home banking service using internet and without using internet

1. APPA
Institute of Engineering and Technology
presentation on: Home banking
Submitted to:
Prof.Nitesh
Submitted by:
Mahesh.Patil

2. Meaning:
Under home banking, the customer can get banking services sitting at
home or office without visiting the branch. Number of routine transaction
can be undertaken by the customer like, knowing the balance, getting a
statement of account etc…

3. Types Home Banking:
The home banking broadly classified into two categories
 Home banking using internet.
 Home banking without using internet.

4. Home banking using internet:
The various facilities that can be enjoyed by a customer by
using internet in home Banking are:
Account details.
payment of bill.
Electronic fund transfer.
Online trading.
details about this service is provided under the heading internet
banking.

5. Account details:
View your bank account details, account balance download
statement. Also view your Demat, loan and credit card account details all
in one place.
Electronic fund transfer :
EFT is the electronic transfer of money from one bank
account to another, either within a single financial institution or across
multiple institution.

6. Payment of bills:
This is service that allows pay various bills through internet
banking i,e 24 hours a day
example: mobile bills, insurance premium etc…
Online trading:
The act of buying and selling stocks, bonds and other financial
instruments through the internet.

7. Home banking without using internet:
here banking facilities are available to the customers sitting in home
without using internet. The instrument used here is telephone. By calling up
branches the customers can enjoy various facilities like.
 Opening the account.
 Appling for cheque book.
 Requesting for statement of account.
 Transferring fund.
 Account details.
Each customer is provided with ID and password. Each time when
a customer makes a call to the bank. He has to give the ID and password to get
the servises.

8. Advantages of home banking
Provision of banking facility without visiting the branches.
Quick services can be provided.
Cost of providing services is less.

9. Limitation of home banking:
Home banking facility cannot be given by the banks which are not fully
computerized.
Illiterate customer cannot make use of home banking facility.
Misuse of facility by the outsiders is also possible.

10. CONCLUSION:
Home banking refers to accessing internet
facility provided by particular bank to an
individual to know about there access funds,
accounting information & other banking
services.

13. INTRODUCTION:
Home banking generally refers to either banking over the telephone
or on the internet. The first experiments with internet banking started in
the 1980, but it did not become popular until the mid 1990 when home
internet access was widespread.

14. Features:
 Access current account balance at any time
 Online bills payments
 Download account transaction
 Transfer money
 Obtain charge and credit card statements
 Keep a track of accounts online
 Investment purchase or sale
 Account aggregation
 Loan applications and transactions such as loan payments