HDFC Bank has recently launched its Mobile Banking App for android based smartphones. Promising ‘banking on the move’, the app can be used by customers with Android devices to make up to 30 banking transactions.
To download the app, android users can simply click on the Play Store icon and search for HDFC Bank. Alternatively, the app can be found on Google Play. To use the app, customers must be registered Net Banking users with a valid id and password.
HDFC Mobile Banking App Intro & Help Video
The app’s home screen is split into 6 tabs. The Account tab can be used to do everyday transactions including viewing account summaries, statements, making internal funds transfers, viewing FD balances and more.
Utility bills and payments for other services can be made via Bill Payment tab. Once service providers and their utilities are registered, paying an outstanding bill is as simple as selecting the service, entering an amount and tapping on Confirm to make a payment.
The Third Party Transfer tab opens up into a list of options related to making payments to third parties and registered beneficiaries. Customers can also use the app to generate summaries for their credit cards and make payments for the same through the Credit Card tab.
Initial response to HDFC Mobile Banking app has been great and it has already notched up close to 500k downloads since its launch earlier this month.
HDFC is not the first bank to launch its app for android devices. Other banks including ICICI Bank, SBI, Citibank, Standard Chartered and BOB have already given android users the facility to access banking from their devices.
HDFC’s Mobile Banking App almost mirrors the bank’s NetBanking portal in terms of utility and ease of access. The interface is clean and leaves little room for ambiguity. From stopping a cheque payment to initiating an online funds transfer, the app allows customers to make almost all the essential everyday banking transactions that could possibly be needed ‘on the go’.
The app ticks almost all the boxes when it comes to delivering convenience and utility from a purely banking perspective. However it doesn’t appear have an option to make prepaid mobile recharges directly.
In comparison, ICICI Bank’s android based app iMobile has a menu called the mShop which allows users to buy a prepaid mobile recharge. Additionally, customers can also buy movie tickets, train and bus tickets, shop for a variety of products and purchase DTH account recharges via mShop on iMobile app.
Other android banking apps including Bank of Baroda’s M-Connect, Union Bank’s U-Mobile and SBI’s State Bank Freedom also offer prepaid mobile recharges.
This is awesome!
Even insurers should come up with such kind of apps where you can make premium payments via. an app.