If you own a bank credit card or have signed up for mobile net banking, most of your bank-related work today happens through online internet banking on a mobile banking app. However, online internet banking as a service has gone beyond merely facilitating online mobile transfers. The mobile banking services used today are based on cutting-edge tech and offer features that do much more than just displaying your bank balance or completing a financial transaction. Let us see a list of the banks with the best mobile and net banking services in 2023.
IDFC FIRST Bank’s mobile banking app
Our first recommendation to you is the IDFC FIRST Bank mobile banking app that goes beyond the basic service of facilitating online money transfers. Here are its features:
- Quick mobile transfers not just through the Unified Payments Interface (UPI), but also through NEFT (National Electronic Funds Transfer), RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).
- ‘Smart filters’ can be applied by customers to view their transactions.
- ‘Track Your Expenses’ feature to analyse your previous expenses.
- Categorisation of transactions into various categories of expenses is possible.
- Cheque book requests can be placed online.
- Bank statements can be viewed online.
- Fixed deposit and recurring deposit accounts can be opened online.
- You can redeem your credit card rewards through the app.
- Features like ‘Auto Pay’ and ‘One-Swipe Pay’ help customers carry out instant money transfers.
ICICI iMobile app
Another good option for you would be to opt for the ICICI iMobile app. Here are some features of the app that might appeal to you:
- You can locate the nearest ICICI Bank ATM through the app, and transfer money through UPI (Unified Payments Interface) payments, including sending and receiving money to or from an email ID or a mobile number.
- The iMobile app can also be linked to your ICICI Bank Smartwatch or any other iWear product.
- You can carry out NEFT, RTGS, and IMPS transactions through the ICICI Bank iMobile app.
Axis mobile banking app
You shall find the following features in the Axis bank mobile banking app:
- You can set ‘standing orders’ to automatically pay for the services of over 200 utilities through the app.
- Any customer who uses the app can open a fixed deposit or a recurring deposit account instantly through the app.
- NEFT, RTGS, IMPS, and UPI transactions can be made through the app.
HDFC mobile banking app
Here are the features of the HDFC mobile banking app:
- Customers can unlock their mobile banking apps through their Face IDs.
- You can make utility bill payments, UPI payments, and order money or travel cards through the HDFC Mobile banking app.
- This app, too, is UPI-enabled and helps you make NEFT, RTGS, and IMPS payments.
Bank of Baroda M-Connect app
- The M-Connect app automatically links all of the customer’s bank accounts under one Client ID.
- You can make DTH/mobile recharge payments, pay utility bills, and request for cheque books through the M-Connect app.
- RTGS, IMPS, NEFT, and UPI payments can be made through the M-Connect app.
If you opt for any of the above-mentioned banks to open a savings account, you will end up saving more in the long run since all of these banking apps are aimed towards helping customers save more.
