Banking today is more accessible than it was in the past. There’s no longer the need to stand in long queues to avail banking services. Everything can be done through your smartphone, using mobile banking apps. Mobile banking has made banking convenient, helping avail any banking service from the comfort of your home.
You can transfer money, view your account statement, shop for the latest gadgets, pay bills, and avail personal loans through a mobile banking app. However, you need a mobile banking account to avail of these services. This article will help you understand the meaning of a mobile bank account and the steps you need to follow to open one yourself.
What is a mobile bank account?
Mobile banking allows you to avail the full suite of banking services through your smartphone. To avail mobile banking services, you must have a mobile banking app. Every bank offers a unique mobile banking app to help its customers use online banking services. You must download your bank’s mobile app from the Play Store or App Store.
Once you have confirmed your identity, you can begin using the app. Most mobile banking apps allow you to transfer funds, check your passbook/account balance, make payments, buy tickets, and more.
How to open a mobile bank account?
Follow these steps to open an online account:
- Download the app
You can download your bank’s mobile app from the Play Store or App Store. Android users can download it from the Play Store, while iOS users can download their bank’s mobile app from the App Store.
- Set up
Once you have downloaded the app, you will need to set up your personal information. You must enter your name, address, phone number, and email ID. Once you have entered your details, the app will redirect you to the page where you will need to fill in your bank details.
- Documents
After setting up your account, you must upload scanned copies of the required documents. Most mobile banking apps ask for a copy of your PAN card and Aadhaar card.
- Verification
The bank will take time to verify your documents. It can take from a few hours to a few days. If your details are accurate, you will receive a new username and password. You can use it to access your mobile banking account.
Alternatively, you can open a mobile bank account through your web browser. To open your bank account online, you need to:
- Open your browser
- Visit your bank’s official website
- Look for the tab that allows you to open a bank account.
- Fill in the required details
- Upload your documents
- Register your account
- Your mobile account will be ready to use if your details are approved.
These are the two ways you can open a mobile bank account. Having a mobile bank account makes banking simple and convenient. You can access your bank from any place, any time, from your mobile phone.
