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Bank Management System

Computer science project on bank management system

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0% found this document useful (0 votes)
213 views25 pages

Bank Management System

Computer science project on bank management system

Uploaded by

pavan.p.vibrant
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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EVERWIN VIDHYASHRAM SENIOR SEC.

SCHOOL
Kolathur, Chennai – 99.
(Affiliated to the Central Board of Secondary
Education, New Delhi)

COMPUTER SCIENCE WITH PYTHON


PROJECT: 2024-2025
TOPIC: BANK MANAGEMENT SYSTEM

DONE BY: PAVAN .P


CERTIFICATE
This is to certify that the project entitled
“BANK MANAGEMENT SYSTEM” Is a record of
bonafide work carries out by “Pavan.P” of
XII “DELIGTFUL”. In partial Fulfilment of the
requirements in COMPUTER SCIENCE
prescribed by CBSE for CBSE BOARD 2024 –
2025 in school EVERWIN VIDHYASHRAM
SENIOR SEC.SCHOOL, Kolathur, Chennai-
600099.

DATE: PRINCIPAL

INTERNAL EXTERNAL
DECLARATION
We hereby declare that the project work
entitled " BANK MANAGEMENT SYSTEM",
submitted to EVERWIN VIDHYASHRAM
SENIOR SEC. SCHOOL,Kolathur, Chennai for
the subject of "COMPUTER SCIENCE".
Under the guidance of S. Sumalatha (PGT),
is a record of original work done by us. We
further declare that this project record or
any part of this has not been submitted
elsewhere for any other class.

DATE: MEMBERS:
PAVAN.P
HITISH RAMANA.M
HEMANTH KUMAR REDDY.G

PLACE:
ACKNOWLEDGEMENT
We wish to express our sincere thanks to
Ms.Vidhya Hari, Principal of EVERWIN
VIDHYASHRAM SENIOR SEC.SCHOOL, Kolathur,
Chennai for guiding us to cause the successful
outcome of this project work.
We wish to express our deep & profound sense
of gratitude to our guide/teacher
S.Sumalatha(Comp. Sc), for her expert help &
valuable guidance, comments and suggestions.
We also place on record, our sincere gratitude to
one and all who, directly or indirectly have lent
their helping hand in this venture.
INDEX

S.NO TOPIC PAGE NO

1 OBJECTIVE 5

2 INTRODUCTION 6

3 ABOUT PYTHON 7

4 ADVANTAGES OF USING 9
PYTHON

5 INTRODUCTION TO 11
BANK
MANAGEMENT
SYSTEM
6 SCOPE OF 12
BANK
MANAGEMENT
SYSTEM
7 SOURCE CODE 13

8 OUTPUT SCREEN 18

9 CONCLUSION 21

10 BIBLIOGRAPHY 21
OBJECTIVE
The primary objective of a bank management system is to enhance the
efficiency, security, and accuracy of managing banking operations while
providing a superior customer experience. This system seeks to streamline a
wide range of banking processes, including account management, transaction
processing, loan management, customer relationship management (CRM), and
financial reporting. By automating routine tasks and providing real-time data
access, it significantly reduces human errors, operational costs, and the time
required for transaction processing.

Security is a paramount concern; the system incorporates robust security


measures to protect sensitive customer data and ensure secure transactions.
Compliance with regulatory requirements is another critical objective, with the
system designed to maintain and generate the necessary reports and
documentation to meet these standards.

For customers, the system aims to enhance service delivery through features
such as online and mobile banking, automated teller machine (ATM) services,
and instant fund transfers, providing convenience and flexibility. Personalized
financial services, such as tailored loan products and investment advice, are also
facilitated through advanced data analytics.
INTRODUCTION

A bank management system is an integrated software solution designed to


streamline and enhance the operational efficiency of banking institutions. This
system consolidates various banking functions into a cohesive platform,
encompassing areas such as account management, transaction processing, loan
management, customer relationship management (CRM), and financial
reporting. By automating routine and repetitive tasks, the system reduces the
likelihood of human errors, decreases operational costs, and speeds up
transaction processing times.

