We all do our bit in day to day life to try and protect our environment by all possible means. Whether this is recycling paper in the office, cycling and leaving the car at home, taking share cabs or something as simple as using eco-friendly carrier bags.
Blog: https://financebuddha.com/blog/world-environment-day-2018-save-paper-switch-to-paperless-banking
2. The awareness towards conserving nature has been
flourishing among the crowd since last few decades. We
celebrate special days like ‘World Environment Day’, ‘Earth
Day’,to keep the concern ignited among the masses.
3. An increased use of paper results in more and more
cutting of trees. The use of internet in the day to day
affairs has given us the convenience to minimize the use
of paper.
4. Paperless banking provides all the banking features online.
There was a perception till a few years back that online
banking is not very secured. But it is now proven that
online banking is one of the safest modes of banking.
5. All the banks in India offer net banking facility on their
websites with the following features:
E- Payment
Cash withdrawal
Cash deposit
Fund transfer
Balance Inquiry
Apply for loans online
6. A ‘paperless banking’, indicates all the banking services can
be automated and make available online to create more
productive, environment-friendly and user-friendly service,
interactions and transaction. Here is how an online banking
is believed to be more convenient than conventional
banking
7. Security and Privacy
The digital banking services use software tools which are near
to impossible to crack hence any kind of information is very
secure and can’t be hacked.
8. Can Be Used 24*7
The use of internet has made it possible to avail any of the
banking services at any time and any day.
One just needs to log into the online account through mobile
or a computer and your job will be done with just a few
clicks.
9. Saves Time and Effort
While visiting a bank one needs travelling and after
reaching the bank one needs to stand in long queues to
let his/her turn to come.
All those processes are much time taking and needs a
lot of effort.
An online banking has erased all those difficulties of
conventional banking
10. You Can Avail the Services From Anywhere
The geographical gap between the bank and its customer
is no more an issue to worry about.
One can even apply for personal loan online for any
urgent need of money.
11. Almost all adult Indians possesses a bank account. Only if
we activate our online banking services, we can take a little
but significant step towards conserving trees by
minimizing the use of paper.
