Net banking is a facility that is offered by banks and other financial institutions to allow customers to use financial services through the internet. The advantage of using net banking is that you don’t have to visit your bank branch every time you want to make use of small banking services.
Process of net banking:
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In case you want to use the net banking services provided by your bank or financial institution, you will have to register for the facility. You can either register when you open an account or you can also register later
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After registering, you will get a Customer ID and password
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Using your Customer ID and password you can log in to your internet banking account
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Some banks might provide an authentication process during login, such as sending an OTP to your registered mobile number for verification
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Once you are logged in you can make the necessary transactions