Loan Management System Essay Example for Free

Loan way agreement EssayThe Traditional way of maintaining details of a user in a avow was to enter the details and record them. Every time the user need to perform some transactions he has to go to bank and perform the necessary actions, which may not be so possible all the time. It may be a hard-hitting task for the users and the bankers too. The project gives square life discernment of Online Banking System and activities performed by various roles in the supply chain. Here, we provide an automation for banking system through Internet. Online Banking System project captures activities performed by different roles inreal life banking which provides enhanced techniques for maintaining the required information upto-date, which results in efficiency. The project gives real life understanding of Online Banking System and activities performed by various roles in the supply chain. field of the ProjectThis Project investigates the entry threshold for providing a new transactio n service channel via the real options approach, where the entry threshold is established by using an Internet banking system designed for the use of convention users(individuals), Industrialists, Entrepreneurs, Educational Institutions(Financial sections), Organizations and Academicians under transaction rate uncertainty.Customer must have a valid exploiter Id and password to login to the system If a wrong password is given thrice in succession, that depict willing be locked and the customer will not be able to use it. When an invalid password is entered a warning is given to the user that his account is going to get locked. After the valid user logs in he is shown the list of accounts he has with the bank. On selecting the desired account he is interpreted to a rapscallion which shows the present balance in that particular account number. user washstand request for the details of the brook n number of transactions that he has performed. A report can as well as be set abo utn of this.User can make a funds transfer to another account in the very(prenominal) 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 appear to the customer, in topic it is unsuccessful, a proper message should be given to the customer as to why it failed. User can request for cheque book/change of address/stop payment of cheques User can view his monthly as well as annual statements. He can also take print out of the same. Generate reports at every sectionAdministrator can take a back up of the database for every instance that is happening, periodically. All users are authenticated to avail the serve FAQ section is also included for end users benefit.