Bank­ing apps

Gadgets and Gizmos (India) - - MOBILES TRENDS -

SMS is a sim­ple way of ac­cess­ing your bank ac­count but it in­curs tex­ting charges. In case you have a smart­phone and a reg­u­lar data con­nec­tiv­ity or even Wi-fi ac­cess, you can opt for a mo­bile bank­ing ap­pli­ca­tion that will give you ac­cess to a host of ser­vices, thus elim­i­nat­ing the need to visit your bank phys­i­cally. The reg­u­lar set of ser­vices of­fered by most of the banks in­clude fund trans­fer within and out­side the bank, in­ter­bank mo­bile pay­ment ser­vice, en­quiry ser­vice, cheque book re­quest, de­mat en­quiry ser­vice, bill pay­ments (in­clud­ing util­ity bills, credit card, in­sur­ance pre­mium), mo­bile top up and other on­line trans­ac­tions. Some of the pri­vate banks even of­fer spe­cial ser­vices such as stop cheque re­quests, open­ing of fixed or re­cur­ring de­posits, etc. While most public- sec­tor banks like State Bank of In­dia, Bank of Bar­oda, Ori­en­tal Bank of Com­merce, etc, have apps com­pat­i­ble with Java- en­abled phones, a few pri­vate banks also have ap­pli­ca­tions for smart­phones, that is for the iphone and An­droid de­vices.

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