How to pay your utility bill with this internet banking app?

Paying the bills every month is something that most people dread, but have to do nonetheless. When you think about bills, you automatically feel that you would have to sit down with lots of receipts and mark them off as you pay them. However, with the advancement of technology, you no longer need to follow such a hectic method of bill payment.
Internet banking allows you to clear off any outstanding bills from the comforts of your own home. Moreover, the introduction of internet banking apps into the smartphones has further simplified the bill payment procedure. Here is a look at how you can pay off your utility bill through such an app.

Step 1: Downloading the app and registering
Download the banking app to your smartphone and tablet. These apps are usually available in the Google Play Store for Android users and the App store for iOS users. Once the app has been downloaded, log into it with your internet banking details and the details of your bank account. Do not fret over it, there is no chance of the confidential data getting leaked.

Step 2: Get to know the app
It is important that you get comfortable with the app prior to making payments or undertaking any transactions. The best way to go about it is to explore the different options available in the app. This will allow you to appreciate exactly what you can and cannot do with the internet banking app.

Step 3: Choose the online bill payment option
Once you are familiar with the app, proceed to the bill payment option. Here you will be allowed to pay any and all kind of bills that you may have. You will need the bank details of the beneficiary, if you want to use the internet banking to clear your bills. This bill clearance does not cost you and is much simpler for you to keep track off, since all of the receipts are digital.

Step 4: Automatic bill payment
Certain utility bill amounts may be the same each month. For instance, the house rent or the cost for your television’s cable package does not vary unless you change them yourself. This is why you can set up a system through which these bills will be paid automatically by the banking app at a specified date each month. This will further simplify the bill payment process, as you would not have to remember paying these bills every time.

It is quite simple to take advantage of the bill payment options offered by internet banking apps, which is why you should embrace this new mode of payment immediately.

Mobile Banking: What are the different payments you can make?

Mobile banking is similar to internet banking and the only difference lies in the fact that one is customized for smartphones, while the normal net banking is for computers and laptops. The sudden rise in popularity of the banking apps is due to the simplicity that such programs offer. You can use the mobile banking apps to make a variety of payments ranging from utilities to credit card bills.

Here is a look at all of the payments that you can make using the mobile banking apps.

1. Utilities
Utilities refer to the payments that you need to make each month for services that you use. For instance, most people pay electricity bills, phone bills and cable bills each month. You may have to pay other bills as well. At any rate, keeping track of all these payments can become a hectic procedure.

However, with the mobile banking apps, you are allowed the opportunity to make all of these payments in a hassle free manner. You will not have to keep a record of the payments separately, as the receipts for the same transaction would be stored digitally in your app’s account.

2. Credit card bills
Using the mobile banking app to pay credit card bills can also be advantageous. Firstly, the bill can be paid off in a hassle free manner without the need of writing out a cheque. Secondly, taking advantage of the mobile banking app and using it to pay credit card bill can also get you discounts on the bill amount. This is subjective and the same offer may not be present for all banks.

3. EMI payments     
In the case that you have taken a loan, you would need to repay the same over a few months or years. You have to pay a fixed EMI every month. Since this is a fixed monthly payment, you can take advantage of the automated payment options found in most banking apps. With this option enabled, the app will automatically pay the beneficiary with the EMI amount on a specified date every month.
This will save you the trouble of having to remember making the EMI payments each month and reduce the risk of defaulting on your payments.

Essentially, you can make any payments necessary using the mobile banking system. It will make payments simpler and hassle-free. Even though you may be intimidated by the new procedure, it is simple to learn and adapt to. So, just try it out.

Banking app: Take Advantage of these features

Banking apps have become essential in today’s world. Not only do they provide a new mode of transaction and banking, but also provides added benefits. Most banks have an app for smartphones, through which customers can make payments, keep an eye on expenses, take loans or even invest in mutual funds.

Here is a look at some of the features of such apps, which you would not get from other sectors of banking.

