5 Reasons to opt for digital account opening

Modern-day banking is very different from the banking of the pre-digital era. In the past to carry out the most basic business with the bank, you had to physically pay a visit to the nearest branch of your bank. This took some time. Conversely, thanks to the internet and banking apps nowadays, you can carry out your banking transactions from the comfort of your homes, a necessary feature during these trying times.

Even though banking apps have been around before 2020, their usage experienced a huge boost during the lockdown. Very convenient to use and even a safe option during the ongoing pandemic, there are a lot of reasons that one should sign up for a digital account opening. Here are some of them:

 


1.      You can use them for all kinds of payments:

You may think banking apps could be used only for banking purposes, the fact of the matter is these apps can be used for non-banking purposes. Moreover, you can use digital account opening apps to pay for all kinds of products. There are no restrictions on what amount you can use the app for. For example, you are in the general store and want to buy an eatable that costs ₹60. So, while paying, you can take out your smartphone which is connected to the internet and pay the retailer.

2.      They can be used for paying bills:

Digital Account Opening   apps are also very helpful in paying utility bills. Whatever maybe the bill, you can use the app to pay for them. Everything from property taxes to electricity and water bills, all of these can be paid by using them. Consider this scenario; you are on a trip to Delhi and realise that you have approached the due date of your property tax. So, to pay quickly, you can take out your phone and pay the tax in a matter of seconds.

3.      You will get interesting rewards:

Another popular benefit of Digital Savings Account is the feature of rewards. Through this feature, you will be able to enjoy a wide range of rewards after regular usage. So, when you log into the banking app to pay for your orders, you may get a certain sum of cashback or even enjoy attractive discounts on a clothing store.


Original Content :- 5 Reasons to opt for digital account opening


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