Change is a law of nature and everything undergoes change at some or the other time. Banking too, has transformed itself in accordance to changing times. Not all people have good experience while visiting a bank. Bad experience because of inconvenience are common complaints. The most irritating part is of standing in long queues. Added to it is the crowdedness of the place which can be equally hated. But with advent of latest technology comes comfort and banking services that are using it to the fullest.
Online facilities have totally revolutionised the banking services. The days of standing in long queues are things of the past with internet based access. Those used to city lifestyle are aware of the rush people are in and awaiting for turns is something not preferred. The basics of transaction are just a click away. Deposit money, withdraw or transfer money are a child’s play today with internet based services easy to understand and operate. The bank statements which one had to personally go down to get, can now easily be seen online and downloaded with ease.
All the information that one ever needs to know are put up on the bank’s website. There are a lot of clauses written down in the documents one signs on while availing of banking services. Most people are unaware of such terms and conditions involved. The online services has been of great help specially to the NRI people. Apart from staying away from home, they were always tensed about sending money back home. Online banking has solved this problem for NRI people. Banking were once confined to the city boundaries. But today the banking sector has expanded its arms for inclusive growth to include smaller towns also.