Abstract
The Online Banking System offers a platform for efficient and secure
management of bank accounts. Developed using Django, it provides:
- User-friendly account management features
- Automated interest calculations
- Transaction tracking with detailed reports
- Modern interface for enhanced user experience
Introduction
This project focuses on developing an Online Banking System to streamline
banking services. It includes features for:
- Account management
- Secure fund transfers
- Detailed financial reports
- Admin and user access control
Database Design
The database design ensures data consistency and efficient management.
Key tables include:
- Users: Stores user credentials and roles
- Accounts: Tracks account details and balances
- Transactions: Logs all financial transactions
- Reports: Maintains summary reports for analysis
Software and Hardware Requirements
Software Requirements:
- Python 3.10 or later
- Django Framework
- SQLite or MySQL for database
- Web browser (Chrome, Firefox)
Hardware Requirements:
- 4 GB RAM or higher
- 500 GB HDD or SSD
- Multi-core processor (Intel/AMD)
Advantages
The Online Banking System provides the following benefits:
- Enhanced user convenience
- Reduced operational costs
- Real-time access to account information
- Improved security and data integrity
Future Upgradation
Possible future enhancements include:
- Mobile application development
- Integration with AI-based fraud detection
- Multi-currency account support
- Blockchain integration for secure transactions
