eKGB – Kerala Gramin Bank

eKGB

Problem

  • Streamlined loan documentation with KGB eSign, reducing paperwork, turnaround time, and enhancing customer experience.
  • Facilitated remote loan applications through KGB eLoan, eliminating the need for branch visits.
  • Enabled digital account opening and digital passbook features with DiGi KGB Mobile App.
  • Simplified KYC process through KGB VKYC, allowing customers to complete it from home digitally.
  • Enhanced customer service and engagement with WhatsApp banking and real-time grievance resolution through KGB Connect.

Solution

  • Recognized need for digital transformation to enhance customer experience and operational efficiency.
  • Partnered with M/s Cerebtec, NPST Ltd, Think360.ai, Kwik.ID, Leegality, and AWS for technical expertise and development of digital solutions.
  • Developed and tested solutions to ensure functionality, security, and compliance.
  • Rolled out digital services, conducted comprehensive employee training programs for optimal use of new tools.
  • Continuously monitored performance, gathered customer feedback, and made necessary adjustments to enhance functionality.

Outcomes

  • Significant improvement in customer satisfaction due to streamlined, convenient digital services accessible from home.
  • Reduced paperwork and faster service delivery, resulting in optimized resource utilization and lower operational costs.
  • Broader reach to remote and rural customers, ensuring wider access to essential banking services.
  • Improved data protection and adherence to regulatory standards, maintaining customer trust and integrity.
  • Increased usage of digital banking platforms, reflecting successful customer transition from traditional to digital banking.

SKOCH Award Nominee

Category: Technology
Sub-Category: Technology
Project: eKGB
Start Date: 01-04-2023
Organisation: Kerala Gramin Bank
Respondent: Mr Ragesh T V

https://keralagbank.com/
Level: BFSI 1


Video


For more information, please contact:
Mr Ragesh T V at itwing.kgb@keralagbank.com


(The content on the page is provided by the Exhibitor)

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