A core banking system, allows retail banks to install management tools and other applications that help the banks serve their customers better and consequently retain more of them. Core banking systems also let banks deliver new services, such as e-banking, more easily and quickly. Such services can lead to new revenue streams and greater profitability for the bank.
Key Elements
Saving/Current/Time Deposits
Daily Deposits (Pigmy)
Advances (CC/OD and Loans)
Management Information System
Voucher Processing
Standing Instructions
Cheque Book
Auto NPA Marking
Safe Deposit Vault
Auto Deduction of TDS
Bills (Outward/Inward) and Remittances
Salient Features
Global Hotkeys to facilitate quick Customer Service
