Internet Banking: What are its advantages, disadvantages?


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Friends, we know about “What is Internet Banking” and uses it.

But still, I thought about writing a detailed post because there are still many people Internet Banking. They don’t know much about, or they don’t know how to use it properly.

So in today’s post, we will tell you about Net Banking in full detail and tell you the advantages and disadvantages are? And what are the essential things you need to keep in mind when using it?

Friends ever since Internet And computers have come into our lives, and the work of our daily lives has undergone many changes, or, say, revolutionized.

We now have a lot of work to do very quickly, sitting in one place, the most important change that has undergone in the banking sector.

First we had to go to the bank to open an account, transfer money to someone or take it, go to the bank to apply for a loan, then go to the bank.

But after the Internet has come and establish, banking has now completely changed for the common people and has become easier.

So let’s go Net Banking Let’s talk about in detail –

What is Net Banking

We also know Net Banking as online banking and Internet Banking. Which is an electronic payment system.

It allows you to make many different types of transactions through the Internet from the comfort of your home. Now, whether it is to transfer money from one bank account to another.

Or keep a full description of the transaction of the paso. Also, you can do a lot with net banking.

Customers do not need their bank’s branch office to avail each small service. All account holders do not get internet banking facility.

If you want to use internet banking services, you need to register for the facility at the time of opening the account or later. You need to use the registered customer ID and password to log into your internet banking account.

You have to go What happens to Net Banking Now you know that Net Banking You also know what benefits you have.

Net Banking Advantages of 

While using Friends Net Banking gives you a lot of features like offers, but in addition, we tell you about them in detail –


Friends the best advantage of net Banking is that you need to transfer money to someone at any time you can. Or you need to see the details of your account at any time. You can access your bank account from anywhere at all times.

Easy to Operate

What happens in the second offline friends like you may have experienced, go to the bank first, there are many forms to fill these forms, and overall there is a lot of complex system.

When you use net banking, you can easily make money transactions or pins.

Time Efficient

The best advantage is with net banking, otherwise it takes you several hours after going to the bank, whereas with net banking you can do anything you can do in a few minutes.

Activity Tracking

When you transact in a bank branch, you will get an acknowledgement receipt. And it can also be lost to you, while on the contrary, your account in net banking is completely safe on their website.

You can show it as proof of transaction if needed. The return comments such as the name of the payer, bank account number, amount paid, date and time of payment, and comment if any will be entered.

So these are all benefits of i nternetbanking that you can save your time and access your bank account at any time and your bank slip is safe.

But it is not that internet banking does not harm you, but it is important for you to know.

Disadvantages of Internet Banking 

Transaction Security

Friends BNo matter how much you say that our internetbanking is secure, there is always a fear of hackers. And such cases continue to come up nowadays.

Difficult for Beginners

Friends, how to use net banking for any man who is new, becomes very difficult many times as if his PIN is activate, etc.

So friends in the post so far we told you what is Net Banking and what are the disadvantages? Now we’re going to give you a lot of specific information about how Internet Banking works so that new people who are or who don’t understand how to use net banking are helped, let’s know –

How Net Banking works

Friends Net Banking will definitely be a question of how it works now, knowing what is net banking and what its benefits are?

You just have to create an account on the website of the bank in which you have an account to use Net Banking.

You only need a personal computer, laptop or a mobile phone and an internet connection to log into your online banking account.

Once you’re logged in, you can easily access a host of online financial services by your bank.

Friends If you are using Internet banking for the first time, you must first go to the bank where your account is open and become one of your accounts

And your bank provides you with an ID and Password that you can open your online bank account. And you can also take full details of your money transactions and accounts.

Closing Notes

So friends today’s post will give you full information What is Net Banking . And at the same time, you must have known what you will get if you use net banking.

If any of your suggestions or questions are about our post or our blog, you must comment to us.

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Raushan Kumar
A Cook, Software analyst & Blogger.


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