e-Banking:

• Banking transactions done using electronic forms via. internet is called e-banking.
• With the arrival and advancement in internet services banks also started providing its services over internet.
• Due to internet all the branches of bank across the world got connected and started providing very fast, efficient and reliable financial services to its customers.
• The branch of a bank in which a person opens his bank account is called his ‘home branch’. E-banking has connected all the branches of its bank via. servers and internet and so the customers can perform the banking transactions from any branch.
• Banks have also set-up ‘e-corners’ at different places. These e-corners provide several facilities like withdrawing or depositing money from account using ATM machines, knowing the balance in account, etc.
• Whenever a person performs any such transactions in e-corner the bank sends him SMS on his registered mobile number.
• E-Banking saves time and expenses of both customer and bank and also aids faster banking.