A banking app will let you open bank account online with a few clicks. You just have to spare some time and follow the steps. It saves ample time, energy and paper. You do not have to visit a bank physically. Neither do you have to match your free time with the bank’s working hours. The process is instant without photocopies, signatures or in-person verifications. Wondering how to select the best mobile banking app in 2023 and beyond? Read on.
The best app charges nothing on cash withdrawals and deposits. You can apply for debit cards and chequebooks via the app free of cost. There are absolutely zero fees on money transfers to other bank accounts via IMPS, RTGS or NEFT. DD, pay order issuance and third-party approvals must be free as well. In fact, 28 commonly used savings account services are offered at no cost without any hidden charges. Check if the app is also free for download and for use by customers from all Indian cities.
A good app is easy to use and download. This makes it a fantastic option for anyone who is new to online banking. All you have to do is:
Step 1: Download the app on the smartphone.
Step 2: Log-in via user ID and password or mobile number and MPIN
Step 3: Now click on ‘Open Savings Account’ or whatever you wish to do.
Know that the next logins can be done with your Face ID or fingerprint scanner.
The best app offers you exciting deals that can be used across dining, travel and lifestyle. Personalized recommendations are also provided across various loans. These are quite relevant to you and will boost your overall banking experience. This is possible due to suggestive in-app features.
See if the app is in partnership with NPCI. It will let you:
- pay your credit card bills
- transfer funds to any bank account
- invest in mutual funds
- buy and recharge a FASTag
- pay personal loan EMIs.
The payments must be secure and seamless. Check the app’s information to confirm these.
The best app allows you to access all banking services at your fingertip. This means you will be able to apply for a bank account, make investments and perform similar activities with a few clicks. To be precise, it offers 3-click digital payments and lets you open an FD with 2 clicks! Contact the bank executives via chat and video calls in case of doubts or questions.
A Bunch of Services
You should be able to manage credit card payments, download statements and redeem credit card rewards, recharge mobile phone and DTH, get pre-approved loans, choose your investment goals (wedding, education or retirement or all) and use smart filters to view transactions. Make sure to link your bank account to see balances and statements at home.
IDFC FIRST Bank offers Mobile Banking App which lets customers enjoy fast banking. This is done with integrated banking services and excellent features.