One of the key features of a bank management system is its ability to provide real-
time data access and analytics, which facilitates informed decision-making
and strategic planning. This capability is crucial for maintaining a competitive
edge in the rapidly evolving financial sector. The system also incorporates
robust security measures to protect sensitive customer information and ensure
the integrity of financial transactions, thereby building trust and compliance
with regulatory standards.

Moreover, a bank management system significantly enhances customer service


by offering features such as online and mobile banking, automated teller
machine (ATM) integration, and instant fund transfers. These features provide
customers with convenience and flexibility, enabling them to manage their
finances anytime and anywhere.
ABOUT PYTHON
Python is a programming language. It was made to be open source, and easy to
read. A Dutch programmer named Guido van Rossum made Python in 1991. He
named it after the television program Monty Python's Flying Circus. Many
Python examples and tutorials include jokes from the show.
➢ Python is an interpreted language. Interpreted languages do not need to be
compiled to run. A program called an interpreter runs Python code on
almost any kind of computer.
➢ This means that a programmer can change the code and quickly see the
results. This also means Python is slower than a compiled language like
C, because it is not turned into machine code ahead of time. Instead, this
happens as the program is running.
Python's developers try to avoid changing the language to make it better until
they have a lot of things to change. Also, they try not to make small repairs,
called patches, to unimportant parts of CPython, the main version of Python,
even if the patches would make it faster.
➢ When speed is important, a Python programmer can write some of the
program in a different language, like C, or use PyPy, a different kind of
Python that uses a just-in-time compiler.
➢ Keeping Python fun to use is an important goal of Python’s developers. It
reflects in the language's name, a tribute to the British comedy group
Monty Python. Tutorials often take a playful approach, such as referring
to spam and eggs instead of the standard foo and bar.

Python is an interpreted, object-oriented, high-level programming language with


dynamic semantics. Its high-level built in data structures, combined with
dynamic typing and dynamic binding; make it very attractive for Rapid
Application Development, as well as for use as a scripting or glue language to
connect existing components together.
➢ python's simple, easy to learn syntax emphasizes readability and therefore
reduces the cost of program maintenance. Python supports modules and
packages, which encourages program modularity and code reuse.
➢ The Python interpreter and the extensive standard library are available in
source or binary form without charge for all major platforms, and can be
freely distributed.

Often, programmers fall in love with Python because of the increased


productivity it provides. Since there is no compilation step, the edit-test-debug
cycle is incredibly fast.
➢ Debugging Python programs is easy: a bug or bad input will never cause a
segmentation fault. Instead, when the interpreter discovers an error, it
raises an exception.
➢ When the program doesn't catch the exception, the interpreter prints a
stack trace. A source level debugger allows inspection of local and global
variables, evaluation of arbitrary expressions, setting breakpoints,
stepping through the code a line at a time, and so on.
➢ The debugger is written in Python itself, testifying to Python's
introspective power. On the other hand, often the quickest way to debug a
program is to add a few print statements to the source: the fast edit-
testdebug cycle makes this simple approach very effective.
ADVANTAGES OF USING PYTHON

Python has a wide range of application and has a lot of advantages of using it
for coding in programs and other applications as follows:

Open and Free source:


Python is open source, and it has a large and active community that contributes
to its development and provides support.

Vast library support:


Python boasts extensive support libraries like NumPy for numerical calculations
and Pandas for data analytics, making it suitable for scientific and data-related
applications.

Easy memory management:


Memory management in Python is handled automatically by the Python
interpreter using a built-in garbage collector. The garbage collector keeps track
of all objects in memory and frees up memory for objects that are no longer
being used.

Cross platform language:


Python’s cross-platform compatibility allows developers to write code that runs
seamlessly on various operating systems. This feature not only saves time but
also enhances the portability of applications, ensuring a consistent user
experience across different platforms.

Easy to use (User- Friendly):


Python’s syntax is clean, readable, and emphasizes code readability, making it
an ideal language for both beginners and experienced developers. Its
straightforward and easy-to-understand code structure allows for faster
development and maintenance of applications.
Availability of Dynamic Typing:
Python is dynamically typed, meaning you don’t need to declare data types
explicitly, making it flexible but still reliable.

Interpreted Language:
Python is interpreted, which allows for easier debugging and code development.

