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Bank Statement AnalyserUpdated 2026

Best Bank Statement Analyser for NBFCs in India 2026

Curated for teams matching: India

Compare the options

Pricing shown where publicly available. Tools marked enterprise pricingdon't publish self-serve rates — you'll need to talk to sales.

ToolFraud/Anomaly DetectionAdditional Data SourcesBest For
01. PerfiosPickYes — a core featureGST, ITR, credit bureau data, and moreLenders wanting the most established platform in this space
02. FinBoxYesAlternate data sources for credit scoring (device data, etc.)Lenders wanting alternate-data scoring alongside statement analysis
03. Karza (a Perfios company)YesIdentity, KYC, GST dataTeams wanting verification APIs alongside statement analysis
04. SetuLimited — primarily a data-access layer, not a dedicated fraud engineAccount Aggregator ecosystem dataLenders wanting Account Aggregator-native data access
05. SignzyYes — document/fraud checksKYC/identity data, document verificationBanks/NBFCs wanting onboarding and statement verification in one platform
Our Pick
01Perfios

Bank statement analysis and financial data platform for lenders

One of India's largest financial data platformsFraud and anomaly detectionDeep underwriting analytics

Best for: Lenders wanting the most established platform in this space

Fraud/Anomaly Detection: Yes — a core feature

Additional Data Sources: GST, ITR, credit bureau data, and more

Processing Speed: Near real-time processing claimed (verify current SLA)

Regulatory Compliance: India data residency and RBI-aligned practices claimed — verify current certifications

“The largest and most established bank-statement analysis platform among Indian lenders.”

What does Reddit say about Perfios?

Pricing model

Paid

Free tier

Not available
  • – No public free tier — B2B enterprise sales motion

Paid tier

  • – Automated statement parsing, fraud/anomaly detection, credit underwriting analytics

Pricing

No public pricing — enterprise custom quotes only

Enterprise pricing

Available

API documentation

Available
02FinBox

Credit underwriting infrastructure including bank statement analysis

Alternate-data credit scoringUnderwriting APIsLending-infrastructure focus

Best for: Lenders wanting alternate-data scoring alongside statement analysis

Fraud/Anomaly Detection: Yes

Additional Data Sources: Alternate data sources for credit scoring (device data, etc.)

Processing Speed: Near real-time claimed (verify current SLA)

Regulatory Compliance: India data residency claimed — verify current certifications

What does Reddit say about FinBox?

Pricing model

Paid

Free tier

Not available
  • – No public free tier — B2B enterprise sales motion

Paid tier

  • – Automated statement analysis, alternate-data credit scoring, underwriting APIs

Pricing

No public pricing — enterprise custom quotes only

Enterprise pricing

Available

API documentation

Available
03Karza (a Perfios company)

Identity, KYC, and financial data verification APIs

Identity and KYC verification APIsBank statement analysisBacked by Perfios' scale

Best for: Teams wanting verification APIs alongside statement analysis

Fraud/Anomaly Detection: Yes

Additional Data Sources: Identity, KYC, GST data

Processing Speed: Near real-time claimed (verify current SLA)

Regulatory Compliance: India data residency claimed — verify current certifications

What does Reddit say about Karza (a Perfios company)?

Pricing model

Paid

Free tier

Not available
  • – No public free tier — B2B enterprise sales motion

Paid tier

  • – Bank statement analysis APIs, KYC/identity verification, fraud checks

Pricing

No public pricing — enterprise custom quotes only

Enterprise pricing

Available

API documentation

Available
04Setu

Fintech infrastructure APIs including account aggregator/statement data

Account Aggregator-based data accessLending infrastructure APIsBacked by Pine Labs

Best for: Lenders wanting Account Aggregator-native data access

Fraud/Anomaly Detection: Limited — primarily a data-access layer, not a dedicated fraud engine

Additional Data Sources: Account Aggregator ecosystem data

Processing Speed: Near real-time via the AA framework

Regulatory Compliance: Built on RBI's Account Aggregator framework — inherently compliance-aligned

What does Reddit say about Setu?

Pricing model

Paid

Free tier

Not available
  • – No public free tier — B2B enterprise sales motion

Paid tier

  • – Account Aggregator data APIs, bank statement analysis, lending infrastructure

Pricing

No public pricing — enterprise custom quotes only

Enterprise pricing

Available

API documentation

Available
05Signzy

Digital onboarding and financial document verification platform

Combined KYC and document verificationBank statement and fraud checksDigital onboarding focus

Best for: Banks/NBFCs wanting onboarding and statement verification in one platform

Fraud/Anomaly Detection: Yes — document/fraud checks

Additional Data Sources: KYC/identity data, document verification

Processing Speed: Near real-time claimed (verify current SLA)

Regulatory Compliance: India data residency and RBI-aligned practices claimed — verify current certifications

What does Reddit say about Signzy?

Pricing model

Paid

Free tier

Not available
  • – No public free tier — B2B enterprise sales motion

Paid tier

  • – Bank statement verification, KYC/onboarding automation, fraud detection

Pricing

No public pricing — enterprise custom quotes only

Enterprise pricing

Available

API documentation

Available

Frequently Asked Questions