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Are you looking for Best Mobile banking Apps? Well, Here I am going to list top mobile banking apps. Mobile Banking app is best tools for Android and iOS smartphone to check the bank balance, mini statement, transaction statement, transaction online ( through NEFT, RTGS online, IMPS Funds transfer) and also you can make Donations through mobile banking apps.
According to research conducted by the global consultancy firm, KMPG in August 2015, the number of mobile banking users globally is likely to double to 1.8 billion which is over 25% the world’s population, in the next four years.
Almost All Indian bank has brought their mobile banking apps for Android but they are not made their Apps compatible with iPhone platform. Some Indian bank has not come out with internet mobile banking apps. There are many features offered on banking apps. So let’s see and install Internet banking app and make bank transaction through it.
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Here are some key findings on Mobile banking in India.
- India has the youngest population of mobile banking users across the globe.
- Banks are increasingly adopting ‘Mobile First’ technology.
- Large banks are already acquiring technology start-ups to keep up with the rapid pace of change and the growth of challenger banks
- Challenges including cyber security and the lack of collaboration with developers are preventing banks to innovate and capitalize up on ‘open banking’
India is home to around 150 banks including public sector banks, private sector banks, RRBs and urban co-op banks.
The Axis Mobile is available for Android and iPhone users. The app is user-friendly, and it offers a wide range of functionalities at the touch of a button.
Using the app, you can view your account summaries and mini statements, access credit cards and debit cards and loan accounts as well. Besides you can convert your credit card transactions into EMIs.
Axis Mobile app is made for Axis bank mobile banking.
Carry the bank in your pocket.
Axis Mobile App has many features like View account summary, mini statement and transaction details for all savings account, current, and credit card accounts etc.
Axis Mobile app also can be used to locate ATMs/ Branches and offices near you.
Direct download Axis Mobile banking app from Play Store.
Going by the current user reviews, there are some bugs post latest updates which are needed to be fixed.
HDFC Bank MobileBanking
Available on Android and Apple, HDFC Mobile Banking App works fine for me.
It lets you perform a host of banking operations ranging from account statements to RD account creation. You can also view FD account summaries, transfer funds, and request cheque books using the app.
Some users do complain about the old school user interface, but that’s okay as long as it performs well.
Android user review score-4.2/5
Apple user review score-2/5
2016 Global Mobile Banking Functionality Score of HDFC Bank- 52/100
Citibank IN, mobile banking app of Citi Bank is compatible with Android as well iOS mobile platform. The app is pretty popular among Android users with an average score of 4 out of five.
The app can be used for a number of services. It helps you locate Citi Bank ATMs, branches, and retailers offering Citi Bank privileges. Using the app you can transfer funds, pay bills, request E-statement and so on.
Android user review score- 4/5
Apple user review score-2.5/5
2016 Global Mobile Banking Functionality Score of CITI Bank- 45/100
iMobile ICICI Mobile Banking Apps:
ICICI bank’s official iMobile is said to be the most comprehensive and secure mobile banking application offering over 100 banking services on your mobile.
It lets you transact from all accounts including loans, PPF, Insurance, iWish.
You can create RDs, FDs quite easily and transfer funds from your savings account. Besides, accessing insurance accounts, locating ATMs, a status inquiry of cheques- everything is there for your convenience.
Moreover, you can check the information about the bank, credit card accounts, balance details and last 3 transactions on your Smartwatch by using iWear – ICICI Bank’s Android Wear Banking application:
Android user review score- 4/5
Apple user review score- 2.5/5
2016 Global Mobile Banking Functionality Score of ICICI Bank- 44/100
State Bank Freedom:
The State Bank Freedom offers a host of banking services including the balance enquiry, money transfers to loved ones, and bill payments at any hour of the day.
With some simple steps of registration, the app is ready to use. You can not only access your accounts, but you can create or close FDs/RDs.
SBI (State bank anywhere) app is state bank of India’s retail internet banking based application for your smartphones. State banking app is a safe, convenient and easy to use application. You can download it from Google Play Store.
It’s up to which you choose from 10 Best Mobile Banking Apps. We have described and listed that can solve your problems without being a technical person. It’s very easy to use and make transaction faster. No more worry about bank closing, your bank is in the pocket now. Do shopping, Transfer without waiting in bank ques. Thanks!