BUSINESS REQUIREMENTS:
Searching Capabilities: For the account holder’s convenience and on hand information, this solution provides certain searching and checking features for his account. The account holder can any time and any number of times can log on and search for various details as the account’s balance, details of transactions, interest amounts, debits / credits, etc. The account holder will have his unique id and password for logging on to the account’s information.
User friendly: The solution provides very simple and modified features, which are very easy to view and operate various features. The said project is designed and organized in very simplified manner to suit the current requirements of the account holders of various models such as Saving Bank Account, Current Account and Recurring Deposit Account.
Transaction Management: The transaction made through either net or manually in bank need to have a consistency with respect to the account details and other related information like transaction details across various databases.
Value Added Service: The solution provides good number of value added services in comparison to the normal banking services. Account holder can view his accounts and give the instructions of making payment to various government organizations for various services. An account holder can issue the instructions to transfer certain amount to any particular account number of the same / different bank. Individual can log on to the site and open new bank account in his name online by following the simplified registration form instructions.
Security: The Net Banking system deals with a lot of proprietary information for its users, which are confidential. It is therefore imperative to provide a means though which information can be kept confidential. This is also ensures that the data that is put into the system maintains its integrity because malicious or unauthorized individual will not have access to alter them. The security is at two different levels, one at account holder and other at administrative level at the bank’s office. |