The ever-increasing use of smartphones has led to the introduction of mobile apps, which help you book a cab, order food, pay someone quickly, and do all banking now. According to a survey, a person using a smartphone on average uses over 10 apps a day. Knowing this, most banks offer a mobile banking service to enhance customer experience. For this purpose, they have launched their customized banking app with multiple features to meet their customers’ needs.
A recent mobile banking survey revealed that over 97 percent of millennials used a net banking app to carry out their banking tasks. Others are also following suit by using the app for paying bills or making peer-to-peer money transfers. Keeping this in mind, banks offer mobile applications with advanced features to give the users more than what they need.
IDFC FIRST Bank internet banking application comes with the latest features to help you manage your bank account and finances successfully. The banking app is known for its advanced security features that protect highly-sensitive customer information while offering customized banking solutions. Some exclusive features that you can never ignore are:
- Starting a bank account
One of the most significant features offered by a mobile banking app is opening a digital bank account. With IDFC FIRST Bank, there are different types of bank accounts like savings accounts and current accounts for individuals and businesses. You can open suitable savings account instantly on its mobile banking app. Self-employed persons can open a current account on the app by submitting essential information online.
Individuals or businesses having bank accounts with IDFC FIRST Bank can apply for net banking registration to gain control of their bank accounts online from anywhere and at any time. With it, you can open a current or savings account, pay bills, deposit money, receive loan approvals, view balances, schedule payments.
- Link all your bank accounts
You will find it difficult to manage money from one account to the other if you have multiple bank accounts. The IDFC FIRST Bank mobile banking app helps you to link all your savings bank accounts with the same or other banks on a single platform, and carry out all the transactions from one place. You can track your spending, pay your credit card or utility bills, shop, invest money in equity or mutual funds, categorize expenses, and send money to another account, all through the app.
- Quick transfer or payment of money
With IDFC FIRST Bank, you can find one of the best mobile money transfer apps, as it helps you make payments anytime, even during non-banking hours. It allows you to use any of the digital payment options such as the NEFT or BHIM UPI app and make bill payments easily.
The app also helps you avoid paying charges for late payments. You can set up recurring payments to not forget the payment date. With this, your utility or credit card bills, insurance premiums, subscriptions, and tax payments are paid on time.
- Take out an instant loan
Most people prefer an app that helps them apply for a personal loan during an emergency. The IDFC FIRST Bank mobile banking app can help you apply for an instant unsecured loan up to Rs 40 lakhs at competitive interest rates.
You have to fill in the personal loan application form and upload the required documents online, for the entire process is paperless. The banking app also assists you in having a customized loan depending on your requirement with a convenient repayment schedule and interest rate.
In conclusion, you can have a seamless banking experience using the IDFC FIRST Bank mobile banking app, which you can download on your mobile phone now.