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| Owner of the document | Chief operating officer |
|---|---|
| Reviewer | Head-Strategy & finance |
| Approver | Board of directors |
| Date of implementation (v1.1) | 3rd Feb 2025 |
| Review periodicity | Yearly |
| Policy required by (Regulator / Group Requirement / Internal Best Practices) | Internal Best Practices |
| Owner | COO |
|---|---|
| Location | Corporate Office, Chennai |
| Version | Changes | Approval Date |
|---|---|---|
| 1.0 | Pricing Policy | 28 Aug 2023 |
| 1.1 | Policy-revised pricing policy to have TSP pricing | 03 Feb 2025 |
| Version | Changes | Reviewed By | Approved By | Date |
|---|---|---|---|---|
| 1.0 | Pricing Policy | CEO | Board | 28 Aug 2023 |
| 1.1 | Policy-revised pricing policy to have TSP pricing | CEO | Board |
The Reserve Bank of India (RBI) directed Boards of Non-Banking Finance Companies-Account Aggregator ("NBFC-AA") to put out suitable internal norms and processes in calculating pricing for their services and other fees in its Master Direction DNBR.PD.009/03.10.119/2016-17 dated Sep 02, 2016.
Considering the RBI Guidelines, the board of Dashboard Account Aggregation Services Private Ltd (the "Company") has established the following internal guiding principles.
Our price strategy seeks to provide clear, fair, and flexible pricing for our Account Aggregator services while responding to the different demands and sizes of the ecosystem's Financial Institutions. Our goal is to develop mutually beneficial interactions that contribute to the financial ecosystem's growth and prosperity.
| Service Tiers | Units | Additional Comments | Price per Unit |
|---|---|---|---|
| Public Sector Banks | Per Data Call | Pricing depends on reverse bidding as well | Rs. .50 to Rs 15.00 |
| Private Sector Banks & Large NBFCs | Per Data Call | Rs. .50 to Rs 15.00 | |
| NBFCs & Insurance | Per Data Call | Rs. 0..50 to Rs 15.00 | |
| PFM Use Cases | Per user per month | No. of data calls per month will be determined appropriately by the senior management. | Rs. 0.20 to Rs 15.00 |
The company to have differential pricing mechanism with one or more TSPs to:
The pricing with TSP shall be presented with the board annually.
While our pricing policy strives to offer a fair and consistent approach to pricing for our Account Aggregator services, there may be certain exceptions based on unique circumstances. Such exceptions can be evaluated and approved by the CEO and COO.