How to ensure your internet banking is as safe as traditional banking?

With today’s fast paced lifestyle, many individuals are looking for alternate means to manage their daily activities. This also includes managing their financial habits, such as making payments, transfers or even checking your banking accounts.

While traditional banking was the only channel to perform the above mention activities, today we have the option of mobile banking. Through this option, you can now easily perform the same options you would have done at the bank, through your smartphone. You only need to download the bank mobile app and utilise it to your requirement.

However, many of those who are transitioning from traditional banking to the new age banking, have concerns about safety in terms of money transfer and access to accounts. After all, the internet platform is one medium that isn’t fully explored, especially by the older generation. Naturally, the fear of the unknown will lead to fear of usage.

However, there are some steps you can take to ensure that your mobile banking will be as safe as the offerings of traditional banking. Here are some of the steps you can take:

Know the tricks of protecting your passwords: Just as you would need to put in your account number and provide your signature to make a transfer or access your account, through the bank mobile app, you would need to use a password. This password will be unique to your account. But here, you have an opportunity to change your password on a regular basis. Furthermore, you can change your password to a strong password with a mix of different casings and special characters. By doing so, you prevent any unauthorised access to your account.

Controlling the access to your account: In order to access the funds in your account or make a transaction through the traditional channel, you would need to approach the bank. However, through the internet banking app you can easily access your account anytime you need it. Furthermore, you can also easily control the access to your account via the app. You can easily check when you have signed in, and from which location, such as which device you have logged in from. Therefore, if there is any joint account holder to your account, you will also be well aware of when they have signed in and made a transaction. Once done, you can easily log out of your account and stop any financial activity.

Guarantee access to official banking products: In order to access your bank account, or any other banking product, you would need to approach the bank. But what if you could access all the official products you need, right from the banking app itself? Not only would it save you time and resources, but you can also be well assured that any product you have access to, through the app, will be a genuine product. You will also get a full transparency when it comes to access this product, thus ensuring you are fully aware before making any investment decision.

How can a bank app help you safely execute your financial transactions?

Today’s fast pace life often leaves individuals with minimum free time to pursue other activities. Very often, individuals would be left with minimum time to carry out daily activities and habits. In most cases, it is your financial habits that gets affected the most.

Whether it is paying bills on time, or even getting any financial transactions done, the lack of time often makes these executions difficult, if not cumbersome. After all, it would require travelling to your closest banking branch to make most of your transactions or even accessing any financial product. This would often lead to delays in payments, late charges and even missed deadlines.

So how can you make your banking habits easy?

For one, you can shift from your traditional banking channels to banking apps. They key aspect here is your smartphone. With every passing day and year, the smart phone is evolving into a platform that is part and parcel of our daily lives. It partakes in your daily activities, whether it is communicating with your loved ones, purchasing groceries for the day, or even booking a transport home. Banking transactions and access to banking products has now become a part of this process, especially since you can easily download the bank mobile app and use it for your requirements with a single click.

Here is how you can make your banking habits easy:

Instant access: In order to maintain and regulate your banking habits, you will need to access your accounts or other bank products on a short notice. The best way to do so is through the bank app. You can easily register your bank account through the app, and through it, can access any financial product that is attached to it. You can even use your app to make transfers or payments in a single drop of a hat.

Set regular transactions: If you regularly make banking transactions, then you can easily download the bank mobile app and set your transactions as per your requirement, in a single click. Furthermore, you can easily automate your transactions at a particular date or time after the initial transaction. Through this process, there is no requirement for you to visit the bank at occasion a transaction or access is required.

Get instant alerts: Do you need to make an emergency transfer? How do you know if your transfer has been made?  Banking apps will give you instant alerts on each transaction you make. It will also give you reminder alerts on the payments to be made in the coming future. This will help you plan your finances, in such a manner where you can coincide your payments on dates well before the deadline passes.

How can a bank app help you safely execute your financial transactions?

The availability of banking facilities and services are no longer available from the traditional mortar and bricks institutions. You can now avail all these services through financial apps provided by the several banks.

The financial industry and consumers are slowly adjusting to the concept and execution of banking apps, but it still has brought up various queries, especially when concerned with the safety of these bank apps. Does it really fare better than the security services offered through the traditional financial institutions? What are the different features that are different from the traditional institution that make banking apps a safer option?

Given below are some of the factors that highlight this concern:

Regular updates in security features: An efficient bank will always address any security concerns, while ensuring their features are up to date against any evolving risks. When dealing and resolving a security risk, traditional banks will have a long turnover period, owning to the fact there are several layers of functioning and hierarchy to be considered and evaluated. However, banks apps are designed in such a manner, it stays well protected against any risks, on the digital platform. Furthermore, its quick and constant updates ensure optimum protection against any evolving security risks, offering the ideal protection 24*7, all year long.

Monitor accounts: One of the biggest risks to banking transactions and service is the lack of monitoring from the consumers end. Traditional banking services do not have the means to offer consumers the opportunity to access their account, especially a short notice. This means, when it comes to monitoring bank accounts, it would take considerable time and effort. Bank apps on the other hand, are designed in such a manner where applicant can easily log in and access the history of their accounts in mere seconds. This will help then monitor their account, and take quick appropriate action if there are any security concerns.

Layered security features: Bank apps use the strongest layer of security protection that is available. That means they will offer multiple security check - ins and layers. Apps often come with an option of two-factor authentication, where you will need something in addition to your password. This would also include biometric identification, such as your finger imprint or even your facial features. The more layers of security, the more harder it would be for hackers to access your data.

Directs you through a secured channel: Most apps are linked back to their respective bank’s online features and functions. Whether it is making a transfer or receiving funds, the app will direct you through a well-protected channel which ensures a well secured transfer. For example, most banking apps utilise the SSL certification when transferring from one page to another.

Virtual banking: Evolution of traditional banking and how you can benefit from it

Online banking now includes several mobile capabilities. Just as the internet evolved commercially in the 90’s, the traditional brick and mortar banks have simultaneously evolved; delivering accessible yet limited online services. Over time, these efforts led lenders to expand their internet presence with an interactive websites this is inclusive of features that include convenience in opening new account, downloading forms and convenient loan application processing.

Today, the stage of development has led to the arrival of internet only banking services, such as mobile banking apps. These apps offered banking and other financial services, without the requirement of a network of mortar and brick offices. By utilising this service, consumers would be able to save in terms of service charges, high interest rates, and enjoy lower loan costs.

So what are the other benefits that the virtual banking facility, such as the mobile banking apps can offers? Here are some of the other features:

Convenience: You can easily access any banking facility or function through banking apps; so long you have a secured and steady internet connection. This means, you can access any banking functions or facilities through any part of the day or night. With a single click of a button, you can get updated with your real time account balance or maintain a direct access to your account. You can even change your mailing address, order for additional checks or get a glimpse of the current interest rates. 

Services: Banking apps offer a more comprehensive set of features and services, as compared to the traditional mortar and brick bank services. Through the app, you can not only get the traditional services, but additional functional features such as budgeting and forecasting tools, financial planning capabilities, and even investment analysis tools. You can even get loan calculators or eligibility calculators to help you make calculated investment decisions. Through this, you can easily make online bill payments, fill up tax forms, but also apply and opt for loan rates that will suit your financial requirements.

Mobility: As the name suggests, mobile banking apps offers mobility when it comes to executing any financial transactions or accessing any services. Through the comfort of your smartphone, you can easily access your account, whether you are at home, or waiting in the grocery line, or even waiting for your travel transport to arrive. This mobility helps saves your time and effort, especially when you have limited time and resources to access your finances.  

Virtual banking may have come a long way from traditional banking to online banking. You as a consumer can take advantage of these benefits and enjoy a stress free and convenient banking today. All you need to do is log online and set up your online account today.

Why do you need internet banking today?

To some degree, online banking has now become the norm for several bank transactions. It has made it easier for the consumer to do various simple tasks, such as check accounts, pay bills and transfer from one account to another. All these activities will help an applicant to do and maintain a more organised financial life.

So how can you benefit from utilising mobile banking? Here are some of the factors you can consider:

Banking at your convenience: Online banking eliminates the factor of banking within fixed hours. You can now manage your account on your own schedule, 24/7. All you need it a digital platform such as a computer, tablet, or even your smartphone with an internet access to execute any banking transaction you want.

