What is Net Banking | Features, Advantages & Security of Net Banking | Online Banking

From this video you will learn What is Net Banking or Online Banking or Internet Banking explained and how it works, Features of Net Banking, Advantages of Net Banking, Security of net banking for beginners in English.

Net banking:
Net banking also known as Internet banking or the online banking, is a facility offered by banks and financial institutions which allows the customer to use the banking services over the internet.
Features of internet banking:
The customer using this facility can conduct financial and non financial tasks like
The customer can view account statements.
The customer can check the history of transactions for a given period by the concerned bank
Opening a fixed deposit.
Paying taxes, utility bills, recharge mobiles, dth connections, insurance premium etc.
Advantages of net banking:
Saves time
Allows the customer to do financial transaction 24/7.
Immediate fund transfers are very helpful for the customers in urgent need.
Transactions are safe and highly secure.
The customer can get permanent access to his/her bank anytime and anywhere.
Security of internet banking:

The financial information of the customer is important. The banks or the financial institutions keep it on a high priority that the security of the customer accounts should not face a breach.



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