Now you can make smart investments online.
Now you can make smart investments online.
Now you can make smart investments online.: Mobile phones with banking apps are not just tools for transferring funds and making payments. Instead, they help you manage money and make smart financial decisions. People’s dependence on mobile banking is increasing. Most of the competing banks help their customers manage money through financial transactions and investments on smartphones with their unique mobile apps.
IDFC First Bank offers exclusive mobile banking services to its customers, helping them stay on top of their finances. In addition to paying bills, you can set personal alerts to remind you to pay something to get notified when you go over your spending and when you don’t have enough balance. The mobile app also helps you make the smartest investments in equities, sovereign gold bonds, and unit-linked insurance plans.
With tech-savvy Generation Zs and Millennials relying heavily on eBanking apps, banks use this opportunity to provide greater convenience through smart features. IDFC First Bank Mobile App helps you manage your money and maximize returns through various investment options.
Mutual fund
IDFC First Bank’s latest mobile technology helps you invest your money in mutual funds managed by professional fund managers. Through mutual funds, you have investments in money market instruments, equities, bonds or other securities.
The banking app gives you access to the latest market information, real-time market data, and financial results. Opting for a Systematic Investment Plan (SIP) will help you invest a small amount every month in the stock market. Here you have the flexibility to choose the amount and tenure.
IDFC First Bank Mobile App helps you invest without any worries. As the best way to invest money, you can choose debt funds, equity funds, hybrid funds, and gold funds and invest in any of these for better returns.
Sovereign Gold Bond Scheme
You can get better returns and also save tax by investing in sovereign gold bond schemes. Any individual and organization such as trusts, charitable organizations, and universities are eligible to invest in this scheme. It is an alternative to holding physical gold. You get constant market value for gold and interest and there is no storage risk. Bonds are redeemed for cash at maturity.
IDFC’s first Zerodha 3-in-1
IDFC First Bank, along with Zerodha, offers a 3-in-1 account that includes trading, savings, and Demat accounts to help you trade in equities, commodities, and currencies. Through the IDFC First Bank mobile app, you can link a Zerodha account and view real-time Demat holdings and funds, transfer funds, and download reports. There is no brokerage when you buy or sell shares through this account.
Unit-Linked Insurance Plans (ULIPs)
With a unit-linked insurance plan or ULIP, you can get both investment and life insurance. It is a safety net that allows you to grow your savings without any worries. IDFC First Bank offers you ULIP plans to suit your purpose. They offer you market-linked returns, maturity benefits, flexibility to switch between equity and debt, and tax benefits.
So with changing customer needs, eBanking applications must keep pace with the times. IDFC First Bank has taken this into account with advanced features to help you make smart investments.
