>

Form 16 Data Extraction API

Form 16 Data Extraction API offers an advanced solution for automating the extraction of critical financial information from Form 16 documents. Utilizing cutting-edge AI and OCR technologies, it accurately retrieves data such as assessment year, PAN, name, address, and detailed TDS information. Designed to handle various formats, including PDFs and images (JPG, PNG), this API streamlines financial processes, reduces manual effort, and enhances decision-making efficiency.

Try the API

The Form 16 Data Extraction API is a powerful tool that automates the parsing of Form 16 documents to extract essential financial data.

It supports multiple file formats, ensuring flexibility and compatibility with diverse document types.
By delivering structured data swiftly and securely, it enables organizations to optimize their financial workflows and maintain compliance with data protection regulations.

This API is ideal for organizations and platforms that require efficient processing of Form 16 data:

Financial Institutions: Accelerate loan processing and credit assessments.
Fintech Companies: Enhance user onboarding and financial analysis.
Accounting Firms: Automate data entry and reconciliation tasks.

Submit the Form 16 in PDF or image format for the API to process the document to extract key financial data.

Input: PDF, JPG, PNG
Output: Structured JSON with extracted financial data.

A Smarter Way To AI Adoption

Automated Data Processing‍

Streamlines the extraction process for efficient data handling, eliminating manual data entry.

Comprehensive Field Extraction‍

Gathers all essential information from Form 16, including assessment year, PAN, name, address, and TDS details, for easy processing.

‍

High Accuracy and Reliability‍

Ensures precise extraction of all relevant fields from Form 16, maintaining data integrity.

‍

Easy Integration‍

Simple to integrate with existing systems, facilitating seamless data flow and operational efficiency.

‍

Arya APIs Empower Axis Bank to Redefine KYC Workflows

Axis Bank streamlined its KYC workflows with Arya AI’s automated document classification and extraction APIs, achieving a 60-65% reduction in operational Cost

Real-World Applications

Loan Processing‍

Accelerate credit assessments by quickly extracting applicant financial data.

‍

Customer Onboarding‍

Streamline the verification process for new customers.

‍

Tax Filing‍

Automate the extraction of necessary data for accurate and timely tax returns.

‍

Compliance and Auditing‍

Maintain accurate records and ensure regulatory compliance.

‍

Employee Verification‍

Verify employee tax information efficiently during hiring processes.

‍

Scalable Solution

Efficiently process large volumes of documents.

‍

Why Our Customers Prefer Apex by Arya AI

Plug & Play AI APIs

Ultra Low Latency Output

ISO & GDPR Certified

No Data Storage

Zero Set-up costs

Pay Per Use

Your Vision, Our AI: Endless Possibilities

From automating critical processes to enhancing customer interactions, we do it all!

Explore More

For Developers

Plug-and-play APIs designed for fast integration, minimizing development effort and maximizing productivity.

Detailed Documentation

Comprehensive documentation to simplify integration and implementation.

SDKs & Libraries

Access resources that eliminate the need to build functionalities from scratch.

Interactive Tutorials & Sandbox

Test API functionalities in a risk-free, simulated setting.

24/7 Technical Support

Round-the-clock support so you have assistance whenever challenges arise.

How we drive customer value

Working with Arya.ai has provided MSIG Life with great support. Their AI applications have been integrated into our operations, addressing key challenges with production-ready models that have made a significant impact. Arya.ai's AI capabilities have helped us enhance our processes, improve security, and increase efficiency across our workflows.
Deekshith and his team have been responsive and have assisted us in streamlining our operations and enhancing the customer experience, enabling us to scale effectively.

Michael Kohan

Head of Digital Solutions

Our Team is greatly thankful for the Bank Statement Analyser of Arya AI. Before using the bank analyser, we had a hard time converting large statements, passbooks and different formats across various banks into tangible insights. But with Arya now, we can generate a speedy report.

Faria Rose Santiago

Co-founder & CEO

Using Arya APIs, we have automated the process of data extraction from KYC submissions as well as Transaction documents along with translation of certain ID proof(s) originally provided in foreign languages, which has greatly eased the operational workload on our team & also saved us on processing time which in turn enhances our overall customer experience.

Vice President Technology

Axis Bank

Appreciate the support we got from Arya in seamlessly processing lakhs of API hits daily. Arya team's expertise provided for excellent guidance and recommendations to help improve the process for large scale integrations. We were able to make this go live in record time of nearly a month. The quality of the work and unwavering dedication brought to the table by Deekshith and team is much appreciated.

Shammi Kapoor

SVP Business Operations

With Arya’s Face Verification and Passive Face Liveness Detection API, we’ve improved the security on our FinTech platform for user verification during transactions. Our Vulnerability to fraud due to identification errors has already reduced by 98% within just six weeks of integrating these APIs. This new process has helped us provide an amazing user experience. Kudos to Arya AI team for ground breaking technology that is making a real good impact on our business.

Sagar Singhal

Co Founder & CEO

Using Arya APIs, we have automated the process of data extraction from KYC submissions as well as Transaction documents along with translation of certain ID proof(s) originally provided in foreign languages, which has greatly eased the operational workload on our team & also saved us on processing time.

Vice President Technology

Axis Bank

+360%

More repayments in past 12 months

Read full story

Our Team is greatly thankful for the Bank Statement Analyser of Arya AI. Before using the bank analyser, we had a hard time converting large statements, passbooks and different formats across various banks into tangible insights. But with Arya now, we can generate a speedy report.

