Provider (FIP)

Financial Information Provider (FIP) are institutions that hold user data. These are the banks, or NBFCs that share customer’s financial information with Financial Information User (FIU) via requests through an Account Aggregator.

Drive the Change

A part of the AA ecosystem, an FIP can help by,
  • Helping the customers access historic data easily
  • Supporting customers to use innovative new financial services conveniently
  • Bringing diverse and innovative products to market

Data Empowerment a Reality with
the AA Ecosystem


Secure and seamless
sharing of data through


User-controlled data sharing
with unified consent


No physical document collection or submission, preventing leakage and misuse


No sharing login credentials
with third parties reducing
security breach

How to become
an FIP?

Every entity needs to be a FIP first and then an FIU to ensure the sustainability of the ecosystem. Follow these steps to start your journey as an FIP

Get registered with a Financial Service Regulator

Get registered and regulated by at least one of the Financial Service Regulators (FSR), namely — RBI, SEBI, IRDAI, PFRDA.

Implement the FIP module

Implement RBI-defined API specifications for your callback API functions. Find the details here published by ReBIT.

Test your module

Test your FIP module against one or more of the RBI-approved Account Aggregator Sandboxes.

Enrol your module

Make it official by enrolling in the UAT-Central Registry, a directory of all entities that are testing their implementation in the development environment.

Get certified

Get your certification showing adherence to Technical Standards prescribed by ReBIT by a Sahamati empanelled auditor. See here

Get your details publicised

Get your details added by Sahamati to the Central Registry- a directory of all entities that have gone live on the AA ecosystem.

Solutions by Sahamati

Use the following services offered by Sahamati to seamlessly integrate the AA
framework within your organisation.


Sahamati Certification Frameworks


Central Registry


Dispute Management System


Additional Resources


We strongly recommend that FIP/AA/FIU get their implementation certified. It guarantees interoperability, enabling FIPs and FIUs to seamlessly connect with a network of AAs (and vice versa).

Please see this document for the detailed steps.

Companies registered and regulated by any of the 4 regulators – Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority (IRDAI), Pension Fund Regulatory and Development Authority (PFRDA) can be a FIP or FIU. See “License types by RBI, SEBI, IRDAI, PFRDA“.

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Want to Enable Data Empowerment in India?

Contact Sahamati today to get help with onboarding.