I often need to share bank statements with lenders, and I have noticed both Net Banking PDF downloads and the AA framework are used. Which one is actually faster when it comes to getting statements?
When applying for loans, credit cards, or ESOP funding, financial institutions typically ask for bank statements. Traditionally, users downloaded PDFs via Net Banking and uploaded them manually. With the Account Aggregator (AA) framework, lenders can fetch statements directly after user consent. The key question many people have is which method is quicker. Based on real experiences, here’s how users have compared both.
Comparing Account Aggregator vs Net Banking PDF download speed:
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From my own use, AA turned out to be much faster than Net Banking. When I gave consent for a loan application, the AA system fetched six months of statements in less than a minute. In comparison, logging into Net Banking, selecting dates, downloading, and then re-uploading PDFs used to take me around 10–15 minutes.
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A friend of mine pointed out that Net Banking works fine for one or two statements, but when lenders ask for multiple accounts or longer time periods, it becomes painfully slow. He said AA solved this by fetching everything at once, whereas downloading multiple PDFs manually took him nearly half an hour.
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My colleague mentioned that while Net Banking is usually reliable, some banks’ PDF downloads fail if the portal is under maintenance. On the other hand, AA requests, once approved, consistently delivered the data without retries. He felt this consistency made AA not only faster but more dependable.
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On a finance forum, users shared that AA is almost instant for most banks, while Net Banking varies depending on portal design. Some said that even if Net Banking is quick, they still had to convert the PDFs to acceptable formats for lenders, which added extra steps. AA eliminated this formatting hassle.
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On Reddit, I read that some users still preferred Net Banking for personal control, but even they admitted AA was faster when lenders supported it. One user mentioned that his AA request completed in under 30 seconds, whereas his Net Banking portal timed out twice during PDF downloads.
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hey chirag i think whatevr documents are given by AA, that will only nbe there after taking user consent
simple answer is AA but the system needs to be ready for deployment and operational if not the legacy method still works of PDF upload
thank you for replying i had to much confusion about this stuff