Salary verification account works in following way:

  1. You need to provide consent for sharing your bank statement with ACKO
  2. Once the consent is provided, you need to register or login with a RBI approved account aggregator partner
  3. Next, you need to link your salary bank account and provide approval through OTP to your bank to share bank statement data with ACKO
  4. Once the approval is done, we receive your bank statement and verify your income

Note: We only receive the bank statement from the bank. We do not have access to perform any transaction in your bank account.