Core banking software typically includes deposit, loan, and credit-processing capabilities, with interfaces to general ledger systems and reporting tools. It is high security of user personal data, user-friendly interfaces, and quick customer support.
This Core Banking Software has many features. See the below:
- Transactions processing
- Credits processing
- Loans processing
- Deposits processing
- Withdrawals processing
- Interest calculation
- Payments processing
Let see the advantage of core banking software service:
- Communication with Customers: If you need to communicate with the customers through SMS or email, then you can do it with this banking software. This communication will make it as easy to send a message to every customer as it is to send a single message to an individual.
- Online Banking Service: Nowadays most people cannot go to the bank every day to stay busy. For that, we have added an online banking service to this software. As a result, you can do online banking anytime, anywhere.
- Loan Management: Once a loan is approved and distributed, then next work will be the maintenance is a matter of calculations. Our banking software will handle the task of calculating interest, penalties, and determining the proper monthly payments.