People want money for personal and commercial purposes and banks are the oldest lending institutions in Indian scenario. They are providing facilities to all citizens for their own purposes according to their terms.
To survive in this modern market every bank implements various novel and innovative ideas, strategies as well as advanced technologies.
For that they give each and every minute detail about their institution and projects to public. They are providing ample facilities to satisfy their customers i.e. Net Banking, Mobile Banking, Door to Door facility, Instant facility, Investment facility, Demat facility, Credit Card facility, Loans and Advances, Account facility etc. And such banks get success to create their own image in public and corporate world.
This project has been developed to carry out the processes easily and quickly, which is not possible with the manuals systems, which are overcome by this software.
Creating and managing requirements is a challenge of IT, systems and product development projects or indeed for any activity where you have to manage a contractual relationship. Organization need to effectively define and manage requirements to ensure they are meeting needs of the customer, while proving compliance and staying on the schedule and within budget. The impact of a poorly expressed requirement can bring a business out of compliance or even cause injury or death.
Requirements definition and management is an activity that can deliver a high, fast return on investment. Thus, above features of this project will save transaction time and therefore increase the efficiency of the system.
