April 26, 2023

IDBI Bank Mobile Banking & How to Activate: Login, Registration, & App

With an intent to provide convenient and hassle-free banking services, IDBI Bank has launched its mobile banking app GO Mobile+. With IDBI mobile banking you can opt for a hassle-free and seamless fund transfer, account enquiry, bill payments, and much more. Moreover, this app is safe and developed with easy features. Check out the following sections till the end to know the features, benefits, and services of this app in detail!

What are the Features of IDBI Mobile Banking?

IDBI mobile banking app, GO Mobile+ App, is available on Apple App Store and Google Play. If you are an IDBI bank account holder, you can download this app to continue hassle-free mobile banking. Take a look below to know the essential features of IDBI mobile banking App:

Multiple Banking Services

Like any other mobile banking app, GO Mobile+ offers you multiple banking facilities as follows:
  • You can use it to check your account balance, mini-statement, account statement, and details.
  • Use it for transferring funds through IMPS, MMID, and NEFT.
  • Recharge your prepaid mobiles, DTH, and OTT subscriptions and pay your bills using GO Mobile+.
  • You can check your Demat holdings as well as transaction details.
  • Use it for raising Aadhaar linking requests.
  • You can also use it for controlling Debit Card features such as hotlisting, setting the card on or off, etc.
  • Register for receiving account statements via mail.
  • You can request a Cheque Book through mobile banking.

Advanced UI

IDBI mobile banking app features an updated user interface which helps in an optimised and personalised service. It is designed with multiple features and icons for better accessibility. Moreover, you can personalise the home screen with your picture and change the display theme as per preference.

Operate Multiple Accounts

You can manage multiple accounts with a single login through this mobile banking app. Multiple accounts do not refer to different bank accounts. It means all your IDBI Bank relationships like a bank account, Demat account, credit cards, etc., can be managed through this single app.

Additional Features

This application brings you some more options other than the general features. You can find Products, Calculators, Interest Rates, Apply Now, Contact Us, etc., options on the pre-login screen.

How to Register for IDBI Mobile Banking?

You can register for IDBI mobile banking in the following two ways:

SMS

  • You can register your mobile number by sending a simple SMS.
  • Type MBREG and send it to 9560853000.
  • Your mobile number will be soon registered for mobile banking, and you can activate it shortly.

Channel Registration Form

  • Visit IDBI Bank’s official website and download the Channel Registration Form
  • Fill up the necessary details as per requirement.
  • Submit the registration form to the nearest IDBI Bank branch.
  • Once the registration procedure is carried out successfully, you will receive an activation message on the registered mobile number.
  • Visit www.idbi.com and create your password by clicking on ‘Set Password Online’.
  • Finally, visit m.idbibank.com for IDBI mobile banking login.

How to Activate IDBI Mobile Banking?

Here are the steps to follow for activating IDBI mobile banking on your smartphone:
  • Download the GO Mobile+ app and install it on your smartphone.
  • Click on ‘Activate App’
  • Enter your Customer ID for verification.
  • An SMS will be sent from the app to verify your registered mobile number.
  • Set your MPIN after the verification process is done.
  • Enter your Customer ID and MPIN on the login page.
  • Authenticate your bank account by feeding our Net Banking or Debit Card credentials.
  • After IDBI mobile banking activation and details validation, you can log in to the app and receive the SMS confirmation.

What are the Benefits of IDBI Mobile Banking?

Mobile banking has been quite popular in today's busy world. People these days hardly get time to visit the bank. Thus, mobile banking serves a lot to facilitate banking operations as per your convenience. Here are some of the benefits of IDBI mobile banking:
  • It is time-saving and easy to use.
  • You can conduct all banking operations like checking account balances, deposit enquiries, chequebook requests, etc.
  • You can select your preferred language from multiple options.
  • Helps you transfer funds easily in a few clicks.
  • You can get the nearest branch’s location easily from this app.
  • Services provided by this app are not chargeable.

What are the Do’s and Dont’s of IDBI Mobile Banking?

Here are some of the points you must carefully consider while using the IDBI mobile banking app:
  • Your password must be strong enough to stay protected against safety breaches. Make sure you use special characters and alphanumeric words to enhance its strength.
  • Keep your mobile secured with a unique password and don't share it with anyone.
  • Always log out from the mobile banking app after completing your transaction.
  • Keep on changing the password frequently to ensure added safety.
  • In case of phone loss or theft, report it immediately to the nearest police station.
Here are some of the practices you must avoid while using the IDBI mobile banking app:
  • Avoid sharing your ID password with anyone and do not write it anywhere.
  • Do not add an unknown account to the beneficiary.
  • Avoid using public Wi-Fi or other shared networks for bank transactions.
  • Do not entertain hoax calls, emails, or SMS.
  • Do not change your contact information without informing the bank.

