Smartphones with mobile applications are increasingly used to carry out most financial transactions. We use mobile phones most of the time as we always carry them with us. The banking industry offers the best mobile banking apps that help customers do banking activities online via mobile phones. A mobile banking app works as a bank and helps you do all mobile banking activities online.
The IDFC FIRST Bank mobile app is the best banking app through which you can access your account online. The app also offers several features that enable you to do several banking activities.
To avail of this facility, you need to download the app on your smartphone from the Google PlayStore, signup, and open an online account on the app. One who is eligible can open an online account with IDFC FIRST Bank and enjoy various benefits.
Choosing the best online bank app is not easy, for it should provide the essential features you want. Here are some features to consider while choosing a mobile banking app:
1. Safe sign-in features
A mobile banking application process is very safe and secure because it is designed to have multi-factor authentication. This feature helps the customer sign-in safely by receiving an OTP or one-time password to his or her registered mobile. This OTP is valid for only 10 minutes, and the customer needs to verify the login process. Whenever a customer signs in, the app inevitably sends alerts and notifications on activities such as money transfers, balance checks, ATM withdrawals, and deposits. You can get statements immediately to manage your money.
2. Open a digital bank account
IDFC FIRST Bank is one of the best personal banks in India that helps customers have a seamless banking experience. You can open a zero-balance bank account through the mobile application and do all personal banking activities. The exclusive features on the banking app enable the customers to strengthen and grow their finance.
Apart from the savings account, entrepreneurs can open a business account. Business people who can open a business account are:
- Resident individual
- Sole proprietorship
- Hindu Undivided Family (H.U.F.)
- Partnership
- Limited Company/Limited Liability Partnership
This type of account is suitable for small to medium-sized business people to have multiple benefits and features. The customer can enjoy single-view Internet and mobile Banking platforms, GPS-enabled banking, Trade Forex Solutions, and payment and receivables solutions. For any account, you can avail of loans at a low-interest rate through a mobile banking app. All you need is to provide the basic information and submit an application online with the necessary documents.
The banking app on your phone helps you open a digital bank account online and get several benefits. The eKYC feature helps upload personal documents and identity proof most safely and keeps your data confidential.
3. Connect and access all your bank accounts
The banking app offers instant access to your bank accounts from one place and allows you to do money transactions and check the payments. It connects different leading banks and financial institutions in India on a single platform.
4. Make investments for a higher return
The online mobile app allows you to make smart investments in mutual funds, sovereign gold bonds, and unit-linked insurance plans. You can access different user-friendly tools of various financial services and earn more money.
5. Make safe and secure payments
Customers can pay their bills instantly from anywhere using different payment modes on a mobile bank through the UPI QR code. They can make payments at any time in their preferred language.
Apart from the above-mentioned mobile banking features, there are several competitive features and benefits that enhance customer experience. These features make IDFC FIRST Bank mobile banking app the best personal bank app in India.