How can a net bank app help manage your business account?
Most banks today offer a range of services through mobile banking apps to users. They serve both individuals and businesses with personal banking solutions and business banking solutions respectively. When it comes to business banking services, banks, like IDFC FIRST Bank, offer different kinds of business accounts for entrepreneurs of any level through its mobile banking app.
Some of the business accounts business people can make use of are – the world business account, freedom current account, startup current account, dynamic TASC account for not-for-profit organization, and merchant multiplier account.
Get to know some business solutions offered by IDFC FIRST Bank mobile banking app
IDFC FIRST Bank’s current banking app offers an array of current accounts for all kinds of businesses to manage international, domestic trade, and startup trade and to meet all other business banking requirements such as:
- POS Terminal
- UPI QR Code
- NACH – Debit
- Escrow/Nodal Solutions
- Payment Gateway
- Bulk Payments – Net banking
In addition, you can also get detailed information on all banking transactions through a bank online statement. The user-friendly tool on the app helps you with the bank statement download through easy steps. All you need to do is to go to the ‘Accounts’ tab and choose the type of statement and for the period you want.
The other features help you check the balances of all business accounts, get business loans, link your business accounts, and get immediate alerts on transactions.
Get business loans through the net banking app
The IDFC FIRST Bank net bank app is a one-stop solution for your business’ financial need. It can help you avail a loan for business through a digital process. Most lenders ask for collateral if you apply for a loan. With IDFC FIRST Bank, you can get preapproved loans online without any security.
The existing customers of the bank can now avail a business loan online too. The IDFC FIRST Bank Loans app enables micro, small and medium enterprises (MSME) to apply for loans to meet their urgent requirements. They can utilize the loan for short-term working capital, buy raw materials or upgrade their business facility.
Businesspeople with a minimum one crore turnover and business vintage of three years can get a collateral-free loan up to one crore for 48 months. The applicant needs to provide documents such as identity and address proof, business proof, and documents related to GST, income, etc
Some benefits of getting a business loan on a mobile banking app
Unlike that in the past, you don’t have to visit a bank, look for the business loan availability, check your eligibility and apply for it. With the IDFC FIRST Bank mobile banking app, you can enjoy:
Quick application process
When you use the app to apply for a business loan online, you can do it easily. The app also facilitates you to upload all the documents online without any need to visit the bank’s branch. Unlike the traditional bank loan application process, you can use a loan app to get a quick business loan through the fast application process.
Flexible loan amount and tenure
On the IDFC FIRST Bank mobile banking app, you can get a business loan of up to one crore for 48 months based on your requirement and eligibility.
The business loans offered by IDFC FIRST Bank are at competitive interest rates.
You can access the app anytime, even during non-banking hours for business banking.
With the IDFC FIRST Bank mobile banking app, you can have a revolutionary digital business banking experience.