Axis Bank launches ‘Insta PIN’

GK NEWS NETWORK

Srinagar, Dec 17: Axis Bank has launched ‘Insta PIN’, India’s first PIN generation system that allows customers to receive the ATM PIN on their mobile phone through the Bank’s IVR system.
 All that a customer needs to do to avail the facility is to dial toll free number 1800 233 5577 for Insta PIN Generation, the bank in a statement said. The bank, which is India’s third largest private Bank, said it has designed a secure system that first verifies the customer’s details and thereafter generates a numeric password which is provided to the customers.
 “This password can be entered at the ATM to generate the PIN; alternatively the customer can dial IVR once again and enter the password to get the PIN,” it said.
 The Insta PIN generation process, the bank said, is piloted at the moment for existing card holders requesting duplicate PINs. “This will subsequently be extended to the newly issued cards.”
 Jairam Sridharan, Head- Retail Lending & Payments, Axis Bank said, “Insta PIN initiative reinforces Axis Bank’s commitment to provide convenient solutions to the customers. The hassle free issuance of the PIN allows the customers to instantly access their account without waiting for a courier that delivers the duplicate PIN. ”

Lastupdate on : Sat, 17 Dec 2011 21:30:00 Makkah time
Lastupdate on : Sat, 17 Dec 2011 18:30:00 GMT
Lastupdate on : Sun, 18 Dec 2011 00:00:00 IST




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