What is The Benefit of Digital Banking?Estimated reading time: 3 minutes
Benefit of Digital Banking

What is The Benefit of Digital Banking?

Posted on Friday, September 16th, 2022 | By IndusInd Bank

After slogging for a week in the office, are you also spending two Saturdays a month standing in bank queues? Is supervising your finances getting more complex and tedious amidst your busy schedule? It does not have to be his way. By opting for digital banking, you can minimise the time and effort you put into managing your wealth.

Whether you need to apply for a loan or transfer cash to your friend urgently, IndusInd Bank offers digital banking facilities through which you can do it all and that too without stepping out of your home. Read on to know how IndusInd Bank’s digital banking can simplify your life with its numerous benefits.

Benefits of Digital Banking

1. Convenience and efficiency:

Digital banking is time efficient as it allows you to access most banking services from the comfort of your home. You can save time on travel and convenience. Digital banking is a great source for people who reside in remote areas where traditional banks may be difficult to access. They are also great for elderly people and working professionals with busy schedules.

2. Round-the-clock access:

Traditional banks have fixed operational hours that you must abide by if you wish to avail of their services. With digital banking, however, time is never a constraint. When banking is at your fingertips you can make transactions anytime and anywhere.

3. Auto-debit facility:

Whether you need to pay your taxes or clear your bills, with digital banking you can automate your payments and forget about the billing cycle. You can also undo automatic debits anytime you want.

4. Safety and security:

Digital banking is safer than transactions made by cash as there is no risk or threat of burglary. Moreover, online transactions will always have proof that can be reproduced if required.

5. International transfers:

Through digital banking, you can make international transactions on your own. It can make life convenient for those who have friends and family living abroad or those who may have business relations outside India.

How to access IndusInd Bank’s Digital Banking facility?

IndusInd Bank offers internet banking that you can access via your laptop or mobile. To open a digital bank account you must visit the IndusNet website and register with your debit card or credit card. You can then set your login id and password that you will use to access your account and answer a simple security question that would come in handy in case you forget your password. You must then use the login credentials submitted earlier and access IndusInd Bank’s digital banking facility as you please.

What services can you access via IndusNet?

IndusNet comes with a range of services, some of them are:

  • Account-related enquiries (bank statements, transaction history, issued cheques, etc).
  • Utility bill payments (pay bills, alerts for due payments, billing history, instant payment, etc)
  • Financial transactions (fund transfer, RTGS, NEFT, etc)
  • Make enquiries and requests (request for cheque book, stolen debit/credit card, demand draft, fixed deposit, rewards redemption, etc)

Final words

Digital banking has numerous advantages that can overall simplify your banking experience. To open a digital bank account visit IndusInd Bank’s website today!

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.

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