E-Cards
Door Step Banking through
“e-card”: “Mann deshi is providing unique door step banking to poor women
and have helped women to come out from the trap of money lenders. Mann deshi
has net work of pigmy collection agent whop provides door step services for
pigmy savings and at the end of day pigmy device is hooked in to the system and
data is transferred in to banking system. ”E-card” solution helps rural women to
bring all the accounts at in one card. 
Today in rural India nearly 60% household do not have bank accounts and 90% household do not have loans. “e-card” solution can door step banking which Mann deshi is providing can provide financial access to remote and poor population .
Mann Deshi Mahila Sahakari Bank Ltd. has launched a one of its kind “e-card” program for rural women in Maharashtra on 9th May, 2010 at Mhaswad, Satara. The program for the day included flagging off bicycles for girls, felicitation of graduates of the Business School, narration of certain clients’ experiences and a speech by respected Dr. K. C. Chakrbarty deputy Governor RBI India Mr. Stuart Davis, CEO, HSBC India.
Incorporating e-card Technology
Mann Deshi is undertaking an
initiative to become one of the first rural banks in India to utilize
cutting-edge e-card technology for its banking operations. These plastic
‘cards’ displays women’s names and photographs, utilizing micro-chip technology
to store financial information. The cards instantly allow the Bank’s field
agents and clients to view savings account balance, loan account status, and
repayment history. The use of e-cards will increase the efficiency and business
capacity of the Bank and provide clients with enhanced security and service.
The card benefits the clients by discreetly keeping her account information free
from unwanted inquiries and alterations.
The e-card is another one of Mann Deshi’s continuous endeavours to serve the rural women. It brings with itself several benefits to make the entire process of banking simpler, faster and more convenient for the rural women. The e-cards will not just enable security of the account information of the holder but also provide a sort of status symbol for the women who carry it. It will help eliminate the redundancy brought about by creation of multiple accounts by customers at different points and times. The e-card is a giant leap towards automated banking enabling enhanced reach and faster expansion. Together the device and e-cards as a system hold the potential to make door-to-door banking more comprehensive so as to include not just collection but also account creation, withdrawals and loan grants.