Top 10 Mobile Banking Applications in India
Over the past few decades, technology has advanced significantly. From computers to laptops and iPads, software to applications, and mobile phones to Android devices, the digital age is pervasive. These days, many people use mobile banking apps. When conducting online transactions, a mobile banking app provides convenience, speed, and flexibility.
Nowadays, a large number of Indians are uncomfortable using traditional banking. They have therefore embraced mobile banking. Because of this, practically all private sector and PSU banks offer mobile banking apps for online transactions. This lessens the need for a laptop or desktop computer, and most importantly, it eliminates the need for you to physically visit the bank in order to complete any banking task.
1. Kotak-811 & Mobile Banking App
Kotak-811 - A app from Kotak Mahindra Bank offers a zero-balance savings account with an internationally enabled virtual debit card. It features a slick digital banking app UI. It is the first app in India to offer WhatsApp banking. You may now bank on a familiar platform using this app.
Features
* View account details and transaction details, and download e-statements.
* Send and receive money for instant transfers using IMPS, NEFT, and UPI.
* Manage your zero-balance savings account with an internationally enabled virtual debit card for online payments.
* Connect your bank account with WhatsApp and initiate banking transactions through a chat interface.
Pros
User-friendly interface with innovative features, ero-balance savings account with virtual debit card,WhatsApp banking for convenient banking on a familiar platform
Cons
Limited investment options compared to dedicated investment apps, Occasional app crashes reported by some users, Might be overwhelming for users who only need basic functionalities
2. HDFC Bank Mobile Banking App
The HDFC Bank app from one of India’s largest banks, allows you to manage your finances conveniently. You can check account summaries, make payments, transfer funds, and pay utility bills all within the HDFC net banking app.
Features
* Send and receive money using IMPS, NEFT, and UPI through the HDFC bank mobile banking app.
* Schedule and pay various bills, including utilities and credit cards.
* Personalize your app dashboard to display the features you use most frequently.
* Access a streamlined version of the HDFC app download for users with slower internet connections.
Pros
User-friendly interface with customizable features, Reliable and secure platform from a major bank, Lite version available for users with slower internet
Cons
Limited investment options compared to dedicated investment apps, Some users report occasional app crashes, May not offer the most advanced features compared to some other apps
3. YONO SBI
YONO SBI- App of State Bank of India, Previously known as SBI Anywhere Personal, YONO SBI offers a user-friendly and secure platform for SBI account holders. It supports multiple languages and allows click-based and voice-assisted transactions for a convenient banking experience.
Features
* Use YONO app to send and receive money using IMPS, NEFT, and UPI.
* Schedule and pay various bills, including utilities and credit cards.
* Access the SBI mobile banking app in multiple regional languages for broader accessibility.
* Perform banking transactions using voice commands for added convenience.
Pros
Voice-assisted transactions, All-in-one Platform (investments, shopping, travel booking), Cardless Cash Withdrawal
Cons
Might be overwhelming for users who only need basic functionalities., Customer service responsiveness might vary.,Limited investment options compared to dedicated investment apps.
4. Axis Mobile App
Renowned for its stability, Axis Mobile offers a comprehensive suite of banking services.
Features
* Use the Axis Bank app to schedule automatic payments for various bills, including utilities and credit cards.
* Track your mutual fund investments within the Axis mobile app.
* Set spending limits, turn contactless payments on/off, and temporarily block your card if misplaced.
Pros
Stable and reliable performance, Wide range of features for managing finances, Auto-pay functionality for bills, Debit card control options
Cons
Occasional app crashes reported by some users, Limited investment options compared to dedicated investment apps
5. IDBI Bank GO Mobile+ App
Designed for a smooth banking experience, IDBI GO Mobile+ offers a user-friendly interface and various services. You can check account statements, make payments, recharge prepaid mobiles, and pay utility bills.
Features
* Choose seasonal themes or customize your login screen on the IDBI bank app.
