Infrasoft Technologies Limited
Legal Status of Firm
Limited Company (Ltd./Pvt.Ltd.)
Annual Turnover
Rs. 100 - 500 Crore
Indiamart Member Since
Sep 2014
Core Banking For Co-operative Sector Service
A modern, scalable technology platform with comprehensive features out-of-the-box Ready-to-deploy model for co-operative, rural, regional, micro and thrift banks Deployments across the globe including Africa & South East Asia Large market share in co-operative banking segment in India
By virtue of combined experience of two decades in India and overseas markets especially - Africa and South East Asia, working with cooperative, rural, regional, micro or thrift banks, we have perfected delivery model that factors in typical challenges of implementation in these segments ranging from IT literacy, legacy data issues, connectivity issues and resistance to process improvements.
Rural banks in India were established with a view to provide sufficient banking and credit facility for agriculture and other rural sectors and to include rural areas into economic mainstream given that a sizeable chunk of Indian population was of rural orientation.
We enjoy a large market share in co-operative banking segment in India having worked with Urban Cooperative Bank, State Co-operative Banks, District Co-operatives Banks and Credit Co-operative Societies. The same has been possible since we understand the challenges faced by each tier of the banks and address the solution by looking at the grass root problems.
Our Core Banking Solution thus addresses very unique requirements such as members owned entity & management, small & micro businesses focussing on regional competencies, large customer base engaged agriculture & related activities, remote location with no or unstable connectivity. Given our presence in similar rural and micro banking focussed regions, our solution is capable of providing a modern, scalable technology platform with comprehensive features out-of-the-box.
Our Core Banking framework developed for this class of banks easily integrates unique requirements such as shared ownership, interest subvention, micro-savings products, and finance products that suite agricultural, farming, small-scale, handicraft & artisan businesses. Core Banking Solution for State Co-operative banks, District Central Co-operative Banks and Primary Agricultural Credit Societies
In the co-operative banking hierarchy in India, the finance flows from a State Co-operative to District Central Co-operatives (DCCB), which form the prime credit facilitator at a district level and Primary Agricultural Credit Societies (PACS) form the end-point to which credit needs to be delivered.
OMNIEnterpriseTM Core Banking Solution for this segment carries some unique features to enable the banks to provide differentiated finance tools to support the agricultural economy, track the credit flow and measure & report outcomes.OMNIEnterpriseTM Core Banking Solution for State Co-operative Banks and District Co-operative BanksIt is a proven solution with successful implementations pan-India. The solution allows the banks to offer retail as well as business oriented products & services and more importantly, provide a backbone for the financial inclusion objectives. It is developed on modern technologies and architecture that is suitable for this segment that operates largely in remote, rural areas.
The solution addresses the pain points of this segment by removing customer duplication, providing customer insights, maintaining data integrity, processing real-time updates and providing comprehensive compliance reporting.
Product Details
Company Details
Product Description
By virtue of combined experience of two decades in India and overseas markets especially - Africa and South East Asia, working with cooperative, rural, regional, micro or thrift banks, we have perfected delivery model that factors in typical challenges of implementation in these segments ranging from IT literacy, legacy data issues, connectivity issues and resistance to process improvements.
Rural banks in India were established with a view to provide sufficient banking and credit facility for agriculture and other rural sectors and to include rural areas into economic mainstream given that a sizeable chunk of Indian population was of rural orientation.
We enjoy a large market share in co-operative banking segment in India having worked with Urban Cooperative Bank, State Co-operative Banks, District Co-operatives Banks and Credit Co-operative Societies. The same has been possible since we understand the challenges faced by each tier of the banks and address the solution by looking at the grass root problems.
Our Core Banking Solution thus addresses very unique requirements such as members owned entity & management, small & micro businesses focussing on regional competencies, large customer base engaged agriculture & related activities, remote location with no or unstable connectivity. Given our presence in similar rural and micro banking focussed regions, our solution is capable of providing a modern, scalable technology platform with comprehensive features out-of-the-box.
Our Core Banking framework developed for this class of banks easily integrates unique requirements such as shared ownership, interest subvention, micro-savings products, and finance products that suite agricultural, farming, small-scale, handicraft & artisan businesses.
In the co-operative banking hierarchy in India, the finance flows from a State Co-operative to District Central Co-operatives (DCCB), which form the prime credit facilitator at a district level and Primary Agricultural Credit Societies (PACS) form the end-point to which credit needs to be delivered.
OMNIEnterpriseTM Core Banking Solution for this segment carries some unique features to enable the banks to provide differentiated finance tools to support the agricultural economy, track the credit flow and measure & report outcomes.
It is a proven solution with successful implementations pan-India. The solution allows the banks to offer retail as well as business oriented products & services and more importantly, provide a backbone for the financial inclusion objectives. It is developed on modern technologies and architecture that is suitable for this segment that operates largely in remote, rural areas.
The solution addresses the pain points of this segment by removing customer duplication, providing customer insights, maintaining data integrity, processing real-time updates and providing comprehensive compliance reporting.
About the Company
Seller Contact Details
Unit 904, 9th Floor Ackruti Star, Central Road MIDC, Mumbai - 400093, Maharashtra, India
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