Internet banking saves lot of time involved in physically visiting bank branch and waiting in queue.

https://in.finance.yahoo.com/news/5-reasons-you-should-use-online-banking-services-055415503.html

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

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Internet banking saves lot of time involved in physically visiting bank branch and waiting in queue.

https://in.finance.yahoo.com/news/5-reasons-you-should-use-online-banking-services-055415503.html



Absolutely ! It is a boon in many ways, Personally I use it a lot for all money transfers and also payments of bills....More and more people use internet bank9ng these days. It also saves man power for banks cutting down costs. No wonder the banking stocks are soaring. I remember a few years back SBI shares were worth about Rs 600 odd and now they have gone up to more than Rs 2400, the same with other banking shares too...

Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

Thank you said by: Gulshan Kumar Ajmani
Internet banking saves lot of time involved in physically visiting bank branch and waiting in queue.

https://in.finance.yahoo.com/news/5-reasons-you-should-use-online-banking-services-055415503.html



Absolutely ! It is a boon in many ways, Personally I use it a lot for all money transfers and also payments of bills....More and more people use internet bank9ng these days. It also saves man power for banks cutting down costs. No wonder the banking stocks are soaring. I remember a few years back SBI shares were worth about Rs 600 odd and now they have gone up to more than Rs 2400, the same with other banking shares too...


I agree with you. Internet banking made the lives easier for the users. Additionally, in some states the facility of E Seva facilities are also there. All these are making the lives much easier and less time consuming. I use E Seva for paying my house taxes, electricity charges.
Internet banking saves lot of time involved in physically visiting bank branch and waiting in queue.

https://in.finance.yahoo.com/news/5-reasons-you-should-use-online-banking-services-055415503.html


True..internet banking has numerous advantages, saves times, paying bills online and transferring is the most used functionality I guess. Now we can also invest online, change the address without having to visit the bank branches and so on.

“A mistake is a crash-course in learning” – Billy Anderson

Online banking facility functions like a credit or debit card since one can do almost everything with it - booking tickets on train,bus and airplane and of course the other banking functions.... Now already many banks ( mostly private owned) are doing away with bank passbooks and on request , e statements are being sent to your online account which also cuts down cost for banks...

Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

Online banking facility functions like a credit or debit card since one can do almost everything with it - booking tickets on train,bus and airplane and of course the other banking functions.... Now already many banks ( mostly private owned) are doing away with bank passbooks and on request , e statements are being sent to your online account which also cuts down cost for banks...


Online banking works as your one-stop resort to help you keep a tab on your money as well as account balances.
Thank you said by: usha manohar
Online banking facility functions like a credit or debit card since one can do almost everything with it - booking tickets on train,bus and airplane and of course the other banking functions.... Now already many banks ( mostly private owned) are doing away with bank passbooks and on request , e statements are being sent to your online account which also cuts down cost for banks...


Yes, saves paper too..by limiting the use of pass books. Also, saves us from a lot of paper work if we open FD accounts online.

“A mistake is a crash-course in learning” – Billy Anderson

Online banking facility functions like a credit or debit card since one can do almost everything with it - booking tickets on train,bus and airplane and of course the other banking functions.... Now already many banks ( mostly private owned) are doing away with bank passbooks and on request , e statements are being sent to your online account which also cuts down cost for banks...


Yes, saves paper too..by limiting the use of pass books. Also, saves us from a lot of paper work if we open FD accounts online.


Even if someone is not having net connection,E Seva centers can be used with a little cost. When compared to convenience, cost is nothing.
Net banking along with debit card banking not only save time but also money as in some ecommerce sites they provide extra 10% discount on paying online.

http://mohanmekap.com/

Sure internet banking ha plethora of advantages. Additional advantage is one need not have a net connection. This gap is filled by E- Seva facilities which are available in some states. One disadvantage is when the net runs slowly.
Net banking along with debit card banking not only save time but also money as in some ecommerce sites they provide extra 10% discount on paying online.


Yes Mohan , you get many discounts found only on the net,esp travel and room bookings and books etc which is not available when you shop near home....

Pay no mind to those who talk behind your back, it simply means that you are two steps ahead !!!

Thank you said by: mohan manohar
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