Frequently Asked Questions

Yes. StatementIQ processes uploads over encrypted HTTPS. Pay-per-sheet reports stay in your account for up to 24 hours, then are removed automatically. When you delete a report yourself, it disappears from your dashboard immediately. We do not sell your financial data.

No. You upload PDF or Excel files you download from your bank or UPI app yourself. We never ask for net-banking passwords or API access to your account.

Yes. Delete any upload from your report or statements page and it disappears from your account immediately.

Unlocked pay-per-sheet reports are available for 24 hours, then removed from your account automatically.

Yes. Personal accounts get the first full StatementIQ report free — one complete statement even if the PDF is 20 or 30 pages. We do not limit the free unlock by page count; one multi-page PDF counts as one report. Then ₹49 per additional statement, or a monthly plan for 10 reports (₹149) or 25 reports (₹249). Reports stay available for 24 hours.

No. StatementIQ unlocks by statement, not by pages. Your first free report covers one full bank statement PDF whether it is about 20 pages, 30 pages, or another typical multi-page length. Converters that advertise “10 free pages/month” are a different product model.

Yes. Enter your promo code in the coupon field at checkout when unlocking a report, credit pack, or subscription. Valid codes reduce the price instantly — including 100% off codes when available.

A subscription is optional for personal use. Pay ₹49 when you unlock a statement, or subscribe monthly for 10 reports (₹149) or 25 reports (₹249). Subscribe from My account → Billing after you sign in. NBFC and business teams can choose monthly SaaS plans with multi-user access.

Sign in to your personal StatementIQ account, open My account → Billing, and choose Starter (₹149/month for 10 statement analysis reports) or Plus (₹249/month for 25 reports). Each unlocked statement uses one credit. Your first report stays free and does not use a credit. Reports remain available for 24 hours.

Starter at ₹149/month includes 10 bank statement analysis reports. Plus at ₹249/month includes 25 reports. Each report includes FinHealth score, AI chat, and PDF/Excel download for that statement. Unused credits reset when the plan renews. You can still unlock a single extra statement for ₹49 without subscribing.

StatementIQ supports 200+ Indian banks and auto-detects the bank from IFSC, letterhead, or file layout. Coverage includes public-sector, private, small-finance, payments, RRBs, and cooperative banks. Examples of well-known banks include HDFC, SBI, ICICI, Axis, and Kotak; most other Indian banks use the same PDF/Excel extract path. Upload PDF or Excel.

Yes. On the home page, free bank statement check, or financial documents hub, upload your PDF or Excel first. Then sign in with Google or email and we attach that same file to your personal account. Full analysis still needs an account.

Yes. StatementIQ is a free-to-start bank statement analyser for India. Your first full analysis report is free with no per-page free quota — a 20- or 30-page statement still counts as one free report. Extra statements are ₹49, or subscribe for 10 or 25 reports a month.

StatementIQ is web bank statement analyzer software — a bank statement analysis app you open in the browser. Analyse PDF or Excel online with AI tools; no desktop install required.

Yes. Upload an Indian bank PDF or Excel file for AI bank statement analysis: transaction extraction, FinHealth score, AI chat, and a downloadable bank statement analysis report PDF.

No. UPI, IMPS, NEFT, RTGS, card, cash, and cheque are payment modes (how money moved). Spend categories stay labels such as Salary, EMI, Shopping, and Food. You can see UPI vs card vs cash totals separately from category spend.

Yes. After analysis, StatementIQ groups repeating merchants (rent, SIP, EMI, subscriptions) and normalizes names such as SWIGGY*123 to Swiggy so month-to-month spend is easier to compare.

No. Chat answers from your extracted transactions and cites statement txn ids. Rupee amounts come from the backend, not invented figures.

Yes. After analysis, StatementIQ generates a downloadable bank statement analysis report PDF with FinHealth score, cashflow trends, income and EMI signals, and risk highlights you can share.

Bank statement analysis means reading your PDF or Excel bank statement to extract transactions, categorize income and spending, detect EMI and salary patterns, and score financial health — StatementIQ does this automatically for 200+ Indian banks.

Yes. StatementIQ supports UPI wallet PDFs from Google Pay, PhonePe, and Paytm — not just traditional bank statements. Upload your wallet export PDF and we extract Paid to / Received from transactions for FinHealth analysis.

You can upload bank statement PDF, Excel (.xlsx/.xls), and CSV exports. Password-protected PDFs are supported when you provide the password at upload.

Yes. On your unlocked report, StatementIQ shows in-app tips from this statement — for example if food delivery spend rose versus last month, or if a recurring EMI is due soon. Tips appear only while the report is open (24 hours).

No. StatementIQ works with rule-based analysis by default. You can optionally use a local Ollama LLM to improve chat and categorization.

Yes. Business accounts get fraud, cashflow, EMI, salary stability, loan eligibility, multi-client workflows, team roles, API keys, and a developer Parse API. Dedicated pages: bank statement analysis for NBFCs, AI credit underwriting, and loan eligibility from a bank statement.

Yes. DSAs upload a client PDF, review FOIR, EMI, salary stability, and share a credit report PDF with the NBFC. Start from the DSA landing or a business signup.

Yes. Use POST /api/v1/parse with an API key to convert bank PDF/Excel into standardized transaction JSON. See the bank statement parser API page and Parse API docs for curl examples.

Email contact@statementiq.in for product support, NBFC onboarding, or partnership queries. You can also use the Contact page on statementiq.in.