How technology has changed banking over the years
E-banking, online banking, net banking, etc. have completely changed the way banking is done today.
The banking system is introduced in the late 14th and 16th centuries in Germany and Italy.before the bank is not available but the purpose of the bank is done by people to lend some money on higher interest. when the time changes and technology growing day by day the banking system also changes as the customer requirements in older time the customer has to go for the bank for little work and it wastes the time of customer to stand in a queue of 1-2 hr and work have done is 2 hr to a little work like passbook and details of schemes and apply for loan.but the time changed and online banking is introduced which is save the time of the customer as well as a workforce of the bank.if you want to give some money to simply send on one click without going to the bank. online banking is the new era of banking where customer need not go to the bank for work even if the customer wants to open a/c on the bank they open their a/c through the mobile application or net banking it is simply as creating a/c on any social media.
if any customer wants to create their FD/RD they need not go to the bank he/she simply use the bank application for it
If you want any information related to schemes, loan fd, or your account information or even insurance premium you don't have to go to the bank you simply do your work from anywhere in the world on just one click.
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