Top Seven Online Recharge and Bill Payment Apps in India.

 

Days are gone when you had to go to the store to recharge your mobile number and stand in long queues for hours to pay different bills. There are many Recharge and Bill Payment apps that give us the liberty to make payments of prepaid and postpaid mobile number, landline, electricity bill, insurance, and gas bill anytime and from anywhere making life easy and stress- free. These recharge apps offer massive discounts and lucrative deals on every recharge along with comprehensive and efficient solutions, which makes them even more useful.

Below listed are few Recharge and Bill Payment Apps that you must try:

1. Bajaj Finserv App:

Bajaj Finserv App offers a platform for fast, secure, reliable and effortless bill payments right from the convenience of your home through your mobile phone. It offers uninterrupted power supply and continued services as with the app you will never miss out on your payment due date. The recharge app is available in 14 different languages and it provides great discounts on services like Prepaid and postpaid mobile recharge, electricity bills, DTH connection recharge, gas bill, water bill, credit card bills, broadband and landline bills. The recharge app also offers mobile-wallet service, multiple payment modes, and discounts. You can also book bus and flight tickets, order food online, do online shopping with the ease of No-cost EMI.

2. PhonePe:

The PhonePe provides services like mobile recharges and bill payments. It is a UPI-enabled app that offers everyday payments of utility bills, mobile recharge, funds transfer to friends and family, request money, etc. and is quite easy to use. The recharge app also provides mobile-wallet service, multiple payment modes, and offers like cash back, discounts and rewards from PhonePe on referring the app to others.

3. Haptik:

Haptik app integrates facilities ranging from booking cabs to movie tickets to flight tickets and has partners with 25 services including Zomato, Ola, Bookmyshow, Go iBibo, Urbanclap, and Cleartrip to cater to the needs of its customers. You can also use Amazon Pay Balance to do prepaid / postpaid mobile recharge or DTH recharge. Haptik has a chat based personal assistant which you can use to set reminders for bill payments and find nearby places like ATMs, Free WiFi spots, chemists, bus stops etc. The recharge app offers exciting offers that can be availed with every transaction.

4. Niki:

Niki is an AI-based personal assistant recharge app that offers an array of bill payment services like electricity, prepaid and utility or booking bus tickets, movie tickets online, cabs, hotels and much more. It also provides exclusive deals, discounts and cash back to its customers. And integrates with Amazon Pay to make recharges.

5. Amazon Pay:

Amazon Pay is Amazon’s digital payment app which is an integrated feature into your Amazon account. With Amazon Pay you can add money to your amazon wallet and make payment for purchased goods and services from websites and mobile app. Amazon also partners with many services and offers discounts and cash back using the Pay balance. You can add up to Rs. 10,000 on Amazon Pay and use it to pay for online food orders, movies and events, kindle ebooks and much more.

6. Paytm:

Paytm is a reliable recharge app which offers a myriad of services on its platform like online recharge and bill payments, money transfer, shopping, booking movie tickets, bus and air tickets through the e-wallet and UPI app. One disadvantage to this app would be that there are limited deals, discounts and cash backs in the app as compared to other apps.

7. Tapzo:

Tapzo is a great option ff you are looking for mobile recharge and online payment app with good discounts and deals. The recharge app offers services for all your prepaid mobile & DTH recharges, postpaid recharge, Electricity & other utility Bills. It also provides services like booking Cabs/Taxis, autos, Flights, Hotels & Buses/online food orders from any nearby restaurant/Book Home services, Appliance repairs and Vehicle repairs.

By going through the above- mentioned top 7 apps for recharge and bill payment, you can easily decide which recharge app best suits your requirement. Although, we recommend the Bajaj Finserv app as it is a one-stop destination for all your requirements, which helps you get rid of multiple apps from your phone. What makes it different from the other recharge apps is that you can not only do Mobile recharge but also apply for loans and repay the loans on the Bajaj Finserv app itself.

Payment apps for easy bill payments this 2022

 

Have you ever gone out to supper with a group of friends, only to have the restaurant refuse to split the bill? If you don't have enough funds to pay your portion of the cost, you may be stuck with the entire amount plus promises from pals to repay you. Unfortunately, getting everyone to pay you is rare, and even if they do, the payments will never equal up. Fortunately, everyone has a smartphone and can quickly download payment apps to fix this issue.

Without using standard payroll systems, business owners can make payments directly from their smartphones using payment apps. You can also use a payment app to link your credit cards or bank accounts. The top payment applications support a large range of credit and debit cards, as well as a fast transfer speed and a wide range of devices. We looked at things including simplicity of use, payment limits, financial transfers, and even consumer incentives.

