What is Online Banling - PowerPoint PPT Presentation

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What is Online Banling

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Online banking refers to the process of banking carried out through internet. Here are few of the tips, features and advantages of online banking. To know more in detail about the places mentioned go through this PPT. – PowerPoint PPT presentation

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Title: What is Online Banling


1
(No Transcript)
2
What is Online banking
  • Online banking refers to the process of
    banking
  • carried out online using internet and
    computer
  • terminal
  • It is one of the latest innovation in the
    financial
  • world that enables bank customers check
    account
  • details such as balance, cheque status, etc.
    using
  • computer terminal
  • Customers are not required to visit the banks
    branch
  • office
  • They can check their account details on any
    computer
  • connected to internet

3
How to do Internet Banking?
  • Several banks provide online banking
    facilities
  • to their customers free of charge, or for
    a small
  • one-time fee
  • To subscribe to this service
  • Register with the banks office for Internet
    Banking
  • facility
  • Submit the valid KYC documents
  • Wait till the username and password is generated
  • Once login credentials are generated, log into
    the
  • banks website to access the facility

4
Services provided with Internet Banking
  • There are several services provided by
    banks through
  • internet banking facility. Some of the key
    services provided
  • include
  • Payment of Bills
  • Zero Cost fund transfer between bank accounts
  • IMPS facility for money transfer
  • Money tracking facility
  • Facility to book fixed deposits and recurring
    deposits

5
Advantages of net banking
  • There are several advantages of using this
    service.
  • A few major ones include
  • Cost less
  • Saves time
  • Efficient
  • Extensive coverage
  • Speed of transactions

6
THANK YOU
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