About Bank Statement Converter | BankStatementConverterAI (bankstatementconverterai.online)
Bank Statement Converter is a simple, easy-to-use tool for converting PDF bank statements, credit card statements and more than ten other types of financial documents — including invoices, passbooks and account statements, ledger reports, TDS reports, GST reports, cash books, loan repayment schedules, EMI schedules, investment statements, mutual fund statements, capital gains reports, portfolio statements, stock holding statements, superannuation and pension fund statements, expense reports, tax statements, purchase registers, sales registers, vendor statements and customer statements — into exact CSV or Excel files.It helps finance professionals, especially accountants, bookkeepers, CAs, CPAs and other financial specialists, get a clean spreadsheet they can easily reconcile and use to plan their calculations.I started this tool on 30 September 2025 after running into a calculation problem with my own credit card statement and hundreds of transactions that I would otherwise have had to copy and paste into Excel.
Why I created BankStatementConverterAI
Halfway through 2025, I needed to review my spending, so I downloaded my credit card statement. It arrived as a PDF, just like it does every month in my inbox. The first thing that surprised me was the hundreds of UPI transactions — in India, almost every small payment is made by UPI. I started looking for a tool that would let me see all the amounts and transactions in Excel.At the same time, I was wary of using shady online tools, because most of them felt unreliable, and the enterprise-level options were far too expensive to justify for a one-off use like mine.That's how the idea came to life. At first, I built a simple tool to convert 10–15 page statements into an Excel file.As users started arriving and trying the tool, I looked at their experience and the bugs and issues they ran into, and began fixing and improving things for them.Slowly but steadily, and after a year of hard work, the tool became a complete solution for finance professionals. Today, BankStatementConverterAI can handle PDFs up to 150 MB, statements of 500+ pages and password-protected files.And that's how a tool I built for my own use became a product now used by 300+ registered users, with over 100,000 bank statements processed.
Pankaj Jasoria
Pankaj Jasoria – Founder of BankStatementConverterAI.OnlineHi! My name is Pankaj Jasoria, and I've worked in the web development industry for two decades. I have experience in IT, marketing, e-commerce and technology.Half of my career has been with startups here in India and the other half with international teams from the USA and Germany. I started out as a web designer, creative designer, UI designer, UI developer and frontend developer, and later became a team lead, tech lead and solution architect engineer.Over the years, I've built e-commerce, social networking and SaaS products, and managed enterprise-level projects.
Improvements
Version 1.0: — BankStatementConverterAI converted small 10–15 page PDF statements into Excel in one go; — accuracy was 97%; — it handled all major global banks.Version 2.0: — BankStatementConverterAI could handle 50 MB files, one page at a time; — accuracy reached 100%; — statements from major banks in the USA, Canada, the UK and Europe were added.Version 3.0: — BankStatementConverterAI could handle 150 MB files and statements of 500+ pages; — South Indian banks such as Canara Bank and Karur Vysya Bank were added.Version 4.0: — support for password-protected statements; — more banks from the USA, the UK and the EU, such as HSBC, Citi, Charles Schwab, Crimson, U.S. Bank, Mercury Bank, Halifax, Santander, Desert Financial, NatWest, Danske, Airwallex, Suits Me and many more.Version 5.0: — more banks from Australia and the Middle East, — such as Rakbank, PWC Annual Statement, Mashreq, Attijariwafa and many more.Version 6.0: — support for more financial documents, such as TDS reports, ledger reports, GST reports, cash books, loan repayment schedules, EMI schedules, investment statements and more.Version 7.0: — more banks from India, — HDFC, ICICI, Airtel, Axis, Kotak, SBI and more; — 100% accuracy across all supported financial documents.
Privacy
I treat every user's data and information as carefully as my own, with full security and a zero-data retention policy.A few best practices I follow to keep your data safe:1. Uploaded files are deleted immediately once the conversion is complete.2. No files are stored on disk or in the cloud after conversion.3. No passwords are stored for password-protected PDFs; the password is handled in the browser itself.4. All communication is encrypted using HTTPS.5. Roughly every 30–45 days, all data stored in the database is removed.Please read my Privacy Policy and Security Protocol to see how your documents are processed and how your data is handled. If you have any questions, run into issues converting your statements or want to suggest an improvement, feel free to get in touch.Thank you for taking the time to get to know me!
