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What Is Net Banking: Features, Advantages & How Does It Work Net Banking Meaning Netbanking, or internet banking, is a way to do banking online. It is an electronic system that anyone with a bank account can set up and use to manage their finances. Almost everything you can do at a bank in person can be done through internet banking. Why You Should Use Net Banking? Most banks are using or are starting to use technology to meet customers' needs. While traditional banking at physical branches is still the most popular, netbanking is gradually becoming an important part of how people manage their banking. 1. Net Banking Saves Time A bank customer can use netbanking on any device with internet access, like a laptop, desktop, or even their mobile phone. They don't need to visit the bank to transfer money, check their transaction history, or handle banking questions. 2. Netbanking Helps Open Accounts and Transact Digitally Customers in India can open and manage all types of bank ...