Bank account

Banking sometimes gets complicated. But as you know that because of the internet, today, people can now do a lot of things just by sitting, online, that were once not possible.

As we are going towards the technological era, we have access to a variety of services at home. And as of today's world, all things are going digital.

Did you know that you can actually open a savings bank account with the help of mobile apps or sites, and here, you can find some of the Indian banks that will provide you an instant bank account?

Today, we gonna learn about a few of the top and best Android/iOS applications to open a bank account and managing funds online.

These apps are 100% legit and safe to keep money, similar to other real paperwork bank account. The good thing is that there is no need to deposit money, it could be a 0 balance bank account.

The best way to ensure choosing a good app is to first read 'terms and conditions' and trusted 'reviews'.

Since 2017, E-wallet and online banking-based services are increasing dramatically in India, and why not, it provides customers hassle-free access to manage funds online. The main reason that gave rise to E-wallet services in India is due to notebandhi.

If you don't like paperwork or going to the bank office then these apps will surely help you to create a bank account. Although, you may need to verify a few documents and fingerprints in order to get full access to all banking services.

Many bank companies are now providing "ASAP Bank Account". It means anybody can open a bank account in just a few minutes using his/her smartphone.

There is no need to do hours of paperwork. Below apps provides zero balance savings bank account. Furthermore, if required, you will need to verify the bank account with some documents offline.

These mobile apps will help you get an ASAP account as well as a fully functional bank account. It is a good option if you want to go to the bank's office or branch. And you can also deposit money by using the app.

Best Mobile Apps to Create ASAP Bank Accounts Online in India

1. DigIbank by DBS

Digibank mobile app

DiGIbank DBS is an all-in-one banking app. You can create a zero balance bank account within seconds after installing the app.

The app is released in 2015 and by DBS India and it is an international bank.

You can get both things, e-wallet, and bank account, digibank E-wallet will be created and to convert it into a saving account you will only need aadhaar/other documents for verification. Occasionally, you may directly verify aadhaar by OTP to create a digiSaving account.

Digibank provides the best support and features to all its customers. And a bank account for an individual with 0 balance.

This mobile banking app is currently in the top interest rate provider. Do you that, customers are getting up to 6 to 7% interest in a regular savings bank account.

Also, get a free virtual visa debit card and plastic cards on-demand.

You can load balance to your digibank bank account by various using various types of payment methods. And you can also spend your money on online shopping, mobile recharge, flight and bus booking, money transfer, etc.

In comparison to other Indian mobile banking apps, one can get many important features and services with digibank.

In order to get the full savings bank account, fingerprint verification is a must.

Services - IMPS, UPI Payment, offers and deals on several brands and shopping stores, visa debit/ATM card, higher interest rate, mobile banking, instant money transfer, mutual funds, instant loan, and health insurance, etc.

2. Paytm Payments Bank

Who doesn't know about Paytm, today about 80% of Indians are using Paytm.

After increasing the popularity of Paytm, finally, the company decided to bring something new that is Paytm Payments Bank.

And the Paytm Payments Bank is live and any Indian citizen can get a bank account without paperwork.

A customer can also use Paytm bank money for mobile recharge, shopping, bill payments, movie and flight booking, electricity bill payments, DTH recharge, etc.

If you are using Paytm E-wallet then the Paytm savings bank account is much similar to it, and you may require a mobile number and aadhaar verification in order to get a bank account.

To access bank services via the Paytm mobile app, you will need to create a passcode. And you can easily check your bank account details, virtual debit card, and can manage funds.

After getting a Paytm bank account, you can transfer money from the Paytm wallet to the bank instantly.

Important services and features - Money transfer, fixed deposit, passbook, automatic payments, virtual debit card, real debit card, etc.

Paytm bank - Debit card

Here is how your Paytm bank account passbook will look like...

paytm payments bank statement

3. Kotak 811 and Mobile Banking

Kotak bank mobile app

The official Kotak Mahindra's mobile banking app. It is quite popular in India and has gained more than 10 million downloads on the google play store.

You can get a Kotak savings bank or 811 digital accounts and it is very easy to open just like Paytm bank.

Mobile number, Pan card, aadhaar card are required.

Anyone can create a zero-balance bank account without visiting the bank branch, but it is only for a limited time and to upgrade your account with full banking features, you can verify your fingerprints at home or the nearby Kotak bank branch.

You even don't need any type of paperwork to open the Kotak bank savings account. It can be done in 5 minutes using the app or website.

A user can send and receive money through NEFT, IMPS, and RTGS, or shop online, the mobile app also provides all basic banking services. The best thing is that you won't be charged for transferring & withdrawing money from the 811 account.

A customer is also eligible for up to 6% interest, an easy UPI interface, and a virtual debit card.

About the App You can open a zero balance digital bank account, Kotak 811, without any paperwork or even without stepping out of your home. 

Experience over 100 features including managing all your financial transactions, sending and receiving money through NEFT, IMPS, and RTGS, shopping online via Flipkart, booking movie tickets via PVR, flights, and hotel rooms via Goibibo, and much more.

This mobile banking app is also BHIM UPI enabled, you can instantly transfer money online without adding any additional bank information.

5. Axis Mobile App

Similar to the above one, axis bank also introduced its mobile app that lets you create your own saving ASAP bank account within a few minutes.

This app is free to use and its interface is as easy as other listed mobile apps. Furthermore, you will also need a few documents or an aadhaar/Pan card to convert it to a fully functional bank account.

The axis bank account can be opened using the android/iOS mobile app without any deposit.

About the App -

Axis Mobile is a user-friendly, safe, and secure mobile banking application from Axis Bank, with 100+ cutting-edge features and services satisfying more than just banking needs.