BUNDLED BANK ACCOUNT VERIFICATION

India’s 1st and only intelligent multi-method orchestration for account ownership verification

Built with configurable routing and fallback logic designed to eliminate silent customer drop-off.

Experience Setu Bundled BAV

TRUSTED FOR ACCOUNT VERIFICATION

Northern Arc

Adecco

Joy Alukkas

Pocketful Broking

INDUSTRY FIRST

#1 TSP to partner with NPCI to provide the industry-first Reverse Penny Drop product

INTELLIGENT ORCHESTRATION

An intelligent orchestration layer built to maximize successful account ownership verification

Route every verification attempt through the method most likely to succeed, without sending customers back to the start.

Verification fallback chain across UPI ID, UPI payment and bank details, with bank details selected

MULTI-METHOD FALLBACK ROUTING

Automatically switch to the next best verification method

Move across Mobile-to-Bank, VPA-to-Bank, Penny Drop, and Reverse Penny Drop for the highest verification success.

Experience bundled BAV

MULTI-METHOD FALLBACK ROUTING

Automatically switch to the next best verification method

Move across Mobile-to-Bank, VPA-to-Bank, Penny Drop, and Reverse Penny Drop for the highest verification success.

Experience bundled BAV

MULTI-METHOD FALLBACK ROUTING

Automatically switch to the next best verification method

Move across Mobile-to-Bank, VPA-to-Bank, Penny Drop, and Reverse Penny Drop for the highest verification success.

Experience bundled BAV

Verification method order across UPI ID, UPI payment and bank details, with bank details selected

CONFIGURABLE ROUTING ORDER

Set your priority—or adapt it dynamically

Choose the routing order that fits your flow, or enable methods dynamically based on real-time success rates.

Explore the routing model

CONFIGURABLE ROUTING ORDER

Set your priority—or adapt it dynamically

Choose the routing order that fits your flow, or enable methods dynamically based on real-time success rates.

Explore the routing model

CONFIGURABLE ROUTING ORDER

Set your priority—or adapt it dynamically

Choose the routing order that fits your flow, or enable methods dynamically based on real-time success rates.

Explore the routing model

FULLY CUSTOMIZABLE UI

A white-label verification experience that feels like your product

Match your brand guidelines with a configurable logo, company name, and UI colors across the customer journey.

See the experience

FULLY CUSTOMIZABLE UI

A white-label verification experience that feels like your product

Match your brand guidelines with a configurable logo, company name, and UI colors across the customer journey.

See the experience

FULLY CUSTOMIZABLE UI

A white-label verification experience that feels like your product

Match your brand guidelines with a configurable logo, company name, and UI colors across the customer journey.

See the experience

JSON API response containing PAN, consent and reason fields

SINGLE API INTEGRATION

One integration for every fallback path

Access resilient account ownership verification through one API, with routing complexity handled by Setu.

View developer docs

SINGLE API INTEGRATION

One integration for every fallback path

Access resilient account ownership verification through one API, with routing complexity handled by Setu.

View developer docs

SINGLE API INTEGRATION

One integration for every fallback path

Access resilient account ownership verification through one API, with routing complexity handled by Setu.

View developer docs

ONE API, THREE METHODS

Near-zero verification failures

Combine fast, familiar verification methods with automatic fallback so customers can complete account ownership checks without starting over.

Mobile-to-Bank

Verify ownership using the customer’s mobile number and bank-linked identity signals.

Mobile-to-Bank

Verify ownership using the customer’s mobile number and bank-linked identity signals.

VPA-to-Bank

Resolve account ownership from a familiar UPI handle when direct bank details are unavailable.

VPA-to-Bank

Resolve account ownership from a familiar UPI handle when direct bank details are unavailable.

Penny Drop + RPD

Use bank-validated payment flows for high-confidence ownership verification and resilient fallback.

Penny Drop + RPD

Use bank-validated payment flows for high-confidence ownership verification and resilient fallback.

