I applied for a loan from SBI Bank, and now that I’ve received the loan, I’m thinking of terminating my Anumati Account Aggregator access. Is it the right decision?
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Yes, it is generally safe to remove or unlink the Anumati Account Aggregator from your financial accounts after your SBI loan is approved, especially if the data sharing was for one-time verification during the loan application process. Account Aggregators like Anumati work on a consent-based model, meaning your financial data is shared only with your permission and for a specific purpose or time period.
Once your loan is sanctioned and no further data sharing is required, you can revoke your consent or deactivate the linkage via the Anumati app or dashboard. Doing so will stop any further data flow between your bank (like SBI) and the FIU (in this case, SBI’s lending system).
Just make sure:
- Your loan has been fully processed and disbursed.
- SBI or any other financial institution doesn’t require ongoing access for EMI monitoring or future top-ups.