Limitations of E Banking:

y Problems of security: Securit y and privacy aspects are major issue incase of E-Banking transaction. Various sites are not properly locked at to ensure weather customers money is safe in cyber world or not. y High cost: The infrastructural cost of providing E-Banking facility is very high. The banks not only have to automate front-end services but also back office services, which involve high cost. y Lack of awareness: Another great hindrance is lack of awareness because effective and wide media efforts in publishing Internet banking need to be emphasized. y Lack of computerization: Lack of computerization and low density of telephone lines is also a bottleneck for online banking. In India, out of 65000 bank branches, only 5000 branches are computerized. y Wrong assumption by people: Many people are away from net banking on the assumpt ion that it is more expensive than the tradit ional method o f d e a l i n g w it h b a nk t r a ns a c t io n s . T h e y s t i l l p r e f e r g o i n g t o ba n k t o perform transactions.