Experience bundled BAV

INDUSTRIES WE SERVE

Zero drop-offs, maximum successful verifications

A resilient verification layer for regulated onboarding, mandates, payouts, refunds, and seller journeys.

Lenders

Zero unrecovered BAV failures, lower fraud risk, faster disbursal, and no borrower lost to incorrect account information.

Lenders

Zero unrecovered BAV failures, lower fraud risk, faster disbursal, and no borrower lost to incorrect account information.

Brokers

Seamless mandate setup, higher investor approvals, faster payouts, and one integration covering every BAV method.

Brokers

Seamless mandate setup, higher investor approvals, faster payouts, and one integration covering every BAV method.

Insurance

Verify account ownership before policy issuance, accelerate refunds and claims, and reduce payout-account fraud.

Insurance

Verify account ownership before policy issuance, accelerate refunds and claims, and reduce payout-account fraud.

E-commerce & marketplaces

Verify seller and vendor payout accounts, process refunds faster, and reduce fraud in cash-on-delivery reversals.

E-commerce & marketplaces

Verify seller and vendor payout accounts, process refunds faster, and reduce fraud in cash-on-delivery reversals.

Dhan’s success story

80%

of users organically chose RPD or PennyLess

75%

reduction in verification cost

With traditional verification, errors in manual entry or delays with penny-drop made for frustrating user experiences. RPD simplified everything; it was instant and removed any need for users to dig out documents.

Anirudha, Senior Product Manager, Dhan

Read Dhan’s success story

80%

of users organically chose RPD or PennyLess

75%

reduction in verification cost

Anirudha, Senior Product Manager, Dhan

Read Dhan’s success story

80%

of users organically chose RPD or PennyLess

75%

reduction in verification cost

Anirudha, Senior Product Manager, Dhan

Read Dhan’s success story

Kissht’s success story

<4%

onboarding drop-offs, down from 18–20%

99%

verification success rate

Reverse Penny Drop based verification is a process our customers absolutely love. Instead of typing an IFSC code and a 16-digit bank number, customers now just have to make a ₹1 UPI payment, which is very intuitive for them. And in the response, we get data that cannot be spoofed.

Karan Mehta, CTO, Kissht

<4%

onboarding drop-offs, down from 18–20%

99%

verification success rate

Karan Mehta, CTO, Kissht

<4%

onboarding drop-offs, down from 18–20%

99%

verification success rate

Karan Mehta, CTO, Kissht

INTEGRATION

Intelligent verification infrastructure, engineered for regulated growth

A production-ready integration that gives product and risk teams control without adding operational complexity.

Faster integration

Start with one API contract and a unified response model.

Faster integration

Start with one API contract and a unified response model.

Reliable routing

Keep verification moving when a preferred method is unavailable.

Reliable routing

Keep verification moving when a preferred method is unavailable.

Configurable flows

Set routing priorities to match your risk and conversion strategy.

Configurable flows

Set routing priorities to match your risk and conversion strategy.

Customizable UI

Deliver a white-label customer experience across every method.

Customizable UI

Deliver a white-label customer experience across every method.

View developer docs

Intelligent verification infrastructure built to deliver higher conversion

Replace brittle single-method checks with account ownership verification that keeps every eligible customer moving.

Book a demo

COMMON QUESTIONS

FAQs

What is Bundled Bank Account Verification?

Bundled BAV is Setu’s multi-method account ownership verification product. It combines multiple verification methods behind one integration and can route or fall back between them to improve completion rates.

Which verification methods can Bundled BAV use?

The orchestration can use Mobile-to-Bank, VPA-to-Bank, Penny Drop, and Reverse Penny Drop, based on the routing configuration and method availability.

Can we configure the routing order?

Yes. You can set the preferred routing sequence for your use case or enable methods dynamically based on real-time success rates.

Does Bundled BAV support a white-label experience?

Yes. The customer-facing flow can be customized with your logo, company name, and UI colors to match your brand guidelines.

Do we need separate integrations for each BAV method?

No. Bundled BAV provides access to fallback verification through a single API integration, while Setu manages the orchestration between methods.