The advent of online banking has increased the number of people transacting online. Online banking is convenient because it allows people to bank anywhere. Online mobile banking can help you check your account balance, transfer funds, and pay your bills from your smartphone or tablet. Moreover, online banking is safe, as banks have rigorous security measures to protect their customers’ information.
Today, most banks allow users to register for online banking directly through their apps. The best part? It’s free to register and only takes a few minutes. All you need is your account number and a few personal details. So, if you are not already registered for online banking, here is the detailed process to help you.
How to register for online banking through an app?
There are various top banking apps through which users can register for online banking and handle their finances. You will need your account number, credit or credit card number, mobile phone, and email access. Once you have all that information, download your bank’s app, and follow the below steps.
Also, the register online banking process may vary from bank to bank, but the standard steps remain the same. Let’s understand the process in detail by taking the example of – the IDFC FIRST Bank’s Mobile banking app:
- Step 1
Download the mobile app for your bank from the App Store or Google Play Store. Enter your registered mobile number when opening your account, as you will receive an OTP on the same mobile number later.
- Step 2
Enter your customer ID. You can find the customer ID in the welcome letter, chequebook, or registered email ID.
- Step 3
Authenticate one of your accounts by providing your savings/current/loan account number or use your credit or debit card number.
- Step 4
Verify your registered mobile number by entering the OTP.
- Step 5
For quick access, set up a 4-digit MPIN (mobile banking personal identification number), and do not share it with anyone.
- Step 6
Login using MPIN and set up biometrics such as Fingerprint or Face Recognition.
Register for online banking through the bank’s website
You can also register for online banking through the bank’s website. Many leading banks, such as IDFC FIRST Bank, have a simple registration process where you must:
- Open the bank’s official website and go to the personal banking section.
- Now click on ‘New user?’
- Click on ‘Create Username.’
- Enter your customer ID and mobile number. Hit the option ‘Submit’.
- Enter debit card number or account number.
- Enter the OTP you received after entering your registered mobile number.
- Follow the on-screen prompts and update the details accordingly.
With online banking, you can carry the entire bank on mobile and check account balances, transfer funds, and even pay bills without ever having to step into a physical bank branch. And after reading this article, you should now be able to register for online banking without any trouble. Remember to have your account numbers, email ID, and registered mobile number handy when completing the online registration process.