1. Transaction from smartphone
Almost every person in the world has a smartphone these days. People keep their phones with them almost all the time and are the most accessible form of technology. This is why a banking app makes sense. Customers can sign into the app and conduct transactions from within, even if they do not have access to their computers. Similarly, people can check their accounts and expenditures on the go, which can be quite helpful in certain situations.

2. Bill payments
Mobile banking apps offer you an opportunity to clear your bills and utilities online. Bill payments every month can be hassle and difficult to keep track of. You may have to pay bills for electricity, your phone, laundry, and many others every month, and it is only natural for you to forget which ones you have already paid and which ones are still left to be cleared.

For bill payment, banking apps can be pretty useful. Not only can you track the payments made, but you can also set reminders and alerts on the app. These reminders will notify you when you are due for your payment, thus lowering the chance of defaulting on a payment.

3. Discounts and offers
Many companies offer attractive discounts to customers who opt for an online mode of payment. This is mainly because companies also prefer to keep transactions cash free. So, when you opt for an online banking app and make payments using the same, you can look forward to some exciting and impressive offers.

4. Advice regarding finance
A banking app can provide you with additional knowledge regarding the different aspect of finance. This will help you with investment and overall management of wealth. Apart from the helpful suggestions, the apps will also offer options for investment. Usually, you will be able to invest in mutual funds from within the app itself.

A mobile banking app is essential in today’s world and gives you an edge when it comes to financial matters.

Net Banking apps: Why you need one today!

Banking has evolved with the change in technology. Internet banking is one of the most important changes that have come into the banking world after the introduction of the internet. Today, customers and companies alike are making use of the online mode of payment to transact. What with the prevalence of smartphones, banks have also come up with net banking apps, which are programs designed to aid people to transact using the internet.

Here is a look at some of the advantages of the net banking app.

1. Much more convenient
Internet banking has made transactions much simpler and convenient than it was before. Previously, people needed to fill out a cheque or pay by cash. In case of a cheque, the beneficiary would need to visit a bank branch and drop the cheque to cash it in. The entire procedure was complex and involved a lot less security. With internet banking, the transactions are instantaneous and there is very little doubt regarding safety and security.

2. Specialised services 
When you download a net banking app for a particular bank and use it, you are given specialized service, such as advisors for your investment, money monitoring tools, tax services and more. The app also offers loan calculators, which can be used for a hassle free loan application procedure. These services are only found using the net banking apps and not by any other means.

3. Paying bills online
Each month, you need to pay the bills for utilities and other services. This may be quite a hassle if you are making cash payments or through cash. However, with net banking apps, you can make the payments online. This method will also let you keep a track of all the receipts for payments easily. Moreover, you can use your credit card to make the payments of bills.

4. Easy access to your accounts
With the banking application, you have easy access to your account. This means that you can simply open the app on your smartphone and get a detailed look of your bank statements and expenditures. This makes maintaining the account simpler and streamlined. At the same time, you do not have to run to the bank every time you want to deposit or withdraw money.

Almost all banks have an app related to net banking. Make sure you download your bank’s app. Link your account when you log in for the first time. From the next time, you can directly transact from within the app after you log in.

Make bill payments easy through internet banking now!

Internet banking is a very important aspect of all financial transactions today. It has not only simplified the procedure of transferring funds, but also saves a lot of time. At a time when governments across the world are pushing cashless transaction, internet banking is the best option.

Similar to all other transactions, an e-banking app will also let you pay your utilities and bills every month. However, do you know how you benefit from paying your bills online? Lets take a look at the advantages for such a transaction.

1. When you opt to pay your bills online, using internet banking, you are guaranteed a simple and safe transaction. While the conventional method of payment involves a delay from when you sign the check to the time when the beneficiary gets the money, internet banking is generally instantaneous. Even though, there is a remote chance that your transaction may get hacked, the chances of the same are so low that you should not be worried.

2. People can use their credit cards to make bill payments, when paying online. Most companies do not allow this, if you pay their bills offline. Credit card transactions are usually safer and more secure. Additionally, you can pay the bills with the credit if you do not have enough money of your own at that moment of time.

