News

Jharkhand State Cooperative Bank, Ranchi, recently announced that they have chosen Nelito Systems' Fincraft^TM Check Truncation System to support the rapid growth of its financial processes.

FinCraft^TM CTS Solution has been developed to provide participating members, an option to use a cost effective solution. Nelito's Cheque Truncation System reduces the time taken to clear cheque by converting physical cheques into high quality images in an early stage in the process.

The solution has all the functionalities and modules necessary for a seamless handling of inward and outward operations. It can support large volumes and is integrated to the National Payments Corporation of India (NPCI) prescribed Clearing House Interface (CHI).

To Know more the Customer Value & Business Models Visit – Check Truncation System