Best bank statement converters for Tally (2026)
Which bank statement converters publish a Tally export, what do they charge, and which ones check the rows against the printed balances first?
Last updated
Last checked October 2026. Deciding column: Tally XML. 5 tools listed, 1 left out as not published.
What the table shows
Five of the 26 converters checked in October 2026 publish a Tally export on their own homepage or pricing page: stmtai, ParseStatement, Lido, MintConvert and CleanStmt. TallyPrime imports vouchers through Alt+O, Import, Transactions from an XML file; a Tally CSV is a different route and the table says which each tool publishes. CleanStmt lists $19/month for 500 pages; $39/month for 1,200; $79/month for 3,000; credit packs at $19, $39 and $69 valid 12 months; all export formats and batch on paid plans; MintConvert lists Pro $19/month (listed at $29 with a discount applied); Free plan with unlimited single conversions and all export formats; bulk conversions on Pro. EasyLedger does not say on the pages read whether it publishes a Tally export, so it is left out rather than guessed. stmtai is in the list on the same terms, and so are its limits: 12-file batch cap, no MT940, BAI2 or camt.053 input, no analytics. Every cell below names the page it was read from; a value the site does not show is printed as not published.
- Tally XML. TallyPrime XML export: Receipt and Payment vouchers for Alt+O import, alongside Excel, CSV, QuickBooks and Xero.
- Non-expiring pack. $19 buys 100 pages that never expire, and no statement is charged more than 15 pages.
- API and email-in. REST API and email-in on every plan, including the free one.
- Your file. Deletion of your file starts when processing ends; results are kept 7 days with an account, 1 day without.
- Balance check. There is no per-bank template: every row is added up against the opening and closing balances printed on the statement, and a misread is flagged, not hidden. How the balance check works
Side by side
| Tool | Exports | Price | Free tier | Balance check | Your file afterwards |
|---|---|---|---|---|---|
| stmtai this site | Excel, CSV, QuickBooks, Xero, Tally XML, QuickBooks CSV src | $19 one time for 100 pages that never expire; $29/month for 300 pages; $99/month for 1,200 pages src | 5 pages with no account, then 10 pages a month with a free account; every export included src | yes src | Deletion of the uploaded file starts when processing ends; results kept 7 days with an account src |
| ParseStatement | CSV, Excel, Google Sheets (paid), OFX (paid), QIF (paid), QuickBooks CSV (paid), Xero CSV (paid), Tally CSV (paid), PDF review reports (paid) src | $9/month for 500 pages (Starter); $19/month for 1,500 (Growth); $39/month for 5,000 (Business); unused paid pages roll over up to twice the allowance src | 5 pages with no account, or 10 pages a day signed in; free pages reset daily src | not published | not published |
| Lido | Excel, CSV, QBO, Xero CSV, QIF, Tally XML, JSON, REST API src | $29/month for 100 pages, 1 user (Standard); $7,840/year for 42,000 pages with API and workflow access (Scale; the same page's FAQ says $7,000/year); Enterprise from $35,000/year; the converter page also quotes $119/month for 500 and $199/month for 1,000 pages src | 50 pages, no card src | not published | Documents are automatically deleted after 23 hours src |
| MintConvert | CSV, Excel, QBO, Xero CSV, OFX, JSON, Google Sheets, Tally XML, Zoho Books, FreshBooks src | Pro $19/month (listed at $29 with a discount applied); Free plan with unlimited single conversions and all export formats; bulk conversions on Pro src | Unlimited single conversions with all export formats src | not published | Zero-retention: the PDF is deleted on conversion and no transactions are stored src |
| CleanStmt | Excel, CSV, QIF, IIF, OFX, QBO, QFX, Tally, Xero, Sage 50 UK, Word src | $19/month for 500 pages; $39/month for 1,200; $79/month for 3,000; credit packs at $19, $39 and $69 valid 12 months; all export formats and batch on paid plans src | 2 pages a day with no signup, 6 a day with a free account; copy, Excel and CSV exports; files wiped in 1 hour src | not published | Source PDFs and images are not stored; results kept 7 days with a subscription or credit pack, deletable early src |
Values are as published on each tool's homepage or pricing page in October 2026; they may have changed. not published means those pages do not say.
