Experience the Comfort with Internet Banking

Posted by Shaheen Shaikh on November 1st, 2018

Nowhere has the Internet truly revolutionised our lives the way it has in the sphere of personal banking. Today, most people with access to a smartphone are choosing online banking – they may not even remember the last time they visited their bank branch!

If you have not yet adopted Internet banking into your financial life, then it is high time to do so. We present a few points in favour of net banking online:

* It is quick.

The Internet has ushered in many firsts in our lives, but the biggest benefit it has provided is the luxury of time. Net banking online is an excellent example of this statement: online banking is so quick that you would be amazed at the speed at which you can perform any banking task. Just log on to the bank’s digital portal or smartphone app to transfer and receive money, monitor your bank accounts, make investments and also buy new banking products.

* It is convenient.

Apart from the complete ease with which you can do your Internet banking, there is much to be said about how convenient the medium is. You don’t need to go to the bank branch, nor do you need to sign and submit any physical paperwork. From opening a new bank account to a new investment, or for transferring money to paying your bills, it can all be done via online banking without you even getting off your chair at home.

* It is safe.

Earliest users of the digital payment platforms were justifiably sceptical about using the online banking channels which did not provide the highest levels of security. But today, leading banks in India are ensuring customer safety via secure net banking online. Banks’ smartphone apps and also third-party UPI-based payment apps are extremely safe platforms for daily banking, whether personal or business. The apps are connected to your bank account directly and they provide two-factor authentication and strict protocols to prevent any incidents of hacking or online theft.

* The bank is always with you.

By virtue of connecting your cards and payment apps to your bank account directly, your bank is always with you wherever you go. Today, the deep connection between personal finance and each user cannot be emphasised enough. Whether you wish to merely take a look at your finances, or sum up the money left over in your various accounts, or monitor your mutual fund investments or buy a new insurance product, all you need is your smartphone and your bank’s app on it. Besides, you can pay your bills, book movie and travel tickets, and also shop online using the bank’s app and smartphone.