TECHNOLOGY IN BANKING

INTERNET BANKING ATM

SMART CARDS THE FUTURE

Multi-application Smart Card y Channel of the future y Pilot project started y Pilot Project funded by MCIT, Govt. of India y The project is in progress in partnership with IDRBT, IIT Bombay, and Banks in India
y

PREPRE-REQUISITES FOR TECHNOLOGY

Human Resource Empowerment Business Process ReRe-engineering

Planning for Disasters

THE P E- EQUISITES ETECHNOLOGY

Planning for disasters
 

Increased operational risk Business Continuity Planning

Business Process Re-engineering Human Resource Empowerment

TECHNOLOGY & MONETARY SYSTEMS

Technology has: y Transformed the conduct of the payment and settlement system y Set the stage for an unprecedented growth in financial activity across the globe y Rendered more vulnerable the domestic payment system and financial stability to international shocks y making the conduct of monetary policy more complex and prone to implementation and operational risks

INTERNET BANKING
y

Axis bank presents corporate iConnect a unique Net banking platform for its current account customers. Available with multiple user IDs, depending on your needs. Access your account at any time of the day from anywhere you are.You can transfer funds to your own account s or to a third party account within AXIS BANK. Corporate iConnect also permits transaction initiation by one user and approval by another.You can also execute bulk payments like salary and commission across AXIS BANK network, right from your desktop.You can also pay your utility bills through our utility bill collection module provided under corporate iConnect.You can pay your Govt. taxes online through your current account with our Bank, presently applicable for direct taxes(income tax, corporation tax, TDS etc.), central excise & service tax and Chhattisgarh sales tax. Additionally, if you are an importer/exporter, you can make online payment of application fees and other dues for obtaining licenses/certificates from Directorate General of Foreign Trade(DGFT) through your account with our Bank.

MOBILE BANKING
y

With mobile banking from AXIS BANK, you can access your business account(s) anytime anywhere on your mobile phone.This facility is quick, easy and can be availed of 365 days a year. Facilities available to you under mobile banking are transaction alerts , which keeps you informed about significant transactions in your account and request facility wherein you can request for account balance, cheque status and last 3 transactions.

INTERNATIONAL ATM CUM DEBIT CARD

y

With every current account (for proprietary & partnership concerns), you can avail upto 2 ATM cum Debit cards, which allow you round the clock access to your account from any of all our ATMs all over the country. You can withdraw up to Rs. 40,000 a day subject to availability of balance. The Bank has also launched Business Gold Debit Card for the partners of small and medium enterprises and Directors of private limited companies with an enhanced cash withdrawal limit of Rs. 50,000/- per day subject to availability of balance.

FREE 24 7 TELEBANKING: BANK ON PHONE

y

Now your banking transactions are just a phone call away. Access your bank account 24 hours a day, 7 days a week at your convenience. Interactive voice response system (IVRS) will update you on your account and our banking products. You can also call for account statement over fax free of cost.

TECHNOLOGY AND BANKING

y

Tasks Common to Both

Banking

Information Storage Processing Transmission

Technology