FEATURES For a bank customer bank provides following facilities Non transactional tasks Viewing account balances Viewing recent transactions Downloading bank statements for example in PDF format Viewing images of paid cheques Ordering cheque books Download periodic account statements Downloading applications for M banking E-banking etc Bank transactions Funds transfers between the customer's linked accounts Paying third parties including bill payments see e g BPAY and third-party fund transfers see e g FAST Investment purchase or sale Loan applications and transactions such as repayments of enrollments Credit card applications Register utility billers and make bill payments Special internet banking services Personal financial management support such as importing data into personal accounting software Account aggregation to allow the customers to monitor all of their accounts in one place whether they are with their main bank or with other institutions FUNCTIONS See Net banking allows one to check a record of all accounts with the bank like savings deposits and credit card accounts
For example for a loan one can see the balance amount left to be paid the number of equated monthly installments and the repayment dates of the loan One can access monthly statements and record of past transactions as well Although one can see all the accounts online finer details vary depending on the bank Request Activating net banking facility reduces visits to bank branches or ATMs to minimalistic level Visiting branch could be due to any reason such as stop payment request or need a new debit card or a checkbook but one can perform the same sitting at home at a mouse click Services like opening a fixed deposit account recurring deposit accounts online or request for new PIN debit credit cards and change of address can also be availed Transactions