Banking Management System

The Banking Management System is a core Java-based project designed to manage banking operations. It provides functionalities for creating savings accounts, depositing and withdrawing funds, viewing account balances, and displaying all accounts. The application follows Object-Oriented Programming principles to ensure scalability and maintainability.

• Create a savings account with account ID, holder name, balance, and interest rate.
• Deposit funds into an account.
• Withdraw funds with validation for insufficient balance.
• Display the balance of a specific account.
• View details of all created accounts.

• Programming Language: Java
• IDE: Any Java-compatible IDE (Eclipse, IntelliJ IDEA, etc.)
• Tools: Scanner for user input, Exception handling for error scenarios

1. Bank:

   • Manages all accounts.
   • Has methods to create accounts, deposit, withdraw, and display accounts.

2. Account:

   • Parent class for different account types.
   • Contains common attributes: account ID, holder name, balance.
   • Methods include deposit, withdraw, and display balance.

3. SavingsAccount:

   • Inherits from Account.
   • Adds an attribute for interest rate.

4. BankApplication:

   • Entry point of the application.
   • Handles user input and coordinates with Bank and Account classes.

5. InsufficientFundsException:

   • Custom exception class.
   • Handles errors when attempting to withdraw more funds than available.

BankingManagementSystem/
  |- src/
      |- Bank.java
      |- Account.java
      |- SavingsAccount.java
      |- InsufficientFundsException.java
      |- BankApplication.java
  |- README.md
  |- .gitignore

1. Clone the repository from GitHub.

   git clone https://github.com/yourusername/BankingManagementSystem.git

2. Open the project in your favorite Java IDE.
3. Compile the project files:

   javac BankApplication.java

4. Run the project:

   java BankApplication

• Creating an Account:

  • Select option 1 from the menu.
  • Enter the required details: account ID, name, balance, and interest rate.

• Depositing Funds:

  • Select option 2.
  • Provide the account ID and deposit amount.

• Withdrawing Funds:

  • Select option 3.
  • Provide the account ID and withdrawal amount. Insufficient balance will trigger an exception.

• Displaying Account Balance:

  • Select option 5.
  • Provide the account ID to view its balance.

• Viewing All Accounts:

  • Select option 4 to list all created accounts with their details.

• Add support for current accounts.
• Implement file-based persistence to save account data across sessions.
• Add a graphical user interface (GUI) for enhanced usability.
• Include transaction history for accounts.

1. Fork the repository.
2. Create a new branch for your feature/bug fix.
3. Commit your changes with a descriptive message.
4. Push your branch and create a pull request.

This project is licensed under the MIT License. See the LICENSE file for details.