Simplifying problems by
providing correct solutions

 Financial Inclusion Solution

The Indian economy is among the fastest growing economy in the world even when the majority of its population resides in rural areas. The rural population is usually poverty ridden and though India has such a strong financial system it has been evident that financial awareness has not been able to penetrate into the rural sections of the society. Getting the rural population into the purview of the banking sector is one of the first steps to promote development and financial inclusion facilitates the same. With RBI laying down the guidelines for Banks to cover all the villages of India under financial inclusion bank required outsourced service providers to provide robust technology and set up human ATM – Business Correspondent networks.

Manipal Technologies Ltd. provides integrated outsourced Financial Inclusion solution to Banks to facilitate the Financial Inclusion drive. Our robust and scalable technology platform ensures that difficult task of achieving high service levels at the rural levels is made considerably easy.  The built in security systems along with the disaster recovery systems ensure that all the transactions are secure. The technology meets the requirements of interoperability and can be integrated to any existing CBS system at the bank end and any front end interface. To provide a complete suite of services we also offer BC management services – which include recruitment, training and managing the BC field operations for the bank.

Banks expect a high service level to be offered by the BCs, a secure environment for transactions and a quick turnaround time for setting up the BC network. Our technology and its components like the HHTs/Middleware ensure that a good service level is maintained in a secure environment. Our prior operations experience allows us get the BC network operational in optimal time lines.