You are here

Internet Banking - Advantages and Disadvantages NetBanking

Internet Banking - Check out Advantages and disadvantages of Internet for NetBanking. Also known as Internet Banking, So let us find out points on advantages as well as disadvantages of the internet which are as follows.

Some Advantages of Internet Banking are:

  1. Internet banking is 24 hours a day and 7 days a week. One can send money any time.
  2. Payment of bills or ticket booking is easy with online banking or net banking.
  3. With Internet banking Fund transfer, loan application can be done within seconds.
  4. One can update contact information as well as can check online statement with NetBanking.
  5. One can check balance and online transactions any time , no need to visit bank.

Some Disadvantages of Internet Banking are:

  1. Internet connection is required for NetBanking.
  2. If bank's server is down or internet speed is slow then online transaction is not possible.
  3. One can misuse your account if your password or Pin Id. comes in hand of an unauthorized person.
  4. Basic knowledge of computer and Internet is must in order to use Internet Banking.

These are some of the advantages and disadvantages of an Internet for NetBanking or Online Banking

Tags:

Explore more Information

Trending Posts

Examples of Acids and Bases

Examples of Acids and Bases are as follows , so let us check it out some information on Acids and Bases to know more about it.

Examples of Acids are:

  1. Hydrochloric Acid
  2. Nitric Acid
  3. Sulfuric Acid
  4. Oxalic Acid
  5. Hydrophosphoric Acid
  6. Nitrous Acid
  7. Chloric Acid
  8. Bromic Acid
  9. Fluoric Acid
  10. Chromic Acid etc...........

Examples of Bases are:

Full Form of MOT,MBBS

Master of Occupational Therapy (MOT) is a professional degree program offered by various health care schools.(Other full form and meaning  of MOT are also available) So check it out other articles related to the given term.

MBBS - Bachelor of Medicine, Bachelor of surgery (Degree awarded by medical  school).