Monday 12 November 2018

Which are the best mobile banking apps in India?

What started as an SMS service in 2002 has expanded into an all-inclusive internet banking service with the boom of the internet and smartphones. A majority of banks are exploring the territory that keeps expanding due to consumer demand. The growing popularity of internet banking with the users can be attributed to the easy access and better level of services.

Here is a list of the best internet banking apps that allows you to access your account with just a few clicks on your smart device.

State Bank of India Anywhere Personal App

As the name suggests, this app provides you easy access to basic banking features from anywhere. It is available in Hindi and English and gives you an insight into your deposits, withdrawals, and generates a mini balance statement. You can pay bills, schedule payments and open or close a fixed or recurring deposit through this app. Premiums of SBI Life Insurance can also be paid through this app.

ICICI Mobile Banking iMobile App

It is among the most popular apps that allows access to around 100 services. This eliminates your need to visit a bank. You can go about your transactions using your mobile number, e-mail ID or ICICI Bank account number. From opening a fixed or recurring deposit to paying for life insurance, this app covers it all. This app also keeps updating you with new services that the bank has to offer. Furthermore, the iWear feature allows you to engage in the banking through your smartwatch as well.

HDFC Bank Mobile Banking

Through this app, internet-banking app you can access your account summary, make credit card and bill payments, and transfer funds. You can also request chequebooks if you have exhausted the previous one. Lastly, the app allows you to stop payments as well.

Axis Mobile App

The Axis Bank application allows you to schedule payments, besides fund transactions and account bookings. You can also convert credit card payments to EMIs, block a card, temporarily deactivate a card and replace them. Using this app, you can set a limit on your card purchases and issue standing instructions for payments of over 200 services.

M-Connect Plus App

Bank of Baroda’s app enables you to transfer funds, make bill payments and credit card payments as well. It also has cardless cash withdrawal facility from Bank of Baroda ATMs. You can also view your transaction history and account details through this app. It is available in seven regional languages and has upgraded security features to enhance user experience.

If you already have an account in any of these banks, you can simply download the apps, free of charge and start using the banking features from anywhere in the world. Besides being extremely secure and reliable, these internet-banking apps save you a lot of time and money and make banking much easier and convenient.

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