Thursday, August 9, 2018

Net Banking – 6 Valid Reasons You Should Use It

There is absolutely no doubt that the internet has made the entire banking process smooth sailing. For bank customers, internet banking is like having your bank’s branch open all the time; whether it is late in the midnight or a bank holiday. It is a service that can help save your time, money and energy. In fact there are innumerable reasons why customers should opt for this mode of banking. Here are 6 valid reasons why you should consider net banking.

It’s easy and convenient: Net banking makes it easy for you to manage your account at any time you like. All you have to do is fill a form and ask your bank to activate this facility on your bank account. As long as you have a laptop, smart phone or tablet with internet, you can get access to all your bank accounts at any time.

You can bank on the go: Mobile banking is designed to ensure that a customer has no trouble reaching his/her account at any time, even on days when there are bank strikes. You don’t have to rush to the bank to check your balance every time; whether you are waiting in line at a shopping mall or before you have to make a purchase.

Say goodbye to long lines in bank: Almost everything that could be done at the bank branch can now be done online. Depositing money from one account and transferring it to another, applying for loans, or checking your bank balance for instance. If you are not sure about a service, you can either call your bank’s toll-free number or use the on-line chatting service that answers any doubts about banking solutions.

Pay your utility bills online: You no longer have to go to the closest telephone or electricity bill payment centre. Just use the net banking facility to pay off all bills. What’s more you can even recharge your DTH and cell phones and pay those bills online as well. You can also set up automatic recurring payments for your phone, electricity bill, rent etc., to avoid any late charges, in case you are out of town.

Review your account activity at any time: The facility also comes in handy whenever you want to review any activity in your bank account. For instance, you don’t have to rush to the bank to see if cheques have cleared. You can check if there is sufficient balance to pay an EMI and transfer the amount into your account at any time to avoid any potential overdraft fees.

Get important notifications: Along with internet banking, you can sign up for e-mails and text message alerts to receive important notifications regarding your transactions and balances. You can get a notification for every transaction; whether money is debited or credit to your account, bills are paid or balance limits need to be maintained.

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