Internet Banking

Internet banking, also known as online banking or e-banking, is a digital banking service that enables customers to manage their bank accounts and conduct transactions through a secure internet connection. It allows customers to access their bank accounts and perform various banking activities without having to visit a physical bank branch.

Through internet banking, customers can check their account balances, view transaction history, transfer funds between accounts, pay bills, apply for loans or credit cards, and more. Some banks also offer additional services such as investment management, insurance services, and mobile banking through their online platform.

Internet banking is a secure platform that uses encryption technology to protect customer data and prevent unauthorized access. Customers typically need to set up a login ID and password to access their online banking account, and some banks may offer additional security measures such as two-factor authentication to further enhance security.

Using internet banking can save time and provide greater flexibility and convenience compared to traditional banking methods. However, customers should take precautions to protect their login credentials and avoid accessing their accounts from public or unsecured networks to prevent unauthorized access to their personal and financial information. It is also important to review the terms and conditions of the online banking service, including any fees and limitations, before signing up for an account.