'Loan Management System Essay\r'

'The Traditional manner of maintaining enlarge of a drug user in a bank was to enter the details and record them. Every time the user need to transact some legal proceeding he has to go to bank and perform the necessary actions, which may not be so feasible all the time. It may be a hard-hitting tax for the users and the bankers too. The project gives in truth life sentence savvy of Online Banking System and activities performed by various roles in the supply chain. Here, we provide an automation for banking ashes through Internet. Online Banking System project captures activities performed by different roles in\r\nreal life banking which provides enhanced techniques for maintaining the required information upto-date, which results in efficiency. The project gives real life reason of Online Banking System and activities performed by various roles in the supply chain.\r\nScope of the intention\r\nThis Project investigates the entry threshold for providing a sunrise(preno minal) feat service channel via the real options approach, where the entry threshold is established by using an Internet banking system knowing for the use of normal users(individuals), Industria leans, Entrepreneurs, Educational Institutions(Financial sections), Organizations and Academicians under(a) transaction rate uncertainty.\r\nCustomer moldiness have a reasoned substance abuser Id and password to login to the system If a aggrieve password is given thrice in succession, that sum uping will be locked and the guest will not be fitting to use it. When an invalid password is entered a warning is given to the user that his calculate is going to get locked. After the valid user logs in he is shown the list of covers he has with the bank. On selecting the desired account he is taken to a summon which shows the present balance in that limited account bod. user arse put across for the details of the last ‘n’ number of transactions that he has performed. A cross can besides be taken of this.\r\nUser can make a funds transfer to another account in the same bank. User is provided with a transaction password which is different from the login password. User can transfer funds from his account to any other account with this bank. If the transaction is successful a notification should get along to the customer, in case it is unsuccessful, a prim message should be given to the customer as to why it failed. User can request for substantiation book/ interchange of address/stop payment of cheque’s User can go out his monthly as well as annual statements. He can also take print out of the same. overprotect reports at every section\r\n administrator can take a patronise up of the database for every instance that is happening, periodically. exclusively users are authenticated to avail the service FAQ section is also included for barricade users benefit.\r\n'