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Home Business Banking

Indian Bank MD & CEO SL Jain unveils digital initiatives with focus on customer convenience

In its digital transformation journey named Project WAVE, Indian Bank has redesigned critical banking processes and digital journeys.

by NavJeevan
2 years ago
in Banking, Breaking News, Business, chennai, Human Interest, Information Technology, Launchpad, National
Reading Time: 2 mins read
0
0
Indian Bank MD & CEO SL Jain unveils digital initiatives with focus on customer convenience

Indian Bank MD & CEO SL Jain unveils digital initiatives in the presence of Executive Directors Imran Amin Siddiqui, Mahesh Kumar Bajaj, and Ashutosh Choudhury on Wednesday. PHOTO: IB

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NE BUSINESS BUREAU
CHENNAI, SEPT 28

Public sector lender Indian Bank on Wednesday rolled out a bouquet of initiatives aiming to enhance customer experience. These initiatives were launched by SL Jain, MD & CEO, in the presence of Executive Directors Imran Amin Siddiqui, Mahesh Kumar Bajaj, and  Ashutosh Choudhury, along with other Senior Officials of the Bank.

In its digital transformation journey named Project WAVE, Indian Bank has redesigned critical banking processes and digital journeys. Taking its digital-first agenda forward, the Bank has launched digital products such as Home loan takeover (to offer customers the benefit of best pricing), Vehicle loan, MSME Loan up to Rs 25 crore, straight through processing of Pre- Approved Personal loan (Top-up) and Credit card (Existing to Bank) journeys. These journeys would significantly improve the customer experience with faster turnaround time.

  • In its digital transformation journey named Project WAVE, Indian Bank has redesigned critical banking processes and digital journeys
  • Indian Bank has partnered with India Post to offer National Savings Certificate (NSC) through its branches

Furthermore, Indian Bank has partnered with India Post to offer National Savings Certificate (NSC) through its branches. NSC is an Indian Government savings bond used for small savings with income tax benefits.

Bank has also introduced a facility through its mobile app: IndOASIS to book / cancel Flights, Hotels and Buses, enabling its customers to meet their travel needs. National Common Mobility Card (NCMC) management feature is enabled in Internet Banking to seamlessly allow Debit Cards to be used as a travel card in Metro Rail or Buses wherever NCMC facility is available. Bank has introduced voice notification feature in its Corporate Merchant App to enable multi-lingual support for the merchants providing operational convenience and saving the need for sound box.

Tags: Chennaicustomer convenienceDigital initiativesfocusIndian BankMD & CEOSL Jainunveil
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