Best banking apps for opening a new bank account in 2023

Today, it is quite normal for individuals to rely on digital technology for getting their daily tasks done. Even banking work that was previously considered tedious can now be completed from the comfort of one’s home since banks offer net banking and mobile banking services. This does not just involve engaging in financial transactions but also opening a new bank account! If you are looking for a banking app to open a new account, here is a list of the best ones in 2023:

  1. IDFC FIRST Bank App

IDFC FIRST Bank’s app has gradually built its reputation as one of the most reliable institutions for personal banking. It is very easy to register for a new bank account through net banking. The auto-pay feature is one of the most notable features of this banking app. By using this app, you could also transfer money from your account to another within a minute, pay bills on time and invest in mutual funds. Other than the features mentioned above, through this banking app , you can also track your expenses and manage upcoming payments.


YONO (You Only Need One) SBI is a digital banking platform through which you can access a wide range of banking services. With the use of this app, you can purchase tickets, pay bills, shop, and invest according to your convenience. Also, through this banking app, you can apply for new SBI cards, download account statements, check transaction history, and access banking services internationally.

  1. Go Mobile+ App

Go Mobile+ App is a banking app that is known for coming with a customised interface that offers a wide range of banking facilities. The net banking registration process of IDBI Bank’s mobile banking service can be completed anywhere and at any time. This banking app also enables you to do things like transfer funds, check account statements, pay bills at any time, and many more.

  1. Axis Mobile

Axis Mobile promises stability, because of which it is extremely famous. It is a banking app that allows you to do more than just basic fund transfers. Through this app, you can also sign up for virtual debit cards which can also be used internationally. The app also offers a separate credit card section, mPIN login, Touch ID, and a wide range of payment options such as NEFT, IMPS, UPI, and QR codes.

  1. Kotak 811

With Kotak’s 811 banking app, you can register for LIC premium payments. It also offers different money transfer options such as QR codes, NEFT, IMPS, and BHIM-UPI. This app can be used at E-commerce sites, book movie tickets, and BHIM-UPI.

The banking apps above are known for offering convenient access to banking services without requiring you to physically visit the bank. These apps are known for being popular with working professionals seeking convenient modes of payment. Before signing up for a banking app, please carefully read up on the best apps available.