Banking on the go: Day to day banking is now made easy through mobile banking. Whether you have a few minutes to spare while waiting at the grocery line, or waiting for your transportation, you can easily make a transaction or check your banking account details in mere seconds.

Eliminate the waiting: Are you tired of waiting in long bank lines especially when you need to rush to work, or spend your weekend relaxing? Through internet banking, you can easily make the transactions you want at any given time. For example, if you need to make a money transfer or pay a bill before the deadline, you can easily log online and make the necessary transfer. In fact, if you have any query regarding any transaction or doubt, you can always activate the callback feature, and get a bank representative to address your concern.

Save on your fees: By opting for online banking, you automatically eliminate the requirement for stamp costing, ordering cheques or even deposit slips. In fact, you save a lot more on the service charges, and resources required to make trips to the bank. In the long run, this saves you a lot of your funds.

Stay updated on your account activity: You can stay updated on all of your account activities in a single click of a button. You can easily check to see if your transactions have been made; your checks cleared or even your balance in real time. By doing so, you can take the appropriate and quick measures in the event your transaction or deposits are not done within the given time.

Get instant bill payments done: Bill payments have always been a messy job, especially when you need to keep track of all the different deadlines. Paying your bills online will be not only convenient, but also quick and free. In fact, you can easily set up an automatic recurring payment for you monthly bills to avoid any delay charges.

Get instant notifications about account transactions: With internet banking, you can easily sight up for online alerts through texts or emails. Any transaction you make will help you get notified, especially about your balance or transactions. Through these alerts, you can avoid overdraft fees or late charges. You can even keep track of your payment deadlines.

By opting for online banking you get to enjoy these benefits amongst many others. By opting for this option in the long run, you not only save a lot on your time, but also on your resources, ensuring your financially stable and secure.

How banking apps can help you improve your financial habits

There’s little to almost no argument that smartphones have been one of the most influential inventions in human history. Their presence can be felt in every facet of daily life, especially in terms of communication, accessing the internet, shopping, access entertainment, and now how we bank.

In fact, their purchase and usage exceeds desktops and laptops, while continuing to accelerate, as they offer the perfect convenient and flexible platform, to access a variety of apps, which includes several financial apps. Banking apps have now made it easy to access your financial details from virtually anywhere. In fact, in the long run, they will help build up your financial habits.

Here is how the mobile banking apps can help improve and formulate your financial habits:

• Help organise your financial information and records: Banking apps are designed to access your financial information and records from a secured server through a secured channel. By knowing and accessing your financial information, and having a system that is easily accessible will save time and aggravation on your part.

• Direct deposit for your monthly payments: Do you have monthly payments to keep track of? Do you have debts that need to be paid on a fixed date? The app for banking services will help you make a direct deposit, thus saving time while making your funds work faster for you.

• Create automated saving plans: Saving plans are a great objective for both short term or long term financial goals. Through the app, you can easily make transfers to other financial products, such as another bank account or investment product. Once your monthly income has been deposited in your salary account, you can easily use the mobile banking apps to make the required transfer on the given date and get it deposited within a few minutes or dates. 

• Track your expenditures: Every transaction made through the app will be recorded in the app’s history. Through this process, it will help you be aware and prepare your expenditures. It will also help you identify potential areas which will help you reduce expenses. Over time, you can monitor your spending and slowly eliminate unnecessary expenditures.

• Help you save for loans: At some point in your time, you will need to apply for a loan. Developing a saving habit and a small source of the fund will be handy when applying for a loan. Over time, you can manage to save sufficient funds for a down payment or even emergency EMI repayments.

• Set up account alerts through the app: With the continuous in and out transactions, there is a high possibility that your account will have low or insufficient funds. This can lead to checking bouncing or low balance charges. However, through the app, you can set up notifications to a certain value which, when crossed, will instantly alert you. This way you know you would need to take alternate measures to prevent over-expenditures.

Busting Myths about internet banking: All you need to know

The financial market and industry has taken a step to transform them from a cash-dependent economy to a cashless economy. In fact, several individuals have been pushed to utilise the digital means of transactions, one of which includes internet banking. As the name suggests, all banking or financial transactions are made through the internet platform.

There are plenty of advantages to this service, namely, avoid looking around for the closest branch, no queues to wait in line for, and no delays in turnaround periods due to human involvement.

However, there are several individuals, who do not take advantage of the mobile net banking services owing to the fact there have either been unaware or have misconceptions about the service.

Here are some of the popular myths about online banking and how they have been debunked:

Myth #1 - Internet banking is unsafe: Banks strive to provide the idealistic, if not the best service. This also includes optimum security. The usernames and passwords will be used for security purposes only. In fact, after a certain period of inactivity, banks will either change your password or delete your account out of their website. In addition to this, they also utilise securing technology such as data encryption and firewalls. In fact, banks go an extra mile and seek the service of ethical hackers to find loopholes or vulnerabilities and rectify them. In this way, banks ensure that their system can face any challenge that arises unexpectedly.

Myth #2 – You will be charged for using mobile net banking: Another popular myth surrounding mobile internet banking is the fact that it is expensive. On the contrary, it offers lower if not almost no charge. Online banking services save a lot of funds on employee backed services which include document verification, paper checks and postage work. All these services are eliminated, through the use of internet banking. In fact, you would also save your own time and funds, as there is no requirement for you to travel to a branch or even get on lengthy calls with bank representatives to get a product or service done.

Myth #3 – Internet banking consumes a lot of time: It may take time to adjust to a new banking service, especially with a new system. However, over time, familiarity and awareness will ensure that you will work your way around a new system. In fact, once you get adjusted to the new system, you can easily take care of simple tasks within a few minutes, as compared to the time taken through the traditional channel and steps.

Myth #4 – Internet banking involves a complicated process: The older generation may not be used to the new methods of financial transactions. This is because the age group between 18 to 35 years comprise of individuals who are familiar with the functionings of smartphones and apps. However, mobile internet banking services have designed their services and interface in such a manner that any age group will be able to access and manage their services. This makes any transaction simpler as ever.

What are the features to consider when evaluating banking apps?

Smartphones have changed the way, that an individual does banking on an everyday basis. Through online banks, you can now get access to services that were only available at a traditional bank branch. Apps like the SBI, Axis, Kotak, ICIC and HDFC mobile banking apps, provides a wide range of amenities that will cater to your banking needs.

However, before opting for these apps, certain features must be evaluated and verified, to ensure that they match your financial needs.

The following are important features you will need to evaluate before you opt for the banking app:
Fees: Most banks offer the mobile banking software free of charge. In other words, the banking institute itself won’t charge you for downloading and using the app. You will need to verify these charges with your bank to ensure that no specific services within the app, provided by the bank, are charged. However, your network carrier may charge you for certain services and functions. For example, you will be charged for the standard internet usage or any messages you will send through the app.

Deposit Limit: Most of the banking apps provide the service which allows mobile check deposits. Some of the popular apps that provide this service include SBI, Axis, Kotak, ICIC and HDFC mobile banking apps. With this, you can easily get checks transferred using only the app on your mobile phone. However, certain banks will have particular limits on their deposit values, depending on certain factors. This would include timeframes, account types and other additional factors. Therefore, ensure you are aware of the deposit limits before you start making plans to use this service for a long term.

Technology Requirements: Like any other apps, the banking apps will also have specific technology requirements. For example, one Android banking app may require one OS version, whereas the other may need a higher version. Similarly the same can be said for the iOS versions. Even more, these apps may also offer certain features for smart watches too. But like the apps, they too would require specific platforms to function.

Easy to Use: Only the best mobile banking apps will be easy to use. These apps should have an interface that is easy to use especially with your fingertips. If simple functions cannot be performed even with simple taps or swipes on your phone, then it would be more appropriate to use the browser, with the purpose of the app being lost. Therefore, it makes more sense to opt for apps that are designed with an easy to use interface. Some of the popular choices include SBI, Axis and HDFC mobile banking apps amongst many others.

Apart from these features, there are plenty others that you can evaluate and consider. However, in the end, you must ensure that all your requirements are met, without any compromise on your finances.

Mobile Bank Apps: How can you take advantage of it

If you’ve considered using your smartphone only for basic functions such as making calls, playing games, or accessing the net, then it is time to catch up. There are plenty of other activities you can undertake, especially banking services.

