The banking sector in India is making crucial changes in banking mechanisms by introducing digital means of accessing financial and non-financial services. Mobile banking and internet banking have undergone a prolific growth with instant payment systems and much more. Top banks in India have launched not just intuitive but also very interactive and innovative mobile banking applications with features revolving around customer satisfaction.
Using these dedicated mobile banking applications, consumers can perform monetary transactions, check account balance, start investments and deposits instantaneously. Let us find out more about some popular mobile banking apps which have added a fair degree of convenience to banking services.
List of Top 10 Mobile Banking Applications in India
Given below is a list of top 10 mobile banking applications in India which can be used by any bank account holder.
ICICI iMobile Application
ICICI Bank’s iMobile application provides a comprehensive and secure platform for users with over 250 financial as well as non-financial services. This app functions to take care of the daily banking requirements from the smartphone.
ICICI iMobile app is available on both Android and iOS. As compared to other mobile banking apps, iMobile has the highest rating on Google Play Store which makes it the top-rated mobile banking app.
Google Play Store Rating: 4.4 stars with more than 10 million downloads
Key Services offered by iMobile App
- Easy bill payment and recharge
- Quick fund transfers with NEFT/RTGS/IMPS
- One-stop smart shopping platform
- Manage all your invests and deposits
- Instant personal loan
- Instant credit card
- Start a savings account
- Open/close fixed deposits
- Scan to pay
- Instant purchase/sale of gold
- Real-time analyses with consolidated statements of transactions
- Start Mutual Fund SIP
- Make travel and stay bookings
- Buy life insurance
Advantages of using iMobile App:
- Convenience in accessing a bank account
- Safe and secure banking
- Quick and easy fund transfer method
- A convenient way of paying bills
- Evergreen discounts, offers and rewards
How to download ICICI iMobile app?
Step 1: Go to Google Playstore/Apple App store in your smartphone
Step 2: Type ‘iMobile’ in the search bar
Step 3: Download ICICI Bank iMobile App
How to activate the iMobile app?
Step 1: Open iMobile app and verify your mobile number
Step 2: Set a 4-digit login PIN
Step 3: Complete one-time grid card authentication using the debit card linked with the account
HDFC MobileBanking App
HDFC Bank MobileBanking Application offers an easy, secure and convenient platform for over 120+ banking transactions from anywhere and anytime. The app is equipped with advanced encryption and security to keep your account safe.
You can also recharge your mobile, make DTH payments, pay bills and credit card dues with HDFC MobileBanking App. Instant money transfers, Demat portfolio management, UPI payments can also be catered with mobile banking.
Google Play Store Rating: 4.1 stars out of 5 with more than 10 million downloads
Key services offered by HDFC MobileBanking App
- Quick and secure login
- Instant fund transfer using RTGS/NEFT/IMPS
- Pay all your utility bills
- Automatic bill payment for recurring payments
- Manage your Demat account and start investing
- Update Aadhaar details
- Download e-TDS certificate
- View account balance, statements, etc.
- Apply for loans
- Apply for a new savings account
- Buy e-gift card and forex cards
What makes HDFC MobileBanking one of the top mobile banking apps?
- Financial transactions like payments and fund transfers are made quick and easy
- Customers can subscribe to automatic bill payment services for recurring payments
- View, manage and update savings accounts, fixed deposits, credit cards, etc. with the bank
- High-security technology like fingerprint ID/face ID is used to keep the app secure
- More than 120 banking services including bill payments, recharge, open/close FD, UPI payments, open/close savings account, order currency notes or travel cards, and a lot more
How to activate the HDFC MobileBanking App?
Step 1: Download HDFC Netbanking app from Google Play Store/ Apple App Store
Step 2: Open the app and enter username and IPIN provided by the bank (also used for internet banking)
Step 3: Set up quick access PIN by entering the customer ID and OTP received on the registered mobile number
State Bank of India YONO App
SBI YONO (You Only Need One App) fulfils all the banking, insurance, investment and daily shopping requirements of its users. With this one app, users can bank, shop, travel, pay bills, recharge, invest, etc. conveniently. It also allows users to apply for SBI cards, make card payments, view transaction history and is suitable for international usage as well.
