Buy your shares and pay your bills over the internet

Currently banks are offering payment of your phone bills and electricity bills through the net. If you receive a bill in the post from either MTNL, Airtel, Orange, BPL Mobile, BSES, BEST and Skycell, all you have to do is log into the bank's network after entering your code. Then you select the company to whom payment is to be made, specify the date and the amount of payment. The bank will act on the request by debiting your account and crediting the money to the company. Not just phone and electricity bills. Some banks are even offering this facility to pay insurance premiums and loan instalments.

Another service offered by banks is concerned with the stock markets. Banks are offering to dematerialise (or demat)the shares of customers. Apart from offering to demat shares some banks are also offering customers the choice to buy or sell shares online through them. So, people wanting to invest in the stock markets can do so hassle free. Depending on whether you buy or sell, money and shares are transferred to your bank and demat account automatically, electronically, without any paper work.

Maybe you should try out some of these facilities!