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Nelito’s ACH solutions are designed in lines with the vision of NPCI in making the existing ECS and other NPCI applications more robust, safe and error free.

FinCraftTM AADHAAR Based Payment System Overview

FinCraftTM APBS is a centralized electronic benefit transfer system to undertake direct mandates from respective sponsor or accredited bank attached to various government departments for the purpose of disbursing entitlements using AADHAR numbers.

The system provides a reliable and efficient gateway to bring the financial benefits to bank customers who are entitled for it.

FinCraftTM APBS Features

  • FinCraftTM APBS is a centralized electronic benefit transfer system to undertake direct mandates from respective sponsor or accredited bank attached to various government departments for the purpose of disbursing entitlements using AADHAR numbers.
  • The system provides a reliable and efficient gateway to bring the financial benefits to bank customers who are entitled for it.

FinCraftTM APBS Advantages

  • Faster transfer of money from Government Department to Bank, due to Electronic Benefit Transfer (EBT)
  • Increased low cost fund flow for banks
  • Enable greater reach - Galvanize Financial Inclusion with AADHAR.
  • Minimize the last mile hiccups in releasing the funds to beneficiaries.
  • Enriched MIS to participants.
  • Securing clearing and settlement.

Marquee Clients

  • The Nainital Bank Ltd
  • The Akola District Central Co-op. Bank Ltd. Akola
  • SJSB – Multi-State Schedule Bank
  • Navnirman Co-operative Bank Ltd.
  • The Baroda City Co-operative Bank Ltd.

CLIENT SPEAK

  • CBS

    “The Bank is associated with M/S Nelito since 2002. M/S Nelito Systems Ltd has been our CBS vendor since 2009. The Products, quality of service offered by them are excellent. They have a very good support team and are trained enough for handling any type of situation.”

    D K Kandpal | Vice President (IT)

    Nainital Bank
  • MIS ADF

    “Good & Co-operative.”

    Ronniee Gupta | DGM

    UCO Bank
  • CBS

    “We appreciate your local team who continuously supported & assisted our team to meet the goal.”

    Nagendra Nath Sinha | Principal Secretary IT

    Government of Jharkhand, Ranchi
  • CBS

    “Our Bank is attached with Nelito Systems Ltd since 2002 and migrated to CBS on FinCraftTM CBS Core Banking Solution of Nelito Systems Ltd, in the year 2005.The application is functionally rich, user friendly and easy to navigate. We are using other supporting interfaces of Nelito like anywhere ATM, SMS Banking, RTGS/NEFT, Share Accounting etc and it has helped us in smooth automation of Banking operations. The bank is getting more time for Business Development”

    V P Bhandari | Managing Director

    Hindu Co-operative bank
  • CBS

    • As Vendor strict adherence to process & procedures
    • Risk Mitigants in Place
    • Flexible to customer requirements

    Dinesh Negi | VP (Clg)

    DCB Bank Ltd
  • Custom Application Development testimonial

    “Nelito’s proactive customer centric approach and use of industry best practices enabled us to convert our business function in world class core IT application .”

    Umesh Ikhe | Group CTO

    Care Ratings
  • CBS

    “The Software has excellent real time response even from our remote branch which is app. 100 kms from the Data center”

    Rashmikant Kalathia | Ex. General Manger

    Ahmedabad People Co-operative Bank Ltd.
  • CBS

    “Nelito has given one stop solution and completed the browser based CBS Computerization of 54 branches within 7 months of our order. We are happy with the product and services “

    B.J. Kale | General Manager

    Akola DCCB