5 Questions about Net Banking answered

 

Due to the lockdown, many people have thought to open new account online and start using online banking to carry out all their transactions. Many consider this to be the future of banking and prefer it over the traditional way of visiting the bank branch to carry out transactions. If you are new to net banking, this article might be useful for you. Read on to discover the answers to 5 common questions about net banking. 

1.  Is it easy to open a new account?

You could easily open new account online. You need to simply visit the bank’s net banking website and register yourself.  You would need to enter your customer ID which has been provided to you by the bank and enter your registered mobile number. You would receive an OTP by the bank which you would need to enter. You would then be asked to enter your debit card details and set your IPIN (initial one time IPIN would be sent to you by the bank). You can then log in to net banking with our customer id and the new IPIN that you have set.

2.  Is net banking safe to use?

Net banking is secured with end-to-end encryption, which means that no third party will have knowledge about the details of your account or of any of the transactions done by you. It is secured by a security PIN which is set by you and you wouldn’t be able to log in to the net banking page without the security PIN. This is one the reasons people open new account online as banking online has become very secure and safe.

3.  Could I access net banking from home?

It is very easily accessible as you could complete countless transactions at the comfort of your home. You do not need to go to the bank for every transaction and could just transfer the funds or carry out any task over net banking. You would just need internet service and a device which supports net banking (computer, laptop, mobile phones, etc).  You could access your bank account anytime, anywhere with the help of net banking.

4. Could I complete my transactions and services through net banking?

You could complete your transactions by transferring funds from your account to another using net banking. Apart from that, you could also avail the other services like paying your bills, issuing cheque book, etc. You could also pay off and keep a track on your loans using net banking. People who open new account online register themselves on the net banking as they have confidence that their money and assets are safe with the bank.

5.  Does net banking have any additional benefits?

Net banking offers many benefits to its users.  The primary benefit is the convenience that comes from being able to operate your account at any time. You can also access net banking to shop, book train or flight tickets and even do a mobile recharge.

 

We hope that this article helped you! We wish to see you net banking in the future.

 

 

 

Read More:- 5 Features of Mobile Banking

 

 

 

 

 

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