3. If you pay using the internet-banking mode, you will be encouraging cashless transactions. Even though it may not sound beneficial, you are saving paper, which is environmentally advantageous.

4. Internet banking to pay bills can help you keep track of your finances every month. Paying cash usually results in a paper receipts for payments, which have the chance of getting lost or damaged. However, for internet banking, all payment history is maintained digitally, which is why you have almost no chance of losing the receipts.

5. Some companies offer attractive discounts on the bill amount if you are paying through internet banking. This will aid you save more and pay less. Companies allow this discount, as they too desire to limit their cash transactions and encourage customers through these small discount opportunities.

Online bill payment may sound scary at first, but the procedure is much simpler than the conventional mode of payment. The advantages of online bill payments are numerous as stated above and you should opt for the internet banking for making any and all bill payments immediately, if you do not want to lose out on the benefits.

Get financial assistance for your business loan through this app!

For big businesses, availing a business loan is not particularly difficult. The tale is a bit different if it is a startup or a relatively small enterprise. For a small business, the cost of operations alone can be a hill to climb. They can however apply for a working capital loan on the basis of how old the organization is and its estimated annual turnover.

Although banks and NBFCs have been the age old option for such loans, with the digital age, everything has changed. Finance and banking have been bought to the comfort and convenience of people’s fingertips. Working capital loans or other short term loans can be easily availed by the use of an app.

The use of an app to apply for a business loan is both easy and hassle-free. With just a few simple steps, you could receive the very best of financial assistance from experts in the field of business finance.  The app would require the details of your organization such as the date of establishment, and the bank account that is used for operations. With options that cover the businesses that are only just planning to set-up to the ones that have already been established. There is something for every kind of entrepreneur. Also, the kind of industry, whether agricultural, automobiles or education are all enumerated to choose from to specify and distill the aid that might be warranted.

After which, the details that you have chosen will be computed by the business loan calculator. And on the basis of your credit score and your credit history, your eligibility will be analyzed. You will then be assigned a pre-approved loan offer. You can then customize the amount that you would like to loan. You can further tailor your EMI plan.

The app also helps businessmen manage their finances, keep an eye on their budget when they are doing business or traveling. All of this done within a matter of minutes with no third party interference or encumbrance.

Two Wheeler Loan: Easy and convenient loan application through app

So you’ve had your eye on that sleek, powerful engine displayed at the showroom window for months now. But you can’t quite afford it just yet. Owning your own vehicle is not so much as personal pride as it is about convenience. But the thought of standing in line for hours to speak to a loan officer just to go through a long and time-consuming process makes you break out in hives. You need not despair; you can bring the whole process to your fingertips. You can now own your two wheeler without any kind of hassle.

Your phone has your whole life in it.  It is what keeps you connected to everyone in your life. You can access the news, music and images from around the globe with the touch of a button.  You manage your bank accounts with your phone.  And now you can get a complete guide to assist you through the process of applying for a bike loan or a two wheeler loan. A simple app on your mobile will walk you through the whole process and make sure you can buy your dream bike.

With this app at your disposal, you can search for a new loan and get approval for it almost instantly. It would take only a couple of minutes for you to fill in your application. After which you would know your eligibility for it within seconds. You can then calculate your EMI and also amend it to the amount you are comfortable with. You can also customize your payment methods and the time period for your EMI payments. All without having to deal with inconvenience of tedious documentations. The app allows you to compare between the different choices available including the option to avail a used bike which banks or other financial institutions don’t. That is a major advantage of an app over an offline approach.

You can also manage your existing loans and pay overdue EMI’s online. This one-in-all app helps you manage other aspects of your finances as well. With tools that help you calculate your credit scores and your policy premiums.

It also provides a daily Podcast that brings you all of the important and recent investment options, stock market news, lifestyle and travel updates .It also offers exclusive deals on shopping, entertainment and restaurants and more. With a 24×7 helpline for assistance it will be a constant counselor at your disposal for all your financial needs.