2. To understood the meaning of E-Banking.
To study process of E-Banking.
To study the types of E-banking.
To study benefits and limitations of E-Banking.
OBJECTIVE OF STUDY
3. Data is being mainly collected from
books and internet source.
RESEARCH
METHODOLOGY
4. E-Banking system has become popular in recent
years. E-Banking system is very easy for customer to
access his account , check his balance and transfer his
money with in minutes.
currently the account holder of a bank want
to easy and quick access & securable way to withdraw
his money or other banking product , E-Banking is
one of the best way to access banking products, you
can check your balance, pay your bill at your home
just through enter your email ID on your respective
bank web portal.
INTRODUCTION
5. In simple words, Electronic banking includes the
following :
- Telebanking
- Debit cards
- Net banking
- ATMs
- Smart cards
- EFT etc.
E-Banking is personal banking service on the Internet,
protected with bank identifiers. It is available
anywhere, anytime.
MEANING
8. Automated Teller Machines (ATM’s) are electronic
computer terminals which offer automated,
computerized banking.
Transactions allowed may include:
Cash withdrawals
Transfers between accounts
Account balance information
Some ATMs may only allow cash withdrawals
ATM
10. Debit Cards are plastic
cards, which look like
credit cards. A debit card
is basically a better way of
carrying cash. Debit card is
generally issued by the
bank and is connected
through the ATM.
DEBIT CARDS
11. E-cheque has been regarded
as an important facilities. As
compare to the method of
issuing paper cheque which
involves various formalities,
the issue of E-cheque has now
become reality. E-cheque is a
system which provide more
security. E-cheque facilitates
on- line payment.
E-CHEQUE
12. Mobile banking also
known as M-Banking.
Mobile banking provides
various kind of services
like balance checks,
account transactions, bill
payments, credit
applications and other
banking transactions.
MOBILE BANKING
13. Electronic Funds Transfer (EFT) is a
system of transferring money from one
bank account to another without any
direct paper money transaction through
computer based systems.
EFT
15. 1. Global coverage.
2. Reduced in paper work.
3. Reduced the work load on local branches.
4. E-Banking can increase the bank’s revenue.
BENEFITS TO BANKS
16. 1. Anywhere anytime banking.
2. On-line purchase of goods and services.
3. Saving in time.
4. More customer satisfaction.
BENEFITS TO CUSTOMERS
17. 1. E-Banking can increase the flow of foreign exchange
2. E-Banking provide global market.
3. E-Banking eliminate the risk of carrying heavy cash.
BENEFITS TO GOVERNMENT
18. 1. Costly.
2. Lack of awareness.
3. Security and privacy problem.
4. Electricity problem.
5. No major participation by Govt. & RBI.
6. Problem of inter bank transfer.
LIMITATION OF E-BANKING
19. In the above discuss we conclude that, Electronic
banking is the future of conventional banking today.
Day by day, the Electronic Banking has been
successful with new technologies. Every technology
comes and makes the Electronic Banking more cost
saving and time saving way of banking. People use
Electronic Banking at home with highest comfort. So,
the relative advantage of Electronic Banking is higher
than conventional banking.
CONCLUSION
