CAMSfinserv Account Aggregator lets customers view financial assets together and share selected information with registered financial service providers. CAMSfinserv describes itself as an RBI-licensed NBFC Account Aggregator. Data that may be aggregated includes bank deposits and savings accounts, mutual funds, stocks and ETFs, insurance plans, NPS investments and other supported financial information. Sharing requires customer consent, which customers can revoke. CAMSfinserv says Account Aggregators do not store or view the financial data being shared. Individuals can use the Android app or web platform for free. Linking an account requires an identifier recognized by the financial institution, such as PAN, a customer registration number or a mobile number, followed by OTP verification. For institutions, listed features include bank statement and portfolio analysis, upcoming EMI alerts, and one KYC and verification process for multiple asset holdings. Companies regulated by RBI, SEBI, IRDAI or PFRDA can join as Financial Information Users or Providers. Institution access is paid, with pricing on request. Shared information may not update in real time, and instructions entered on non-business days are processed the next business day.
Who it is for
It suits individuals who want a consolidated asset view and control over sharing financial information. Financial institutions and businesses, including lenders and wealth managers, can use it with customer consent.
What is good
- Customers can revoke sharing consent at any time.
- Supports a range of financial asset types.
- Free Android app and web access for consumers.
- Institution features include portfolio analysis and EMI alerts.
What to know first
- Institution pricing is available on request.
- Shared information may not update in real time.
- Non-business-day instructions process the following business day.
Verdict
CAMSfinserv combines a customer-controlled sharing flow with tools for financial institutions. Consumers can use it for free, while institutions should confirm pricing and account for data freshness and business-day processing.
CAMSfinserv Account Aggregator plans and pricing
All plansCompared on bank connectivity software
- Supported data types
- banking, mutual funds, insurance, pensions, securities and other supported financial information
- Connection methods
- Account Aggregator consent flows and APIs
- Refresh frequency
- on_demand
