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Emergence of eBanking:- Computer has eased human life. Every day new dimensions of its utility are emerging. eBanking is one of the gifts to human beings by computer technology.Use of computers have automated banking process and thus has given birth to eBanking. eBanking is a fast spreading service that allows customers to use computer to access account-specific information and possibly conduct transactions from a remote location – such as at home or at the workplace. Use of internet has made every thing available at your finger tip. Lot of websites are ready to serve you, just at your mouse click. ATM cards, credit cards ,debit cards, smart cards ,all these have eased human life up to such a extent that today life without these seems to be hard, full of misery. Evolution of eBanking:- Electronic banking started after Second World War with the use of proprietary software and private networks. But the whole credit of making loan repayment calculator eBanking big hit goes to Internet. Internet made eBanking trustworthy and useful. International trade has increased significantly in post world war period and with it monetary transactions between different countries have increased. eBanking has facilitated trading between distant corners of the world without worrying about monetary transactions. E-commerce has grown exponentially over last 30 years. Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT) were introduced in the late 1970s, to send commercial documents like purchase orders or invoices electronically. In 1980?s eBanking got a new dimension by the use of credit cards, Automated Teller Machines (ATM) and telephone banking. This was the revolutionary period in eBanking. Now whole Commerce seems to be shouldering on these electronic systems. What made eBanking so hit? eBanking has certain features which give it edge over traditional banking system.