A few months ago, I opened my bank statement and spotted a small credit of ₹1 from Decfin Tech Private Limited. My first thought was simple: who sends a stranger one rupee? A little digging showed me that this small transaction usually comes from a penny test.
Financial platforms use penny drop verification to verify a bank account before they send larger payments like loan disbursements, refunds, salaries and investment withdrawals. They check your account details during onboarding, and some of them send ₹0.01 instead of a full rupee.
On paper, Decfin Tech Private Limited is an active, Bengaluru-based private company in Karnataka, India, closely linked with the Decentro brand. YNOS describes it as a fintech company that builds secure online payment systems, merchant payment solutions and transaction infrastructure for merchants and customers.
Decfin Tech Private Limited
I like to keep the basic facts in one place, so here is a quick snapshot. FinCrif lists the business under RoC Bangalore, and the YNOS startup profile adds the business side of the picture.
| Particular | Details |
| Company Name | Decfin Tech Private Limited |
| CIN | U67120KA2022PTC160075 |
| Company Type | Private Limited |
| Company Status | Active |
| Incorporation Date | 15 April 2022 |
| ROC | RoC Bangalore |
| State / Country | Karnataka, India |
| Listing Status | Unlisted |
| Company Category | Company Limited by Shares |
| Sector | Fintech / Online Payments |
| Founders and Directors | Pratik Shirish Daudkhane, Rohit Taneja |
| Services | Payment infrastructure, transaction processing, settlement and IT solutions |
I pulled these details from third-party sources, so I suggest a quick check on official records before you rely on them for anything formal.
About Decfin Tech Private Limited / What Does It Do?
The formal registry classification of Decfin Tech Private Limited and its everyday work tell two slightly different stories. FinCrif puts it under Finance, while ZaubaCorp shows NIC code 6712, which covers security dealing activities and financial-market-related activities.
Newer company profiles, however, connect the business with digital payment solutions and the Decentro brand. I treat the registry label as the legal tag and the profiles as a picture of what the team actually builds.
In practice, Decfin Tech Private Limited works in the fintech and online payments sector. The YNOS startup profile says it builds the infrastructure for seamless transaction handling, from processing to settlement.
Its work covers online payment systems, payment infrastructure and transaction settlement. It also handles customer support, grievance resolution and merchant-customer dispute management, along with software and IT-based business solutions for merchants.
Decfin Tech, Digital Payments and the Fintech Sector
Digital payments need more than moving money from one account to another. Payment platforms depend on technology and infrastructure to process transactions, manage settlements and look after their users.
The Company Check places Decfin Tech Private Limited in financial services and digital payment solutions. I see it less as a conventional financial institution and more as a provider of technology services inside the fintech ecosystem of India.
Still, a company name on a bank transaction does not tell you the full reason behind it. I always tell friends to look at the transaction reference first and then think about where they recently shared their banking details.
Incorporation Date / When Was Decfin Tech Founded?
The founders incorporated Decfin Tech Private Limited on 15 April 2022, and all the public company databases I checked show the same incorporation date. That makes it a young player next to the long-established financial-services companies of the country.
Since its establishment, the business has stayed close to the digital-payment ecosystem. In my view, entering fintech at that time gave the team a strong push, since digital payments were already growing fast.
Registered Office / Decfin Tech in Bengaluru
Public records place the registered office of Decfin Tech Private Limited in Binnamangala, Indiranagar, Bengaluru, Karnataka. FinCrif shows No. 421/J Binnamangala, while Tofler and QorpIQ show 461, 1st Floor, Shri Krishna Temple Road.
Company addresses change over time, so I always check the official MCA records before I use a registered address for any legal or commercial purposes. Bengaluru also makes sense as a home base, since it ranks among the biggest technology and startup centers in India.
Directors / Founders of Decfin Tech Private Limited
Public company records name two directors for the company: Rohit Taneja and Pratik Shirish Daudkhane. The YNOS profile goes a step further and calls them the key founders as well as the directors of the company.
CIN of Decfin Tech Private Limited
The company’s CIN reads U67120KA2022PTC160075, and I found the same number on FinCrif, ZaubaCorp and Tofler. The Ministry of Corporate Affairs gives every company on its register a unique identification number like this.
The company sits with the Registrar of Companies, Bangalore, under registration number 160075, and it holds a live Legal Entity Identifier (LEI) record. It operates as a non-government private company, and its shares do not trade on any stock exchange.
Authorized and Paid-Up Capital
Public data shows an authorized share capital of ₹1 lakh for the company. The paid-up capital changes from site to site because each one uses different filing dates; ZaubaCorp, for instance, shows ₹25,920.
The Company Check also reports ₹3.87 crore in revenue for FY 2025. I treat such third-party databases as a rough guide and rely on the latest MCA filings and official financial filings for anything serious.
Why Payment Infrastructure Matters
Every tap on “Pay Now” sets off a chain of steps that most of us never see. A good payment infrastructure handles payment initiation, payment confirmation, record management and dispute resolution.
