E-Banking, or electronic banking, allows customers to conduct financial transactions online without visiting a physical bank. Through secure websites or mobile apps, users can check their account balances, transfer money, pay bills, and even apply for loans. This convenience makes managing finances easier and faster, especially for those with busy schedules.
With the rise of technology, many banks now offer features like mobile check deposits and 24/7 customer support through chatbots. E-Banking not only saves time but also provides a safer way to handle money, as transactions are encrypted and monitored for security. Overall, it has transformed how we interact with our finances.