ITC mismatch notices are the #1 reason SMEs hear from the tax department.

We reconcile your purchases against GSTR-2B before you file — not after the notice arrives.

Prevent Notices — No Credit Card

Bank Statement Categorizer

Paste your bank transaction descriptions (narrations) and get instant expense categorization with GL account suggestions. Works with all Indian banks.

100% Private. All classification happens in your browser — no transaction data is sent to any server. Classification patterns are anonymized and aggregated from thousands of businesses (3+ organizations must share the same pattern before it's included). No individual business data is ever exposed.
0 transactions

Supported Bank Statement Formats

HDFCICICISBIAxisKotakYes BankIndusIndPNBBOBCanaraUnionIOBIDBIFederalRBL

Works with all banks — paste the narration/description column from your bank statement. Different banks use different narration styles; our patterns cover all major formats.

Why Bank Statement Categorization Matters

Every month, accountants spend hours manually categorizing bank transactions into GL accounts. This repetitive work is error-prone and expensive — a typical SME with 200 transactions/month spends 3-4 hours on manual categorization.

This tool uses crowdsourced classification intelligence — anonymized patterns learned from thousands of Indian businesses. When 3+ businesses categorize "HDFC EMI" as a loan payment, that pattern becomes available to everyone.

How Our Classification Works

  • Layer 1 (Deterministic) — Known patterns with 95%+ accuracy (salary, EMI, GST)
  • Layer 2 (Org-learned) — Your business's specific rules (available in full 1010)
  • Layer 3 (Cross-org) — Anonymized patterns from 3+ organizations (this tool uses L3)
  • Layer 4 (AI) — LLM fallback for ambiguous transactions (available in full 1010)

Related Tools

Generate a matching Chart of Accounts for your business, or use the GST calculator to compute tax on categorized expenses. Read our guide on GST on rent payments.