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SMART BANK FOR SMART CITY

26 May 2016Shri H. Narasimhulu (A.G.M. & Zonal Head)

Welcome to Allahabad Bank Family

• Allahabad Bank is the oldest joint stock Bank in India and started business in the Year 1865.

• First Branch in our beloved city Jabalpur was opened in the Year 1901 may be the oldest bank branch in the city. Therefore our relation with people of Jabalpur is 115 years old.

•Allahabad Bank is having 18 branches in Jabalpur city with business over Rs 2000.00 Cr which is one of the highest among the nationalized Bank.

Smart City• A smart city is an urban development vision to integrate multiple information and communication technology (ICT) solutions in a secure fashion to manage a city's assets.

• The objective is to promote cities that provide core infrastructure and give a decent quality of life to its citizens, a clean and sustainable environment and application of ‘Smart’ Solutions

Smart City

• Total 100 cities are selected for the smart city project by Ministry of Urban Development Government of India.

• It’s a matter of proud that our beloved city Jabalpur has been selected by the GOI among top 20 cities in first phase for Smart City project.

INVESTMENT CHALLENGE :Smart Cities need

Smart Funding options Smart cities needs huge funds for creation of infrastructure. The Central and State Govt. are not in a position to shell out the entire requirements.

Given the enormity of fund requirements, the Government has to look for various sources, for funding the Smart cities mission and other projects.

Banks have been major fund providers of infrastructure development projects so far.

Outstanding bank credit to the infrastructure sector, which stood at Rs 9000 Cr in March 2001, has increased gradually to Rs 10,07,400 Cr in March 2015 at a compounding annual growth rate of 39.50% over the last 14 years.

LENDING TOINFRASTRUCTURE SECTOR

Allahabad Bank Extend Credit facilities to following Infrastructure sub-sectors :

TransportEnergyWater and SanitationCommunicationSocial and Commercial Infrastructure.

ROLE OF SMART BANK IN SMART CITY

Smart City will have Smart citizens who demands :

• Cashless Banking• E-Governance• Innovative products• Speedy Services• Flawless connectivity• Service at your door step• Safe Deposit Lockers

To cater the needs of smart citizens Allahabad Bank has following smart products. Mainly we are having two types of credit products :  Retail Products : This segment targets to basic needs of a person.• All Bank Aashiyana• Dream Car• Education Loan• Mo-bike Loan• Personal LoanFor all this products we have a centralized solution centre named as CRBB specially for Jabalpur citizens.

ROLE OF SMART BANK IN SMART CITY

  MSME Products :  Optimum financing to the productive section of economy is a crucial responsibility of the public sector Banks. So, we understand the need of the business and Allahabad Bank is in fore front to cater the needs of the MSME segments. Further, we are also actively participating in the Stand Up and Start up India scheme to promote entrepreneurship among young generations.

ROLE OF SMART BANK IN SMART CITY

To cater the needs of smart citizens Allahabad Bank has following smart products :

MOBILE BANKING / INTERNET BANKING: One of the best user friendly and secured product of the industry. Features of Mobile banking for smart citizens are as follows:• Instant Fund Transfer.• IMPS • Mobile Recharge.• DTH Recharge.• Balance enquiry.• Mini statement.

Presently 40% of the cashless transactions are currently through mobile banking. Presently 1/3rd of the total remittances is through Mobile Banking Only.

ROLE OF SMART BANK IN SMART CITY

To cater the needs of smart citizens Allahabad Bank has following smart products :

ALLBANK SELFIE APP :We have the SELFIE app for instant SB account opening for smart phones users.

MISSED CALL SERVICE : Just give a miss call over mobile number 09224150150 and instantly receive the SMS of your account balance.

MISSED CALL CUSTOMER SERVICE :Just give a missed call over 7415120637 & our representative will revert you for any kind of assistance.

ROLE OF SMART BANK IN SMART CITY

E-LOBBY :In order to provide 24*7 customer services Allahabad Bank has introduced many E-lobbies in the Jabalpur city and planning to increase this number for the unreached localities. Following are the four types of kiosk machines available in e-lobby :

ATM.

Cash Deposit kiosk.

Passbook Printing kiosk.

Internet Banking kiosk.

ROLE OF SMART BANK IN SMART CITY

BANK MITRAS :We understand the value of your time. Hence, we have opened Customer service centre at two location of Jabalpur. Where customer of the branch can avail all types of basic banking facilities.

Aadhar Enabled Payments Services (AEPS): To secure the transactions one can draw amount from his account by giving bio-metric authentication. AEPS facility is available at both branch as well as customer service centers.

Customized Products : The bank is having a variety of customized products viz. Savi Fix,Current Plus,Flexi RD, etc…

ROLE OF SMART BANK IN SMART CITY

Thank YouBanking is getting Smart day

by day