Loan Underwriting AI

Bank Statement Analysis AI India

Your underwriters spend 45 minutes reading each bank statement manually. XPndAI's AI reads it in 90 seconds — extracting average monthly income, EMI obligations, cash flow patterns, and red flags automatically.

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90 secPer statement (was 45 min)
95%+Extraction accuracy
3xUnderwriter capacity
4 wksBuild time

How XPndAI Builds This

Fixed price · 4-week delivery · You own all code

Step 1

Upload or API

Borrower uploads bank statement PDF on your portal, or your LMS sends it via API. Supports all major Indian banks — HDFC, SBI, ICICI, Axis, Kotak, and 50+ more.

Step 2

AI Reads & Extracts

Extracts: average monthly credits, salary credits vs irregular credits, total EMI deductions, minimum balance violations, bounced cheques, and cash withdrawal patterns.

Step 3

Structured Output

Returns a clean JSON with all fields + a one-page underwriting summary PDF — ready for underwriter review or credit model input.

Step 4

Integrate with Your LMS

Auto-populates your loan management system fields. Underwriter only reviews AI-flagged edge cases and final approval.

Who Hires XPndAI for This

🏦NBFCs & lending apps
🏪MSME lenders
💳Personal loan companies
🤝Co-lending platforms

Pricing

Fixed price. No time-and-material billing. No surprises.

API Only
₹4L
REST API, JSON output, 5 bank formats
MOST POPULAR
Full Integration
₹9L
LMS sync, PDF summary, 50+ bank formats
Enterprise
₹18L+
Custom models, fraud scoring, GST correlation

Frequently Asked Questions

Which bank formats does the AI support?

XPndAI supports 50+ Indian bank PDF formats — HDFC, SBI, ICICI, Axis, Kotak, Yes Bank, IndusInd, PNB, BOB, Canara, Union, and more. New bank formats can be added in 3–5 days.

What accuracy does the bank statement AI achieve?

95–98% field extraction accuracy on clean digital PDFs. For scanned statements, accuracy is 90–95% depending on scan quality. We include confidence scores with every extracted field.

Can the AI detect fraud patterns in bank statements?

Yes. XPndAI can train the model to flag common bank statement fraud patterns — circular transactions, fabricated salary credits, digital alterations, and synthetic patterns — with explainable flags.

Does the AI work with password-protected bank statement PDFs?

Yes, if the borrower provides the password. We integrate password handling securely — the password is used only for decryption and never stored.

Automate bank statement analysis?

Get a demo with your actual bank statement PDFs. Fixed price. 4 weeks.

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