Introduction Banking is very important in everybody's life. Let us educate ourselves about different ways of banking. There are some ways such as bank on line, bank in person, bank with your phone, bank with your watch etc. The use of technology in banking sector has made banking very fast, easy, time saving and cost effective. Let us learn and use the different ways to banking as per our requirement.
Type of bankingThere are five type of banking namely:
Bank on line:This consist of net banking, credit card online banking, statements by email, loan account online.
Bank in person: This consist of branches network and ATM services.
Bank with your phone : This consist of phone banking, mobile banking, instant transfer and recharge, SMS alerts etc.
Bank with your watch : Some of the services available through watch banking such as view Information of all your accounts, recharge your Mobile & DTH, request A/c Statement & Cheque book, Locate HDFC Bank ATM & Branch, Hotlist your Debit Card
Services through social media: Some of the services available through OnChat such as recharge your mobile phone, pay your utility bills like post-paid mobile, electricity, DTH, Book a cab from Ola or Uber and booking of buses.
Benefits of Internet banking There is a lot of benefits of netbanking in today's world. It has become inevitable now and we can not survive without net banking. Some of the benefits listed below:
Credit card net banking
If you have credit card, you can manage it online.
Loan account onlineEarlier people have to pay house loan EMI through cash/cheque. Now we can transfer through online as NEFT. It is free up to 10,000 amount within same bank and charge Rs.2.50 for other bank and money is being credited within 4 hours. It is very easy and good way to pay home loan and car loan EMI.
ConclusionNet banking and mobile banking has become very popular now-a-days. People should learn the things to enjoy the benefits and convenience of various ways of banking. Net banking and mobile banking has saved time and reduced the cost to banking. It is boon if used cautiously and safely. We should not share UID, password, customer ID, credit card no., pin, cvv no. and other secret information to anybody.
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