UNLOCK THE POWER OF FINANCIAL ASSET INFORMATION 

Ever found yourself wanting to apply for a loan, or reconstruct your portfolio with your wealth manager but gathering your financial asset information across financial institutions like Banks, NBFCs and Mutual Funds was an exasperating experience and wished it to be easier, quicker and smoother? Your wait is over.

Introducing CAMSfinserv app - one of India’s first RBI licensed account aggregator platforms. It is designed to enable quick and secure sharing of your asset information from financial information providers (FIPs) like Banks or Mutual Funds, with financial entities that are requesting your data (also known as financial information users or FIUs) like lenders and wealth managers. The entire process is digital, so you can bid farewell to paperwork like you always dreamed. Your loans can get processed faster, and your wealth manager can get his data in real-time.

What’s more! Since it is your asset information, you are the boss. CAMSfinserv operates on user consent, so you decide which information you want to share, as well as which establishments you are comfortable sharing your data with. And also take comfort with the fact CAMSfinserv never stores consumer data, maintains transparency and ensures all the information shared from FIP to FIU is in an encrypted format to ensure privacy and authenticity.


What CAN YOU DO WITH CAMSfinserv APP?

Get overall picture of your financial data, aggregated balance, transaction summary across entities and much more
Have a transparent view of FIU requests and FIP acknowledgements
Manage your consents to share data


HOW DOES IT WORK?

 
To start, ‘discover’ your existing accounts which are spread across financial institutions.  Next, link your preferred financial assets to CAMSfinserv. When a financial entity (FIU) places a request for your financial information, choose only the information you wish to share, and give consent to share information between the financial information provider (FIP) and financial information user (FIU).  


How do you link accounts?

The linking process requires users to enter a unique identifier by which the FIP can discover your account (e.g., PAN number, Customer Registration Number or mobile number – this is FIP specific). The FIP will send an OTP to verify ownership of the account.


Can users revoke consent to share data?

Yes. You can revoke all consent provided through the CAMSfinserv app as per your discretion.


Can a user close his/her Account Aggregator account?

We wish you never decide to close your account with us, but if you really must you can close the account at any time you choose.