Banking Services
In modern times there are many services that are offered by the banks. This is done so that more and more customers are attracted. Although there are some basic services as well which are offered by the banks. Thus, these basic services are common for all banks. In this article, we will help you understand some of the services of banks which are common across all the banks in India.
3–15 Days
Go-live time
100%
Customisation
Bank-grade
Security
Dedicated
Support
Banking Services for Every Growing Business
Retailers, CSP/BC agents and fintech platforms that want to offer basic banking services in their locality.
What You Get With Our Banking Services
Cash deposit and withdrawal
AEPS, Micro ATM and money transfer
Account opening assistance
Balance enquiry and mini statement
Bill payments and recharges
Commission wallet and reports
How Banking Services Helps Your Business Grow
- Become a mini bank in your area
- Multiple income sources from one counter
- Serve customers who lack bank access
- Build long-term customer trust
500+
Happy clients in India & worldwide
Funds Remittance
In this facility, banks provide the customers to transfer their funds from one account to another using cheque, drafts, etc.
Debit Cards
Debit cards withdraw the funds electronically from the cardholder accounts. To verify the transaction and keep it safe all the debit cards requires personal identification number (PIN).
Services of Banks services which bank provides
- Advancements of loans
- Cheque payments
- Discounting on bills of exchange
- Collecting and paying the credit instruments
- Guarantee by banks
- Consultancy
- Credit cards
- Funds remittance
- Debit cards
Advancements of loans
Banka runs on the profit they make. They are into the business of making profits. So, to generate the profit they give loans to the public and private organizations.
Thus, in return, they get an interest paid to them which helps them in making a profit. Banks need to keep a minimum cash reserve with them.
So, after deducting this cash reserve, banks provide short, medium, and long-term loans to the people who are in need of it.
Cheque Payments
The person who holds an account in the bank is provided with the cheque pads.
Thus, the account holders draw cheque upon the bank when they are required to pay the money.
So after verifying formally, banks pay for the cheques and proceed with the official procedures.
Discounting on bills of exchange
This is another popular services of banks for lending the money. In this method, the person who holds the bill of exchange gets it discounted by the bank in exchange for a bill.
The creditor gives the payment to the debtor who accepts it and agrees that the amount shall be paid upon maturity. Once the marginal deductions are made the bank pays the value to the holder of the bill.
After that, when the bill is matured the banks get their payment from the person who has accepted the bill.
Collecting and paying the credit instruments
For modern purposes, there are a variety of instruments that are used as credit instruments. This includes promissory notes, bill of exchange, cheques, etc.
These instruments are dealt with by the banks. The banks are responsible for collecting and paying the different types of credit instruments.
These credit instruments are the representative of the customers.
Guarantee by Banks
In modern banking, customers are provided with the guarantee by the banks. This happens mostly when the customers have to deposit a large fund in courts or government offices for various reasons.
The banks itself acts as a guarantee for that person.
Consultancy
Modern banks expand their businesses and also provides consultancy services to its customers.
For this, they hire legal, financial, and market leaders and experts who can provide advice to customers regarding industry, income, trade, investment, etc.
Credit Cards
It is a service that allows the holders to make the purchase of the goods and services in exchange for a credit card.
It immediately pays off for the services and goods while the cardholder is required to pay back the amount over a period of time with a certain percentage of interest.
How We Deliver Banking Services
Understand
Your Requirements
Plan & Strategy
Scope, timeline & tech
Design & Develop
Agile development
Test & Launch
Quality checked delivery
Support & Grow
Long-term partnership
Why Choose Qrologic for Banking Services?
Business First
We understand your business objective before choosing technology, architecture or features.
Scalable Engineering
Our solutions are structured to grow with increasing users, data and business complexity.
Agile Delivery
Transparent development cycles help you track progress and adapt as your product evolves.
Technical Expertise
Experienced professionals across web, mobile, cloud, software and emerging technology.
Post-Launch Support
We continue to support, monitor and improve your digital product after launch.
One Reliable Partner
Design, development, integrations and technology support under one roof.
Frequently Asked Questions About Banking Services
What is included in Qrologic's Banking Services?
Our Banking Services includes requirement analysis, setup or development, customisation to your business, testing, deployment, training and ongoing technical support from our Jaipur team.
Can Banking Services be customised for my business?
Yes. We customise features, branding, workflows, user roles and reports according to your exact business requirement.
How long does it take to start Banking Services?
Ready platforms can go live in a few days. Custom development usually takes 2–8 weeks depending on features and integrations.
Do you provide support after delivery?
Yes. Every Qrologic project includes support, updates and maintenance options. Our team is available on call, WhatsApp and email.
Do you work with clients outside Jaipur and India?
Yes. We serve clients across India and worldwide with online meetings, remote delivery and support.
