5 Benefits of an Online banking app

  Most people have a bank account as it is easier to keep track of their transactions and avail of the various services provided by the bank. Most banks have their website or mobile app that their users could use to avail of these services.   You could open a bank account online through the website or the mobile app of the bank. It is easy to open your bank account online. Are you planning to open your bank account online? Here are a few easy steps you could follow for the same. 1.    Select your bank You should select the bank you would like to open a bank account online in. You should choose a bank that provides you with a good interest rate and services. You should check that the bank ATMs and branches are easily available in your area and spread evenly across the country. This makes it easier to find the nearest bank branch in case of a bank-related emergency. You should compare various banks available to you and choose the bank that suits you the best...

  Due to the pandemic, the government has advised people not to step out of their houses unless necessary to avoid the spread of the virus. Most banks allow people to carry out their transactions or avail of their services online through their websites or mobile apps. People should avail of this facility from the bank to help maintain social distancing and avoid the long queues outside the bank. You could even open an online account through these apps. You should download the official app of the bank from the link mentioned on the website of the bank. Here are some of the benefits of opening your bank account online. 1. Open your account anytime, anywhere Due to the current scenario, there are various rules and regulations imposed on the banks. The banks are asked to maintain social distancing at all times and do not allow a lot of people in the bank together. As a result, there are long queues outside the bank for people wanting to visit the bank due to their bank-related...

  Most banks provide people with the facility to open their bank accounts online through the bank’s website or their app. Bank accounts help people carry out their transactions and avail of the various services provided. Carrying out transactions through a bank app is very convenient and safe. There are a few steps you need to follow to open a bank account. Some people are confused and stuck during the KYC (Know Your Customer) process while opening their bank account. In this article, we would provide you with a few simple steps that you can follow to complete the process smoothly. 1.       Submit your identity proof While opening your KYC bank account , the bank would need your identity proof to open your account. You could submit your AADHAAR card, PAN card, or any other government-issued document to the bank. You need to submit a copy of these documents to the bank as they would save it in their database. If you plan to complete the process onl...

Banks help you transact money and keep a track of it easily. Most people are opening their bank accounts online these days as it is efficient and safe as well. Banks, nowadays, have an online presence on the internet and encourage their customers to visit their sites for relevant updates. You could avail of the benefits offered by your bank and check their website and apps to avail new offers and services. You can also open a new bank account online or via their mobile app. Some people avoid opening a bank account online due to the myths related to it. In this article, we would be debunking a few myths about opening a bank account online. 1.   Data   could be shared without the user’s consent Some people think that their data would be shared without their consent while opening their new bank account online, which is not true! The data which you provide on the bank’s website or their mobile app is not shared with any third party companies. In some cases, you may rece...

  If opening an account in the Bank Online sounds scary to you, it’s not! It is not as complex as it sounds; it is very similar to opening an account visiting the nearest branch. You don’t need to wait in the bank as you could open an account online in less than 10-15 mins. There are just a few easy steps you could follow to open a bank account online. Given below are the steps to open your bank account online. 1.You would require to fill in your details Once you go to the bank’s website and click on the ‘open new account’ button it would ask you to fill in all your details on a form. These personal details would include name, address, age, email id, mobile number, etc. You would need to ensure that all the details filled in are correct as it may cause an inconvenience in the future. The bank would then send you an OTP on your registered email id and mobile number which you would be required to enter. These details are then saved in the bank’s database. 2.You would be asked ...

       Due to digitalization, a lot of bank users have started using the mobile banking app as it is more convenient and easy to use. Most banks provide you with the option of banking through an app. You could easily access a mobile banking app through any of your devices such as phone, laptop, tablet, etc. There are various benefits of using the banking app. Here are 5 reasons why you should use a banking app. 1.      You can easily carry out transactions Transactions are made much simpler using the mobile banking app. The app gives you access to carry out transactions at any time; you can easily carry out transactions sitting in any corner using the app. You could complete the transaction within seconds with just a few clicks. The app also provides you with detailed information about the transaction which helps you to have much better clarity about it. 2.      You could start investing using the banking app Mobile ...