Enable Operations with Automated Cheque processing with Bank Cheque OCR API
Manually typing in or verifying bank details like the account number, IFSC and account holder name is slow and cumbersome. Deepvue.tech’s Bank Cheque OCR API lets you do it in a blink of an eye and enables your Operations with instant Bank Check Digitization.
When paired with Deepvue.tech’s Bank Account Verification API, businesses can make their customers’ onboarding journey quick and seamless, by onboarding customers using just their cancelled cheque – Deepvue.tech will handle both digitization and verification of bank account details via a penny drop.
Businesses in Insurance Services & Insurtech need cancelled cheques from their customers during purchase of an insurance policy or during claims settlement.
For businesses providing online Legal Services during new business incorporation, apart from Identity Documents current bank account cheque holds the utmost value as Bank Proof.
Cancelled Bank Check is one of the required documents as Current Account Proof during Business KYC for Aggregator Businesses and Retail Tech.
Businesses in mutual funds or the stock market, need Cancelled Cheque or Bank Statement as Bank Proof to open a Demat account. The companies would want customers to submit a cancelled cheque to open the account to verify if the bank account associated with the investment is yours in reality. The requirement of the cancelled cheque is in accordance with the Know Your Customer (KYC) guidelines.
Minimize time spent in manual form-filling and verification.
Automated form-filling eliminates errors caused by manual entry of data.
Reduce back-end operations costs of manual entry and error-fixing.
No Credit Card Required