Letter to the bank manager sharing an innovative idea to boost digital banking | SBI PO, BOB Manipal, NICL AO 2017 Descriptive


Hello and welcome to exampundit.  Here is a Letter to the bank manager sharing an innovative idea to boost digital banking aced by Aarushi Mathur.

Letter to the bank manager sharing an innovative idea to boost digital banking – Aarushi Mathur

5, Ring Road,
Allahabad
14th May 2017

To
The Bank Manager
State Bank of India
Lucknow.

Sir,
I have recently been a victim of an ATM forgery in which I lost 25000 rupees. I have been visiting your bank a lot lately regarding the same. I am extremely thankful for the support the management is showing. But, it pains me to know that these type of forgeries are not new and have taken a toll in the past few years.

In the same regard I have come up with an idea which can prevent people from falling prey to such forgeries. ATMs are a household thing these days. A unique PIN is required in order to operate your account with an ATM and withdraw money. My idea is to replace that PIN with the ‘iris scan’. Every account holder will need to link his/her iris scan with the account in bank and every time the money is to be withdrawn, iris scan will be used as a passcode instead of the unique PIN.

This will not only help curb forgery done at ATM booths but also will make it easier for the people to operate their account as they will not be required to remember various passcodes.

Thank you.

Yours sincerely,

XYZ





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