5 Benefits of an Online banking app

  Due to the lockdown, many people have thought to open new account online and start using online banking to carry out all their transactions. Many consider this to be the future of banking and prefer it over the traditional way of visiting the bank branch to carry out transactions. If you are new to net banking, this article might be useful for you. Read on to discover the answers to 5 common questions about net banking.  1.   Is it easy to open a new account? You could easily open new account online. You need to simply visit the bank’s net banking website and register yourself.   You would need to enter your customer ID which has been provided to you by the bank and enter your registered mobile number. You would receive an OTP by the bank which you would need to enter. You would then be asked to enter your debit card details and set your IPIN (initial one time IPIN would be sent to you by the bank). You can then log in to net banking with our customer id and t...

The phone banking app has made life easier for people who hate standing in long queues. This app makes it convenient for people to enjoy a good banking experience. It makes sure people are practicing social distancing as you could bank from literally anywhere in the world. There are many more benefits of using a phone banking app as well. The 5 benefits of using a banking app are given below. 1. You can access the account anytime You can access your account anytime in any corner of the world using the phone banking app. You do not need to check whether the banks are open or not to carry out transactions, one could also carry out transactions when the bank is closed or on a weekend. You do not need to carry a huge amount of cash for your daily needs as you could use the banking app and get the money transacted directly from your bank. 2. You can carry out any transaction with ease Due to the phone banking app, it is now easier to carry out any transaction while at your comfor...

  To open a bank account online, you could simply search ‘ bank open account online ’ on Google and find a list of websites from various banks. Opening a bank account online is very easy, convenient and accessible at any time. Nowadays, most of people prefer to open their bank online and avoid visiting the bank to skip long queues until necessary. Opening a bank account online is not very different from the process carried out in the bank. Here are 4 few simple steps you need to follow to open your bank account. 1. Sign up for the bank account and filling the details To open a bank account online, you must visit the website of the bank of your choice and click the ‘Open a new account’ option. A form would be shared with you by the bank. You need to fill up all the details correctly and click the ‘submit’ option. The questions generally include details about your identity such as name, gender, age, address, etc. and the type of bank account you would wish to open. You should a...

  Due to the pandemic, people do not wish to visit the bank’s branch to apply for any service from the bank. Hence, most banks have a mobile app where their users could apply for the services from their homes and support social distancing. People are now availing of all the services by the bank online and are happily supporting mobile banking apps. An important aspect of your bank account is the debit card. Given below are 4 easy steps to apply for a debit card online.   1.   Visit the bank’s website and go to the debit card section To apply for a debit card online, you need to visit the bank’s website and log in to your account by filling in your username and password set by you. You can then go to the cards section in the personal banking section. Select the debit card option and apply for a new debit card from that section.     2.   You need to choose the type of debit card There ...

  O pening a new bank account sounds interesting but may sound like a nightmare to many people who do not know how to open a bank account. People generally forget to keep in mind the things to do before opening a bank account, and rush into opening bank accounts and get stuck later on. Given below are 3 Do’s and Don’ts while opening a bank account. 3 Do’s while opening a bank account 1.   You should research about all the banks Y ou should have complete kn o wledge about the bank while opening a  new bank account . You should research the bank and understand the processes within the bank. This would help you create a good relationship with the bank and would understand the processes much clearly when you perform them. You should also research every bank available in the market and compare them to find the best bank to open your account. 2.   You should know the various services offered by the bank You should check the various services offered by the bank, every bank ...