E-Banking services

E-banking services meaning
E-banking types
ATM
RTC
ETF
Mobile banking
Internet Banking
NEFT
debit card and credit card
Advantages of E-banking
Disadvantages of E-banking
Conclusion

1. E-BANKING SARVICES Under The guidance of Sundar B .N Asst P roff. & course co-ordinator Post-graduation studies in commerce G. F. G. C. W H olenarsipura Bhoomika G.K 1 st M.Com

2. MEANING OF E-BANKING SARVICES Internet banking also known as online banking. E- banking or virtical banking is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transaction through the financial institutions website

3. TYPES OF E-BANKING

4. Atm (Automated teller machine ) Automated teller machine are electronic devices That enables the customer of bank to conduct financial transaction Without the help of the bank staff

5. 2.RTC (Real time gross settlement ) It is a system fund can be transfer electronically from one bank to another bank Real time means transfer money (fund ) immediately without waiting Gross settlement means transaction another branch or netted with any other transaction

6. 3. EFT (Electronic fund Transfer ) This is system transfer of money between different account Through computer generated system Rather than use of cheque and Cash

7. 4.Mobile Banking Bank allows the customer to conduct financial transaction over the phone Through the phone banking the customer can get information about his account

8. 5.Internet Banking Under this services the customers can Can conduct banking transaction over the internet

9. 6 NEFT (National Electronic Fund Transfer If is system fund can be transfer electronically anywhere Across the country NEFT settlement takes place 6time a day during the week day

10. Debit card AND CREDIT CARD Debit cards The debit card replace cash while making payment during purchase Credit cards When someone uses a credit card to make a purchase. That person account Accues a balance that must be paid Off each month

11. Advantages of E- banking It is available 24 hours a day and 7days a week our can send money and time Through this you can check balance and online transactions any time on need to revolve transactions any time on need With online banking or net banking payment of bills or ticket booking become easy Find transfer loan application with internet banking can be done with records

12. Disadvantages of E-banking For net banking internet connection required To use internet banking basic knowledge of computer and internet is must be in order If internet speed is slow server is downs then online transaction is not possible If yous password or pin id comes is wrong hand it can be misuse

13. Conclusion Online banking is just like normal banking With one big exception You don’t have to go to the bank for transaction Instead you can access your account any time and from any part of the world And do so when we have the time and not when the bank is open

14. REFERENCE Author – maidavolu narasimham https :// link . springer . com / chapter / 10.1007/978-0-387-75734-6_7

15. 1 Can pass the law for e –banking SBI Parliament
RBI
merchant association

16. 2 true about debit cards and Atm cards Offline e –banking Online e –money Cash money None of the above

17. 3 credit cards are a covenient subsitute fot Cash Cheque Both of the above None of the above

18. Ans 1 RBI 2 Online e –money 3 bothe of the above