* Secure your login with a selfie picture.
* Use IDBI app to view holdings and transactions directly within the app.
Pros
Simple and easy-to-use interface,Supports regional languages,Covers essential banking needs,Mobile recharge functionality
Cons
Limited investment and advanced features,Customer service responsiveness might vary
6. BOB World
Developed by the Bank of Baroda, BOB World is an app known for its user-friendliness.
Features
* Withdraw cash at BOB ATMs using a one-time MPIN generated within the Bank of Baroda app.
* Generate QR codes on BOB mobile banking app for easy bill payments at merchant locations.
* Store and manage digital receipts for your transactions within the app.
Pros
Convenient bill payments & organized receipts, Simplified cash deposits, Security features (2FA, biometrics, data encryption)
Cons
Relies on QR reader compatibility & increases app storage use, Limited branch availability for cash deposit requests, Responsiveness of customer service
7. ICICI Bank iMobile Pay App
A highly rated app by ICICI Bank, iMobile Pay offers a comprehensive suite of banking services.
Features
* Open fixed deposits (FDs), invest in recurring deposits (RDs) and manage existing investments.
* Access and manage your ICICI Bank life insurance policies on the ICICI Bank mobile app.
* Get quick access to personal loans against your credit card on the imobile app.
Pros
The ICICI bank app features a streamlined layout for effortless navigation, Customize your dashboard for quick access to frequently used features, Clear menus and categorized services
Cons
The app may experience occasional technical glitches or crashes, Some users report slower processing times for transactions, The app might require frequent updates to ensure smooth performance
8. Canara Bank ai1 Mobile Banking App
Designed with the goal of “One Bank, One App,” Canara Bank’s ai1 app offers a variety of banking services.
Features
* Use Canara bank app to pay instantly at stores with a tap using your phone (RTGS/NEFT enabled).
* Start fixed or recurring deposits or invest in mutual funds all within the Canara bank mobile app.
* Set up recurring payments for your bills and savings goals.
Pros
Book flights, hotels, buses, and cabs directly through the app, Check your credit score and pay bills seamlessly through Bharat Bill Payment,Access insurance, Demat services, and IPO applications
Cons
Occasional problems might occur with UPI transactions, Features might be limited for users who don’t have a Canara Bank account, The app might experience occasional slowdowns or technical glitches.
9. Bank of India BOI Mobile App
BOI Mobile boasts a secure and comprehensive banking experience for Bank of India account holders.
Features
* View balances and statements and manage all accounts on the Bank of India app.
* Transfer funds quickly with IMPS, NEFT, and RTGS, and utilize the “Favourite” feature on the Boi mobile app.
* Locate ATMs, manage cheques, and access various banking services.
Pros
Efficient navigation for transfers and management, User-friendly interface with easy account access, Streamlined process for adding “Favourites.”
Cons
Interface might be challenging for new users to navigate, Lacks advanced features compared to some competitors, Occasional transaction delays and app crashes reported.
10. Punjab National Bank PNB ONE App
PNB ONE is the official mobile banking app from Punjab National Bank.
Features
* Gain quick access to all your accounts through an interactive interface by downloading the PNB One app.
* Invest in term deposits and mutual funds, all within the PNB One app.
* Track cheque status, request stop payments, and manage cheques conveniently.
Pros
Access value-added services like PAN/Aadhaar registration, Manage existing credit/debit cards, Enjoy the app in English, Hindi, and other languages.
Cons
Features might be limited for non-PNB customers, May be complex for new users to navigate, App crashes and slow processing times reported.
Robbers Loot Valuables Worth Over Rs 10 Crore From Bank in Mangaluru
According to police, a group of armed robbers stole valuables from the Sahakari Sangh Bank in Kotekar, Mangaluru, on Friday, valued between Rs 10 crore and Rs 12 crore.
According to authorities, the crime took place between 11.30 am and 12.30 pm, and the attackers escaped in a blue Fiat vehicle.