Right from routine tasks to emergency tasks, there are plenty of activities you can do through the bank app. Here are some of the reasons why opting for a mobile banking app is a smart move:

Saves time and trouble visiting the bank: You can do more than check your balance on your smartphone through the mobile bank app. You can even open a bank account, apply for a loan of your choice and even apply for a banking card. You can even trade securities and even track your investments. All this can be easily done, without having you to leave the comfort of your home or the convenience of your workplace.

Stay on top of your funds: With the mobile bank app, you are no longer tied to any restrictions that come with the traditional forms of banking. You need not log into your account from a laptop or computer or even visit a nearby ATM or local branch for any of your basic banking needs. With this app, you can easily access your accounts in the fast and simple process. You can now stay abreast of your finances, which is as easy as picking up your phone and sending a message.

Enjoy stress-free transactions with a secure channel: You may make an assumption that mobile banking apps are somehow not as much as secure than logging in with a computer, visiting an ATM or even a local branch. However, each of these bank apps comes equipped with a password and security system that is not only tested by proven. However, on your part, you should only download the app from trusted sites and also be aware of imposter apps that can be posed as legitimate apps.

Get instant alerts: Have you ever wondered whether your transaction had been made to the intended source? Or how much funds are left in your account after paying off your bills? You can easily get instant alerts just by opting for this feature in your app. You can even opt for text alerts if you want a more secure alert system. In this way, you can track all your transactions and detect if there are any unauthorised transactions on your account.

Banking fee free service: Through the traditional banking services, the institute would normally charge a certain amount of fees to access your funds in your bank account. However, through the bank app, this service remains free. However, you need to be aware that your network carrier will charge you for data downloading and texts.


While there are plenty of additional transactions, in the end, you should ensure that you get the required banking assistance from the app that will suit your needs.

Factors to consider when using mobile banking apps

Today’s financial functioning is not what it was a few years back. Through the traditional means, one would be required to approach the bank to see what services are available and then correspond with a representative from the bank to get the ideal financial product or service that would suit one’s needs.

However, in today’s fast-paced life, such a step would not only be tedious, but also time and resource consuming. As a solution to this problem the smartphone, which has now become the modern day multi-function platform, has been designed to perform several financial functions. With the right banking apps, you can now easily track your bank account, make transactions or even request for a passbook or banking cards.

But while these mobile banking apps do offer a convenience in terms of instant access and functionality, you would be required to perform some caution on your part, in order to keep your investment safe.

Here are some factors you need to consider when using the bank mobile app:

Simple User Interface: There are several mobile banking apps available in the online market which you can opt for. However, before you opt to download an app from a bank or financial institute you are familiar with, you need to know if the app has an interface that you are familiar with. This will not only make it easier for you to make quick financial transactions but also allows you to make calculated decisions. After all, you do not want to spend minutes or hours just searching for an option that will allow you to make a simple money transfer on a monthly basis or even check your current transaction.

Security Features: The funds you own is your hard earned reward, so naturally it should be optimally protected. While you may have convenient access to your account and conveniently execute any financial decisions, you would not want any unauthorised individual or entity to access your funds. This is why the bank mobile app you opt for, should have the top, if not the latest security features. The said app should also be in sync with your smartphone’s OS so that there are no risks to your phone, which can affect your banking app too.

Quick results: Banking apps are designed to offer the convenience of financial performance, through the smartphone. But at the same time, the service provided should be quick. You would not want to be opting for a money transfer service that would take hours for the bank or lending institute to verify before making the transfer. Alternatively, if you need to apply for a loan, it should not take several days for your application to be verified before you can get the funds required.

Opting for these mobile banking apps will only be as useful as the service and safety they provide. Be sure you check out these features of an app before you download it.

All you need to know about applying for a two wheeler loan through a loan app

A two wheeler has always been an ideal option for those seeking a convenient transportation. In fact, it is the ideal option for those who are looking to avoid traffic or even peak hour rush. Whether it is in the city, or the rural areas, plenty of individuals have opted for the two - wheeler, as it is one of the most economical investments.

However, applying for a two wheeler loan through the traditional channel will be time-consuming, like any other loan application process. You would be required to submit documents pertaining to your identity, address proof and even your employment and income status. You will need to submit these requirements to the closest bank branch at the appropriate time to submit your loan application.

Nevertheless, there is a convenient option to apply for a two wheeler loan which is as convenient as riding the bike. You can now apply for a loan through the bank loan app and get instant financial aid directly to your account.

Here is how you can go about applying for the bike loan on your smartphone today:

Download the app: This is the first step you need to take. Plenty of banks are now offering loan application apps with different features and services. You can easily opt for a bank app of your preference, or the bank app where you have a current account in. Once you have opted for the bank app of your preference, download it from the appropriate source. If you down load it from any other source, you run a risk of compromising your smartphone and your financial details.

Set up your profile: Once you have downloaded and installed the app, the next step you will need to take is to set up your profile. Here, you will need to input your name and your number for verification purposes. You may also to provide your bank account details to verify your account. Once this is done, you can proceed with the loan application step

Input your income and employment details: In the next step, you will need to input your income and employment details. Once you have inputted the relevant information, you will can calculate your loan eligibility. The app functions as a bike loan calculator providing instant results in terms of EMI calculation, loan value and fixed interest rate results. Once you have settled on a loan value that is to your need, you can then submit your application

Finalise details: Once you are done with the bike loan calculator step, you can move onto the last step. Here you will need to confirm details about your address, your office address and your identity details. Normally these details will already be filled in if you have synced your bank account. But as a precaution, you can confirm these details before proceeding ahead with the application.

How to use the loan app to meet your loan requirements?

You may be facing a situation where you would be required to apply for loans. Whether it is a home loan, a car loan or even a personal loan, you will need to take measures in order to apply for this loan, especially when going through the traditional channels.

However, this aspect changes when you are applying for the loan through the loan bank app. The loan app is the new addition that is taking over the financial market. Just like approaching a bank for an app, you can now apply for a bank loan through a downloadable app.

Here is how the bank loan app can assist you

Step 1: Download the app – Downloading the loan bank app is simple. You only need to check out the Play Store or the App Store for the relevant app. You can even follow the instructions provided by the bank on their website. However, ensure that you download the genuine app, from a genuine source. This is done to avoid any possible counterfeit app, that can collect your personal or bank details and misuse it. Any other app can also compromise your phone, providing easy access for hackers to access your data. 

Step 2: Log in the app with your personal details: Once you have downloaded the app, you will need to secure the log in with your personal details. That means you will need to put in your details, along with a custom password. Once you have secured your log in details with your personal details, you can easily put in your financial details

Step 3: Apply for the relevant loan: There are various loans available in the loan bank app. You can apply for the loan that is relevant to your requirements. You can also check out the current deals and benefits you can avail at that current moment when you opt for that particular loan you want.

Step 4: Log in your bank details:  As a part of the application process, you will need to provide certain documents. This would include your bank account details, your employment details and your income details. You would also need to provide relevant information about your Aadhar or PAN card details. In doing so, the lending institution will register your financial profile and calculate the appropriate loan amount 

Step 5: Check for eligibility and loan rates: Once you have registered the relevant details, you can now proceed with the loan application. The first step you will need to take is calculating your eligibility for the loan. This can be done within the app itself. Once you have satisfied the eligibility criteria, you can easily calculate the appropriate amount that will suit your loan requirements. Once done, you can submit your application through the app.

Step 6: Track loan status: Once you get an acknowledgement of your submission, you can track your status through the status tracker.

What are the key opportunities you can get through a loan application app?

Technology is now changing how consumers shop for loans. While previously, one could easily approach a bank with the relevant application form and documents in order to get a loan, one can now easily get a loan through a banking app.

But what does the app have to offer, that the traditional bank cannot?

For one, the app utilises digital data over traditional banks. Digital data allows for an all-inclusive picture of the applicant, over financial metrics. In fact, through the app, the digital presence of the applicant's profile will be synched with the lending institute. By doing so, lenders get to use the financial and alternate information to analyse the borrower’s credit and offer custom deals or instant loans to the applicant.

