Internet Banking :

Internet banking one of the popular e-banking modes has changed the banking operations and offer virtual banking services to the clients on 24x 7 basis. It is also called as convenient banking, since the customer (account holder) can have access to his bank account from anywhere at any time, through the bank’s web site. The customer is allowed online access to account details and payment and funds transfer facilities. Net banking services of a bank can be accessed through a Personal Identification Number (PIN) and access password as in the case of ATMs. In net banking the advantage for the bank customer is that funds can be transferred from the client’s bank account to another account with the same bank or another bank through NEFT/RTGS. Another method of funds transfer facility is online payment of taxes. Bank customer can pay various taxes like income tax, service tax, etc.; Net banking can be used as a channel by the customer to pay the utility bills (electricity bills, telephone bills, etc) on line. Customers can make use of net banking to pay the insurance premiums and similar other payments.