Mobile banking is a growing trend, with most banks offering customer services through innovative banking apps. With these apps, you can manage your money anywhere, anytime. The IDFC FIRST Bank mobile app is one of them designed to offer advanced features to manage your weekly or monthly budget and save money.
Other than the usual banking activities like fund transfers and payments Xfinity wifi internet, it helps you make investments in equity, schedule payments, control expenses, and borrow funds. The tech-savvy customers can find various financial management tools to track their account balances, send and receive quick payments, budget, and set alerts. Moreover, a banking app helps a bank offer superior and personalized service with speed, convenience, and security.
If you are looking for a banking app that can help you do everything related to money management, then you need to look for the features it offers. IDFC FIRST Bank’s mobile banking app is built to simplify your banking tasks and manage your finances daily. With more and more customers shifting to online banking, banks like IDFC FIRST Bank keep their banking apps updated with the most advanced features.
Here are some essential ones to look for when choosing the best mobile banking app in 2022.
- Advanced security features
As mobile banking apps enable the users to carry out financial transactions, they store confidential and sensitive user information. Hence they should be developed with advanced security standards to avoid malware attacks. The IDFC FIRST Bank on mobile app is designed to provide complete security through multi-layer encryption to protect sensitive transactional data at various levels. The app provides security features like a unique login PIN, multi-factor authentication, biometrics, and limited login attempts for every user individually.
- Convenience guaranteed
A banking app should be convenient enough to offer various online solutions to satisfy your financial needs. The IDFC FIRST Bank mobile app facilitates easy banking wherever and whenever you want. It helps you open a digital bank account, check balances, and make online payments anytime without visiting the bank’s branch and waiting in queues. You can access your account 24/7 to check the latest transactions in different bank accounts by linking them on a single platform.
- Smart tools offering multiple functions
IDFC FIRST Bank’s e-banking services through the mobile banking app offer various products via multiple functions. You can open a savings bank account without visiting a bank. All you need to do is download the mobile banking app on your smartphone, fill in the details on the account opening application form and submit it with the scanned copies of your PAN Card, Aadhaar Card, and signature online.
You can start a regular savings account or a customized savings account based on your needs anywhere. With a digital account, you can carry out multiple functions like a bank to bank money transfers, bill payments, check account balances, and link credit cards. For online money transfers, you can use NEFT, IMPS, RTGS, or UPI payment methods.
There are other payment options like ‘Pay to Contact’, which permits you to transfer or pay money using the integrated UPI app to anyone in your contacts. Other than this, you can also set up payments for a future date and pay your credit card and utility bills. By using alerts and notifications, you can receive reminders for pending payments and alerts for unauthorized intrusions and low minimum balances.
- Manage your bank account
A good mobile banking app will help track the money flow in your savings or current account. With the IDFC FIRST Bank mobile app, you can link all your bank accounts and monitor multiple transactions related to fund transfers, deposits, payments, withdrawals, interest paid or received, and investments. To have a clear view of the account statement, you can use smart filters to categorize the transactions based on their names, types, and payment methods.
- Other integrated apps
A net banking app should help you manage money using innovative tools like an instant loan app, investment app, and budget app. The integrated loan app helps the users apply for personal loans, vehicle loans, consumer-durable loans, and education loans.
Similarly, the investment app helps you plan your investments in equity, unit-linked insurance plans, and sovereign gold bonds. The budget app, on the other hand, allows you to filter your expenses, set up spending alerts, and analyse income and expenses to save money for higher returns.
A mobile banking app plays a significant role in your life. No matter what banking services you are looking for, IDFC FIRST Bank can help you through a customized banking app, which you can download now.