Here are some of the key opportunities you can get through the loan application app:

Accountability: There’s a lot more to be shared on the online platform as compared to the traditional channels. Here, consumers can easily access data or any information in mere seconds on the digital platform. Naturally, online lenders will be accountable to all relevant information provided online, while ensuring an excellent online reputation. With the relevant information provided online, consumers can easily make calculated decisions pertaining to their loan applications and get the best instant loans in the matter of mere seconds.

Competitive Pricing: Like the traditional loan application, digital loan offering are also competitive in terms of pricing. Plenty of lenders is now offering loans online through the loan app. As consumers will have to undertake relevant research in order to get the best deals, a loan app will help centralised and streamline the process. All the traditional loan applications will now be available through the loan application app.

Convenience: Every activity we do in today’s day and age can be done remotely, as well as electronically. Whether it is ordering food, booking a ride back home or even investing in stocks, you only need an app to do so. Similarly, you can now easily get loans online with the right app. You can easily get all the relevant details about the loan right from the eligibility criteria, loan amount available, interest rate and even the EMI calculation through the app. This makes it pretty much convenient if you need to get financial aid through a loan on short notice. 

Service: One of the most important aspects of a loan acquiring is the service. In terms of accountability and convenience, service is also another aspect that needs to be communicated to the client. While some consumers may be comfortable with the brick and mortar bank, you get a fast more convenient service through the digital platform, especially if you can access it in the palm of your hand.

Did you know these facts about the bank loan application app?

Today’s financial requirements would require you to apply for a loan at some point in your life. Not only is it financially healthy for your financial profile, but it will also help you plan and save your finances for your future. But approaching a bank for a loan through the traditional channels has now become time-consuming, if not a waste of resources.

This is where the digital platform and progression has played an important role. At a time where everything can be performed through the smartphone apps, loan application apps have now joined this list. In other words, you only need to download the relevant app, register your bank account details and put in the relevant details in order to apply for a loan now. No longer would you be required to approach the bank or carry relevant documents and get them processed in order to get a loan.

But through this app, there is a lot more you can benefit from. Here are some of the different facts of the bank loan and how you can benefit from it:

24-hour access: One of the main benefits of loan application app is the 24-hour access. Since you can easily download the app on your smartphone and access it anytime you would want to, you can easily apply for a loan anytime you would want. This makes a great choice for those who are seeking an emergency financial aid on short notice.

Instant loan eligibility calculation:  As a part of the loan application process, lenders will consider your loan eligibility, based on which, the loan application will proceed. Through the traditional channel, attaining a bank loan would require approaching the bank with your application and documents, and getting them verified by the bank authorities. This would not only be time-consuming, but you would also need to coordinate with the representative from the bank. With the loan app, you can easily calculate your loan eligibility in a matter of seconds. Since the loan application process is integrated into the app, you can easily apply for the app, calculate your eligibility and get approval in mere minutes.

Track your loan status: You can now stay up to date with the progression of your loan status in a matter of seconds. Through the app, you can easily log online to your account and check your loan application status. Furthermore, if you need any more clarification, you can easily request a call back from your bank with a single click of a button.

Get the update and custom loan deals: A custom made loan deal will work in your favour, especially when you are looking for a loan at the appropriate time. The bank loan app will allow you get custom and instant updates based on your personal financial profile, ensuring that you will benefit from the loan application.

What are the features of the app for bank loans?

Investing a loan has now become a necessity more than an option. There will come the point in time where an individual will need to take the assistance of this financial aid to invest in a financial endeavour or take the means to ease the financial burden on one’s own income and expenditures.

But our current lifestyle requires us to perform and function on a fast pace. Keeping up with the demands of the bank loan application is now become more tedious and demanding with this kind of lifestyle. In fact, in order to enjoy some semblance of a normal and stress-free living, we are now relying on the function and performance of our smartphones apps to get through life.

Whether it is ordering food, booking a cab ride home, checking for traffic or even make an investment in the stock market, all these functions can now be performed through the comfort of the smartphone.

In addition to this list, is the app for loan bank applications. Gone are the days where you would be required to apply for the loan through the traditional channels of the bank or lending institute. Now, with just with a click of a button you will have a loan ready and wait for you.

In addition to the instant access to your loans, there are several other features you can take advantage of. They include the following:

24*7 Access: Through the traditional channels of loan application, you would be required to approach the bank, with an application form and relevant documents. You would also need to approach the bank at a given time, in a schedule an interview with a representative of the bank. Besides this, your eligibility for the loan will also need to be considered and calculated before the loan is disbursed. All these steps are time-consuming, which can be a drawback if you need the loan urgently. However, with the loan bank application, you can easily log in to your app, put in the relevant details and then get your loan approval in a matter of minutes. Be it during the day, or any time after work hours, you can easily apply for the loan as per your convenience.

Wide spread reaches: Through the traditional channels of acquiring a loan, you would need to approach the nearest bank branch with the relevant requirement such as your documents and a fully filled application form. Not only is the process to attain these necessities tiresome, but the process of approaching the nearest bank branch at the appropriate time will also be time-consuming. Through the app, you only need to log in, with your account details, and provide the relevant information about your employment. You can be at any place at any time, to apply for a loan. In other words, you can be located in the city, or even in a rural area, and still get a loan with a single click. 

While there are plenty of other features that are beneficial, it is essential that you get to enjoy the loan bank app to your full potential. So if you are looking for a loan anytime soon, you only need to log online and register your details today.

Business loans and bank loan apps: Get the best loan option through your smartphone

As a business owner, managing your company’s finances is the need of the hour. After all, any decision you take, be it investing in a product for high returns, or even seeking out the appropriate financial aid, will affect your businesses’ overall financial functioning. When you’re seeking financing, particularly power growth, you will need to know your options, such as the business loans.

Naturally, at the same time, you would want to manage or execute any financial decision or product through the most convenient source or channel. Traditional channels would include physically approaching a bank or financial institution for the appropriate financial aid. However, while this may provide you with the end result of getting the business loans, the process of acquisition if often bridled with challenges and delays.

But this is where the smartphone becomes the game changer. At a time where this platform offers multiple functions, it has also made its mark in the finance market. Where previously it could offer facilities to open an account, track fund transfers, or even make trade investments, it now also offers the opportunity to apply for bank loans, which includes a bank loan for business. Like any other bank app, you only need to download and install it and create your account. Depending on the loan app you have downloaded, you will further need to create an account using your bank's unique customer ID, or provide relevant details of the bank account where you would want your loan to be transferred to.

Through this channel of loan acquirement you can:

• Convenient access to loan details: Wondering how much of a business loan amount you are liable to get as compared to what you are eligible for? The bank loan for business will give you an in-depth view of what to expect. This will help you calculate the appropriate loan amount to optimally utilise for your businesses financial requirements. Furthermore, this will also help you plan your repayment strategy.
• Get best-personalised loan rates: With your bank account linked to the app, all your financial details are securely accessed. With the details received, the lending institute will be able to calculate the best rates for your loan, thus ensuring your financial needs are met as closely as possible.
• Minimal paperwork and hassle free processing: As previously mentioned, your back account will be linked to the app. As a part of this process, details about your identity, address and business income, linked to the bank account, will be accessed and verified. This eliminates the process where you would be required to submit additional paperwork, which would further require additional processing.

If you are looking to ensure that your business receives the appropriate financial assistance, this loan app will provide you with the ideal support. Download the app today to know how your business can benefit from it.

Enjoy a convenient personal loan application through the bank loan app

Loans have been a popular option for those seeking to satisfy any financial requirement. Furthermore, one can easily apply for a particular type of loan, to satisfy a particular financial requirement. For miscellaneous requirements, the personal loan has been a perfect choice.

Plenty of lending institutes offers the opportunity to apply for a personal loan.  Over the last few years, personal loans have become a popular option for individuals seeking financial aid. The reasons that make this loan a popular option includes:

• A flexible and unrestricted loan amount ranging from Rs 10,000 to Rs. 1,00,000.
• Flexible interest rates are making the overall loan affordable.
• Convenient repayment tenure thus ensuring financial manageability.
• Can be used for miscellaneous financial needs
But while the loan does offer a solution, it is the matter of accessing it that is a concern today.

