The Institution of Chartered Accountants of India.

SNDT COLLEGE GHATKOPAR WEST

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Introduction
Net Banking is a system of banking in which customers can view their account details, pay bills, and transfer money by means of the Internet. Internet banking is sometimes called online banking,net banking. Internet banking uses the Internet as the delivery channel to conduct banking activity. Internet banks are also known as virtual, cyber, net, interactive, or web banks.

Facilities provided by net banking

Accounts related options Fund transfer Term deposit details Loan options Cheque book request Cheque status enquiry Stop cheque request Demand draft request Session summary report

Advantages of Net banking

Improve customer access Facilitate the offering of more services Increase customer loyalty Attract new customers reduce use of paper thus making the process eco-friendly. Reduce customer attrition

What Is an E-Bank?
Traditional banking business assumes:
Customer desk at banks building Office hours from 8.00 am to 7.00 pm

Customers have:
Their job during the day Family or other activities after the job
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Collision!

Sources Of Net Banking

Logical answer is to use e-channels:

Internet WAP based mobile network Automated telephone ATM network SMS and FAX messaging Multipurpose information kiosks Web TV and others
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Internet Banking
Sample Internet Banking Architecture

Process Of Net Banking

Step 1
After furnishing your personal details, educational details and on completing the application

Step 2
Click on make payment tab

Step 3
Choose the credit/debit/internet banking option

Step 4
Click on click here to finalize the amount link

step 5
Do not close the window/browser or refresh the page throughout the payment process

Step 6
Click on click here to pay through internet banking Now, bill desk payment gateway page will be displayed

Step 7
Select the payment option through which you are going to make payment

Step 8
Enter your card details or bank details as required. Please wait until the page gives the message your transaction successful

Step 9
You will be redirected to make payment page which will have the payment details like RR no, payment date etc.

Step 10 Your transaction is now complete . Please make a note of the RR No , for any future reference.

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Biblography
www.google.com www.vodafonelive.in www.wikipedia.com

Acknowledgement
We thank ICAI, ITT Ghatkopar Branch to give US this wonderful opportunity to present OUR project.