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Delete Electronics

Autor:   •  November 14, 2016  •  Thesis  •  4,182 Words (17 Pages)  •  670 Views

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Changing the banking concept using modern device provided by our company,  DELETE

Objective: Feeling a certain amount of animosity towards rushing to the bank and wait for hours instead of an amble over a chat with your family and friends? Then here is a dexterous solution for you, why not bring the bank in your own house and finish off your banking stuffs in a glimpse in anytime of the day or the week or the month or the year you want. Yes it is really nice to abase the adamant deadlines and have things done in seconds and without much ado. We are thinking of such an austere banking system where one can deposit cash and pay bills sitting on his very own armchair. Good news for those students also who want to save a little amount of his pocket money and buy themselves the stuffs they strongly long for, with a decent amount of loans from the bank.

Product Specification: Hate standing in a line to deposit your cash? DELETE will be your personal cashier. Name it, and DELETE does it. Here’s how:

         A small (20cm*10cm*8cm approx.) GPS installed portable device provided acts as the cardinal of the whole concept. One has to collect it from the nearest bank branch or can directly buzz the agent to deliver it at his doorstep and have his account opened in the bank. The basic concept of the device is inspired by the piggy bank, but it is far more worthy and important. It does not accept coins but notes. If a note is put on it, it will check whether it is original, if yes then it will keep a track of its size and the unique number on right top corner of each note and it will take the note in it automatically. Now the device will send the details of the note it has just taken in to the bank. Only the bank officials are able to open the box and take out the money. If someone tries to break into the device or tries to get the notes out of the box forcefully the bank is notified automatically. The vacant space within the box can store up to 200 notes ranging from the amount of rupees 10 to 1000, i.e. it can store up to 200000 rupees.  Now one does not need to run to the bank time and again, just put the note on the device and the money is virtually deposited in your account. You can take device to the bank and hand over the notes or ask the bank agents to do the same so that you don’t need step out of the door on busy Wednesday morning, then the amount in your virtual account will be transferred to the original account. You can check the status of your virtual account online or just send a free sms to do the same.

Now let illustrate the process with an example: suppose you want to deposit 5000, and you have four 1000 rupees notes, two 500 rupees notes. Now put a note on the device, say a 1000 rupees note with number xx627843 on it, the device will take the note in and show the value of the note and the number on it, also it will forward the same information to the bank. Now follow the steps for the rest of the notes also. Now check your virtual account online:

DATE

TIME

NUMBER

AMOUNT

17-02-2013

17:51

xx548896

500

17-02-2013

17:53

xx618705

100

23-05-2013

21:42

xx627843

1000

23-05-2013

21:44

xx356671

1000

23-05-2013

21:47

xx370981

1000

23-05-2013

21:50

xx340012

1000

23-05-2013

21:52

xx098826

500

23-05-2013

21:56

xx234239

500

TOTAL  VIRTUAL AMOUNT

5600

TOTAL ORIGINAL AMOUNT

10200

TOTAL

15800

...

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