connectIPS Electrifying Offer !!

connectIPS has initiated a campaign "connectIPS Electrifying Offer" starting from 1st Ashadh till 32nd of Ashadh. During the offer period, the customers of the member banks & financial institutions if enrol in connectIPS and verify their registered mobile number and e-mail will receive Rs.50 recharge in the registered mobile number. At the end of the campaign, 1 lucky winner will also get an opportunity to win electric scooter. The customers of the member BFIs will have to register themselves within connectIPS through or mobile app ( The offer is only valid for the new user registered in connectIPS. The grand prize winner will be announced at the end of the offer period from official pages of NCHL.

How to create a new user in connectIPS?
One can create a new user from or alternatively through Mobile App (  User can be created with username and password  and a few additional information. For  new user creation process, please click here

How to link bank account in connectIPS?

  1. Login to connectIPS with your username and password
  2. Select ‘Bank Account’ from Dashboard
  3. Select ‘Link Account’
  4. Fill bank account details (ensure that the account no. and name matches with the one provided by your bank)
  5. Select ‘Send for Approval’
  6. Download the linked bank account form
  7. One can link multiple bank account(s) of any of the member banks & financial institutions

The downloaded and duly signed linked bank account form needs to be submitted to the nearest bank branch of respective bank for one-time verification and activation of the linked bank account. 

Alternatively, one can select ‘self-verify account’ option to self-verify the linked account such that one does not have to visit bank, provided the bank has activated such feature. 

How do I self-verify my account?
To verify account, follow the mentioned procedures

  1. Go to link bank account under Bank Account > Manage Account to link your account.
  2. In pending bank accounts list, click on the pending bank account and go option of self-verify account.
  3. Based on the input information and automated process for self-verification, an OTP will be sent to the verified mobile number and email address that is registered at the bank.
  4. After the successful verification of OTP, the status of the linked account will change as ‘AUTOACCEPTAPPROVAL’.
  5. The system will then generate two micro-deposit amounts that will be credited on the customer’s linked bank account.
  6. The user will now have to check its account and input the two micro-deposit amounts. Once both micro-deposit amounts are verified, the linked account will be verified automatically and the status of the account will change as ‘ACCEPTED.’
  7. Now the linked bank account can be used for normal transaction up to the specified transaction limit.

For more details regarding self-verification of account: 

Terms & Conditions of the offer:

  • This offer valid from 15th June to 16th July, 2022 (1st Ashad to 32nd Ashad 2079) only.
  • This offer is only valid for new user verification during the offer period. User verification includes new user registration and verification of mobile/e-mail address.
  • The prize amount of Rs. 50 mobile recharge will be credited to the registered mobile number of the new user.
  • The prize amount is not transferrable.
  • The lucky winner of grand prize shall be provided after the end of the offer period.
  • One user can avail the prize only once during the offer period.
  • NCHL employees and his/her immediate family members are not be eligible to participate.
  • NCHL reserves the rights to change some or all the terms.