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Connected Banking in TallyPrime

Connected Banking – FAQ

Connected Banking enables you to access your bank accounts from within TallyPrime. With a single and secure login, you can connect your bank accounts to TallyPrime, and get Bank Balance and Statements.

Before you begain | Prerequisites
  1. TallyPrime Release 6.0 or later.
  2. Valid Tally Software Subscription (TSS).
    To know how to view the validity of your TSS or renew it, refer to Renew TSS.
  3. Tally.NET ID, which is the registered e-mail address under your license.
  4. Valid 10-digit mobile number to link with your Tally.NET ID and receive OTP.
  5. An internet connection with a recommended speed of 3-5 Mbps that aids better connectivity.

 

Banks Supported for Connected Banking

Connected Banking in TallyPrime is available for Axis Bank, State Bank of India, and Kotak Mahindra Bank customers. 

Setup for Connected Banking

After setting it up, you can log in to Connected Banking with your Tally.NET ID and password at any point in time. You can do so if your session has expired or inactive.

When you do not want to use the Connected Banking features, you can log out.

Tally.NET account administrator (admin) and non-admin users can use Connected Banking. A non-admin user requires an approval from admin to access Connected Banking.

Send Online Payments Using Connected Banking

If you have a bank account in Axis Bank or SBI, you can also send online payments using Connected Banking.

To know more, refer to:

Get Bank Statement and Bank Balance

Once logged in to Connected Banking, you can save a great deal of time of by doing the following in a matter of clicks:

Questions & Answers

  1. How can I get Connected Banking in TallyPrime for my bank account?
    You can avail Connected Banking, if your bank is supported for Connected Banking.
    If you have an account in a supported bank, then you can enable Connected Banking in TallyPrime.

  2. I am using TallyPrime in the Educational Mode. How can I try the Connected Banking feature?
    To use Connected Banking in TallyPrime, you need a valid TSS and active license.
    Refer to the prerequisites for using Connected Banking.
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