Latest News | IOB Launches Online Portal to Generate PIN Using Tamil Phrases

Get latest articles and stories on Latest News at LatestLY. Public sector Indian Overseas Bank has introduced 'Akshara', a new online portal designed to simplify and enhance the security of PIN generation for its customers. It aims to provide a convenient and user-friendly way for account holders to generate Debit card PINs

Chennai, Jun 16 (PTI) Public sector Indian Overseas Bank has introduced 'Akshara', a new online portal designed to simplify and enhance the security of PIN generation for its customers. It aims to provide a convenient and user-friendly way for account holders to generate Debit card PINs

According to bank officials, traditional PINs generated by users for accessing credit or debit cards, are based on easy identifications like birthdays or sequential numbers posing security risks to customers. Recognising this, Indian Overseas Bank has launched the new portal that allows users to generate PIN using Tamil words or phrases that are personally meaningful yet difficult for fraudsters, the Chennai-headquartered bank said in a press release.

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Commenting on the occasion, Indian Overseas Bank MD and CEO Ajay Kumar Srivastava said, "We believe that technology should serve as a bridge, not a barrier. By introducing the PIN generation facility in Tamil, we are not only embaracing the power of digital banking but also honouring the linguistic preferences of our valued customers."

"This is a meangingful stride towards accessible and inclusive banking," he said.

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Bank customers interested in utilising this service need to access the website www.aksharapin.iob.in. The Tamil language portal has been designed with a focus on simplicity and security. It aligns with the bank's vision of harnessing technology to deliver customer-centric solutions that resonate with India's diverse cultural and linguistic heritage, the release added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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