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Digitalization has considerably changed the enterprise operations of most banks and industrial sectors. With automation, banks could move one step further in providing services to customers. It provides convenience and safety to customers and helps save time too.
A mobile banking app is the result of digitalization, and it helps simplify most banking and financial tasks. The online banking app allows you to carry out most of your banking transactions in the comfort of your home. However, there are a few factors that you have to consider when choosing a mobile banking app.
IDFC FIRST Bank offers you one of the best online banking apps, which you can download on a mobile phone to manage your money anywhere and anytime. The app is designed to offer:
- Multiple functionalities
The IDFC FIRST Bank mobile banking app offers you access to multiple functionalities. You can transfer funds, open a bank account, pay utility and credit card bills, set up alerts, and invest money in mutual funds. The app also offers a convenient way to contact your bank’s customer service center through phone, chat, or video call. Hence, you don’t have to wait to solve any problems or queries. Moreover, you can also view all your financial dealings, like expenses and payments through financial statements and charts.
- Convenience
With a netbank app from IDFC FIRST Bank, you can do banking wherever you want. Mobile banking apps are known for offering convenience that you can avoid going to the bank and waiting in queues. The app is accessible 24/7 with no restriction. You can use the linking facility to view all savings accounts with any bank on the same platform, check the account balances, and transfer funds between accounts.
IDFC FIRST Bank’s unique bank account app helps open a paperless digital bank account within a few minutes. All you need to do is to provide essential details like the name, email address, mobile number, PAN Card and Aadhaar Card numbers, and supporting documents online. After the KYC verification, the account becomes active.
- Tracking of your bank account
With one or multiple bank accounts, you will have innumerable transactions such as deposits, withdrawals, fund transfers, payments, investments, and so on. An online banking app makes it easier to access and monitor money flow in your account. Using smart filters, you can categorize the transactions based on types, names, and payment methods. The alerts and notifications are other features that facilitate easy tracking and controlling of your financial transactions.
- Advanced security
IDFC FIRST Bank is one of the few banks offering the best online banking appthat safeguards your bank account against malicious intruders. A transaction on any device is done with complete security using multi-layer encryption. Thus, customers’ sensitive data are completely protected at different levels. For this purpose, a unique login PIN, biometrics, and two-way authentication are provided for every user individually.
- Add-on features
A mobile banking app should provide several additional features such as an instant loans app to apply for a personal loan, vehicle loan, consumer durable loan, and education loan. With an investment app, you can plan your investments in mutual funds, sovereign gold bonds, and unit-linked insurance plans. By setting up spending alerts and using an income and expense analyzer, you can regulate your cash flow and save money considerably.
In conclusion, an online banking app should offer several functionalities, convenience, and safety to the user.
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