Today, the focus of every bank - be it in Public Sector or in Private Sector is to ensure deposit mobilization and increasing the customer base. For speedy and efficient service, every bank is today focusing on Instant Accounts. The idea now is to have a pre-prepared set of documents for every new customer and deliver them at the time of account opening itself. This avoids the procedural delays, losses in transit, delays in card personalization and many more – Welcome to the regime of INSTACARD.
Industry Solutions - Banking & NBFC’s
- In this new procedure of Instant Account Opening, every branch manager needs to store the entire set (the so-called Welcome Kit) for more than one month (maintaining stock at the branch level). What if the packaging or the envelope used is spoiled during the storage?
- During the period of storage, what if there is a magnetic interference (a typical paper or a laminated paper based envelope does not offer any protection) and the data stored in the card gets erased? We are calling for a completely avoidable problem.
- Our logistics system in India is good only up to the level of A and B grade cities. But, today the market for most of the banks is the C grade cities or the rural areas. Thanks to the poor logistics, what if the packet gets damaged during the transportation itself?
- What if moisture plays spoil sport in deteriorating the quality of contents in the envelope?
- What if the envelope is tampered at any point of handling? Tyvek Tamper Evident Envelope offers a solution to this problem.
Here comes the solution – A simple Tyvek envelope solves all the problems apart from the traditional benefits it can offer.