All major banks offer net banking facilities that lets you carry out routine banking transactions online instead of having to visit the bank’s branch each time. Some of the key facilities that can be availed by using net banking include -
When you access the SBI net banking portal, you are asked if you are a new user or an existing user.
ICICI account holders have it easy as they will get their user ID and password with the welcome kit that is provided when an account is opened with them. However, if you need to generate a User ID, follow the steps given below -
With these steps you can unlock a world of convenience through net banking.
Given below are some of the most important benefits that customers can enjoy with net banking:
A major advantage of net banking is that you can carry out transactions anywhere, anytime. Additionally, you can save a lot of time that would have otherwise been spent commuting to the bank branch, or waiting in long queues inside the bank. You can also carry out transactions from the comfort of your home or office.
You get to view your account balance, transfer or receive money, or access other details through net banking. Some banks like HDFC allow account holders to carry out more than 200 transactions through their net banking facility
Banks have implemented two to three levels of security checks to ensure that only the authorized account holder can transact from a particular login credential. Additionally, steps like transaction passwords and OTPs prevent fraudulent transactions.