Deployed in HDFC Bank and several other banks are evaluating it by way of paid pilots and proof-of-concepts.

Sets of housing loan document in HDFC Bank kept in safe custody of the vault is tagged using a RFID label. The RFID label is identified, programmed and re-programmed to facilitate Issue from vault, return to vault, searching of document in shelves, physical stock reconciliation and many more. The solution offers complete visibility and control of the document along with fast and accurate retrieval.

The HDFC Bank also received the prestigious Special Jury Award by the Indian Banks Association in collaboration with TFCI for this system.

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