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Advantages of Net Banking ;
Online account is simple to open and easy to operate.
It is quite convenient as you can easily pay your bills, can transfer funds between accounts, etc.
It is available all the time, i.e. 24x7.
It is fast and efficient.
Through Internet banking, you can keep an eye on your transactions and account balance all the time. This facility also keeps your account safe.
Disadvantages of Net Banking;
Understanding the usage of internet banking might be difficult for a beginner at the first go.
Security of transactions is a big issue. Your account information might get hacked by unauthorized people over the internet.
You cannot use it, in case, the bank’s server is down.
Online account is simple to open and easy to operate.
It is quite convenient as you can easily pay your bills, can transfer funds between accounts, etc.
It is available all the time, i.e. 24x7.
It is fast and efficient.
Through Internet banking, you can keep an eye on your transactions and account balance all the time. This facility also keeps your account safe.
Disadvantages of Net Banking;
Understanding the usage of internet banking might be difficult for a beginner at the first go.
Security of transactions is a big issue. Your account information might get hacked by unauthorized people over the internet.
You cannot use it, in case, the bank’s server is down.
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