Faria Rose Santiago

Co-founder & CEO

+360%

More repayments in past 12 months

Read full story

With Arya’s Face Verification and Passive Face Liveness Detection API, we’ve improved the security on our FinTech platform for user verification during transactions. Our Vulnerability to fraud due to identification errors has already reduced by 98% within just six weeks of integrating these APIs. This new process has helped us provide an amazing user experience. Kudos to Arya AI team for ground breaking technology that is making a real good impact on our business.

Sagar Singhal

Co-founder & CEO

+360%

More repayments in past 12 months

Read full story

Appreciate the support we got from Arya in Seamless processing lakhs of API hits daily. Arya's team expertise provides for excellent guidance and recommendations to help the process for large scale integrations. we were able to make this go live in a record time of nearly a month. The quality of the work and unwavering dedication brought to the table by Deekshith and the team is much appreciated.

Shammir Kapoor

SVP Business Operations, TATA AIG General Insurance

+360%

More repayments in past 12 months

Read full story

Using Arya APIs, we have automated the process of data extraction from KYC submissions as well as Transaction documents along with translation of certain ID proof(s) originally provided in foreign languages, which has greatly eased the operational workload on our team & also saved us on processing time.

Vice President Technology

Axis Bank

+360%

More repayments in past 12 months

Read full story

Our Team is greatly thankful for the Bank Statement Analyser of Arya AI. Before using the bank analyser, we had a hard time converting large statements, passbooks and different formats across various banks into tangible insights. But with Arya now, we can generate a speedy report.

Faria Rose Santiago

Co-founder & CEO

+360%

More repayments in past 12 months

Read full story

With Arya’s Face Verification and Passive Face Liveness Detection API, we’ve improved the security on our FinTech platform for user verification during transactions. Our Vulnerability to fraud due to identification errors has already reduced by 98% within just six weeks of integrating these APIs. This new process has helped us provide an amazing user experience. Kudos to Arya AI team for ground breaking technology that is making a real good impact on our business.

Sagar Singhal

Co-founder & CEO

+360%

More repayments in past 12 months

Read full story

Appreciate the support we got from Arya in Seamless processing lakhs of API hits daily. Arya's team expertise provides for excellent guidance and recommendations to help the process for large scale integrations. we were able to make this go live in a record time of nearly a month. The quality of the work and unwavering dedication brought to the table by Deekshith and the team is much appreciated.

Shammir Kapoor

SVP Business Operations, TATA AIG General Insurance

+360%

More repayments in past 12 months

Read full story

Working with Arya.ai has provided MSIG Life with great support. Their AI applications have been integrated into our operations, addressing key challenges with production-ready models that have made a significant impact. Arya.ai's AI capabilities have helped us enhance our processes, improve security, and increase efficiency across our workflows.
Deekshith and his team have been responsive and have assisted us in streamlining our operations and enhancing the customer experience, enabling us to scale effectively.

Michael Kohan

Head of Digital Solutions

+360%

More repayments in past 12 months

Read full story

Your Go-To Resource Center for AI Insights

OCR vs AI: Ending the Dilemma With AI-Powered OCR Systems

What is OCR in Banking?

OCR vs ICR: What is the Difference, and the Next-Generation of Text Recognition?

A Comprehensive Guide

Everything You Need to Know About the Form 16 Data Extraction API

In the fast-paced financial sector, efficiency and accuracy are paramount. Arya's Form 16 Data Extraction API offers a robust solution to automate the extraction of essential financial data from Form 16 documents.

Key Highlights:

Advanced AI and OCR Technologies: Ensure precise extraction of financial data.
Flexible Format Support: Handle various document types, including PDFs and images.
Rapid Processing: Obtain structured data promptly.
Secure Data Handling: Maintain data confidentiality and compliance.
Scalable Solution: Efficiently process large volumes of documents.

Benefits:

Operational Efficiency: Reduce manual effort and accelerate financial processes.
Enhanced Accuracy: Minimize errors associated with manual data entry.
Improved Decision-Making: Access timely and accurate financial data.
Regulatory Compliance: Ensure adherence to data protection regulations.
Cost Savings: Lower operational costs by automating data extraction tasks.

By integrating Arya's Form 16 Data Extraction API into your financial workflows, you can enhance efficiency, accuracy, and compliance, ultimately driving better business outcomes.

Ready to Automate Your Financial Data Extraction?
Integrate Arya's Form 16 Data Extraction API today and transform your financial processes with AI-driven efficiency.

Table of Contents

Form 16 Data Extraction API

A Smarter Way To AI Adoption

Automated Data Processing‍

Comprehensive Field Extraction‍

High Accuracy and Reliability‍

Easy Integration‍

Arya APIs Empower Axis Bank to Redefine KYC Workflows

Real-World Applications

Loan Processing‍

Customer Onboarding‍

Tax Filing‍

Compliance and Auditing‍

Employee Verification‍

Scalable Solution

Why Our Customers Prefer Apex by Arya AI

Your Vision, Our AI: Endless Possibilities

For Developers

Detailed Documentation

SDKs & Libraries

Interactive Tutorials & Sandbox

24/7 Technical Support

How we drive customer value

Your Go-To Resource Center for AI Insights

A Comprehensive Guide

Everything You Need to Know About the Form 16 Data Extraction API

Key Highlights:

Benefits:

Frequently Asked Questions

Join our newsletter