The banking industry has embraced new technologies to give its customers the best banking services. Many banks now offer mobile apps that allow customers to check their balances, transfer funds, generate statements, deposit money, and start investments. The benefits of mobile banking are clear. It is convenient, fast, and secure.
Mobile banking apps often offer features that are not available through traditional banking channels. For instance, most banking apps allow you to set up alerts when your balance reaches a certain level or when a transaction goes through. You can also track your spending so you can stay on budget.
Countless online banking apps offer these features, but it is crucial to select one that makes your banking experience seamless and protects your financial information. This article summarises four top mobile banking apps that offer vital features alongside safety.
- IDFC FIRST Mobile Banking App
The IDFC FIRST Bank Mobile banking App has crucial features to make banking more accessible and convenient for customers. You can add and transfer funds instantly to any account using the UPI feature and set up auto-pay for bills and other recurring payments. It is easy to download your ‘Smart’ statement, which provides a summary of your transactions.
Additionally, you can open a fixed deposit (FD) in just two clicks. For added security, you can use your MPIN (mobile banking personal identification number) to log in and set up biometrics such as fingerprint or face recognition.
- ICICI BANK iMobile App
The ICICI BANK iMobile App lets you save, invest, and pay securely. The banking app offers 200+ services with useful features, including instant fund transfers, recharges, bill payments, tax payments, etc. This application for bank accounts helps you open and renew insurance policies instantly from your phone. Also, you can invest in mutual funds, Public Provident Fund (PPF), bonds, securities, etc.
- HDFC Bank MobileBanking App
With the HDFC Bank MobileBanking App, you can instantly open a bank account and unlock it safely with face ID. One view update of your savings account, credit cards outstanding, and fixed deposits help you stay on top of your finances. You can use UPI for easy bill payment and mobile recharge, manage your Demat account, block lost cards, open an FD, and conduct other banking activities.
- Axis Mobile Banking App
The Axis Mobile Banking App offers several services to manage your bank account and transactions, including paying bills, linking other bank accounts using UPI, and transferring funds. You can open a fixed and recurring deposit account and access Axis Bank’s offers. It also has the mPIN facility and biometrics to secure your transactions.
While many mobile banking apps are available, the ones listed above offer the most comprehensive and user-friendly experiences. From managing your bank account and credit card net banking needs to conducting monetary transactions and investments, these mobile banking apps offer advanced features to make the banking experience more convenient and secure.