What can you do with your Internet banking Account?

Internet Banking

With India and its citizens slowly moving towards a digital economy, a great way to start on that road is to start using NetBanking. Every bank offers its customers Internet Banking, where a customer can conduct a vast range of financial transactions through the bank’s website.

Some of the operations that can be performed are:

Accounts Summary

  • Track your savings account transactions and balance
  • Start and manage a Fixed Deposit, a Recurring Deposit or even an FCNR (Foreign Currency Non Repatriable) deposit
  • Get an overdraft against a fixed deposit


Fund Transfer

  • Transfer funds within the same bank (between Re.1 to Rs.10 Lakhs per day)
  • Instant fund transfer using IMPS
  • Transfer funds to any other bank’s account via NEFT
  • Perform RTGS between amount Rs.2 Lakhs to Rs. 10Lakhs
  • Access to UPI
  • Transfer funds to someone outside of the country



  • Download a transaction statement
  • Track the status of Fixed or Recurring deposits if any
  • Track any cheque transactions
  • Enquire about TDS (Tax Deducted at Source)



  • Request the bank for a CIBIL score report
  • Update KYC information
  • Request for a new Cheque book
  • Request the issuing of Demand Draft which is couriered to the applicants updated address
  • Update Permanent Account Number
  • Submission of Form 15H (No Tax deduction at TDS for Senior Citizens) & 15G (for others)
  • File your Income Tax Returns



  • ePayments for bills like telephone, gas etc
  • Send in a request for a new Credit Card, Debit card pin generation, Forex Card or Gift card
  • Invest in Mutual Funds
  • Purchase Insurance for protection, savings, health etc.
  • Apply for loans, car insurance, personal loan
  • Offers on interest rates by banks

The list keep growing as banks compete with each other and with fintech startups to offer the latest in technology to ensure a superior e-banking experience


8 thoughts on “What can you do with your Internet banking Account?

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