Mobile banking is that medium through which we can access bank services while sitting at our home or office without having to visit bank. Services such as checking account history (passbook), receiving and sending money, paying bills, opening investments etc. can be done on mobile phones within few minutes
Saves time and effort – Availing banking services are done through internet and are faceless and paperless as they are done by you without seeing any official or without having to visit the bank branch to submit documentsÂ
Easy access to banking services – Accessing banking services such as opening a recurring deposit account, FD or initiating investments such as mutual funds or SIPs is easy and quick