Serial Number OCR Inspection- Case Study

By April 28, 2021September 1st, 2021Banking And Other Case Studies, Case Studies
ocr technology in banking

Our clients fall into the banking sector. Established in the year 1935, to respond to the economic troubles. The basic function is to regulate the issue of Banknotes and keeping of reserves with a view to securing monetary stability in India and generally to operate the currency and credit system of the country to its advantage.

Problems Faced By Our Client :

  • Tracking of the currency notes was difficult as tracing the serial number has to be
    incremental of 1000 from the previous bundle was ambiguous
  • In order to do so, the serial number was checked manually and turned out to be time
    consuming
  • The exact number of notes in the bundle was printed after the serial number is known
  • The production rate was decreased due to the manual inspection

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