Online Banking App: Read these 7 uses for banking conveniently 

 We use mobile phones constantly in the digital world. A mobile app helps us do specific tasks such as shopping, booking tickets, paying bills and applying for a loan. Likewise, a mobile banking app installed on our device will help us do a range of banking activities and take care of our money.

Using the IDFC FIRST Bank mobile banking app is just like having a bank on our mobile phone. You don’t have to visit a bank’s branch and wait in queues for your daily banking needs. Such top online banking apps help the customers to interact with the bank conveniently.

IDFC FIRST Bank offers through its mobile app, online banking services, which help its customers carry out daily financial transactions safely and conveniently. To avail yourself of the benefits of the app, you need to download it from the Google’s PlayStore or Apple’s App Store and install it on your mobile.

The existing customers can log in using their bank User ID and Password. For the new users, they should create the User ID and Password. Once you log onto the mobile banking app, you can use it to:

  • Open an instant bank account

You can open a paperless digital account using the IDFC FIRST Bank mobile banking app. To apply for a bank account online, click on the three dots provided at the top right on the login page. Then, choose ‘Open savings account’ and

  • Provide your details and submit them with supporting documents
  • Complete the eKYC process
  • Get started
  • Transfer money to your new account

You will have your new account activated in a few hours and enjoy various benefits such as complimentary vouchers up to Rs. 3000, free ATM withdrawals and high POS limits.

  • Pay bills and transfer funds

The Fund Transfer & Payment option available on the IDFC FIRST Mobile Banking app helps you transfer money from your bank account and pay credit card bills, loan EMIs, and invest in equity. This best mobile money transfer app also allows customers to earn, save, invest, and keep track of their money steadily and effortlessly.

  • Manage your money

The mobile banking features are tailored based on the customers’ needs. This all-in-one mobile app facilitates the customers to manage their finance. They can view their account balances by linking their bank accounts. Furthermore, the smart filters help them view bank transactions in different categories such as the name, mode of payment, date, and so on. Also, the Income and Expense Analyzer option on the app helps manage your money by comparing the cash-flows.

  • Make investments

With the integrated investment app, the IDFC FIRST Bank mobile banking app helps you to invest your money in the most lucrative investment options such as mutual funds, RD, FD, Sovereign Gold Bonds, initial public offerings (IPOs), Rights Issue and Call Money, and many more.

  • Avail Instant loans

The banking app also helps you apply for an instant loan, like a personal loan, two-wheeler loan, loan against property, and home loan. The instant loans app helps you with:

  • Paperless loan application process
  • Easy Instalment options
  • EMI calculation
  • Loans at competitive interest rates and low processing charges
  • Alerts and notifications

You can set alerts and receive notifications on the IDFC FIRST Bank mobile banking app on every transaction, such as withdrawals or deposits. The bank will update your registered mobile number on the app to help you get real-time updates, messages, and alerts. This helps you take an immediate action if you find any obscure transaction.

  • Advanced security

The online banking app protects your financial information using cutting-edge technology and through security practices like:

  • Anti-malware and anti-virus protection
  • SSL encryption
  • Multi-factor authentication
  • Biometric authentication
  • Automatic log out

However, it is essential to understand that you should also take measurements to keep your information safe and follow the security instructions religiously mentioned by the bank. So, with the IDFC FIRST Bank mobile banking app, you can do all your banking activities peacefully and conveniently.