4 ways to choose the Best Net Banking app


As the banking sector has become the backbone of every country’s economy, there has been a significant upsurge in the number of financial institutions present even in our country. With the ever-increasing number of facilities and benefits offered by banks online, it is pretty easy to get confused when choosing the best net banking app. 


However, to help you overcome the dilemma, here are 4 ways to choose the best net banking app for all of your financial needs - 


1) List out all the required financial services 

The services offered by banks vary significantly. As a result of this, it is very important to understand your needs and make a list of all the services you wish to utilize to meet your financial needs. Do keep in mind to check if the benefits you need are also offered on the bank’s app so you can conveniently access them when the time comes. You can easily get this information directly from the bank’s website or even by reading the app description in the Google play store.


2) Compare different bank accounts 

Once you have selected the right bank for you, the next step is to compare the different bank accounts offered. You should also check that all the services and benefits of the bank account are offered on the app. This information can easily be gathered from the bank’s website or by searching ‘online account opening’ on Google. However, do not visit an aggregator’s website for these details as they do not include all the correct information most of the time. Nonetheless, if you don’t know where to start, visit various blogs or check out the bank’s website directly and compare the minimum required balance, additional services, and even the penalties and maintenance charges that are levied on a bank account.


3) Check the size of the bank’s application 

An ideal application is neither too big nor too small. The size of a reputable bank’s mobile application is anywhere between 50 to 150 megabytes and provides a seamless banking experience. Applications below this range require you to download additional apps to utilize specific benefits of your account while the bigger ones take up a lot of space and tend to slow the phone down. Do keep in mind to check the permissions that the banking app requires as there are could be a potential scam if you are not downloading the application directly from the bank’s website. 


4) Check for customer support within the app 

Obviously, no one likes to wait 15-20 minutes on a call just to clear a doubt or fix a tiny issue with the account transactions. Assess the reachability to the customer support through the mobile app and choose the app that can solve minor issues or answer some FAQs without you having to call the bank just to get a few things done. Some banks even provide a virtual assistant in the app that can help you with the online account opening process and also guide you when making money transfers online.


We hope this article helps you choose the best mobile banking app that meets all of your financial requirements. Best of Luck!


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