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Q.

What is E Lobby?

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0 2023-05-16T12:23:28+00:00

Gone are the days when you needed to wait for hours to withdraw cash, transfer money or avail of a home loan. Everything now can be done in minutes. All of you know what is e lobby banking is but are just unaware of the term. It can be defined as a Bank branch without bankers. With the help of e-lobby automated banking products and services are delivered to the customers whenever they want. 

What is the work of e-lobby?

The work of e lobby is actually to give relief to people. Its main aim is to provide 24*7 banking service to the customers like-

  • Cash withdrawal

  • Cash deposit

  • Passbook update

  • Card to card transfer

  • Passbook printing 

  • Mini statements 

  • Bill payments and more

Just imagine you have an emergency. Your bank is closed and you have to wait till Monday because your bank is closed on the weekends. Will that always be okay with you? I guess not and that is why e -lobby banking has come to ease our lives. 

What you should know about e-lobby?

The different e-lobby facilities will also depend on your bank. Some banks have machines to update your passbooks but in some banks, it is mandatory that an official do so. In such a scenario the passbook update facility might not be available 24*7 but only during the bank official hours. 

This is the basic meaning of e lobby banking. 

Enjoy flexible repayment options as per your convenience. Opt for NoBroker’s home loans

 

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