Police claim that five or six masked guys, all between the ages of 25 and 35, entered the bank carrying a knife, a sword, and a pistol.
They allegedly intimidated the employees and made them open the vault that held gold jewelry and other valuables while speaking in Hindi. According to investigators, there were four or five personnel in the bank at the time of the event.
Although a thorough evaluation is still pending, preliminary estimates place the value of the stolen goods between Rs 10 crore and Rs 12 crore, according to the police.The police have started an investigation, assembling many teams to use technical surveillance and other leads to find the suspects.
After learning of the crime, Chief Minister Siddaramaiah, who was in the city at the time, met with senior police officers, including Superintendent of Police N Yathish, Commissioner of Police Mangaluru City Anupam Agarwal, and Inspector General of the Western Range Amit Singh. The gathering was also attended by Speaker U T Khader.
Kotak Mahindra Bank Q3 Net profit rises 10% YoY
Kotak Mahindra Bank on January 18 reported a 10 percent rise in its net profit at Rs 4,701.02 crore in the third quarter of FY25, compared to Rs 4,264.78 crore in the year-ago period, the lender said in an exchange filing. However, the net profit declined close to 7 percent sequentially from Rs 5,044.05 crore in the September quarter.
The interest earned by the bank in the reported quarter rose 14.75 percent to Rs 16,633.14 compared to Rs 14,494.96 crore in the same period of the previous financial year, the filing showed. In the second quarter, the interest earned stood at Rs.16,426.97 crore, according to the stock filing.
Read More - Q3FY25 Results of Banks in India
Gross non-performing asset (NPA) ratio was 1.51 percent as on December 31, 2024, as compared to 1.48 percent as on September 30, 2024, and 1.68 percent on December 31, 2023. Net NPA ratio was 0.44 percent as on December 31, 2024, as compared to 0.45 percent as on September 30, 2024, and 0.36 percent on December 31, 2023.
In absolute terms, gross NPA of the bank stood at Rs 7,218.17 crore as on December 31, 2024, as compared to Rs 6,834.74 crore as on September 30, 2024, and Rs 6,981.15 crore as on December 31, 2023. Net NPA of the bank stood at Rs 2,070.42 crore as on December 31, 2024, as compared to Rs 2,066.51 crore as on September 30, 2024, and Rs 1,487.03 crore as on December 31, 2023. As at December 31, 2024, Provision Coverage Ratio stood at 73 percent.
Net Interest Income (NII) for Q3FY25 increased to Rs 7,196 crore, from Rs 6,554 crore in Q3FY24, up 10 percent on-year and for 9MFY25 increased to Rs 21,058 crore, from Rs 19,084 crore in 9MFY24, up 10 percent on-year. Net Interest Margin (NIM) was 4.93 percent for Q3FY25.
Average Total Deposits grew to Rs 4.59 lakh crore for Q3FY25 compared to Rs 3.99 lakh crore for Q3FY24 up 15 percent on-year.
Average Current Deposits grew to Rs 66,589 crore for Q3FY25 compared to Rs 59,337 crore for Q3FY24 up 12 percent on-year. Average Savings Deposits grew to Rs 1.24 lakh crore for Q3FY25 compared to Rs 1.23 lakh crore for Q3FY24 up 1 percent on-year.
Average Term Deposits grew to Rs 2.68 lakh crore for Q3FY25 compared to Rs 2.16 lakh crore for Q3FY24 up 24 percent on-year. CASA ratio as at December 31, 2024 stood at 42.3 percent. Credit to Deposit ratio as at December 31, 2024 stood at 87.4 percent.
RBL Bank Q3 Net profit falls 86%
In the third quarter of the fiscal year 2025, RBL Bank reported a net profit of Rs 32.63 crore, an 86 percent year-over-year decline. Net profit dropped 85% sequentially.