Traditionally, you would be required to approach the bank or lending institute with a prefixed set of documents. Once these documents would be verified, the application would then be considered. Once this step has been completed, the lending institute or bank will provide the relevant loan amount and disburse it to your preferred choice of deposit. No doubt, this would be a time-consuming process and rather a tedious one. However, the smartphone has made its presence convenient here.
Over the last few years, the smartphone has slowly evolved to support multiple functions, which also includes managing your financial habits. While you can easily open a bank account, transfer funds, or even track a transaction, you can now even apply for a personal loan. This can be done easily through the bank loan app, which now allows you to access specific loans offered by the lending institute. Several options, such as the InstaPaisa, CASHe and HDFC Bank personal loan apps now make it easy to apply for this loan through a smartphone bank app.
But how can you benefit from this app?

Here are several reasons:

• Instant access: Through the traditional channels of loan application, you would be required to provide a filled application form, along with the appropriate documents pertaining to proof of identity, address, income and source of income. Each of these elements would take considerable time to review and verify, thus unnecessarily lengthening the loan application process. However, with the bank loan app, you only need to download the app, sign in, verify your bank account and apply for the loan amount. You also have plenty of choices to opt from, such as InstaPaisa, CASHe and HDFC Bank personal loan apps. Once you have adjusted your loan rates, you can easily apply for it. All in all, it would take a mere matter of minutes to get the loan as compared to days.

• Calculated decisions: Since the smartphone is within your reach at all times, it makes it easier to access. Furthermore, it also increases your chances of making a calculated decision, especially since you can easily access data from the comfort of your phone. Compare rates, adjust your EMI value or even know your eligibility, you can get all these results through one single app.

Bank apps and EMI’s: Convenient loan repayment through your smartphone

A smartphone has become a necessity, if not an obligation in today’s time. Gone are the days where a phone is only used as a means to communicate with an individual through a phone call. Today, plenty of activities can be executed, both simple and complex, such as accessing media files, or even performing financial functions.

But amongst the various financial functions that can be undertaken, applying for a loan of your choice is now available. Just like the traditional application process, you can now get access to borrowed funds, right through the comfort of your phone’s app.
You simply need to download the app and install it on your phone. Once installed, you just need to register your account with your unique customer ID.

This unique identity is provided when you open an account with the lending financial institute. Since all your personal and address details are verified at the time of your account opening, the same details are accessed by the lending institute’s system when you verify your account through the loan application app.

But this alone is not the only benefit of bank loan.
Like any other application process, the loan does not end only with access to the funds. You must also understand the means to repay back the borrowed funds. You will need to understand your repayment capability and current debt management in terms of EMI affordability. This is where tools such as the loan EMI calculator will work assist you and work in your favour.

The EMI loan calculator will provide you with the following benefits:

• Know your tenure: One of the features of the EMI value determines the repayment value and the tenure. Since different loans will have different tenures, it is crucial to get an understanding of the time taken to repay the loan. After all, you would not want to be a position where you would spend years in debt paying off a small amount when you can adjust for a shorter tenure and an affordable EMI amount.

• EMI affordability: As previously mentioned, applying for a loan also requires having the means to repay back the borrowed funds. For this purpose, the EMI value is a crucial factor, as it determines the monthly value and tenure required to back the borrowed funds, interest rate along and other additional charges. The inbuilt loan EMI calculator will help you plan understand your EMI affordability. Through this, you will be able to understand how much you can pay through the given EMI’s or adjust for a lower value.

• Provide flexible rates: One of the main challenges of a loan is calculating the appropriate loan and EMI value. While you can afford a particular loan value, opting for a flexible rate will help you manage your finances, especially if you have several other financial obligations. The EMI loan calculator will help you calculate flexible rates as per your requirements, which can be adjusted to you desire in mere seconds. 

Get instant loans through your smartphone app with a click of a button

Managing your finances has now become more convenient, thanks to the smartphone platform. You can now easily make money transfers from your phone, get real time updates about transactions and even open a bank account when required.

But did you know you, can also get quick loans through the loan application app?

At some point in life, your financial requirements will require you to apply for a loan. Be it a loan for personal needs, or a specific requirement such as purchasing a home, a two-wheeler or even a car, the financial assistance will aid you in your venture. But while loan itself will provide you with financial aid, is the process that is often tedious and time consuming.

It often requires multiple visits to the lending institute, collection of documents and tedious wait of getting the loan processed. But with instant loans you can get the loan approved and the amount deposited in your account in a matter of few minutes or hours.

Here is how it is done:

Step 1: Download the required app: You only need a steady and secure internet connection to access the Google Play store or App Store. Once you access it, you can easily search for your required app and down load it. Ensure that you have the latest version of the app when you install it, so that you stay up to date and protected against any threats or risks.

Step 2: Register your account: Once you have downloaded the app, you will need to create your account. You will be required to provide a unique password along with registering your account assigned customer ID. Once you have finished registering your account, you can now proceed to opt for the loan you want.

Step 3: Select the loan option you would want: Proceed to the loan option section and opt for the loan type you would want. Depending on the loan option you select, you will be required to opt for the call back option, or check your eligibility. In the event you need to check your eligibility, you will need to provide relevant details about your income, place of work or self – business, type of work industry, place of residence and length of residency, monthly earning and current EMI payments amongst many others.

Step 4: Apply for the loan: You can now proceed with the application, by adjusting the loan rate value, tenure and EMI value as per your requirement. Once you have finalised the rates, you can submit your application.

Step 5: Loan application tracking: Once you have submitted your application, you can easily track your loan application with the assigned reference number. If there is no issue with your account details, then the instant loans will be approved.

Why you need a loan application app on your phone today

Appropriate financial management is not only an obligation today but also a requirement. After all, any investment you make will create a positive or negative domino effect on your future financial options. With such a fast-paced world and lifestyle we lead, it is crucial that you make quick and calculated decisions to ensure that your finances are beneficial, if not secured.

This is where your smartphone and its relevant apps will work in your favour. This gadget is more than a tool that can be used to communicate with others. It is now progressed to a multi – functional platform that allows you to manage your finance, amongst many other activities. After all, taking control of your funds is about making finance work for you. Through this platform, you can easily check your bank account, make money transfers and even get your account updated.

But did you know you can also now apply for a loan? With the progression in economic and technological infrastructure, you can now easily apply for a loan online through a single app. Because at some point in your life you will need to apply for a loan, such a financial tool will work in your favour.

Here is how a loan application app on your phone will benefit you:

Quick loan application and disbursal: One of the main factors that affect the loan request is the application and disbursal process. In either case, through the traditional means, the time taken would be lengthy, as various verification checks and call backs would be required. However, since you will be using a unique and verified identity number to apply for a loan, through the app, the time taken for the verification process will be shorter. Consequently, it would also reduce the application and disbursal time, leading to a quicker loan access for you.

Optimum security: When you apply for a loan online, you would be required to provide your financial details. This could include your account details, financial details and login details. Such information, if accessed by an unauthorised individual or entity, can compromise your finance and account. However, application through the app will be bound by stringent security features. Furthermore, since the app platform undergoes constant change and upgrade, it provides optimum security against any evolving challenges and risks. Thus, once you begin the loan application process, you can be well assured that your finances will be protected right from the beginning to the end.

Instant loan deals: Getting the right loan rates is crucial, as it benefits you as a customer as well as the lending institute. But in order to make a loan decision, you must be aware of the loan rates available. This is where instant alerts on your loan application app will work in your favour.

Having a smartphone with the loan application app will help you understand and plan your finance right from the beginning to the end. Download the app now and make the most of the loan features to get the best loan rates today.

Check your car loan requiremets right from the comfort of your smartphone

Not everyone can afford to the buy the car of their dreams. Some might need a little extra help and that’s where car loans come in. These loans can help individuals buy a car they always wanted, provided they meet certain criteria for the same.

Unfortunately, the criteria for the car loans of different banks are different; and even one single bank can offer multiple plans for the same.

Hence, finding out which car loan suits one the best can be quite a challenge as one would need to put in plenty of hours of research. This might not be possible for many due to time constraints as well as other commitments. Luckily enough, a simple solution to this problem exists, which can make it very easy for one to check their car loan requirements.

What is this solution?

