5 Benefits of an Online banking app

  4 Tricks to help you choose the Best Online Banking App   If you are planning to take all of your banking requirements online, this is the perfect article for you. Choosing an online banking app to fulfil your financial requirements could be a confusing task given the variety of choices that are available in the market. However, the selection process is not that difficult if you have the right knowledge and to equip you with just that, here are 4 tricks to help you choose the best online banking app - 1)       Should have no transaction fee If you regularly transact online, it is better to avoid banking apps that charge a significant amount of money on each transaction. Do keep a check on the ATM fees and the monthly fees as well, as these may be small amounts, to begin with, but can soon turn to a lumpsum amount with the passage of time. That being said, there are plenty of banks that do not charge you any fee and can be easily fou...

Banking in old times meant one had to visit the nearest bank office to transfer money to their paren t s’ bank account. But since mobile banking apps gained prominence, one could transfer oney to their beneficiaries from their bank account using their smartphones. Today, banking is easier, smoother, and faster than it used to be. You can search a phrase like “ Digital india banking app ” on Google to know more about such apps. On the contrary, though, people have concerns about the security features of mobile banking facilities. Let us look at the different security features that are part of every mobile banking app. 1. OTP to activate a money transfer app When one downloads a mobile banking app and attempts to register it on their smartphone, they get a One Time Password or OTP to successfully register it on their device. Without the OTP, the mobile banking app cannot be registered. This method ensures that the person installing the app is authentic and unique. Such apps are free to d...

Until recently, any bank work had to be done by visiting the bank personally. With the advent of smartphones, bankers decided to make banking easier for people. They came up with apps for people to transact their money effortlessly, and with much less paperwork. Banking apps have made banking smoother, faster, and safer along with providing customer-friendly services too. In this article, we will tell you about the benefits of opening a zero-balance account on a   bank account opening app . You get a virtual debit card When you open a zero-balance account through a banking app, you get a virtual debit card instantly. You can use this virtual debit card to pay your bills, shopping expenses, traveling costs, and much more. It gives you the ability to settle your money matters on the go. It also reduces the clutter of managing too many debit cards. No need to pay account maintenance fees When you complete a zero-balance account opening procedure through a banking app, you do not need ...

Earlier, all the banking services that people needed were only accessible through their bank’s offices. Now, times have changed. Banking services can be accessed through smartphones as well. You can  open bank account online  and conduct all of your banking transactions through the bank’s online app. This way of handling your money is easier, smoother, faster, and secure. Banks even offer the RTGS money transfer facility on their app. RTGS stands for Real-Time Gross Settlement, where the money is paid in continuous payments which are open 24 hours a day, every day. In this article, we will tell you about the details you need while making RTGS payments, and points to remember while doing so. The details needed to send money through the RTGS money transfer app are : Beneficiary bank name Beneficiary bank branch Amount to be transferred Sender’s bank branch name Beneficiary bank IFSC code Account number if the amount is to be debited from the sender’s bank account Beneficiary acc...

An easy net banking app offers all the essential services to the person on their smartphone. It makes accessing banking services easy. In recent times, many banking apps have flooded mobile app stores. But with so many banking apps in the market, a question arises over how to choose a banking app that offers the best services. You can search the phrase ‘ easy open bank account online’ on Google to know how you can open a bank account, and use it on-the-go. In this article, we will tell you about the features that make a banking app an easy way of handling your money. 1. Easy and secure login Many banking apps use a multi-factor authentication system to secure the bank account information and transactions of their clients. It is a cumbersome process. An easy net banking app puts a secure but simple login feature in place. It uses biometric data of the account holder to help them log into their net banking account and use the bank’s mobile services. This authentication method is easier...

  Today, when we wish to buy something, the first thing that we think about is would product be available online. Sellers know that their customers would always choose to go for the more convenient alternative, which is why many have an online platform where you can complete your purchase from the comfort of your home, using a simple digital account app . It is common knowledge that you can buy products off online platforms such as Amazon and complete the payment through your digital app which is connected to your open savings account . While this may be the primary purpose of such apps, it is not the only thing that they can do. Let us take a look at 5 unusual things that a digital banking app can do that would surprise you: 1. You can transfer money without needing your bank information Whenever you think of online bank transfers, you rush to get your passbook and all your banking details. However, a digital account app does not work in the same way as net banking does. When you...

When you are opening a bank account, you will be open to numerous types of accounts. You will have to decide which type of savings account you would prefer to use all times.One such savings account you will come across is the zero-balance savings account. Just like the name suggests, a zero-balance account is an account where the owner does not have an obligation to maintain a certain minimum balance at all times. This type of account is offered to those who do not find it feasible to hold regular savings accounts and salary account holders. To learn more about a zero-balance account, read about the 5 things that we have listed below. 1. There does not have to be one single account holder A zero-balance account is not restricted to just one single account holder. Of course, you can choose to operate the account personally, but you can also choose to operate the account jointly, former or survivor, either or survivor, and so on. 2. If the account is stagnant, it will get dormant Even ...