What is Internet Banking?
An individual can access all the Banking activities via the web by using official bank website. Nowadays a lot of people have an awareness of Internet Banking and most of the people using it frequently.
From Bankside also they are providing a lot of facilities to the customers. Even you can transfer the money to any Bank Branches in India using online banking. You can fulfill your day to day life activities like Paying Bill, Recharge, Ticket booking, etc., With the help of Internet Banking.
List of Services using Internet Banking.
There are plenty of services you can utilize by internet banking. All you need is activated login id and password. Below are the list of facilities you can avail by using Internet Banking.
Account Summary: Here you can see all of your transactions. If you need your account statement, you can download from here.
Fund Transfer: Make your credit card payments using fund transfer option. You can transfer money to anybody in India or transfer into your bank account using IFSC Code of your branch.
(Ex: – If you had an internet banking with IDBI bank and you are running two accounts with them. At any time you can Inter-transfer money between your account using ifsc code of IDBI Bank.)
Fixed Deposit: By using internet banking you can Create Fixed Deposit (CFD), View and Download your Fixed deposit summary. You can foreclose your Fixed Deposit also.
Recurring Deposit: You can also create a Recurring Deposit (RD), View and Download your Recurring Deposit summary. You can foreclose your Recurring Deposit using internet banking.
Debit Card: Here you can see all of your linked debit cards. Temporarily or Permanently you can block your card for any situation. You can create your daily limits for withdrawals and shoppings.
Bill Payments & Recharge: Here you can view and pay all of your bills (Mobile Bill, Electricity Bill, etc.,) through online and you can make a quick bill payment without registration. Recharge for your Mobile and DTH account. Finally, you can view all of the transactions histories by setting date limit.
Buy Insurance: If, you want to see & purchase insurance from more categories like General, Car, Two Wheeler, Travel, Life Insurance, etc.,
Pay Taxes: Instead of standing in the queue, you can use online banking to pay your taxes without delay.
Loans: If your transactions are real and have a good relationship with the bank they will offer you many loans. You also apply (Home loan, Car loan, Personal loan, etc.,) on your own.
There is huge list of Non-Financial and Financial services are available. So, you can get benefit all those things using internet banking when the opportunity comes.