This easy solution is downloading the loan app on one’s smartphone. The loan app has multiple handy features, which can help one find out everything they need to about car loans. Here are some of its features that can help one check car loan requirements-

1. Allows to check car loan eligibility

As mentioned before, the eligibility criteria for car loans can vary to a great extent. The loan app features details of the eligibility criteria such as the age permissible, the salary one should have, the maximum amount that can be borrowed, the duration for which it can be borrowed, the documents required and much more. This can help individuals know exactly what they need to do in order to apply for a car loan.

2. Offers the facility of car loan calculator

One of the other requirements a person needs to check before applying are car loan interest rates. Loan apps feature the lowdown on this too, and in fact also features the car loan EMI calculator, which can calculate the amount one needs to pay monthly in order to finish the repayment process. Having this information beforehand, allows one can find out which loan plan suits him best and then manage his finances accordingly.

3. Simplifies the application process

Not only can one check their car loan requirements with this app, but one can also apply for the loan straight from their phone as long as they have all the information needed. This way, one can get almost instant approval for their loan.

So if one doesn’t want to go through the hassle of physically visiting banks to check car loan requirements as well as apply for one, downloading this app on one’s smartphone is the most logical thing to do.

Calculate your home loan in mere seconds with the loan app

Planning to take a home loan? When taking a loan of this kind, there are many things one has to consider. These include – the location of the property where one intends to build a home, the size of that property, the price of it, one’s own income and capability to repay the loan, the duration of the loan and so and so forth. Of these factors, one of the most crucial things one needs to take into consideration is the loan amount and how this amount will affect one’s budget.

But to know how the loan amount will affect your budget, you have to go through a series of complex calculations as well as multiple visits to the banks, which can be quite taxing to say to say the least.
However there’s an easier way to calculate your home loan interest rates, know your home loan eligibility and much more. Use the loan app to find out such information.

How will a loan app help you with information?

In today’s world of technology, a home loan app is a smart app, which can help one calculate their home loan in matter of a few seconds. With this app on your smartphone, you do not have to go to the bank or try to calculate everything on your own with no correct results. The loan app comes with a built-in home loan calculator, which can give you the exact figure of your home loan along with its interest rates so you can plan your finances accordingly.

The home loan EMI calculator of the loan app can also help you figure out your monthly installment amount as well, which can be quite handy when you are planning your monthly budget.

The best part about downloading the loan app is that you can perform all of the above mentioned functions in just a few seconds. That’s all it takes. Once you fill in the relevant fields with the correct information, the app will perform the calculations for you and give you accurate results in only a couple of seconds. This makes it a very convenient, simple and fuss-free experience.

You can use the loan app to find out the best loans for you too as it offers a comparison of the best home loans with the lowest interest rates, which you can choose from without the need to perform a manual research of the market.

There are plenty of other benefits of a loan app too apart from speed and efficiency. To enjoy these benefits and make the process of taking a loan easier, try out the app.

Looking for a personal loan? Download the loan app now

Conventionally, to get a personal loan, one would put on their best clothes and head down to their local bank in order to apply for the loan. Fortunately, now a customer does not have to, as he can do the same at home as long as he has a working internet connection.

In fact, the entire process of taking personal loans has become much easier than before, thanks to the development of the mobile loan app. Once you download the app on your smartphone, you can get a personal loan without anybody finding out.

How the loan app can help you get a personal loan?
Say one wants an HDFC personal loan. Now instead of going to their nearest bank branch, they can simply download the loan app and get their loan from the comfort of their home. Here’s how this app helps customers-

1. Allows customers to browse through different plans
Before you plan to take a personal loan, it is best to browse through the different plans offered by the bank so you can figure out the personal interest loan rates that work best for you. With the help of the app, you can make an instant comparison and choose the perfect plan.

2. Helps customers calculate the EMI
Most loan apps come with a personal loan EMI calculator so you can calculate your monthly EMI amount, which can consequently help you manage your finances in a better manner. Once you know exactly how much you have to pay each month, you will be able to plan expenses much more efficiently.

3. Offer instant loans in emergencies
One of the biggest benefits one can get when they apply for personal loan via the app is that they can get a loan instantly. This makes it the perfect option in case of emergencies as one does not have to go through the lengthy process of loan application in a bank and waste their precious time. With the app, one can get their loan amount in as less as an hour since the time of application.

4. Low interest rates
Not only are the personal loan eligibility rules slightly more relaxed on the app but even the interest rates are comparatively lower than offline loans. The app will specify the exact and fixed interest rate which you have to pay so you know from beforehand what you’re getting into.

A customer also enjoys round the clock support when he applies for a loan via the app. It is quite time-saving, hassle-free and convenient as well; so one should consider it as a viable option.

Calculate your loan eligibility through your smartphone!

Technology and the internet has made life much more convenient and easy. These days, work schedules have become quite hectic and managing work as well as personal life has become a challenging task. On top of that it is essential that one also maintains their finances, handling bank accounts and loans effectively.

Maintaining one’s finances has become extremely easy with the introduction of smartphones apps. Banks in an effort to make banking easy and more convenient for customers have designed their own smartphone bank apps, which offer assistance when it comes to opening accounts, applying for various loans, calculating the EMI as well as repaying the loan. Any type of information related to banking and loans is available on bank apps that one can download on their phone.

In fact, a customer seeking a particular loan can also calculate his loan eligibility through the bank loan app. Different banks have different criteria for loan eligibility, for instance the HDFC loan eligibility criteria will be slightly different than the State Bank of India loan eligibility criteria. Thus, a customer who wants to get approval for a loan should find out all the relevant information about loan eligibility, before sending in his application for the loan.

How can a customer check if he is eligible for a loan?

A customer can check loan eligibility online, or just download the particular bank application from the app store. One can get all essential information about loan eligibility on their smartphone at any given time during the day! Juts sign in the app and search for the loan eligibility requirements.

Such apps also feature the loan eligibility calculator, which allows the customer to calculate whether he is eligible for a particular type of loan or not. The customer just has to feed in the required data into the loan eligibility calculator and it will make the necessary calculations.

The loan eligibility calculator makes complicated calculations much easier and faster.

The bank loan app will definitely help one calculate his loan eligibility accurately. On the basis of the results one can either instantly apply for the loan they are looking for, or work upon their credit score and history to improve their loan eligibility.

Checking one’s loan eligibility before applying for a loan, is the sensible option because its saves a potential borrower from loan rejection. Once a loan application gets rejected, it gets recorded in the credit history which may make it even more difficult to get approval for any future loans.

Do not hesitate to check loan eligibility before applying for a loan!

Your smartphone is the key to your convenient EMI repayment

Life today has become extremely fast paced and hectic, which is why people always look out for convenient ways to get things done. The same applies to getting hold of loans and repaying them thereafter.

Although banks these days are offering a number of different types of loans like auto loans, home loans, mortgage loans, property loans etc. customers want easy access to such loans. Thus, banks are now adopting digital ways to make loan application, processing and loan EMI repayment easier for customers.

With the introduction of bank loan applications that one can download on their smartphones, handling one’s finances has become much more convenient. From loan application to processing and even planning the loan budget is now possible with the help of a loan app.

Loan apps generally feature a loan EMI calculator, which allows customers to effectively calculate the loan EMI that they will have to pay in the future. One generally has to fill in the necessary information that a loan EMI calculator asks for in order to calculate the EMI.

Customers also use an EMI loan calculator to make a comparison of the different rate of interests that different banks are offering. An EMI loan calculator allows customers to calculate the overall cost of the loan and the ideal EMI and loan tenure that they should opt for.

With access to a loan app, budgeting as well as repaying the loan EMI is very convenient. One can effectively manage their existing dues as well as conveniently make loan repayments every month to the bank through the app. This saves time as well as energy.

In fact, the app allows a customer to set up a process by which the EMI gets deducted from their savings account in the bank every month. Thus, even if the customer forgets to make the EMI repayment he will not default. Even if a customers does forget to pay his loan EMI, the loan app allows him to repay the amount to the bank in no time.

Apart from loan EMI repayment and access to the EMI calculator, one can also look up all the information that they require for different loans on the app. Moreover, the loan app also features a number of various podcasts that one can listen to. These podcasts offer current information on various loans, news about the financial market, investment tips as well as some tips on travel and lifestyle.

One can opt for easy loan EMI repayment, by downloading a loan app on their smartphones today!

