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BFSI & Financial Statement OCR

Bank Statement Extraction & OCR Software

Turn any bank statement — any bank, any format — into clean, line-by-line structured transaction ledgers with mathematical balance reconciliation and zero third-party AI exposure.

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Full Narration & Date Parse
Every transaction line captured
⚖️
Running Balance Verification
Auto-audits debits & credits
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On-Premise Air-Gapped
Zero public LLM exposure
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Core Banking & Treasury API
Direct JSON / Excel export
Book a Statement DemoHow the Engine Works →
✓ 300+ Enterprise Deployments✓ 100% Indian Banking Data Sovereignty✓ Multi-Currency & Multi-Bank Ready
Air-Gapped BFSI Sovereign AI · 99.8% Accuracy
PayXtract AI Workspace UI
✓ Enterprise Sovereign Deployment · On-Premise Air-Gapped
Statement Analysis Overview
100% In-House Sovereign AI · Private Cloud / On-Premise

Bank statement extraction converts account details, transaction lines, running balances, and clearing codes from bank statements into structured data automatically. PayXtract reads statements from any financial institution, validates line-by-line debit/credit integrity, and delivers reconciliation-ready data — without sending your records to third-party public AI APIs.

150+ Indian & Global Banks Supported
Mathematical Debit/Credit Balance Audit
Direct Core Banking & LOS Stream
Your documents are processed by our own compact language model on our private cloud or sovereign on-premise infrastructure — fully compliant with RBI and BFSI data localization mandates.
What We Extract

Every transaction & balance , extracted with mathematical confidence.

From complex multi-column statements to passbook scans, capture every financial element accurately.

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Account & Entity Data
Bank & Account Identifiers
Account Holder Name
Alpha Solutions Ltd.
Account Number
002105009841
IFSC & Branch Code
HDFC0000021 (Bandra)
Statement Period
01 Jan – 31 Jan 2026
✓ Auto-Identified Bank Format99.9% Confidence
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Transaction Ledger
Line-by-Line Narration & Split
Txn Date & Value Date
15 Jan / 16 Jan
Narration & Counterparty
NEFT/CMS/Vendor Pay
Debit / Credit Categorization
₹ 4,50,000.00 Dr
Cheque / Reference Number
UTR #AXIS984210
✓ Multi-Page Table Stitching100% Parsed
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Balance Reconciliation
Mathematical Audit Engine
Opening Balance
₹ 14,80,240.50
Running Balance Checks
Row-by-Row Audited
Closing Balance Verification
₹ 28,45,910.20
Interest & Charges Audit
Auto-Flagged Charges
✓ Balanced & ReconciledAudit Ready
How It Works

From raw bank PDF to verified financial ledger.

PayXtract standardizes incoming statements across four intelligent automation stages.

01

Ingest

Upload PDFs in bulk, or auto-pull via direct SFTP, banking portal feeds, or REST API.

02

Extract

The AI parses every transaction row, date, description, and debit/credit split template-free.

03

Reconcile

Mathematical validator computes running balance equations and flags discrepancies.

04

Export

Clean, structured data flows into SAP, Oracle Treasury, Tally, or lending decisioning engines.

Where It's Used

Powering mission-critical financial workflows.

  • Bank Reconciliation — auto-match thousands of statement entries against internal ERP general ledgers.
  • Lending & Credit Underwriting — assess borrower debt-service capability and income cash flows instantly.
  • KYC & Account Verification — confirm account ownership, IFSC legitimacy, and active operational status.
  • Treasury & Liquidity Visibility — aggregate multi-bank daily cash positions into a centralized corporate dashboard.

Statement Confidence & Audit Engine

Transaction Extraction Accuracy
Line-Item Parsing Precision
99.8% Clean Pass
Mathematical Verification
Opening + Credits - Debits = Closing
Auto-Reconciled
Low-Confidence Handling
Human-in-the-Loop Review Queue
Zero Guessing
BFSI Data Security
100% In-House Air-Gapped Cloud
0 API Leaks
Enterprise Provenance

A product by Hridayam Soft Solutions Pvt. Ltd.

PayXtract is built by Hridayam Soft Solutions (HSS) - an enterprise software company deploying mission-critical solutions for India's largest banks, financial institutions, and manufacturers since 2011. Engineering team behind ShareDocs ECM, AssetsTrak, VizTrak, and PayXtract.

300+
Enterprise Clients across India
14+ Yrs
Hridayamsoft Enterprise Legacy (Est. 2011)
90+
Developers & Implementation Engineers
10M+
Documents Processed Monthly

Enterprise Security & Compliance

Engineered to satisfy stringent banking and defense compliance requirements from day one.

  • ISO 27001:2022 Certified Information Security
  • SOC 2 Compliant Infrastructure & Access Controls
  • Complete Data Localization & Sovereign Cloud Hosting
  • Role-Based Access Control & Comprehensive Audit Trails
Common Questions

Frequently Asked Questions

Everything you need to know about bank statement parsing, multi-page ledger extraction, and security.

Yes. PayXtract is template-free and reads statements from any financial institution in any format — multi-page PDF, scan, or digital e-statement — capturing every transaction line, running balance, IFSC, and account detail with high precision.
It extracts account holder name, account number, bank IFSC/MICR, statement period dates, opening and closing balances, transaction dates, complete transaction narrations/descriptions, debit and credit split amounts, cheque/reference numbers, and calculated running balances.
Yes. PayXtract achieves up to 99.8% field accuracy. Built-in mathematical balance reconciliation verifies that Opening Balance + Credits - Debits = Closing Balance. Any discrepancy is immediately routed to human-in-the-loop review.
All documents are processed strictly on your dedicated private cloud or on-premise air-gapped infrastructure using our in-house sovereign language model. Financial data is never transmitted to OpenAI, Gemini, or third-party public LLMs.
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Industry

Banking & Financial Services

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See PayXtract extract your statements in real time.

Book a 20-minute live demonstration with our enterprise architecture team. Watch PayXtract parse complex, multi-page statements from your exact financial institutions with >99% accuracy.

Book a 20-Min DemoView Transparent Pricing