Green Banking is the need of hour and its importance lies from the fact that the world is moving towards digitalization. Asdigitalization is taking its pace, paper based instruments are being used very less. Due to less use of paper based instruments in banking sector, banks have initiated using Green Banking Strategy. One of the green banking strategies is utility of electronic mode of doing transactions. This will help in making the banking transactions at ease. Utility of electronic mode in banking will help in reducing the burden of manufacturing paper to a greater extent. This extent would help in reducing the deforestation and would boost the strategy of green banking. Green banking would help in recovering the environmental problems to an extent. In this regard, utility of electronic transactions would help in strategizing the Green Banking. After the initiation of Green Banking strategy whether the impact has been created or not has to be checked. This paper deals with study on what was the impact of green banking strategy on paper based instruments where green banking strategy means less utility of paper based instruments and more utility of electronic mode of banking operations.