Rural Banking

Extending banking and branches to rural India is quite a challenge in itself. Growth of rural banking is curtailed due to the factors like irregular or intermittent power supply, connectivity issues, linguistic limitations and low-income population. These factors make the investments (fixed and operation) not conducive for setting up of a full-fledged branches. GoDB platform allows setting up of versatile and mobile branch that is empowered with Rural Banking solution.

GoDB's support for mobile platforms and its Synchronization Delivery Model powers rural banking solution that

• Work in Battery-operated computing devices like PDAs, Pocket PCs, Laptops.



• Vernacular support for Account enrollments.



• Signature capture for transactional verification.



• Interfaces with industry standard hardware like printers, smart card readers, touch screens, etc.

Moreover, GoDB technology helps not only to store the financial transactions securely in an embedded database but also seamless integrate with core Systems over a lower bandwidth connectivity.

Core features of GoDB based Rural Banking Solution is as follows:

• Route management for the Branch User to plan the course of action for the day -- Includes the visit plans to villages on a weekly / fortnightly basis.



• Accept new enrollments, provide instant enrollment receipts / Account holder cards*



• Log balance and Transaction statement enquiries -- provide printed receipts of such requests.



• Accept Savings / recurring / fixed deposits from rural customers



• Service Withdrawals, Account closures and re-openings.



• Provide micro loans / advances & collect interest, recover loans.



• Financial Planners & calculator utilities for easy management.



• Alerts on account closures, loan repayments, recoveries, deposit collections.