HKIL entered the Banking Automation sector by introducing the Banking Automation Product, “BANCAL®” in 1988. This product was the first and only one of its kind, and it ushered in an era of automation in the Indian Banking sector. This product was truly ahead of its times as no significant automation initiatives were there for the Banking Industry till then. This “Banking Calculator”, as it was referred to, was a chip-based Back-office Automation Solution for Banks, which enabled them to significantly improve their efficiency levels by automating functions like interest calculations, ledger postings, report generation etc. The product was a huge success and it was commissioned by almost all the Banking Establishments in the country till the advent of the new generation personal computers.
With presence in every nook and corner of the Indian subcontinent, HKIL’s powerful, stable and extremely scalable Automation Solutions enable the Bank to provide the best services to their customers in today’s highly competitive and new age world of Banking. These products have a successful track record in various Nationalized Banks, Gramin Banks (RRBs), Co-operative Banks and Credit Societies.
Leveraging on the two decades of industry experience, high level of technical expertise and alliances with other solution providers, HKIL has commissioned many turnkey projects in Banking Automation successfully.
With over 2000 installations all over India, these products have proved their worth as among the most stable, secure and user-friendly products in the market today.