Portable:
Python is portable across operating systems and interactive, allowing real-time
code execution and testing.
INTRODUCTION TO BANK MANAGEMENT SYSTEM

A Bank Management System (BMS) is a cornerstone of modern banking,


providing institutions with the technological infrastructure necessary to adapt
and thrive in an increasingly digital world. Central to its capabilities is the
facilitation of online and mobile banking services, offering customers the
convenience of managing their finances remotely. Through intuitive interfaces
and secure authentication methods, customers can perform a wide range of
transactions, from checking balances to transferring funds, all with the tap of a
finger or click of a button.

Moreover, a BMS acts as a hub for innovation within the banking sector. By
harnessing the power of emerging technologies such as artificial intelligence,
machine learning, and data analytics, banks can gain deeper insights into
customer behavior, preferences, and needs. This data-driven approach enables
personalized product recommendations, targeted marketing campaigns, and
proactive customer support, ultimately enhancing the overall banking
experience.

In addition to customer-facing functionalities, a BMS also revolutionizes


backend operations. It automates tedious manual tasks, such as account
reconciliation and regulatory reporting, reducing the risk of errors and freeing
up valuable human resources for more strategic endeavors.
ADVANTAGSE OF BANK MANAGEMENT SYSTEM

➢ Efficiency: A BMS streamlines banking operations by automating


routine tasks such as account management, transaction processing, and
reporting. This automation reduces manual errors, minimizes processing
time, and optimizes resource utilization, leading to significant
improvements in overall operational efficiency.

➢ Customer Service: With a BMS, banks can offer enhanced customer


service through features like online and mobile banking, personalized
account management, and 24/7 access to financial services. Customers
can conveniently conduct transactions, access account information, and
receive support anytime, anywhere, leading to higher satisfaction and
loyalty.

➢ Compliance: A BMS helps banks adhere to regulatory requirements and


industry standards by providing robust compliance monitoring and
reporting capabilities. It ensures accurate record-keeping, facilitates
regulatory audits, and helps banks stay abreast of changing regulations,
thereby mitigating compliance risks and avoiding potential penalties.

➢ Security: BMSs incorporate advanced security measures such as


encryption, multi-factor authentication, and fraud detection systems to
safeguard sensitive financial data and prevent unauthorized access or
fraudulent activities.
SCOPE OF BANK MANAGEMENT SYSTEM

1. Account Management

2. Transaction Processing

3. Customer Relationship Management (CRM)

4. Loan Management

5. Online and Mobile Banking

6. Security and Compliance

7. Financial Reporting and Analysis

8. Customer Support and Service

9. Investment Services

10. Branch and ATM Network Management

11. Marketing and Sales

12. Risk Management

13. Human Resources Management

14. Technology Integration and Maintenance


HARDWARE AND SOFTWARE
REQUIREMENTS

HARDWARE REQUIREMENTS:

Processor: Pentinum IV

RAM: 128MB required

Hard Disk: 1TB required

Printer: Any compatible printer

SOFTWARE REQUIREMENTS:

JDK 1.5

MYSQL

JAVA being the platform independent language to


generate the user friendly software system is used as
Front-end system and MYSQL has Back-end data base
system, This will facilitate user in operating the system
successfully.
SOURCE CODE

Requirements
- Python
- MySQL Server
- `mysql-connector-python` package

Steps to Set Up
1. Install MySQL Server and create a database named `bank`.
2. Install `mysql-connector-python` package using:
pip install mysql-connector-python
3. Create MySQL Database and Table:

CREATE DATABASE bank;


USE bank;

CREATE TABLE accounts (


account_number INT PRIMARY KEY,
name VARCHAR(100), balance
DECIMAL(10, 2)
Python Code:

import mysql.connector

# Connect to the MySQL database db


= mysql.connector.connect(
host="localhost",
user="your_username",
password="your_password",
database="bank"
)

cursor = db.cursor()

def create_account(account_number, name, initial_deposit):


cursor.execute("INSERT INTO accounts (account_number,
name, balance) VALUES (%s, %s, %s)", (account_number,
name, initial_deposit)) db.commit()
print("Account created successfully!")

def deposit_money(account_number, amount):


cursor.execute("UPDATE accounts SET balance = balance
+ %s WHERE account_number = %s", (amount,
account_number)) db.commit()
print("Money deposited successfully!")

