Canara Bank Connected Banking
Net banking inside Tally — pay, reconcile, and manage
Everything You Need, Inside Tally
Discover how Canara Bank Connected Banking can revolutionize your financial management with real-time insights and secure transactions.
Real-time Balance Enquiry
Get instant updates on your account balance directly within Tally.
Mini Statement
Fetch mini statements with a single click — no more switching between apps.
Add Beneficiaries
Add beneficiaries directly from your Tally account masters.
Flexible Payouts
Make payouts via IMPS, NEFT, or RTGS seamlessly from Tally.
Instant Confirmation
Receive instant transaction confirmation for every payment you initiate.
Secure Payments
Maker and checker options ensure every payment is authorized and secure.
Simplified Reconciliation
Save time and reduce errors with simplified automatic bank reconciliation.
Bulk Payouts
Perform bulk payouts through file upload — process hundreds of payments at once.
Salary & Vendor Payments
Save time and effort while paying salaries or multiple vendors in one go.
Virtual Accounts
Add-on features like virtual accounts for automatic reconciliation of receipts.
Payout Notifications
Send payout notifications to payees via WhatsApp and email automatically.
Ad-hoc & Ledger Payments
Make ad-hoc payments and ledger-based payments seamlessly from within Tally.
Before You Get Started
Ensure you meet the following requirements before setting up Canara Bank Connected Banking.
Supported Tally Versions
- ✓ Tally ERP 9 (Version 6.6.3 and above)
- ✓ Tally Prime (Versions 2.1 to 6.0)
- ✓ Tally Edit Log (Versions 2.1 to 6.0)
Setup Requirements
- ✓ Licensed Tally software
- ✓ Windows 10 to Windows 12 (licensed)
- ✓ Remote access tools — AnyDesk or UltraViewer (vendor team will use for installation)
- ✓ If Tally is set up on the cloud, cloud admin must be available on the call
- ✓ Tally company login with admin credentials (plugins cannot be added with sub-user IDs)
- ✓ If hosted on the cloud, cloud admin access is mandatory for plugin installation
- ✓ Sufficient funds in the connected bank account for test payouts
- ✓ Access to email for OTP during integration
Steps to Start
Follow these simple steps to get started with Canara Bank Connected Banking.
Download the Canara Bank Tally Plugin from tallykonnect.com
Add the plugin to your desktop Tally Prime
Register your company on Tally Plugin
Create a 2FA security M-PIN
Enable E-Banking in the Tally bank ledger
Create a consent ID on the Canara Bank website
Self-approve the consent ID via net banking login
Submit an offline application for consent ID approval at your branch
Check consent ID status until it shows as APPROVED
Start using Connected Banking
Frequently Asked Questions
Find answers to common questions about Canara Bank Connected Banking for Tally.
What is connected banking?
Connected banking means linking your bank with an external app like Tally to perform banking transactions — check balance, make payments, and reconcile — all without leaving Tally.
Why do I need it for my business?
It saves time, reduces errors, and simplifies reconciliation — making your transactions faster and your accountant's job easier.
Can I use connected banking with other ERPs?
Yes. Connected banking can be used on any platform that integrates with your bank.
How do I start?
Follow the steps outlined in the "Steps to Start" section above to set up connected banking with Canara Bank.
Are connected banking transactions secure?
Yes. Transactions are protected with safe login, 2FA, and OTP verification.
If someone hacks my computer, can they access my bank account?
No. Access to your bank account is separate from the Tally plugin. Every transaction requires OTP and M-PIN confirmation.
Will I lose bank data if Tally crashes?
No. Bank data remains secure on the bank server; Tally errors do not affect it.
Does the service provider store transaction data?
No. Tally does not store transaction data, as per RBI regulations.
Is my money safe when using this plugin?
Yes. Payments require OTP confirmation, ensuring complete security for every transaction.
Where can I track my transactions?
Contact Canara Bank's helpline for tracking transactions, or use the mini statement feature within Tally.
Who provides support for plugin transactions?
TallyKonnect.com provides support for transactions made via the plugin.
What are the key benefits of using the Tally plugin?
Pay any Tally master without adding them as a bank beneficiary, send IMPS/NEFT/RTGS directly after creating a voucher, automatic reconciliation in Tally, and generate bank statements directly in Tally.
What are the charges?
The first 15 days are free. Afterwards, affordable annual plans are available.
Are there extra charges for transactions?
No extra bank charges for transactions via the plugin.
Will this work on older Tally versions?
Yes. The plugin supports Tally ERP 9 (Version 6.6.3+) and Tally Prime (Versions 2.1 to 6.0).
Who do I contact to start?
Call TallyKonnect support at 7290982657 or 9311527198.
Who is TallyKonnect?
TallyKonnect is an authorized private entity offering connected banking services exclusively for Canara Bank on the Tally platform.
How do I secure my account if an employee leaves?
Change the M-PIN or email password. Each login is secured by OTP and M-PIN, so unauthorized access is prevented.
Is pricing based on users or companies?
Pricing is per company — no extra charge for multiple users.
Ready to Transform Your Banking Workflow?
Connect your Canara Bank account with Tally in minutes. Our team will guide you through the entire setup.
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