Online banking refers to banking services where depositors can manage more aspects of their accounts over internet rather than visiting a branch or using the telephone.Online banking typically is comprised of a secure connection to banking information through the depositors’s home computer or another device.Advantages of online banking: -1.Convenience is a major advantage of online banking.Basic banking transactions can be performed easily between the accounts in less time.2.Online banking is fast and efficient.Funds can be transferred between accounts easily.3.Banking accounts can be monitored more closely.This helps customers to keep their account safe.4. Online banking can be accessed from anywhere using mobile phone.Disadvantages of online banking: -1.Online banking might be difficult for beginners at the first go.2.Internet connection is necessary for accessing online banking.3.Securiety of transaction is a big issue.your account information might be get hacked and misused.4.You can’t use it when the banks server is down.So it is my suggestion to secure your net banking account with a strong password.And don’t let anyone to know your password.