Banking System Project - Aspire Trust

Introduction

The Bank Transaction and Loan Processing System Aspire Trust will be a web-based application that includes features such as account management, internal fund transfers, loan processing, and reporting. It is designed to modernize the bank's operations and enhance customer service .

System Features

• Customer Account Management

  Allows customers to open and manage checking and savings accounts, view real-time account status, and receive notifications .

• Fixed Deposit Management

  Enables customers to create fixed deposits linked to their savings accounts, with automated interest calculations .

• Transaction Management

  Supports deposits, withdrawals, and fund transfers between accounts, both online and via ATMs .

• Loan Services

  Facilitates loan applications, interest rate calculations, and loan management .

• Security and User Authentication

  Ensures secure access through user authentication, data encryption, and access control mechanisms .

• Branch-wise Reports

  Generates detailed reports on transactions and loan payments for each branch .

Technologies Used

• Frontend : HTML, CSS, JavaScript
• Backend : Flask
• Database : MySQL

Installation

1. Clone the repository

   git clone https://github.com/Group-02-CS3043/AspireTrust

2. Install the Virtual Environment

   cd WebApp && pip install virtualenv

3. Create a Virtual Environment

   python -m venv .

4. Activate the Virtual Environment

   • if you are using Windows

         .\Scripts\activate

   • if you are using Linux

         source bin/activate

5. Install the Required Libraries

   pip install -r requirements.txt

6. Run the Application

   python app.py

Contributors

• Yasantha Niroshan
• Shyamal De Silva
• Sithum Jeevantha
• Akindu Induwara
• Abisherk Sivakumar