May 20, 2024


Savvy business masters

Use these bank app features for safe mobile banking

Digital banking through a mobile application may be your preferred way of banking. Consumer behaviour has changed since the development of mobile apps, which has forced most banks to alter their enterprise operations to improve personal net banking services to the next level. With innovative features and improved usefulness, a mobile banking app has become sophisticated that it helps banks provide services that are more secure, speedier, and more convenient. 

The latest banking app from IDFC FIRST Bank offers valuable features, which is a step toward providing you with safe online banking and enhancing your digital banking experience. With more and more customers using the app, IDFC FIRST Bank keeps updating them to keep up with the changing needs of its customers. Here are some essential ones that you can never ignore. 

  1. Check or view your account balance

You can easily access your bank accounts and check the balances on a banking app. The advanced features on it help you to link your various bank accounts with IDFC FIRST Bank and other banks and check the latest transactions and balances. It helps you to easily manage money by giving you a quick summary of transactions without having to log onto your accounts.

  1. Secured log-in

Banks ensure that you use a safe online banking app with advanced security features. IDFC FIRST Bank offers secure sign-in options, including multi-factor authentication, to gain customers’ acceptance and confidence. It also helps you to safeguard your sensitive data using the latest security features like fingerprint readers, biometrics, codes, and facial recognition. Your highly confidential data are well-protected from hackers through multi-layer encryption. Added to it, an individual user is given limited log-in attempts. 

  1. Easy fund transfers 

Most mobile app users prefer to pay money online because it is safe and fast. Among personal net banking services, the online money transfer is on top of the list. People don’t want to carry cash to pay someone as it is not safe. A banking app facilitates quick peer-to-peer payments and the transfer of funds from one account to another. It gives you easy access to the payment methods such as the National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS).

In addition, the safe online banking app also permits you to make quick money transfers via an integrated UPI app.

  1. Make quick payments

Digital payments have gained much prominence these days. With personal internet banking services like quick payment options, you can pay your credit card bills and utility bills on time. With net banking, UPI, QuickPay, and Pay by Contact methods, the IDFC FIRST Bank mobile banking app offers a seamless banking experience in this cashless era. 

You can pay your utility bills related to DTH connection recharge, insurance premium, LPG, mobile phone recharge, electricity, and FASTag recharge using UPI or QuickPay. Apart from this, you can schedule your recurring payments to pay on time before the due date and avoid late-payment charges. For it, you can use the AutoPay or Adhoc option and pay the entire bill amount or a certain amount automatically.

  1. Monitor your bank transactions  

When it comes to safe online banking, it is all about tracking the money flow in your bank account. If you have more than one bank account, you will come across numerous transactions related to payments, deposits, withdrawals, fund transfers, and investments. The smart features help you to categorize the transactions under different heads and analyse your expenses with income to give you a clear picture of your financial position. 

By setting up alerts, you can check overspending and large purchases and save more money to invest in equity funds or unit-linked plans for higher returns. 

To conclude, your choice of a suitable banking app depends on the features the app offers for a safe and seamless banking experience. The IDFC FIRST Bank mobile banking app is designed to have all the features you want for safe online banking.