1. INTERNET BANKINGUnder the guidance of Presented by
Dr. S.L.Thulasi Devi NAMITHA S
Asst.professor ROLL NO: 178920
SCHOOL OF MANAGEMENT
NIT WARANGAL
2. • Internet banking allows the user to conduct transaction
from one account to another by means of electronic
medias such as mobile phone, laptop etc
3. LET ME INTRODUCE MY BIO
I AM INTERNET BANKING
• Born in 1994 in united states, and my father is
‘ stand ford federal credit union.
• Which is a financial institution.
• ICICI bank introduced me to India on 1997
• People started widely using me from 1998.
• You can expect services such as online bill payment, shopping,
ticket booking, prepaid mobile services, investment services,
online applications, insurance payment, simple account
transactions, fee payment etc related all the transaction
services from me.
• I am ready to serve you from your PC, Mobile, i-pad, provided
you have to offer me internet and connect me with your bank
4. TAKING YOU TO
• Customer needs to open bank account
• It can also done by online YONO SBI / from bank.
• SBI will provide you internet banking kit with a password along with your
ATM
• You have to login into SBI online Banking and register your self to take
forward you to the banking experience.
• Connect your account with bank and change your password.
• You have personal banking & corporate banking if you are a corporate.
5. • You can do the transaction either by opening the SBI internet banking
website on your pc
• An online banking mobile application is developed transactions through the
mobile phone.(SBI personal banking app)
• Every bank has their own applications, and different kind of services.
• All the payment gateway having access with the bank.
• Bank will charge you for their services.
• High end security password called OTP/One time password.
• It has been delivered to your registered mobile number, once you entered
the password, bank will ask your confirmation and execute the service you
prefer.
6. SERVICES
Self account fund transfer to same branch
Third party account transfer with other branches
payments of bills recharge shopping
Insurance and other services
Donations
Ticket bookings.
Shopping.
Fee payments through net bank collect
7. RBI AND E-BANKING
• Reserve bank of India constituted a working group on internet
banking.
• Group divided the internet banking products in India into three types
based on levels of access granted.
1.Information only system
2.Electronic information transfer system.
3.Fully electronic transactional system
8. INFORMATION ONLY SYSTEM
• General purpose like interest rate, branch location
• bank products and their features,
• loan and deposit
• calculations are provided in the bank website
• Downloading various types of forms
• Communication is normally done by email
• No interaction with customer and bank application system
• No identification of the customer is done.
9. ELECTRONIC INFORMATION TRANSFER SYSTEM
• Customer specific information such as account balance,
transaction details, statements of accounts
• Information's are on read only format
• Identification of the customer is through password.
• Information is fetched through bank application system.
10. FULLY ELECTRONICS TRANSACTIONAL SYSTEM
• It is a bidirectional system.
• Transaction can be submitted by the customer for online
update.
• It requires high degree of security and control.
• Web server and application system are linked over secure
infrastructure.
11. ADVANTAGES
• 24/7 account and service access :- any time ,any where service
• Speed and efficiency:- fast and easy to transact
• No need to go to bank and stand in queue.
• No paper transaction.
• Time taken for transaction is very less.
• There is no problem of accessibility to the bank and holidays.
• Online bill payment
• Low overhead can mean low fees
• Low overhead can mean high interest rates on deposit accounts
• An online passbook having all updated transactions.
• Reduced cost of operation for bank.
• Large customer coverage.
• International promotion of products and service.
12. DIS-ADVATAGES
• Technology issues :- proper high speed internet connection,
technology issues with the bank
• Security issues:- if any your data leaked ,customers are trapped
many times, common issues of fraudulent transactions
• Inefficient at complex transactions: Currency problems
• No relationship with personal banker:- there is no physical presence
of the person.
• Inconvenient to make deposits:- You have to go to bank or to access
into deposit machines previously to make transactions.
• Person should know about the internet. and acces to internet .
