APBS / DBTL / NACH
APBS, DBTL, NACH System Software
for Banks
Aadhaar-mapped mandate handling for APBS, DBTL (LPG subsidy) and NACH, with file conversion and return files.
- Web
- CUSTODIAN suite
Overview
It is a centralized electronic transfer system to get direct mandates from correspondent credit banks for the purpose of disbursing allowance using Aadhaar number.
To get benefit under this system, Aadhaar number must be mapped to CBS bank account of same customer. This process of mapping is called as Mandate initiating. To make mandates using this application, mandate entries should be done. These mandates would approve by NPCI, for that a mapper file should be provided to NPCI. Arista Payment solution generates those mapper files. And after approving them, it will be update to CBS also.
DBTL scheme enables the LPG customers to get subsidy directly to their respective bank accounts. You can link your Aadhaar card to the bank account to get the direct benefit of the subsidy.
Same as APBS, DBTL also need to approve mandates. The process of approving mandates is same for DBTL. Only it needs additional information regarding LPG connection.
- Aadhaar mapped to CBS account
- Mandate entry made
- Approved by NPCI
How it works
From start to finish
- 1
Map the Aadhaar number to the CBS account (mandate initiating)
- 2
Make the mandate entries
- 3
Provide the mapper file to NPCI
- 4
NPCI approves and CBS is updated
Highlights
Highlights of APBS / DBTL
- 01
It excludes unnecessary delays & paper work involved in existing process.
- 02
Arista Payment Solutions makes simplification of the mandate acceptance and recording process.
- 03
Process of transferring subsidies & benefits into Aadhaar mapped bank account will become seamless.
- 04
This application enables smooth conversion of downloaded file & generation of return file to be uploaded.
- 05
Banks can provide faster service to their customers.
More from the suite
Explore the rest of the suite
- 01 · Web
Agency Banking
Doorstep banking through bank employees or engaged agents, with an application built for agents.
- 02 · Mobile
Mobile Banking
24x7 mobile app for fund transfers, balance, mini statement, recharges and bill payments.
- 03 · Web
Internet Banking
Web banking for balance, mini statement, cheque book requests, interest and TDS certificates.
Looking for Core Banking Software?
If you are looking for Core Banking Software either for the first time, or you are not happy with your current Solution Provider, get in touch with us and we will be happy to assist you.
- Call
- +91 95299 23868
- Visit
- Rahul Complex, Opp. Tata Petrol Pump, Guest House, Gandhi Nagar, Vishrambag, Sangli, Maharashtra 416 415
- Hours
- Mon – Sat, 9.00 am to 6.00 pm
