All You Need To Know
- The IPIN is generated randomly by the system and directly printed on tamper proof media.
- It is then encrypted and stored on the NetBanking system to facilitate authentication using industry-specified encryption standards.
- Hence, it is not accessible to anyone - including the system administrator.
- The IPIN is mailed to the customer through tamper proof means to mitigate therisk being compromised while in transit.
- IPIN and CustID are never communicated to the customer through same channel simultaneously.
- The customer is required to change his IPIN upon first login to ensure that it is known only to the customer.