Interest Calculation system For Retail Bank
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Interest Calculation system For Retail Bank
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Vision
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The system
developed should calculate interest daily for each account having balance
more than zero at the correct interest rate. This interest calculated will be
cumulatively stored in a table which will be updated every day. Remember that
the balance on which interest is calculated daily will change because the
customer may deposit or withdraw money.
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Project
Specification
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Every month the
cumulative interest calculated will be credited to the customer. After this
point of time the cumulative interest stored should be set to zero because
the customer has benefited for the period specified.
Before interest is credited to the
customer’s account tax should be debited from the interest according to
prevalent government laws.
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User
Interface Requirements
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Browser
based
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Database
Requirements
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Centralized
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Integration
Requirements
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Standards
base
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Preferred
Technologies
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Solutions
must be created using
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HTML, CSS (Web
Presentation )
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JavaScript
(Client-side Scripting)
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Java (as programming language)
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JDBC, JNDI,
Servlets, JSP (for creating web
applications)
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Eclipse with
MyEclipse Plug-in (IDE/Workbench)
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Oracle/Access (Database)
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Windows XP/2003
or Linux/Solaris (Operating System)
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BEA
WebLogic/JBoss/WebSphere (Server Deployment)
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Other
Details
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The application should be highly secured and with
different levels & categories of access control.
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