digital banking and cash less economy

INDIAN BANKWelcome all of you

atNIT

Two Days WorkshopOn

VITTIYA SAKSHARATA ABHIYAN(An effort to promote Digital Economy)

Indian Bank-at one Glance…..• Established on 15th August 1907 as part of the SWADESHI movement

• Serving the nation with a team of over 20661 dedicated staff as on 30.09.2016

• Total Business crossed Rs.3,04,425 Crores as on 30.09.2016

• Operating Profit : Rs.1909.39 Crores as on 30.09.2016

• Net Profit : Rs.712.50 Crore as on 30.09.2016

• Core Banking Solution(CBS) in all 2604 branches as on 30.11.2016

• Information Systems & Security processes certified with ISO27001:2013 standard and is amongst very few Banks certified worldwide

• 100% Core Banking Solution(CBS) Branches

• 100% Business Computerization

Conti…..• 3207 Automated Teller Machines(ATM) as on 30.09.2016 • 24 x 7 Service through more than 2,27,960 ATMs under shared network • 439 Bunch Note Acceptors (BNAs) installed and branch transaction

migrated is 63.63%International Presence • Overseas branches in Singapore , Colombo including a Foreign Currency

Banking Unit at Colombo and Jaffna • 227 Overseas Correspondent banks in 75 countries • Specialized Banking • 95 Forex Authorized branches inclusive of 2 Specialised Overseas

Business Branch at Chennai and Bangalore.• 73 Special SME Branches extending finance exclusively to SSI units

Indian Bank in Haryana…..• Headed by Mr. Sandeep Kumar

Gupta(DGM/Zonal Manager)

Why the need of Cashless or Less Cash Economy…..

Plastic Money…..

Lounge Access at Domestic AirportsPersonal Accident Insurance CoverUnique Concierge Services5% cash back on utility bill paymentsUpto 1% surcharge waiver on fuelRs. 25 cash back on train ticket booking through irctc.co.in15% discount on minimum billing of Rs. 300 on food and beverages at Café Coffee Day

Credit Card…..

Indian Bank’s Technology Products…..

Indian Bank’s Technology Products…..Mobile Apps-IndPay …..

Features of IndPay…..

IB Smart Remote…..

Features of IB Smart Remote…..

IB Customer and Its Features…..

Features of IB Smart Remote…..

Indian Bank’s Scan n Pay/QR Code Facility…..

Benefits of SCAN n PAY…..

E wallets/Digital Wallets…..What is E wallets?????An electronic device, website, software system of database that facilitates commercial transactions by storing a consumer’s credit card, shipping address and other payment data.

Benefits to Consumers:- •Largely eliminate the need to carry a physical wallet.

•Makes easy and fasten your purchase

•Can be use to store loyalty card information and digital coupons.

Benefits to Companies:-•Companies come to about the purchasing habits of yours and accordingly more effectively they can market their products to individuals.

Key Features of Ewallets…..

• Get extra cash credit in your ewallet grater than the amount you paid for adding money

• Get flat % of discounts whenever you purchase- e.g.- flat 10% off on BookMyShow if paid using PayUMoney.

• Get Extra cash bank in % of amount for every purchase- e.g.- Get 10% cash back on paying your bill using Paytm.

• Get 4% Interest rate on using Indian Bank E-Purse Card.

Indian Bank E-Purse…..

POS of Sale…..

Our Charges…..

No Installation ChargesNo AMCNo Security DepositNo Hardware Cost

The Future of Payments…..

NUUP-USSD…..• UUSD is for those who don’t have Internet Connection or Smart

Phone• Simple and specified way to do transaction from your mobile

Advantages and User Menu of USSD…..Users’ USSD Menu

Adv

anta

ges o

f USS

D

Demonstration of NUUP-USSD

NAME CHANGED TO

Is currently available in 12 multi-lingual languages. The short codes to access the same are shown below.

English*99#

Hindi*99*22#

Tamil*99*23#

Telugu*99*24#

Malayalam

*99*25#

Kannada

*99*26#

Gujarati *99*27#

Marathi *99*28#

Bengali*99*29#

Punjabi*99*30#

Assamese

*99*31#

Oriya*99*32#

Aadhaar Enabled Payment System…..What can be done with AEPS is as follows:-• Balance Enquiry

• Cash Withdrawal

• Cash Deposit

• Aadhaar to Aadhaar Funds Transfer

The only inputs required for a customer to do a transaction under this scenario are:-

• IIN (Identifying the Bank to which the customer is associated)

• Aadhaar Number

• Fingerprint captured during their enrollment

Want to Know about AEPS…… Wait…..

Watch it

• Unified Payments Interface (UPI) is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood.

How is it unique? • Immediate money transfer through mobile device round the clock 24*7 and 365 days.

• Single mobile application for accessing different bank accounts

• Virtual address of the customer for Pull & Push facility for incremental security with the customer not required to enter the details such as Card no, Account number; IFSC etc.

• Best answer to Cash on Delivery hassle, running to an ATM or rendering exact amount.

• Merchant Payment with Single Application or In-App Payments.

• Utility Bill Payments, Over the Counter Payments, Barcode (Scan and Pay) based payments.

• Raising Complaint from Mobile App directly.

Unified Payments Interface (UPI)…..

Different channels for transferring funds using UPI? • Transfer through Virtual ID

• Account Number + IFSC

• Mobile Number + MMID

• Aadhar Number

• Collect / Pull money basis Virtual ID

Non-financial transactions via UPI App :- • Mobile Banking Registration*• Generate One Time Password ( OTP) • Set/Change PIN • Check Transaction Status• Raise Dispute/ Raise query

Unified Payments Interface (UPI)…..

UPI App Demonstration

• BHIM is an initiative to enable fast, secure, reliable cashless payments through your mobile phone.

• BHIM is interoperable with other Unified Payment Interface (UPI) applications, and bank accounts

Transaction Limits

Maximum of Rs. 10,000 per transaction and Rs. 20,000 within 24 hours.

Language supported

Hindi and English

Bharat Interface for Money(BHIM)…..

BHIM Supported Banks: Allahabad Bank

Andhra BankAxis Bank

Bank of Baroda Bank of Maharashtra

Canara BankCatholic Syrian Bank Central Bank of India

DCB Bank Dena Bank

Federal Bank

HDFC Bank -ICICI Bank IDBI Bank IDFC Bank Indian Bank

Indian Overseas Bank IndusInd Bank

Karnataka Bank Karur Vysya Bank

Kotak Mahindra Bank Oriental Bank of Commerce

Punjab National Bank BL Bank

South Indian Bank Standard Chartered Bank

State Bank of India Syndicate Bank

Union Bank of India United Bank of India

Vijaya Bank

Bharat Interface for Money(BHIM)…..

Other Technical Initiative by Indian Bank…..

Other Technical Initiative by Indian Bank…..

Conclusion…..No worry about

cashNow we are empowered

With Technology

and Digi-Banking

Corporate Office:-Address:-254-260, Avvai Shanmugam Salai,

Royapettah, Chennai – 600 014Phone No:- 044-2813-4300Write on:-indmail@indianbank.co.in

City Branch:- KURUKSHETRA MAINAddress:-S.C.O.NO.86/17, CITY CENTRE KURUKSHETRA Zonal Office: SCO 244 -245, FF & SF SECTOR-12URBAN ESTATE, KARNALWrite us on:- zokarnal@indianbank.co.inCall us on:-. 0184-2266358Marketing Dept.:- +91-8570003364