Digital Balance Confirmation Portal (DBCP)

Bank of Maharashtra has partnered with PSB Alliance Private Limited (PSBA) to provide a seamless and secure mechanism to obtain Digital Balance Confirmation Certificates for all asset and liability accounts of the Customer (Auditee).

The DBCP platform serves as a single-window, fully digital solution, enabling customers / auditors to directly fetch verified balance confirmation certificate from Bank of Maharashtra.

Key Benefits

  • No physical visits or paperwork
  • Faster, secure, and error-free processing
  • Reduced processing time for both auditors and customers
  • Generate digitally signed balance certificate on bank’s letterhead (non-repudiable) in the standard template of balance certificate that was duly approved by ICAI and IBA.

How the Digital Balance Confirmation Portal Works

STEP 1: One Time Online Registration

  • One-time online registration on the portal.
  • Auditee (Customer): Entity registration and auditee (Customer) user creation.
  • Auditor: Auditing firm registration and auditor creation.
  • Multiple auditee (Customer) users and auditors can be created.

Note: User should have a mobile linked with Aadhaar or a DSC for registration

STEP 2: Bank Linkage by Auditee

  • Auditee to do bank linkage with each bank where assets/liabilities are maintained.
Note: Mobile number or email ID should be registered with Bank for OTP verification

STEP 3: Auditor Assignment by Auditee (Customer)

  • Auditee (Customer)to do auditor assignment for a particular auditing period.
  • There can be multiple auditors for the same auditing period.

STEP 4: Balance Certificate Request

  • Auditor can raise Balance Certificate request for auditing purpose.
  • Auditee(Customer)user can raise Balance Certificate request for own consumption (i.e. not for auditing purpose)
  • Balance Certificate can be raised for quarter-end dates only.
  • Separate Balance Certificate request for each linked bank

STEP 5: Consent and Payment by Auditee (Customer)

  • Auditee (Customer)user to give online consent for generating balance certificate and share with requestor (auditor or auditee user)
  • Auditee (Customer)user to do the payment for balance certificate transaction.
  • System generates Tax Invoice for successful payments.

STEP 6: Access to/Download of Balance Certificate

  • Respective auditor only can access/ download digitally signed balance certificate where the request was raised by him/her.
  • All auditee (Customer)users can access/download digitally signed certificate where request was raised by any auditee (Customer) user.

Click here for Screen Shots of Process Flow

Portal Link for All Requests

https://digitalbalanceconfirmation.com/

All Balance Confirmation Certificate requests must be submitted only through this portal.

Important Instructions for Customers

  • Applicable for all non‑individual account holders, such as Corporates, LLPs, Firms, Trusts, Banks, Proprietorships, etc.
  • Ensure your registered mobile number and email ID are updated to receive OTPs.

Helpdesk

Toll Free : 1800 899 4601, Email: helpdesk@digitalbalanceconfirmation.com