Which to pick
stmtai: Statements only, with the balance proven before download, TallyPrime XML, and the API and email-in on every plan including the free one. 5 pages are free with no account, and the "Tally XML" column above is read from this site's own pages like every other row. Its limits: 12-file batch cap, no MT940, BAI2 or camt.053 input, no analytics.
ParseStatement: Indian bank and wallet statements (PhonePe, Google Pay, Paytm) at the lowest subscription price per page in this table. Price: $9/month for 500 pages (Starter); $19/month for 1,500 (Growth); $39/month for 5,000 (Business); unused paid pages roll over up to twice the allowance.
Lido: Teams extracting many document types (invoices, receipts, contracts, statements) with validation rules, SOC 2 Type 2 and HIPAA paperwork. Price: $29/month for 100 pages, 1 user (Standard); $7,840/year for 42,000 pages with API and workflow access (Scale; the same page's FAQ says $7,000/year); Enterprise from $35,000/year; the converter page also quotes $119/month for 500 and $199/month for 1,000 pages.
MintConvert: The widest export list in this table, including Tally XML, Zoho Books, FreshBooks and Google Sheets, with a free plan for single conversions. Price: Pro $19/month (listed at $29 with a discount applied); Free plan with unlimited single conversions and all export formats; bulk conversions on Pro.
CleanStmt: Pasting a screenshot of a statement from the clipboard, and a Sage 50 UK export. Price: $19/month for 500 pages; $39/month for 1,200; $79/month for 3,000; credit packs at $19, $39 and $69 valid 12 months; all export formats and batch on paid plans.
Try it on your own statement
5 pages free, no account. You will know in under a minute whether it balances.
Drop a bank statement to compare the result
PDF, scan or photo. Up to 12 files at a time.
Not ready to upload your own? See a sample result
Questions
Which of these can I try free?
Five of the 5 listed publish a free tier rather than a trial. stmtai: 5 pages with no account, then 10 pages a month with a free account; every export included. ParseStatement: 5 pages with no account, or 10 pages a day signed in; free pages reset daily. Lido: 50 pages, no card. MintConvert: Unlimited single conversions with all export formats. CleanStmt: 2 pages a day with no signup, 6 a day with a free account; copy, Excel and CSV exports; files wiped in 1 hour.
Does stmtai publish a Tally export?
Yes, as the table shows from this site's own pages. The things it does not do are listed too: 12-file batch cap, no MT940, BAI2 or camt.053 input, no analytics. The first 5 pages need no account, so the quickest check is to drop a statement in below and look at the result.
How were the tools chosen?
Each tool's homepage and pricing page were read in October 2026 and the values copied into one table with the URL they came from. A tool appears here when those pages state that it publishes a Tally export; EasyLedger was left out because its pages do not say. Nothing is ranked by opinion; the order is stmtai first, then the tools as they appear in the table.
How do I import the file into TallyPrime?
Click Tally XML. Money in becomes a Receipt voucher and money out becomes a Payment voucher. Each voucher has two ledger entries whose amounts add to zero. The XML names the bank ledger after the bank and the last four account digits (HDFC Bank 4821, for example). Its other side is a ledger named Statement Import Clearing. Both must exist in the company before you import: create them, or rename your existing ledgers to match. The full steps are on the Bank statement to Tally XML page.
Sources (October 2026)
Narrowed down
- Tally converters for US statements
- Tally converters for UK statements
- Tally converters for Canadian statements
- Tally converters for Australian statements
- Tally converters for Indian statements
- Tally converters for European statements
- Tally converters for Singapore statements
- Tally converters for UAE statements
stmtai compared with each
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