Capstone Project-3
A Banking Management System is a software application designed to streamline and manage various banking operations efficiently. It facilitates core banking functionalities such as account creation, deposits, withdrawals, and balance inquiries. The system ensures secure transactions with authentication mechanisms like user ID and password verification. It supports various account types, including savings and current accounts. Administrators can manage customer details, generate reports, and monitor financial activities.
The software incorporates error handling to ensure data integrity and prevent transaction discrepancies. Advanced features may include loan management, fixed deposits, and online banking integration. It uses a relational database to store and retrieve customer and transaction data. Java is often chosen for its platform independence, robustness, and ease of maintenance. The system aims to enhance user experience, reduce manual efforts, and improve operational efficiency in banking.