1. The list of banks which can be verified by bank account verification API,
Indian banks that are using the IMPS network issued by NPCI for the money transfer can be verified. 500+ banks including public, private, and cooperative banks can be verified with bank account verification API. Click on the link for a complete list of banks
2. How many characters of beneficiary names will be provided in response to the Bank account verification API?
According to NPCI's official document beneficiary bank can only return 20 characters this will include blank spaces as well as special characters.