def withdraw_money(account_number, amount):


cursor.execute("SELECT balance FROM accounts WHERE
account_number = %s", (account_number,))
balance = cursor.fetchone()[0]
if balance >= amount:
cursor.execute("UPDATE accounts SET balance =
balance - %s WHERE account_number = %s", (amount,
account_number))
db.commit()
print("Money withdrawn successfully!")
else:
print("Insufficient funds!")

def check_balance(account_number):
cursor.execute("SELECT balance FROM accounts WHERE
account_number = %s", (account_number,))
balance = cursor.fetchone()[0]
print(f"Current balance: {balance}")
def main():
while True:
print("\nBank Management System")
print("1. Create Account")
print("2. Deposit Money")
print("3. Withdraw Money")
print("4. Check Balance")
print("5. Exit")

choice = int(input("Enter your choice: "))

if choice == 1:
account_number = int(input("Enter account number:
"))
name = input("Enter account holder's name: ")
initial_deposit = float(input("Enter initial deposit
amount: "))
create_account(account_number, name,
initial_deposit)
elif choice == 2:
account_number = int(input("Enter account number:
"))
amount = float(input("Enter amount to deposit: "))
deposit_money(account_number,amount)
elif choice == 3:
account_number= int(input(“Enter account number:”))
amount = float(input(“Enter amount to withdrawn:”))
withdraw_money(account_number,amount)
elif choice == 4:
account_number = int(input(“Enter account
number:”))
check_balance(account_number)
elif choice == 5:
print(“Exiting…”)
break
else:
print(“Invalid choice! Please try again.”)
if__name__== “__main__”
main()
Output Screens :
Here are the output screens for different functionalities:

Main Menu :

Bank Management System


1. Create Account
2. Deposit Money
3. Withdraw Money
4. Check Balance
5. Exit
Enter your choice:

Create Account:

Enter account number: 101


Enter account holder's name: John Doe
Enter initial deposit amount: 500.00
Account created successfully!
Deposit Money:

Enter account number: 101 Enter


amount to deposit: 200.00
Money deposited successfully!

Withdraw Money:

Enter account number: 101 Enter


amount to withdraw: 100.00
Money withdrawn successfully!

Check Balance:

Enter account number: 101


Current balance: 600.00

This is a basic implementation and can be extended with more


functionalities like account deletion, transaction history, error
handling, and secure authentication.
CONCLUSION OF THE BANK MANAGEMENT

The Bank Management System (BMS) developed with


Python for the front end and MySQL for the back end
represents a significant advancement in the automation and
optimization of banking operations. This system simplifies
critical processes such as account management, transaction
processing, and customer service, thereby minimizing human
error and increasing efficiency. With its intuitive interface,
bank staff can quickly navigate through various
functionalities, enhancing productivity and customer
experience.

One of the core strengths of this BMS is its robust data


management capability facilitated by MySQL. The relational
database structure ensures that all customer information and
transaction records are stored securely and can be accessed
and managed efficiently. This not only improves data
accuracy but also aids in compliance with regulatory
requirements by maintaining detailed and organized records.

Moreover, the system's modular design allows for easy


scalability and integration of additional features. This
flexibility means the BMS can grow with the bank,
incorporating new technologies and services such as mobile
banking, AI-driven customer support, and advanced fraud
detection systems. This adaptability ensures that the bank can
continually meet the evolving demands of its customers and
the financial industry.

From a security perspective, the system can incorporate


encryption and authentication mechanisms to protect sensitive
data, ensuring that both the bank and its customers are
safeguarded against potential threats. Regular updates and
maintenance can further fortify the system against emerging
cybersecurity risks.

In conclusion, the Bank Management System offers a


comprehensive solution that addresses the myriad needs of
modern banking operations. It improves transaction accuracy,
enhances customer service, and ensures robust data
management and security. By providing a scalable and
flexible platform, the BMS supports continuous innovation
and efficiency in banking, ultimately leading to increased
customer satisfaction and operational excellence.
BIBLIOGRAPHY

➢ www.stackoverflow.com
➢ www.Cs4school.com
➢ www.pythonworld.com
➢ www.projectgurukul.org
➢ https://openai.com

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