Online loan application: Enjoy a stress free loan application through your smartphone

Managing one’s finances has now become extremely simple due to internet access and availability of smartphones, laptops, tablets and computers. One can easily track their cash, set-up accounts with banks and even opt for loans from the comfort of their own office or home.

With the advent of smartphones, the app world has come into being. Banks have taken full advantage of the new digital world and have come up with self-help applications that effectively allow customers to manage their bank accounts, investment and loans online.

Through mobile banking apps one can check their loan balance, the funds that have been transferred through their account, credit or debit card usage etc. One can also choose to apply for easy loans or quick loans.

Why opt for online loan application?
 Here are a few reasons why one should choose to apply for loans online-

• Take advantage of the digital world
Technology and the internet has been developed to make everyday things easier for us! Which is why, as banks adopt digitalization and set up special apps, customers should take advantage of the facility.

• Easier and faster
Applying for loans online through your smartphone app is easy and hassle free. One does not need to pay a visit to their bank to avail an application form and various details about the loans. All that you need to do is access the app and check for information about the loan and its application from.

• Access to quick loans
A number of bank apps, allows customers the access to quick or instant loans. Many a times a financial emergency may crop up that one is not ready to deal with. In this case, one can avail an instant loan by sending in a loan application through their mobile apps. The process of filling the form and sending in the application is simple and does not take much time.

• Access to information
An individual looking for a certain type of loan can get all the information he wants about eligibility, application and sanction on the loan app. Information on any kind of loan, be it a car loan, two wheeler loan, mortgage loan or plot loan etc. is available to the borrower.
Moreover, one can also plan the budget of their loan though a loan app. These apps have an EMI calculator, which make complicated calculations much easier for customers.

In order to avail the option of applying for quick loans, one should download a loan application on their smartphone and sign in to use the app.

Now easily track your loan application status through your smartphone

Technology has taken a giant leap in today’s generation. It has improved communication, lifestyle, convenience and creativity. Technology is used in everyday life to fulfill various tasks and interests. For example, previously the main function of a mobile phone was to call and text. But the phone today has evolved into a smartphone. Thus, besides making calls and messaging, a smart phone can perform functions like internet browsing, video calling, online banking etc.

Every business depends on banking services. They include accepting deposits, transfer of funds and providing loans. The traditional method of banking consumes a lot of time, hence technology has given way to e-banking.

Every bank offers loans for its customers. It may be a housing loan, business related loan or even a personal loan. In order to acquire these loans there are many formalities that have to be completed. An online loan app makes it easier to apply for the loan. After downloading the online loan app there are various steps that must be followed-

Step1- log-in with your bank ID or loan account number
Step2- Select the type of loan required
Step3- Check whether you are eligible
Step4- Submit the documents required.

After applying for a loan, one can track their loan application status through a loan tracker app. The process of checking your loan application includes:

• Visit the online loan app and go to the “loan tracker section”
• Type the applicant’s name or the applicant’s id
• Select the birthday, month and year from the calendar
• Provide phone number
• After providing the necessary details click on “submit”
• After submitting the details a page displaying your current loan status will appear

Applying for a loan is not as complicated as most people think. The only thing that one must keep in mind is to give genuine documents. A CIBIL check is done to count one’s credit card score. After submitting the legal proof and other required documents it is the bank’s job to look into the documents properly and sanction the loan.

The online loan app is also useful for tracking expenses. There are various interactive tools to plan your goal. Tracking your application has also become easier through the loan tracker app as it gives you the current status of the loan application. If the applicant has a good credit score, the loan is easily approved.

The internet has simplified the process of loan application. Applying for a loan online is much more convenient. One can also enjoy lower rates of interest and calculate their EMI easily. Relevant information on loans is also easily available on the loan app.

Did you know that your smartphone is the best way to apply for a loan?

In this time and date science and technology have reached new heights! With the introduction of the internet and recently smart phones, communication has become simple and less complicated.

In fact, a smartphone basically constitutes your world in a tiny handset. With a smartphone you can make calls, play games, read books, listen to music, pay bills, shop online and now even apply for loan through various bank apps. Thus, even banking has been revolutionized with the introduction of the smartphone.

Banks today are coming up with personalized apps, in an effort to make banking easier and hassle free for customers. So much so that you can now look up information of different loans and avail a loan application form online too. All one needs to do is fill in the relevant personal information that the loan application demands and submit it. A bank official will soon contact you to further discuss the loan that you want to apply for.

One can easily apply for any loan through such loan assist apps. Just download the app from the play store on your smartphone and sign in. Once this is done, you can search for information and a loan application form for any type of loans including education loans, personal loans, home loans, mortgage loans, property loans, auto loans etc.

Thus today, one can apply loan online from anywhere, through a loan assist app downloaded on their smartphone! You just require a smartphone and an internet connection to send in your loan application.

Here are some advantages of loan assist apps offered by banks that customers should be aware of-

• User-friendly- These apps have been designed to cater to the needs of customers. Thus they are simple to handle and to the point. Moreover, clear instructions are offered on how to use these apps.

• Informational- Loan assist apps are quite informational. They provide facts about all types of loans and information on how to apply for loan as well. A number of podcasts are also available on the apps offering news about recent financial developments and investment options.

• Easy to access- All one needs to do is search for a loan assist app on their play store, check rating and authenticity and download the app. Most of these apps are free, so one does not have to spend money purchasing any.

Banking and sending in loan application has now become convenient and hassle free. One definitely does not need to pay a visit to the bank when they can avail relevant information on loans through their smartphone!

How can your loan application process be made easy?

Gone are those days when one had to make multiple visits to the bank to open an account or apply for a particular loan. With the introduction of smart phones, online banking has been completely revolutionized! Banks have now come up with self-assist apps which allow customers to open accounts, make transactions, pay bills and also apply for bank loans.

Taking a loan from bank is a grueling process which involves quite a bit of documentation and paperwork. But, with the introduction of various loan apps, applying for and processing a bank loan has become much easier.

Here are some features of loan apps that make availing bank loans hassle free and time saving-

• Avail any loan with just a tap-

Once the app is downloaded and you are registered, you can search for any fresh loans offered by the bank, be it a car loan, home loan, personal loan, two wheeler loan, availability of credit cards, business loan, loan for gold etc.
A customer can avail all the relevant details of any kind of loan on the app, without personally paying a visit to the bank. Thus, one knows all the information required to send in a loan application to the bank.

• Plan a budget using the EMI calculator available on the app-

Bank loans need to be planned. A borrower should calculate the overall price of the loan and make a comparison of the different rate of interests offered by various banks and financial institutions.
In order to make such calculations, one can take the help of the EMI calculator available on loan apps. The calculator is highly accurate and makes budgeting simple and easy.

• Apply for the loan through the app-

The app features the bank loan application form for each and every loan that is offered. A customer looking for a particular type of loan just needs to fill in the required details and press ‘submit’. A bank official will get in touch soon to discuss further details of the loan and its terms and agreements.

• Listen to podcasts about loans-
In order to get the latest information about new loans and investments, a customer can listen to various podcasts on the app. These podcasts are highly informational and provide knowledge about the current market interest rates and deals.

In this time and date a number of loan options are available, and getting a loan from bank is easy.
While, the processing and paperwork is a bit time consuming, banks are making a great effort in simplifying this step as well. They are designing and introducing helpful loan assist apps that are both informational and user friendly.

Banking apps: Keeping your finances safe

Fast, faster and fastest are the three stages that the modern life operates in. Mobile phones are now not just restricted to communication, they double as one’s bank and are fully capable of performing a range of functions that would previously require a visit to the bank. Paying bills, transferring funds, checking the account balance and much more is now possible with mobile banking apps.

Availability of Apps and their Advantages:

These banking apps are usually available in all operating systems. They can be used on smart phones, desktops, laptops and tablets. Previously working and managing finances was a real headache as banking and working hours would clash making it very difficult for a person to visit the bank physically. Now it can be done at your convenience. You can easily plan investments, make transactions, make payments and tend to other needs as per your schedule. Moreover, online transfer has made it more convenient to pay bills and make payments anytime of the day.

Payment Process and why it is Safe:

Mobile banking apps are a secure way to make payments. A number of measures are taken to ensure that no one can tamper with the transactions. Multiple check posts on the transaction process prevent any accidental transfer of money. Your transaction shall not be processed if the inputs given are wrong. It needs various fields to match such as the account number, name and the IFSC code and then only the transfer can take place.

