Mobile banking: In order to make banking even more easily accessible to its customers, mobile banking has evolved thereby allowing customers to access banking services on their mobile phones. Users of mobile banking facility are given a specific user name and password by the respective bank using which they can access the service.
The account holder can thus check his account balance and also avail a host of other facilities like making payments, transfer of funds, notify a bank in case of stolen credit or debit card, view monthly statement and many more.
Internet banking: Internet has become very common amongst people these days. Access to the World Wide Web has become quite easy with more and more cyber cafes and kiosks coming up.
Almost every bank now has internet banking option in their website. A person willing to check his savings account balance can login to internet banking using the specific username and password provided to him and know his account balance.
A host of other facilities as those mentioned with mobile banking can be availed using internet banking. However, increasing number of internet frauds necessitates the customer to be alert while accessing this facility. Read about tips to protect oneself from internet fraud.