This list was last updated on 27 September 2022.
List of banks that Razorpay has partnered with for Third-Party Validation (TPV).
Third-Party Validation (TPV) is an essential step in the Banking, Financial Services and Insurance sector. As per the SEBI guidelines, businesses operating in these sectors must ensure that the payments are accepted from the customers' registered, KYC-approved bank accounts only.
Using the Razorpay Smart Collect API, you can comply with the regulatory guidelines to ensure that customers make payments only from their registered bank accounts (TPV). Any payment made from an unregistered account (non-TPV) is automatically refunded to the customer.
Following is the list of banks that Razorpay has partnered with for third-party validation (TPV) of your customers' accounts. You can validate the customers' accounts using the payment methods supported by the banks.
This list was last updated on 23 August 2022.
This list was last updated on 01 Dec 2021.
We recommend you to periodically download a copy of the spreadsheet from here to get the latest list of supported banks.