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Net banking is used to making online payments like paying utility bills such as water bills and electricity bills, making merchant payments, transfer funds, buy insurance, recharge prepaid mobile/DTH. Net banking can also be used to pay your credit card bills and loan EMI every month.

Online banking allows customers to make financial transactions or make use of small banking services through the internet. Through online banking, customers almost get all the services that are traditionally available through a local branch. Services like making deposits, transfers, and online bill payments are available through online banking. All banks and financial institutions will have their own official website which you can use for their banking services.

Internet banking enables customers of a bank or any financial institution to use small banking services that are allowed in their respective banks official websites. There are different types of online transactions that can be made

Banking is now possible through the internet and on your mobile phones too. With mobile banking and internet banking being widely used by customers, small banking services and transactions have become very easy through remote processes. 

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. 

Both life and property is surrounded by the risk of death or destruction respectively. These risks might lead to financial losses. The insurance company and the individual come to a legal agreement, where the insurance company is obligated to pay the insured individual according to the insurance policy drafted. Here are the advantages of having an insurance:

Refinancing a home loan means, transferring your existing home loan to another lender to pay off the existing loan. There are different reasons why people choose to refinance their home loan.

Qualifying for a refinance will depend on your eligibility criteria and mainly your credit history. The bank where you are transferring your loan to will require a few documents regarding the loan you are refinancing and the lender will check your credit score to make sure you are creditworthy. This is to check whether you will be able to make timely payments.

Refinancing your house, that is, transferring an existing loan to another lender can help you get the best interest rates and better terms of repayment. You would have to meet a few conditions like you should have paid at least the minimum number of EMIs and the property must be ready to occupy or already occupied.

Internet banking or online banking is an electronic payment system that enables the customer to conduct all financial transactions and access to banking services online. This is in contrast to the traditional way of branch banking. Through internet banking, you can do the following. 

State Bank of India (SBI), the largest lender in the country, has so many mobile applications, catering to different types of customers. YONO is the popular SBI mobile banking application for personal banking. The application provides the following Services. 

Each financial institution has its own procedure to activate internet banking. However, a general verification procedure is followed by most of the banks. Following is the general procedure of activating internet banking. 

Mobile banking is a service offered by banks, NBFCs and other financial institutions to carry out financial transactions remotely using the mobile phone. Financial institutions have their own mobile application which can be downloaded by the user and login using the credentials. Mobile banking has become very popular among the younger generation who use digital banking predominantly over visiting the nearby branch.

Deficit financing is adopted when the expenditure is higher than the revenue in a budgetary situation. This expenditure revenue gap is financed by either printing currency or borrowing money to bridge the gap. Governments having deficit budgets often get their finances by borrowing. The indicator of deficit financing is the fiscal deficit. A fiscal deficit is a shortfall found in a government's income which is compared with its spending.

Finance rate which is also known as interest rate is the amount you would have to pay in addition to the principal amount that you borrow from a bank or any other financial institution. The interest rate amount will be the percentage of the loan you take, which you would have to pay back to the lender. The finance rate will be calculated on a yearly basis.

Many central and state plan schemes have been introduced to improve the socio economic status of fishermen and also to increase marine fish production. There are also public bank sectors like SBI bank and Canara bank that provide funds for fishing activities. Canara bank provides loans for purchase or construction of mechanized boats and non-mechanized boats too. Depending on the fishermans needs, they can get loans as per their requirements and eligibility. They can get loans up to Rs. 1 lakh without pledging collateral. But loans above Rs. 1 lakh would require collateral.

The finance industry offers a range of career options. Before choosing a finance course or a particular job in the finance sector it is better if you assess the field and make sure it is something you would want to do. Before taking up a job, it’s better to assess the requirements of the job. There are many career options to choose from when it comes to finance: Investment Banking, accounting, corporate finance, financial planning, risk management, etc.

Finance companies help individuals get credit either for their personal purposes or for their businesses. Credit is extended to both small and large companies as well. A finance company can be a bank, a non banking financial companies, credit unions or other financial institutions. Whether you need a business loan or a personal loan, make sure you check which financial institution is providing you with the best offer before applying for credit. 

Alpha is a term used in investing to describe a strategy used by a trader or portfolio manager to beat the market returns for a period of time. It is considered an active return on investment, where the performance of an investment against the market index or benchmark is considered to represent the market’s movement on the whole. Hence the excess return of an investment relative to the return of a benchmark index is the investments alpha. The value may be positive or negative and is the result of the investment made.

When you are purchasing a bond you are lending money to the government or a company. You will lend money to the issuer or the borrower. The bond issuer agrees to pay interest on a regular basis to whoever holds the bond. The borrower would have to return the principal on the loan when the bond matures. Bonds can be useful to people who are looking for a way to invest their money. While opting to invest in stocks, you are not exactly sure of the future cash flows of respective companies. But with bonds, you know exactly what you are going to get.

A financial derivative refers to any financial security whose value is derived from or determined by the value of another asset. The asset from which a derivative gets its value is known as the underlying asset. Common underlying assets for derivatives are stocks, bonds, interest rates, commodities, currencies and market indexes. The values of these underlying assets change according to the market conditions.