As of December 31, 2024, the gross non-performing asset (NPA) ratio was 2.92 percent, down from 2.88 percent on September 30, 2024, and 3.12 percent on December 31, 2023.As of December 31, 2024, the net non-performing asset (NPA) ratio was 0.53%, down from 0.79 percent on September 30, 2024, and 0.80 percent on December 31, 2023.
Read More - Q3FY25 Results of Banks in India
The bank's gross non-performing assets (NPA) as of December 31, 2024, were Rs 2,701 crore in absolute terms, compared to Rs 2581.08 crore on September 30, 2024, and Rs 2551.05 crore on December 31,2023. Net NPA of the bank stood at Rs 481.64 crore as on December 31, 2024, as compared to Rs 697.51 crore as on September 30, 2024, and Rs 635.64 crore as on December 31, 2023.
Including technical write-offs, the overall provision coverage ratio was 93.46 percent. For Q3FY25, the credit cost for JLG loans, including the GNPAs mentioned above, was 139 basis points. 110% of GNPA is made up of the Bank's total provisions, which include special, general, and contingent provisions.
For Q3FY25, Net Interest Income (NII) increased 3% year over year to Rs 1,585 crore, while NIM was 4.90 percent. According to the press release, the bank's NII increased by 10% year over year to Rs 4,900 crore for 9MFY25, while NIM was 5.19 percent.
Other income increased 38% year-over-year to Rs 1,073 crore in Q3 of FY25 and 29% year-over-year to Rs 2,806 crore in FY25. The October–December quarter's core fee income increased 19% year over year to Rs 871 crore.
At Rs 1.07 lakh crore, total deposits increased 15% year over year. CASA increased by 12% year over year to Rs 35,022 crore. 32.8 percent CASA ratio. Granular deposits, or deposits less Rs 3 crore, increased by 20% year over year and 3% quarter over quarter to reach Rs 53,719 crore, or 50.3% of total deposits.
At Rs 90,412 crore, the Net Advances book increased 13% year over year. The retail advances book reached Rs 55,199 crore, a 19% year-over-year increase. Retail: Release added; wholesale advances mix at 61:39.The bank saw year-over-year growth of 33% in housing loans, 30% in rural vehicle finance, and 21% in commercial banking.
IBPS Released Calendar for Clerk, PO/MT, RRB Office Assistant, and Officers 2025-26
The tentative exam schedule for the Common Recruitment Process (CRP) for Public Sector Banks (PSBs) and Regional Rural Banks (RRBs) for the 2025–2026 recruitment cycle has been released by the Institute of Banking Personnel Selection (IBPS). For a number of positions, including Office Assistants, Officer Scale I, II, and III, Probationary Officers (PO/MT), Specialist Officers (SPL), and Customer Service Associates (CSA), the timetable contains dates for preliminary, main, and single exams.
IBPS RRBs 2025-26 Exam Schedule
| Exam | Date |
|---|---|
| Office Assistant Prelims Exam | 30 August, 6-7 September 2025 |
| Office Officer Scale-I Prelims Exam | 27 July, 23 August 2025 |
| Officer Scale-II, III Single Exam | 13 September 2025 |
| Officer Scale-I Mains Exam | 13 September 2025 |
| Office Assistants Main Exam | 9 November 2025 |
IBPS Clerk (CSA) 2025-26 Exam Schedule
| Exam | Date |
|---|---|
| Prelims Exam | 6-7, 13-14 December 2025 |
| Mains Exam | 1 February 2026 |
IBPS PO/MT 2025-26 Exam Schedule
| Exam | Date |
|---|---|
| Prelims Exam | 4, 5, 11 October 2025 |
| Mains Exam | 29 November 2025 |
IBPS SO 2025-26 Exam Schedule
| Exam | Date |
|---|---|
| Prelims Exam | 22-23 November 2025 |
| Mains Exam | 4 January 2026 |
DFS taken high-level review meeting with MD&CEO of Public Sector Banks
Read More- Latest Updates about 5 Days Banking
Senior executives from SIDBI, Mudra Ltd., the Indian Banks' Association (IBA), and the National Credit Guarantee Trustee Company (NCGTC) participated virtually in the conference, which took place in New Delhi. Shri Nagaraju evaluated the state of several government-led financial inclusion programs at the conference. These comprised:
* Pradhan Mantri Jan Dhan Yojana (PMJDY): A flagship scheme for universal banking access.
* Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): Life insurance for the underprivileged.
* Pradhan Mantri Suraksha Bima Yojana (PMSBY): Accidental insurance coverage.
* Atal Pension Yojana (APY): A pension scheme aimed at unorganized workers.
* Pradhan Mantri Mudra Yojana (PMMY): Financial support for micro and small enterprises.
* Stand Up India Scheme: Focused on empowering SC/ST entrepreneurs and women.
* PM Vishwakarma Scheme: Promoting traditional artisans and craftspeople.
Expanding Banking Infrastructure
The Secretary also reviewed the establishment of new brick-and-mortar bank branches in unbanked villages. He highlighted the importance of expanding banking services, particularly in remote and underserved areas, with a special focus on the North Eastern states. Shri Nagaraju urged banks to address challenges related to connectivity and infrastructure to ensure that banking services reach even the most isolated communities.
Strengthening Financial Inclusion
Shri Nagaraju commended the significant progress made under the government’s flagship schemes in expanding social security and promoting financial inclusion. However, he called on banks to intensify their efforts to bring more people under the umbrella of financial services.
The Secretary emphasized the importance of achieving targets under the MUDRA scheme and increasing loan disbursements to Scheduled Castes (SCs) and Scheduled Tribes (STs) under the Stand-Up India Scheme.
Shri Nagaraju reiterated the government’s commitment to deepening financial inclusion and urged both public and private sector banks to work collectively towards achieving these goals. He stressed that these efforts are vital for strengthening India’s financial ecosystem and ensuring inclusive economic growth.
UCO Bank Local Bank Officer(LBO) Recruitment for 250 posts
Applications are being accepted for the positions of Local Bank Officer at UCO Bank. Candidates who meet the requirements can apply online at ucobank.com, the official UCO Bank website. 250 positions inside the company will be filled via this hiring campaign.
January 16 marks the start of the registration period, which ends on February 5, 2025. Details on eligibility, the selection procedure, and other information are provided below.
Eligibility Criteria
A Degree (graduation) in any discipline from a University recognised by the Govt. of India or any equivalent qualification recognized as such by the Central Government. The candidate must possess valid Mark-sheet / Degree Certificate and indicate the percentage of marks obtained in Graduation while registering for the position. The age limit of the candidate should be between 20 years to 30 years.
Selection Process
The selection process comprises of written test. The question paper will comprise of questions from Reasoning & Computer Aptitude, General/ Economy/ Banking Awareness, English Language and Data Analysis & Interpretation. For each question for which a wrong answer has been given by the candidate one fourth or 0.25 of the marks assigned to that question will be deducted as penalty to arrive at corrected score. If a question is left blank, i.e. no answer is marked by the candidate; there will be no penalty for that question.
Vacancy Details
- Gujarat: 57 posts
- Maharashtra: 70 posts
- Assam: 30 posts
- Karnataka: 35 posts
- Tripura: 13 posts
- Sikkim: 6 posts
- Nagaland: 5 posts
- Meghalaya: 4 posts
- Kerala: 15 posts
- Telangana & Andhra Pradesh: 10 posts
- J&K: 5 posts
Application Fee
The application fee or intimation charges is ₹175/- for SC/ST/PwBD candidates and ₹850/- for all others. Bank Transaction charges for Online Payment of application fees/ intimation charges will have to be borne by the candidate. Fee/ Intimation charges once paid will not be refunded on any account nor can it be held in reserve for any other exam or selection.
