reliable and efficient solutions tailored to meet the unique needs of the Indian market. By integrating these APIs, businesses can streamline their operations, build trust with customers, and stay ahead in the competitive financial landscape.

Explore these providers to find the best fit for your business and take the first step towards a secure and efficient PAN verification process.

To learn more about how Deepvue’s Verification Suite can enhance your PAN verification process, visit Deepvue.tech and explore their range of APIs designed to ensure accuracy and efficiency.

FAQs

1. What is a PAN verification API?

A PAN verification API is a tool that allows businesses to verify the authenticity of a PAN (Permanent Account Number) card. It connects different software applications, enabling them to share and authenticate PAN data quickly and accurately.

2. Why is PAN verification important for businesses?

PAN verification is crucial for preventing fraud, ensuring regulatory compliance, and streamlining the customer onboarding process. It helps businesses verify the identity of their customers, reducing the risk of identity theft and adhering to KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations.

3. How does the Deepvue.tech PAN verification API work?

Deepvue.tech PAN verification API accesses government databases to validate PAN details such as Name, DOB, and PAN Number. It ensures compliance with regulatory requirements like NSDL, AML, and KYC, providing a secure and efficient verification process.

4. Can PAN verification APIs be integrated with existing systems?

Yes, most PAN verification APIs, including those from the providers listed in this blog, can be easily integrated with existing mobile sites, apps, and web portals. This seamless integration ensures a smooth and efficient user onboarding experience.

5. What are the key features to look for in a PAN verification API provider?

When choosing a PAN verification API provider, look for features like real-time verification, high accuracy, compliance with regulatory standards, ease of integration, and reliable customer support. These features ensure that the verification process is efficient, secure, and meets your business needs.