Embark on a New Journey of Bank Automation Through Connected Banking
Connect your Canara Bank account with Tally and MAKE TALLY YOUR BANK. Streamline your financial operations with real-time insights and secure transactions.
Key Features & Benefits
Discover how Connected Banking can revolutionize your financial management.
Real-time Balance Enquiry
Get instant updates on your account balance.
Mini Statement
Fetch mini statements with a single click.
Add Beneficiaries
Add beneficiaries directly from account masters.
Flexible Payouts
Payouts via IMPS / NEFT / RTGS.
Instant Confirmation
Receive instant transaction confirmation.
Secure Payments
Maker & checker options for secure payments.
Simplified Reconciliation
Save time and reduce errors with simplified bank reconciliation.
Bulk Payouts
Perform bulk payouts through file upload.
Salary & Vendor Payments
Save time and effort while paying salaries or multiple vendors.
Virtual Accounts
Add-on features like virtual accounts for automatic reconciliation of receipts.
Payout Notifications
Send payout notifications to payees via WhatsApp and email.
Ad-hoc & Ledger Payments
Make ad-hoc payments and ledger-based payments seamlessly.
Prerequisites to Connect
Ensure you meet the following requirements before setting up 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 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
1. What is connected banking?
Connected banking means linking your bank with an external app like Tally to perform banking transactions.
2. 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.
3. Can I use connected banking with other ERPs?
Yes. Connected banking can be used on any platform that integrates with your bank.
4. How do I start?
Follow the steps outlined above to set up connected banking.
5. Are connected banking transactions secure?
Yes. Transactions are protected with safe login, 2FA, and OTP verification.
6. If someone hacks my computer, can they access my bank account?
No. Access to your bank account is separate from the Tally plugin.
7. Will I lose bank data if Tally crashes?
No. Bank data remains secure on the bank server; Tally errors do not affect it.
8. Does the service provider store transaction data?
No. Tally does not store transaction data, as per RBI regulations.
9. Is my money safe when using this plugin?
Yes. Payments require OTP confirmation, ensuring security.
10. Where can I track my transactions?
Contact Canara Bank’s helpline for tracking transactions.
11. Who provides support for plugin transactions?
TallyKonnect.com provides support for transactions made via the plugin.
12. 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
- Generate bank statements directly in Tally
13. What are the charges?
The first 15 days are free. Afterwards, affordable annual plans are available.
14. Are there extra charges for transactions?
No extra bank charges for transactions via the plugin.
15. Will this work on older Tally versions?
Yes. The plugin supports all listed Tally ERP and Prime versions.
16. Who do I contact to start?
Call TallyKonnect support at 9717080648 / 9717090648.
17. Who is TallyKonnect?
TallyKonnect is an authorized private entity offering these services exclusively for Canara Bank.
18. 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.
19. Is pricing based on users or companies?
Pricing is per company — no extra charge for multiple users.
Ready to Connect?
Contact TallyKonnect support to get started with your bank automation journey.