When all these parts work together, businesses offer smoother payment experiences to their buyers. A busy online store with hundreds of daily orders gains the most from this kind of backbone.
What Is a Penny Test?
A penny test is a small-value bank transaction that checks whether a bank account is real and working. In a classic penny drop verification, a business sends about ₹1 to the account you share.
Decentro describes it as an INR 1 payout to the beneficiary. Some platforms send a ₹0.01 micro-deposit instead, and the goal stays exactly the same. The check confirms bank account validity, spots an inactive account and pulls account holder details. The business then matches the registered account holder name with the details you gave.
How Does Penny Drop Verification Work?
During on boarding, you share your bank account number and IFSC code, and some flows also ask for a UPI ID. The financial platform then sends a verification request to its bank-account verification service through APIs.
The service sends a tiny amount to the beneficiary account through IMPS. The receiving bank returns the account status and account-holder information, and the platform approves the account if everything matches. The whole process runs automatically and usually finishes within seconds, so most people never notice it beyond the tiny credit in their account.
Why Do Businesses Use Penny Drop Verification?
Lending platforms use it before loan disbursements, and investment platforms and brokerage platforms use it before withdrawals. Companies that handle payroll verify employee bank details before they credit salaries.
Insurance providers confirm details before claim payments, while marketplaces and gig platforms check every seller or freelancer before they release earnings. Payment platforms also validate merchant settlement accounts to cut down payout failures.
The benefits are practical. The check reduces payment errors, adds fraud prevention and brings faster onboarding through API-based verification, with no manual account checks or paperwork. Decentro even offers bulk bank-account validation for large-scale verification.
Penniless and Reverse Penny Drop Verification
Penniless verification checks the account without any fund transfer, depending on what the beneficiary bank supports. Reverse penny drop, which Decentro calls PennyPull, flips the process around.
In this method, the user authorizes a small payment through a UPI-based flow. It confirms account ownership, fetches linked bank details and proves account control.
| Feature | Penny Drop | Reverse Penny Drop |
| Transaction direction | Business sends money | User authorizes a payment |
| Common rail | IMPS | UPI |
| Main purpose | Checks bank account details | Confirms account control |
Why Did I Receive ₹1 From Decfin?
If you see a small payment from Decfin Tech Private Limited, think back to the last financial service or application where you typed in your bank details. In my case, I had signed up for a loan app that same morning.
People usually share bank information when they open an investment account, apply for an insurance service, set up a digital wallet or try another financial product. Platforms that use Decentro’s verification infrastructure send ₹1 to confirm bank details before any larger financial transaction.
So one rupee does not mean you should panic about an account compromised by fraud. Still, nobody should pin a specific transaction on Decfin just because an online article or a database mentions the name.
What Should You Do If You Receive ₹1 From Decfin?
First, stay calm and ask yourself whether you registered on a financial platform recently. Then go through your recent loan, investment, insurance and wallet applications.
Next, open your banking app and read the transaction description and the transaction reference number. Match them with your recent financial applications to see whether the credit fits a verification process.
If something still feels off, contact the service provider or your bank. You can also reach Decentro’s support channel through its support email for clarification about an unexplained ₹1 credit.
Is Penny Drop Verification Safe?
Penny drop verification protects both sides before larger transactions. Still, I always pause before I share bank details with any app, check the platform’s terms and make sure the service is genuine.
Before you enter your account information, ask who wants it, why they need it and what transaction they plan to run. If an app refuses to explain this clearly, I treat that as a red flag and walk away.
Final Thoughts
After digging into this topic, I see Decfin Tech Private Limited in a much clearer light. A ₹1 or ₹0.01 credit usually signals a penny test that helps a financial platform check whether your account is valid and capable of receiving funds.
For businesses, this small transaction cuts payout errors and adds a smart account-validation step. For consumers, an unexpected small credit often points to a verification process tied to a service they used recently.
According to YNOS, this fintech company focuses on secure online payment systems, merchant solutions and transaction infrastructure. It also offers customer support for grievances and disputes, which matters a lot when a payment goes wrong.
FAQs
What is the Corporate Identification Number (CIN) of Decfin Tech Private Limited?
Decfin Tech Private Limited is registered under CIN U67120KA2022PTC160075 and falls under the jurisdiction of the Registrar of Companies (RoC), Bangalore.
Who serves on the board of Decfin Tech Private Limited?
A couple of alternatives for the last question, if you’d like variety: “Who are the current directors of Decfin Tech Private Limited?” or “Which individuals are on the board of directors at Decfin Tech Private Limited?”
Its CIN is U67120KA2022PTC160075, and it sits with RoC Bangalore.
Who are the directors of Decfin Tech Private Limited?
Public company records list Rohit Taneja and Pratik Shirish Daudkhane as directors, and YNOS names them as the key founders too.
Why did I receive ₹1 from Decfin?
The ₹1 most likely comes from a bank-account verification transaction that a financial platform started after you shared your bank details.
What is a reverse penny drop?
In a reverse penny drop, the user authorizes a small transaction from their own account through a UPI-based flow. This verification method helps confirm account control.
