Banquier MF
CBS for D class microfinances.
System Information
System Architecture
- Central Database System based on Oracle RDBMS
- Multitier Architecture
- Web Based Application System
Application Security
- Roles and Privileges based on Departmental Functions
- Exposure to modules based on privilege only
- Maintaining log of all activities
- Audit trail of modified/deleted data
- Auto log off of the unattended system
Password Security
- Enforced Strong Password Combination
- Strongly Encrypted Password
- Periodic Password Change Rule
- Initial change of password provided by admin
Ledgers Management
- User definable Organizational Chart of Accounts
- Centrally controlled Ledger Heads
- User designable special vouchers in a voucher transaction
- System automation for opening of transaction ledgers
- Easily customizable entry for voucher transactions
- Real time reflection of all transactions in the system
Account Management
- Multiple financial accounts based on their maintenance and operation modes
- Capable of designing wide varieties of banking accounts with scheduled collections (Recurring Deposit) and or disbursements or both.
- Easy managablle Agency (Bank) Accounts, Placement, Lending, Borrowing, Receivables, Payables and other Office Accounts
Variable Products and Schemes
- Multiple products can be opened under one account type according to the banking policy
- Based on configuration of the account type, different schemes can be defined
- Flexible schemes and any tailored scheme can be design for each product
- Better monitoring and management of customer schemes due to flexible system nature
- Flexible in switching between schemes or account types without closing any accounts
Varieties of Interest Modes
- Interest on Daily Closing Principal
- Interest on Daily Closing Principal Based on Principal Range
- Interest on Daily Closing Principal Based on Principal Movement
- Interest on Daily Closing Principal and Interest
- Interest on Daily Closing Principal and Miscellaneous Balance
- Interest on Daily Principal, Interest and Miscellaneous Balances
- Interest based on minimum balance
- Flexible on new interest schemes
Self managed customer accounts
- Deposit Accounts
- Loan Accounts
- Inter Bank Accounts
- Inter Branch Accounts