With digital banking, online money transfers have become quite common. Today, financial transactions between two accounts can take place within a few seconds. This saves a lot of time and effort, which is why mobile banking apps have become so popular. To learn more about such apps, here is a ordered list of 5 mobile apps for banking that are know to offer the best-in-class experience when it comes to online money transfers:
- IDFC FIRST Bank app
Even though it was launched recently, people consider IDFC FIRST Bank App as one of the most reliable personal banking apps. The account opening process of this banking application can be completed within an hour. Another notable facility of this mobile banking service is auto-pay. By using it, you could pay bills on time and invest in mutual funds every month. Other than the auto-pay facility, you can also keep a track of your expenses and manage forthcoming payments.
- YONO
Managed by SBI, YONO is a banking application that enables you to access an extensive range of banking and non-banking services. By using this one app, you can pay bills, shop, invest according to your convenience, and purchase train tickets. Also, through this mobile banking service, you can download account statements, access banking services internationally, and apply for new SBI cards.
- Go Mobile+ App
Go Mobile+ App is a banking application is known for offering various banking facilities with a personalised interface. Through this mobile banking app, you can sign up for IDBI’s net banking service. This app allows you to access banking functions like checking account statements, paying bills on time, transferring funds, and many more.
- iMobile Pay
In this mobile banking app managed by ICICI Bank, you will find a wide range of money transfer options such as UPI, NEFT, QR code, and IMPS. Other than helping you to invest in mutual funds every month, through this app, you can also book railway tickets, flights, and hotels. A ‘pay later’ option was also added recently, and you can transfer money to anyone on your contact list even if they do not have an account with ICICI Bank.
- Kotak 811
Last on the list, Kotak’s 811 is also a mobile banking app that is considered to be one of the most reputed banking apps in 2023. The app is known for offering numerous money transfer options such as QR codes, IMPS, NEFT, and BHIM-UPI. Apart from these options, the standing instructions facility can be used for recurring LIC premium payments, utilities, and mutual fund investments. It can even be used for shopping at E-commerce websites and booking movie tickets.
The five banking apps mentioned above are known for offering the best banking facilities and services. These banking facilities have convinced people to sign up for these mobile banking apps. As money transfers have become faster, there is no need to be concerned about the bank’s working days or working hours. You can transfer funds with just a few clicks!