Google Play Store Rating: 3.9-star rating with more than 50 million downloads.
Key Features of SBI YONO App:
- Instant account opening in less than 5 minutes with personalised Platinum Debit Card and concession on banking services
- Availability of exclusive discounts and offers for SBI customers
- An interface that is easy to understand with intuitive navigation
- Quick fund transfers with UPI enabled payments
- Link and view all State Bank group relationships in one app
- Intelligent classification and categorization of transactions
- Avail overdraft against Fixed Deposits
- Request cheque books and ATM cards
- Get pre-approved personal loans of max. 1 lakh without any documentation
How to activate the SBI Yono App?
Step 1: SBI account holders can use their internet banking credentials to register and log-in to YONO app
Step 2: In case you do not have internet banking credentials, you can generate a temporary internet banking password using your debit card
Step 3: Register using your password and start using the app
Step 4: At the time of registration, set a 6-digit MPIN for YONO app
HDFC PayZapp
HDFC PayZapp is a payment application using which one can send money, pay for shopping in a click, transfer funds, make bill payments, etc. The best part about PayZapp is that it offers rewards, coupons and discounts on online shopping websites and a lot more.
Using this payment app by HDFC, you can shop on your mobile at partner apps, buy movie tickets, groceries, compare and book flight tickets and hotels, shop online and get great discounts at SmartBuy. HDFC account holders can link their debit/credit cards with PayZapp for a convenient experience.
Google Play Store Rating: 3.9 stars with more than 10 million downloads
Key Services available on HDFC PayZapp Mobile App:
- Mobile recharge/utility bill payment
- Add/send funds
- Book movie tickets
- Make travel bookings and payments
- Order and pay for dining/fast food
- Online shopping
- Buy gift cards
- Online grocery shopping
Ways to make payment with PayZapp
- Scan the QR code through PayZapp and pay with the app
- Pay direct money to anyone with their money number
- Make an online payment, online recharge, etc. via Online Pay
How to activate the HDFC PayZapp?
Step 1: Download PayZapp App from Google Play Store/Apple App store
Step 2: Register with your mobile number registered at HDFC Bank
Step 3: Verify using the authentication code sent to your mobile number
Step 4: Create a 4-12 digit security code
Step 5: Link your debit and credit card by scanning the embossed card
Bank of Baroda M-Connect Plus App
M-Connect Plus App by Bank of Baroda is a feature-loaded mobile banking app where users can access a wide range of banking products from balance enquiry to cardless cash withdrawals. All the services provided by the app are free of charge. One-time SMS charge is applied at the time of activation. Fund transfer facility is also provided under this app using IMPS/NEFT.
It has a simple and easy to use interface and activation process. Users can auto-link all their savings, current, CC, OD, Loan, PPF accounts with one customer ID.
Google Play Store Ratings: 4.2 stars out of 5 with more than 10 million downloads
The list of facilities covered by the app is quite long. Here are some of the important services available-
Key Services offered by Bank of Baroda M-Connect Plus:
- Quick fund transfer with BOB, to other banks via NEFT/IMPS
- Mobile/DTH recharges
- Utility bill payments
- Cheque book request
- View account balance
- Update Aadhaar
- Change MPIN, De-link accounts
- Scan to pay
How to Activate Bank of Baroda M-Connect Plus?
Step 1: Download the app from Google Playstore or Apple App store
Step 2: There are four options to register-
- Self-registration using the debit card details
- Using BOB internet banking credentials
- Using BOB ATM
- Submitting application form at the branch
Step 3: After registering, you will receive a 4-digit MPIN via SMS
Step 4: Verify using the OTP sent to your registered mobile number
Step 5: Change MPIN after logging in the app for the first time
Axis Mobile App
Axis Bank’s Axis Mobile App is a safe and secure mobile banking platform which offers more than 100 services to its users for almost all banking requirements. It is one of the most popular and efficient mobile banking applications with convenient access to bank accounts, fund transfers, bill payments, UPI payments, and a lot more.
