Salary verification account works in following way:
- You need to provide consent for sharing your bank statement with ACKO
- Once the consent is provided, you need to register or login with a RBI approved account aggregator partner
- Next, you need to link your salary bank account and provide approval through OTP to your bank to share bank statement data with ACKO
- 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.