Page 1 of 9

European Journal of Business &

Social Sciences

Available at https://ejbss.org/

ISSN: 2235-767X

Volume 07 Issue 05

May 2019

Available online: https://ejbss.org/ P a g e | 356

Customer Satisfaction towards Mobile Banking

Dr.B.Indirapriyadharshini, R.Ramya, A.Gomathi & N.Giri

ABSTRACT

Innovation in the field of banking information and telecommunication technologies

have drastically changed the structure of financial system and particularly the banking

system by lowering the transactional costs and reducing systematic information. Mobile

banking (M-banking) is the latest medium which enables the customer to access their bank

accounts. Bank offers m-banking as a less expensive alternative for traditional banking.

Therefore, this study is undertaken to identify the level of satisfaction of the customers

towards mobile banking. For this purpose, Primary data was collected from 107 customers

residing in Pollachi through structured questionnaire method. Sample was chosen using

convenience sampling technique. Data collected has been analyzed using simple percentage

analysis, weighted average ranking method and chi-square test. The results indicate that

majority of the customers use mobile banking services for P2P payments and fund transfer.

Chi-sqaure test discloses that, there is a significant association between the level of

satisfaction and age, educational qualification and monthly income of the customer.

Keywords: Mobile banking – Satisfaction – Customer - Banking Services

_______________________________________________________________________

Dr.B.Indirapriyadharshini,Assistant Professor, Department of Commerce (E-Commerce), Nallamuthu Gounder Mahalingam

College,Pollachi

R.Ramya ,Assistant Professor, Department of Commerce with Computer Application, Nallamuthu Gounder Mahalingam

College, Pollachi.

Page 2 of 9

European Journal of Business &

Social Sciences

Available at https://ejbss.org/

ISSN: 2235-767X

Volume 07 Issue 05

May 2019

Available online: https://ejbss.org/ P a g e | 357

A.Gomathi, Assistant Professor, Department of Commerce (B&I), Nallamuthu Gounder Mahalingam College, Pollachi.

N.Giri, Assistant Professor, Department of Commerce (SF), Nallamuthu Gounder Mahalingam College, Pollachi

INTRODUCTION

Mobile banking is a service provided by a bank or financial institution that allows its

customer to conduct financial transactions using a mobile device such as a smart phone or

tablet. Unlike the internet banking it uses software, usually an App, provided by the financial

institution. Mobile banking is usually available on 24- hour basis. Some financial institution

has restriction on certain transactions. Transactions through mobile banking include latest

transactions, account balances, electronic bill payments, fund transfers and P2P payments.

Hence, it is imperative to identify the satisfaction of customers reside in small towns like

Pollachi (Coimbatore District) towards mobile banking. With this backdrop, the present

study has been undertaken.

REVIEW OF LITERATURE

Shilpa and Veena (2018) found that majority of the customers are positively using

mobile banking service offered by SBI in Mysore. Panda and Misra (2017) found that rural

customers are satisfied with the e-banking services provided by the banks. Al Muhirat(2016)

reveal that Saudi banks have accomplished consumer loyalty by improving their e- administrations and increasing electronic exchanges. Chandran (2014) states that, inclusive

growth can be achieved only when a common man at the remotest locations in the country

can access mobile banking. Palani (2012) found that mobile banking users face many

problems from telecom operators and mobile hands set they use. Khan and Mahapatra

(2009) found that the two dimensions, namely ‘Privacy/Security’ and ‘Fulfilment’ are not

contributing significantly towards the overall service quality. Singh and Malhotra (2004)

said that the huge advances in innovation and the forceful infusion of data innovation had

gotten an outlook change in banking operations.

Lustsik (2004) defines E-Banking services as a variety of e-channels for doing

banking transactions through Internet, telephone, TV, mobile, and computer. Banking

customers’ desires and expectations with regard to service are expanding, as technology

advances and improve.

Page 3 of 9

European Journal of Business &

Social Sciences

Available at https://ejbss.org/

ISSN: 2235-767X

Volume 07 Issue 05

May 2019

Available online: https://ejbss.org/ P a g e | 358

OBJECTIVES OF THE STUDY

The main objectives of the present study are the following:

1. To identify the customer preference on Mobile banking

2. To know the level of satisfaction towards Mobile banking

3. To suggest suitable measures to improve Mobile banking services

RESEARCH METHODOLOGY

Data

Research design chosen for the present study is empirical. The study is based on primary data

and secondary data. Primary data was collected using structured questionnaire. Secondary

data has been collected from various journals, magazines and websites.

Sample

A sample of 107 customers residing in Pollachi was selected using convenience sampling

technique.

Framework of analysis

Data collected was analyzed using simple percentage, weighted average square method and

chi-square test.

RESULTS AND DISCUSSION

Findings of the study is presented in the following paragraphs

a. Simple Percentage Analysis

Socio – Economic Profile

Out of the 107 customers taken for the study 60 per cent reside in rural area and majority of

them belong to the age group ranging between 18 years to 25 years. As regards to education,

40.4 per cent are post graduates and 62 per cent are married. 42 per cent of the customers