What is Electronic-Banking
• E-banking is defined as the automated delivery of new and traditional banking products and services directly to customers through electronic, Interactive communication channels.
• E-banking includes systems that enable customers of financial institutions, individuals or businesses, to access accounts, transact business or obtain information on financial products and services through a public or private network, including the Internet
• In addition, e-banking is made up of a broad category of systems and devices, including one of its first and perhaps most common forms that include credit and debit cards
• E-banking provides clients with the capability to do business with the bank, even after working hours, and the clients can do it in places they deem comfortable to use the computer and the internet
I am using internet banking from past 3 years.Its really a boon.As I can do transfering money from one account to other account as well as to PPF account do not need me to go to bank which saves a lot of time as I have internet connection at home also its not restricted to bank's working hours
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