Most importantly developing banking apps and other modes of payment using the internet has made transactions safer. Now you get notifications regarding your account once any transaction takes place or even if your account balance is lower than the required amount.

OTPs (one time passwords) are essential for processing transactions. Even if your debit/credit card is stolen, a person cannot use it unless he has access to OTP.

Elimination of Human Interface:

The elimination of a human interface saves you from the troubles of corruption as people don’t get a scope of demanding bribes and extorting you. Banking apps and online payments increases transparency in transactions. You also get the facility of IMPS (instant fund transfer) that makes your transactions faster and does not require a long time to be processed.

Security Measures in Case of Theft:

Blocking cheques, reporting card theft or communicating with the bank has now becoming easier with mobile banking apps. Internet banking, mobile banking apps and debit cards all have different pin numbers and ids. Hence a customer’s account is quite safe and secure at all times.

Banking apps: Keeping your finances safe

Fast, faster and fastest are the three stages that the modern life operates in. Mobile phones are now not just restricted to communication, they double as one’s bank and are fully capable of performing a range of functions that would previously require a visit to the bank. Paying bills, transferring funds, checking the account balance and much more is now possible with mobile banking apps.

Availability of Apps and their Advantages:

These banking apps are usually available in all operating systems. They can be used on smart phones, desktops, laptops and tablets. Previously working and managing finances was a real headache as banking and working hours would clash making it very difficult for a person to visit the bank physically. Now it can be done at your convenience. You can easily plan investments, make transactions, make payments and tend to other needs as per your schedule. Moreover, online transfer has made it more convenient to pay bills and make payments anytime of the day.

Payment Process and why it is Safe:

Mobile banking apps are a secure way to make payments. A number of measures are taken to ensure that no one can tamper with the transactions. Multiple check posts on the transaction process prevent any accidental transfer of money. Your transaction shall not be processed if the inputs given are wrong. It needs various fields to match such as the account number, name and the IFSC code and then only the transfer can take place.

Most importantly developing banking apps and other modes of payment using the internet has made transactions safer. Now you get notifications regarding your account once any transaction takes place or even if your account balance is lower than the required amount.

OTPs (one time passwords) are essential for processing transactions. Even if your debit/credit card is stolen, a person cannot use it unless he has access to OTP.

Elimination of Human Interface:

The elimination of a human interface saves you from the troubles of corruption as people don’t get a scope of demanding bribes and extorting you. Banking apps and online payments increases transparency in transactions. You also get the facility of IMPS (instant fund transfer) that makes your transactions faster and does not require a long time to be processed.

Security Measures in Case of Theft:

Blocking cheques, reporting card theft or communicating with the bank has now becoming easier with mobile banking apps. Internet banking, mobile banking apps and debit cards all have different pin numbers and ids. Hence a customer’s account is quite safe and secure at all times.

Check out these features of the internet banking app and how it can help you

Internet banking is becoming the need of the hour in India, especially among the younger generation which relies on smart phones for every day needs. It has unlimited advantages over traditional branch banking, which has made it the new face of modern banking in India. Also known as e-banking or online banking and used in short as net banking, it is a feature that allows one to access their bank account from anywhere and at any time using internet through a mobile or computer.

At present, almost every bank has internet banking services in India and people are slowly adapting to this latest trend. Due to the low internet literacy rate in the country, online banking needs more time to start functioning as a mass product. The limitless advantage it has over traditional banking makes it very potent to take over as the only mode of banking in the future.

Internet banking has nearly all the features and services of branch banking and it is very user friendly as well. Listed below are some of the key features of online banking and how it helps you:

• The first and foremost point of internet banking is that it gives you access to your account 24*7 and 365 days. Even when it’s a public holiday or 12 midnight, you can login to your account if needed.

• Online banking allows you to transfer funds to anybody by linking their account instantly. This feature is very useful for businesses as it is completely hassle free.

• It saves you a lot of money and time as one does not have to visit their bank branch every time they need to make a transaction or deposit money.

• It is an ecofriendly mode of banking, which has attracted large number of people around the globe. Online banking allows you to download bank statements in PDF format, thus saving paper.

• It is one of the safest modes of banking as it has multi layered security that is set by you while registering for online banking.

• It allows you to open deposits and fixed deposits and also buy general insurance on the go.

• You can use it to make your monthly bill payments and also use it as the default payment mode.

• You can also make payments and apply for loan with internet banking.

Internet banking is also very user friendly and beneficial because of its multi-purpose functions. It is especially a hit among the younger generation of boys and girls in the country who are much more tech savvy than the older generation.

Do you know what the net banking app can offer you?

HDFC net banking also known as e-banking or virtual banking is short for internet banking. This feature enables a person to handle his finances using the internet, without being physically present at the bank in contrast to the traditional way of banking.

It is an electronic payment system that allows you to do transactions both financial and non financial as per your need, using your mobile or computer. It is the latest outcome of technological advancement that has changed the face of modern banking.

In order to use this feature you need to register yourself with the HDFC bank for online banking. Set up your password and other credentials and you have access to your HDFC bank account 24*7 from anywhere, through your mobile or computer. Contrary to the most prevalent perception of net banking in India, it is very much safe and secure to use as it has multi layered security.

The HDFC net banking app has a wide range of features and offers its users with a long list of services both financial and non financial such as:

• You can view your account balance whenever you need.
• You can download your bank statements in PDF format.
• You can transfer funds to anybody by linking their account.
• You can also use it for online bill payments and third party transfer.
• You can view paid cheques and order cheque books.
• You can download your periodic account statements.
• You can also apply and pay for your loan amount.
• You can also use it to apply for credit cards.
Although net banking is not very common in India because of the low internet literacy rate, it is finding its place especially among the young generation because of the advantages it has over branch banking. Some of the advantages are:
• It gives you permanent access to your account no matter what time or day it is; you can use your bank account as desired.
• The biggest advantage of internet banking is its cost effectiveness. It allows you to access your account without spending a single penny.
• It saves you a lot of times as you don’t have to travel to your bank.
• It is very safe and secure as it has multi layer security.
• It helps you to transfer money instantly on the go.
• It is very easy and user friendly.

Apart from these basic and most common services offered by most of the banks, HDFC net banking app also offers additional features as well. For example one can aggregate all their accounts in one place using net banking. One can also use it for their default monthly payments and also manage multiple users account at one place.

Digital bank apps is the need of the day

Today, digital banking has become the need of the hour. Individuals lead extremely busy lives, and after the end of a hectic day, it is next to impossible to spend time waiting in lines at the bank. This is where digital or online banking comes in.

Digital banking gives the customer the comfort of conducting their banking transactions right from the comfort of their homes, without taking the trouble of standing in line at the bank. All banking transactions such as checking funds and balances, transferring money, and even paying bills can be done via digital banking.

This digital transformation has essentially changed how we live, how we work, and how we bank as well. Transferring money within a matter of minutes and paying bills on smartphones were unheard of till even a few years ago, but they have become very commonplace realities now. Conducting banking transactions using digital banking apps is the common norm today.

Today, almost everyone has devices such as smartphones and other appliances which are always connected and are constantly able to collect data and exchange it. This has led to the delivery of any kind of financial information whenever and wherever you need it. This perpetually connected world, which provides financial management to people at the tip of their fingers, thus needs similarly digitally connected apps that can deliver a 24x7 seamless banking experience.

The explosion of internet-connected gadgets means that the demand for faster digital integration has to be met. Digital banking apps are able to facilitate quick and secure financial transactions.

Moreover, digital banking apps can provide user-friendly interfaces that enable third-party service integration which give banking providers greater control over access of customer information, thus ensuring both ease of access and superior security.

Digital banking is also extremely helpful in paying bills online, which is why so many customers are turning towards it. Paying bills is an aspect that all of us have to deal with at some point in our life. Before the shift towards everything digital, paying bills used to be a cumbersome process. Today, with the introduction of mobile banking apps that provide digital bill payment services, paying bills directly through your bank has become extremely hassle-free.

Digital banking apps cash in on the popularity of smartphones and easy access to the internet, making these apps a must-have for anyone who holds a bank account and wants to conduct all banking transactions with just a few taps. Digital communication is at an all-time peak now, and this is why digital banking apps are also the need of the day!