Google Play Store Ratings: 4.6 stars with more than 10 million downloads
Key features of Axis Mobile App:
- Easy access to all your Axis Bank accounts
- Personalized menu
- One-stop-shop for retail and business loans
- Get pre-approved credit cards
- Process UPI payments
- Scan and Pay
- View account summary, account statements, transaction details
- View and pay latest, unbilled and past statements of your credit cards
- Open FD or RD instantly
- Access your Deposit, Loan, Forex, Demat and Mutual Fund details
- Schedule/ Pay/ Auto-Pay your utility bills for more than 200 billers
- Recharge your Prepaid Mobile, Data Card and DTH connection instantly
- Make quick fund transfers to the same bank or other bank customers using IMPS or NEFT
How to Activate the Axis Mobile App?
Step 1: Download Axis Mobile from the Google Play Store or Apple App store
Step 2: Register using your internet banking credentials or Debit Card credentials
- Credit card users can register using the Credit Card credentials
- Loan Customers can register using their customer id and password (self-generated) for registration
Step 3: Enter the 8 digit activation code received in the registered mobile number
Step 4: Set a 6-digit mPIN which is required every time to log in to Axis Mobile
Kotak- 811 & Mobile Banking App
Kotak Bank has released its upgraded version of mobile banking in the form of Kotak- 811 & Mobile Banking App. Using this app, Kotak account holders can open a new zero balance 811 savings account in just 5 minutes. Besides this, the app provides almost all the banking services including transfer and payments, account balance check, bill payment and recharges, investments, credit card issuance, Demat account access, and much more.
Google Play Store Ratings: 4.5 stars with more than 10 million downloads
Key Services offered by Kotak- 811 & Mobile Banking App:
- Manage financial transactions
- Send and receive money via NEFT, RTGS and IMPS
- Apply for loans, insurance, etc.
- Regulated UPI payments
- Make travel bookings
- One-stop shopping on e-commerce websites
- Pay mobile bills, utility bills and recharge
- Instant update of profile details
- Hotlisting debit and credit card
- Purchase and redeem Mutual Funds and keep track of your investments
- Apply for a Kotak Credit Card and make credit card payments
- Regenerate your Debit and Credit card PINs
How to Activate the Kotak- 811 App?
Step 1: Download the app from Google Play Store or Apple App store
Step 2: Register using your Customer Relationship Number (CRN), debit/credit card PIN or internet banking password
Step 3: Start the one-time activation process by entering the OTP received on your registered mobile number
Step 4: Set a 6-digit MPIN and login to use the application
IDBI Go Mobile+ App
IDBI Go Mobile+ App enhances the consumer’s banking experience with a simple, customizable interface providing a wide range of features and services. Mobile banking allows users to access several banking services anytime and anywhere. IDBI customers can register and login to IDBI Go Mobile+ app and view account statements, remittance, transfer funds, make bill payments, etc. Moreover, one can also make utility bill payments or recharge prepaid mobile using this app.
The bank has equipped the app with sophisticated encryption technology to secure data transfer from your mobile phone to the Bank’s mobile banking server.
Google Play Store Ratings: 4.3 stars with more than 1 million downloads
Key Services offered by IDBI Go Mobile+ App:
- View account balance, details, mini statement and account statement
- Access Demat holdings and transaction details
- Calculate finances to make investment decisions
- Make bill payments, add billers, schedule auto-pay
- Transfer funds to self and third party a/c holders
- Make visa card payments
- Get IDBI credit card, make credit card payments
- Manage credit cards
- Hotlist debit/credit cards
- Set International or Domestic usage on your card
- Recharge your prepaid mobile number
- Make DTH recharge
- Make cheque book request
- Link and Update Aadhaar
- Register for email account statement
- Apply for loans and more
How to Activate IDBI Go Mobile+ App?
Step 1: Download the app from Google Play Store or Apple App store
Step 2: Register using one of the given options:
- Net banking credentials
- ATM channel
- Send MBREG<space><Customer ID> to 9560853000
- Submit Channel Registration Form at the nearest IDBI Bank Branch
Step 3: After registration, start one-time activation process and set your personalized MPIN by authenticating your debit card or internet banking credentials
Step 4: Login and start using the mobile app
CANDI- Mobile Banking App
Canara Bank’s CANDI- Mobile Banking App is launched by the bank under the bigger objective of implementing ‘One Bank, One App’. It is a multi-channel application which supports most of the banking services including fund transfer, opening a fixed deposit or recurring deposit, EMI payments, loan payments, and a lot more.
