Banking

Virgo's Easy Banking solution is a futuristic On-Line Banking System capable of handling the operations of a bank. Easy Banking provides a complete new look at software solutions for banking.

Salient Features 

• On-line Transaction processing

• Truly and well defined single window system

• Interfaces to peripherals such as passbook printers, Scanners etc.

• Facility for inter-connectivity between Branches and Head office

• Extensively parameterized

• Field level context sensitive help available

• Facilitates easy on-line inquiry

• Exhaustive MIS reports

• Cheque Book maintenance including stop payments

• Provision for execution of Standing Instructions

• Printing of advices, reminders, statement of accounts, maturity patterns, over-dues available on-line

• Supplementary books, Cash Book, GL balance book, Profit & Loss statements

• Printing of FD receipts, Pass books, Share certificates

• Periodicity of Interest application is flexible

• Provision of HOT-KEYS for faster operations

• We provides continuous on-going development whereby we incorporate the latest RBI directives are incorporated in the system

Functionalities

• Saving bank accounts

• Current Accounts

• Cash Credit / Overdraft Accounts

• Loans And Advances

• Term Deposits

• Clearing

• Cashier Operations

• Photo and Signature Storage with Retrieval

• Bills

• Pay Order

• Standing Instructions

• Pass Book & Receipt Printing

• Safe Deposits Lockers

• General Ledger / Daybook

• Shares

• Inter-branch Connectivity

• Inter-branch Reconciliation

Benefits

• Increase in Customer satisfaction through quick and value added services

• Any operation can be carried out at any window leading to Customer satisfaction

• Bank will develop a strategic branch network

• Computerization will provide improved Asset Management and reduction in NPA

• Bank will have better resource utilization

• Increase in operational efficiency

• Decision making of bank management will be quick and information based

• Up gradation of skill of employees

• Bank can provide personalized services to the customer and shall mark a position with the competitors

• Better monitoring of Sources and Deployment of funds

• Enlightened Share Holders

• Employees technologically upgraded

• Minimum data entry is required for any transaction

• Day Opening and EOD Closing inclusive

• Opportunity for better Time Utilization