How to have control over your money with a banking app?

Banking has become easier than ever with integrated mobile applications on smartphones. You can now handle your money on a banking app whenever and wherever you want. A mobile banking app has grown to become one of the most essential apps used by people.

As for tech-savvy generations, a banking application help control their finances in the comforts of any place. With quicker access to banking and better visibility of finances, a mobile banking service is growing in popularity.

You can carry out most banking tasks on a net banking app quickly and conveniently. Further, the user-friendly interfaces, customization, and real-time assistance make a net banking app the most sought-after app among people to have control over their money. For instance, IDFC FIRST Bank offers you one of the best digital banking apps with advanced features to help manage your money. Here’s what you can do using it.   

  1. Carry out various banking tasks on the go

With a banking app, you can access all your bank accounts from one place by linking them. IDFC FIRST Bank’s mobile app allows you to check the balances of all your bank accounts on the same page without logging into various bank accounts separately. It also helps you use the bank statement download feature to view the transactions and categorize them based on the types of expenses, mode of payment, and date using smart filters. 

It will help you know how much you spend, where you overspend, and whether it exceeds your income. You can analyse your expenses and income to have control over your spending. 

  • Manage fund transfers and bill payments

With a net banking app, you can make instant money transfers and bill payments. The recurring payments you pay every month can be scheduled to avoid paying late-payment charges. The app also enables you to make person-to-person money transfers easily. The IDFC FIRST Bank mobile app facilitates UPI money transfers by creating a virtual payment address (VPA). How to transfer money via IDFC FIRST Bank BHIM UPI App?

  • Log onto your IDFC FIRST Bank mobile app and go to send money or pay money section
  • Select the UPI option
  • Select the mobile number or UPI ID of the person you want to pay
  • Next, click on the ‘Pay’ tab
  • Enter the amount you want to transfer
  • Confirm the bank account from which you want to transfer money 
  • Click on the ‘Pay’ tab again and enter your UPI PIN
  • Fund transfer has been done

Other than the UPI fund transfer, you can use NEFT, RTGS, and IMPS payment methods to transfer funds or pay bills. The IDFC FIRST Bank net banking app also allows you to transfer money or pay your bills using the three-click payment method. It helps you pay your utility bills related to DTH connection, LPG, electricity, mobile phone recharge, and credit card bills.

  • Receive alerts

A banking app is known for giving immediate notifications and alerts for your banking activities. The net bank login username and password keep your account safe. When you access your account, you get a notification. It will help safeguard your account from unauthorised intrusions. You get alerts for any debits and credits to your account. For instance, an amount received or paid is brought to your notification through text messages.  

It doesn’t matter whether you are a tech-savvy individual or not, the IDFC FIRST Bank mobile banking app offers a user-friendly interface and features, simple navigation, and safe net bank login to make the best use of it to control your money.