BANKING AFFAIRS

Detailed explanation-1: -Most financial institutions offer online services that include opening accounts, account inquiries, transfers, bill paying, an electronic account register, and access to important information regarding your financial institution. Another benefit of online banking is that it is available to you 24 hours a day.

Detailed explanation-2: -Total convenience But online banking allows you to perform banking transactions 24 hours a day and from anywhere you have internet access. This easy access means you can check your account balance, transfer funds, and even make deposits without visiting your local bank branch or wasting time standing in line.

Detailed explanation-3: -Definition of 24-hour banking self-service banking extending beyond normal banking hours by obtaining cash, making deposits, and transferring money between accounts at Automated Teller Machines.

Detailed explanation-4: -IMPS offers an instant, 24X7, interbank electronic fund transfer service through mobile phones. IMPS is an emphatic tool to transfer money instantly within banks across India through mobile, internet and ATM which is not only safe but also economical both in financial and non-financial perspectives.

Detailed explanation-5: -Under e-banking, account holders get unlimited access to their accounts-this is a true statement. Through e-banking customers can conduct transactions electronically. E-banking is a product designed for the purpose of online banking.