Google Play Store Ratings: 4 stars with more than 1 million downloads
Key Services offered by CANDI App:
- Touch and pay with RTGS/NEFT
- Start FD or RD
- Invest in mutual funds
- Schedule automatic recurring payments
- View balance and download bank statements
- Transfer funds using NEFT/RTGS/IMPS
- Scan & Pay QR codes using Bharat QR
- Request for Cheque book
- View and track the history of transactions
How to Activate the CANDI App?
Step 1: Download the app from Google Play Store or Apple App store
Step 2: Register using one of the given options:
- Net banking credentials
- ATM channel
- Submit Channel Registration Form at the nearest IDBI Bank Branch
Step 3: After registration, start one-time activation process and set your personalized MPIN by authenticating your debit card or internet banking credentials
Step 4: Login and start using the mobile app
PNB ONE Mobile Banking App
PNB ONE is a unified mobile banking app stacked with several banking products and services. It enables the PNB account holders to perform major banking transactions anytime and anywhere without having to visit the branch. The bank has used biometric authentication along with MPIN to secure the application.
Google Play Store Ranking: 3.4 stars with more than 1 million downloads
Key services offered by PNB ONE Mobile Banking App:
- View all accounts easily
- View details of bank account, account statement, etc.
- Transfer funds to self, within PNB accounts or to other bank accounts via NEFT/IMPS/RTGS
- Open a term deposit or recurring deposit
- Start investments in mutual funds or insurance
- View recent transactions
- Apple for new cards, hotlist debit cards
- Schedule auto-pay, link/delink credit cards
- Regulated UPI payments
- Scan and pay facility
- Request for cheque books
- PAN/Aadhaar registration
- Link PPF account and the transfer amount
- View & Download E- Interest Certificate for loan & Deposit account
How to Activate the PNB ONE App?
Step 1: Download the app from Google Playstore or Apple App store
Step 2: Enter the account number and choose an option for registration, either Mobile Banking or Both (Internet & Mobile Banking) according to your choice
Step 3: Enter the OTP received on your registered mobile number
Step 4: Enter your linked card number and PIN
Step 5: Set login and transaction password
Step 6: After this, you will receive a success message along with the User ID for login
Step 7: Click on ‘Sign In’ and you can start using the app
How to Select the Best Mobile Banking Application?
Given below are some parameters which should be considered while selecting the best mobile banking application-
- Security and authentication devised: Security of your banking app has to be the priority. Before selecting an app, see if the app has two-factor authentication enabled. An app with biometric authentication would be perfect. This is important because you don’t want to indulge in any kind of security threat to your hard-earned money.
- User Interface: Most of the people are familiar with internet and mobile banking. However, some new users are not so used to the mechanism of digital banking. Thereby, a mobile banking application should have an easy to use interface so that anyone and everyone can use it easily.
- Availability of non-financial services: All mobile banking apps cater to the financial banking requirements of the users. An ideal application should not overlook the non-financial requirements such as balance enquiry, cheque book request, mini statement, etc.
- Multiple payment options: It is always better to have options. While selecting the best mobile banking app, make sure that the app provides multiple payment options such as IMPS, NEFT, BHIM UPI, Scan and Pay, etc. This will make it even more convenient for the customers to use the app for all kinds of transactions.
- Tracking of finances: There has to be a proper tracking system for finances so that the user can configure his/her future finances and investments.
- Timely Alerts: Proper notifications and alerts should be provided by a mobile banking app to remind and notify the user about his/her important banking details. The facility of turning on and off of the notifications should also be there.
In a Nutshell,
You have just read about the top 10 mobile banking applications in India. All of these apps fulfil the requirements of an ideal banking application. Apart from these applications, there are many other platform devices by different banks which can be used to access banking products conveniently without having to visit the bank. So, keep in mind all the parameters of selecting the right mobile banking app for you and download the same for your Android or iOS mobile devices.
*All mobile banking app images are downloaded from Google Play Store.