Bottom Line

So, IDBI bank account holders can now conduct banking operations conveniently by downloading the mobile banking app. IDBI mobile banking app is a user-friendly tool offering easy access to hassle-free financial services. However, make sure you follow the guidelines properly while using this app for safe and secure transactions.

Never miss a trading opportunity with Margin Trading Facility

Enjoy 2X leverage on over 900+ stocks

Upstox Margin Trading Facility
Apple Logo
Downloadlogo
iOS App
Google Play Logo
Downloadlogo
Android App

RELATED ARTICLES

E-RUPI Contactless Digital Payment Platform - Meaning, Benefits & How Does Operate

The Government Of India appears to have created a strategy to harness digital infrastructure to ensure leak-proof delivery of its welfare packages. The concept is simple and utilized in the United States, Hong Kong, and various other countries: prepaid vouchers for specified uses. As a trailblazer in fintech, and given its tendency for techno-solutionism, India is doing something similar by launching a new payment system. The digital voucher-based electronic payment system known as "e-RUPI" is expected to be the first step toward creating a digital currency.

What is the RTGS Full Form?

- An over budgeted hotel stay- need funds at an odd hour and that too on a holiday to foot the bill. - Medical emergency- need funds to foot the hospital bill. - Last minute buy from the duty free shops at the airport- need funds to buy surprise gifts for the family. - As a corporation, I need to make large value and regular fund transfers to employee salary accounts and payment to vendors and other channel partners etc. In all the above situations, you can utilise the payment gateway backed by the RBI, to transfer funds electronically from one bank account to the other on a real time basis using RTGS, Real Time Gross Settlement facility. Available, everytime ( 247365), everywhere, you can transfer amounts of ₹2 lakh (minimum threshold limit) and above and the amount would reflect in the beneficiary's account within 30 minutes through a safe and secure payment gateway, thus eliminating the possibility of losses, thefts, or fraudulent encashment of funds. It is important to note that while there is a minimum threshold amount limit, there is no maximum limit for amount transfer and that all RTGS payments are non-revocable and final. This facility can be availed by both retail and corporate customers and the RTGS fund transfer can be done electronically ( internet or mobile), free of charge or through the bank branch, at a nominal service charge ( maximum amount capped by the RBI) which is to be borne by the sender. The beneficiary is not liable to pay any service charge. Amount Service charge ₹2 Lakh – ₹5 Lakh upto ₹24.50+GST ₹5 Lakh & above upto ₹49.50+ GST The service charges (₹24.50 and ₹49.50 ) per RTGS transaction is capped by the RBI. Banks may charge service fees lower than the capped amount.

What is the Difference Between NEFT and RTGS: Charges & Transactions

Electronic Funds Transfer (EFT) systems in India have been in use for several decades and have undergone significant advancements in recent years. These systems allow for the transfer of funds electronically between banks, financial institutions, and individuals. The Reserve Bank of India (RBI) is the regulator for Electronic Fund Transfer (EFT) systems in the country, and it has implemented several measures to ensure the security and reliability of these systems. The Indian government has also been promoting the use of Electronic Fund Transfer (EFT) systems for various government schemes and services, such as the [ direct benefit transfer (DBT) scheme](https://upstox.com/saving-schemes/what-is-dbt-direct-benefit-transfer-in-agriculture/), which aims to transfer government benefits directly to the bank accounts of beneficiaries. This has helped to increase the transparency and efficiency of government services and has also helped to reduce corruption. The Electronic Fund Transfer systems in India have played a significant role in the growth of the digital economy in the country and have greatly increased the accessibility and convenience of financial transactions for individuals and businesses. One of the most widely used EFT systems in India is the [ National Electronic Funds Transfer (NEFT)](https://upstox.com/banking/what-is-neft-meaning-timings-full-form-charges-and-how-to-transfer-money/) and Real Time Gross Settlement (RTGS) system. It allows for the transfer of funds between banks in India and is available 24x7.

What is Bank Statement - How to Get Bank Statement Online & Download

- Would you like to know your account opening and closing balance amount, say at the end of every month? - Would you like to know the details of all your financial transactions such as deposits, withdrawals, transfers, service charges, etc? - Would you also like to know and keep a tab on any unauthorized transactions, besides keeping a closer watch on your expenses? - Would you also like to know if there have been any uncashed cheques or if you have made any payments twice to the same entity or whether there are discrepancies in your opening and closing balance? Welcome to the concept of a Bank statement, issued by banks to all its account holders at periodic intervals across various channels such as mail, email, SMS etc. It is a simple, yet profound way of recording every transaction not only helps you in managing your finances, it also lets you locate the red flags. Akin to the traditional bahi khata, the book reflects your transaction details, both cash inflows, and cash outflows, over a period of time. This kind of record keeping is super helpful as you know your book balance at the end of the day, you are aware of all transfers, and withdrawals and you also know the details of deposits and payments that have been made. So basically, your book tells you from where your money has come and where the money has gone/ spent. All financial entities typically maintain records of all their customers for at least a period of five years.