In case you're unfamiliar with UPI, it's an instant real-time payment system created by NPCI (National Payments Corporation of India) that facilitates inter-bank transactions by quickly transferring funds between two bank accounts via a mobile or web platform. Money may now be transmitted to anyone across the country in a matter of minutes thanks to this innovation in UPI payments. In any case, not all of the apps available on the Google Play Store are suitable for processing UPI payments. The user interface of some of these UPI apps in India can be difficult to grasp at first. As a result, we've compiled a list of the best UPI apps and payment apps in India that are both simple to use and worth checking out include Bajaj Finserv app, Google Pay, Mobikwik, etc.

UPI apps like Bajaj Finserv app allow easy payments anytime and anywhere. You can easily pay all your bills and recharge your phone anytime and anywhere. You can also easily complete QR code payments with mobile apps. You can choose to pay loan EMIs, education fees, mobile bill, electricity bill, grocery bill and more with the payment app. It is simple, fast and convenient

Another advantage is that you won't have to cancel a bunch of cards if you misplace your wallet or handbag. Even if you lose your phone, you shouldn't have to worry about someone else accessing your payment information if it's properly secured. Apps may also impose additional fees if you want to transfer money from your app account to your bank account. You may be limited in how much money you can send per day, week, or month depending on the app.

If you're constantly rummaging through your luggage for the proper card to pay with, these applications can make paying at the store a lot easier. In most cases, payment apps allow you to link your credit cards or bank accounts. Then, without having your credit card, debit card, or cheques on hand, you can make payments immediately from the app. You may be able to pay by tapping your phone at a point of sale rather than swiping a credit card, depending on the app you download and your phone. You might be able to pay with other payment applications or phones by flashing a code that the cashier can scan.

5 Ways to choose the best Personal Loan

 

For any kind of sudden expenses or big-ticket, planned purchases, a Personal Loan is the best way to deal with such circumstances. There are multiple reasons where availing a Personal Loan might be a good option to choose like Traveling abroad, Wedding, Higher Studies, Home Renovation etc. A personal loan is free from end-use restrictions & hence it can be used for any purpose that you deem fit.

Getting a Personal Loan is also an easy process in today’s world, thanks to the instant Personal Loan app. These apps have made the process of availing a Personal Loan utmost simple and convenient. With proper documentation and fulfillment of the necessary eligibility criteria, you can get money credited in your account instantly. This phenomenon comes in handy especially when you find yourself in emergency situations or fall short of funds.

Below are the factors that you must consider in order to choose the best Personal Loan –

·         Loan amount

·         Rate of Interest

·         Collateral free loan

·         Easy documentation

·         Tenure of repayment

1) Loan amount –

In accordance to the purpose of taking a Personal Loan, your requirement of funds can be big or small. Hence, you must find a lender that is willing to lend you the required amount of loan. If your requirement is small, there are many instant loan apps like Kissht, MoneyTap etc that lend small cash loans.

2) Rate of Interest –

The Rate of Interest is an important factor that you must look at before finalizing any lender for your need of funds. It is something which you pay extra, apart from the principal amount and hence adds to the total cost of your loan. It is always wise to compare 2 to 3 lenders before finalizing one.

3) Collateral free loan –

Personal loan is an unsecured type of funding and hence, you do not need any collateral against the loan which you need to avail. This makes Personal Loan an even more comfortable option to look at. You do not have to worry about any mortgages or collaterals to provide against your loan amount.

4) Easy documentation –

The documentation process for availing funds from instant loan apps is very simple. You only need to produce some basic documents like your ID proof, address proof, latest salary slips etc. and you’re good to go. You do not need any complex paperwork to be done.

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5) Tenure of repayment –

The Personal Loan you take comes with a fixed repayment tenure i.e. a time period within which you have to repay the entire principal amount with interest. The longer the tenure, the smaller are your EMIs and the more EMIs you pay regularly, it has a positive impact on your CIBIL score.

Top reasons why mobile payment apps are helpful for small businesses in India

 

India is an agrarian country and a large share of its revenue is generated through agriculture. After that, small businesses are the second-largest providers of employment and are vital to the country’s economy. Businesses like grocery stores, medical stores, traders, confectioneries and bakeries, small-scale manufacturing units, etc all are accounted as small businesses.

Small businesses, unlike huge corporations, are owned independently by individuals. They need less capital to set up and function as compared to large-scale businesses. The workforce needed is also less and is flexible as per the will of the owner. This kind of setup leaves a large room of opportunities to be explored.

Dependency on cash –

Small businesses are knit closer to their consumers and most of their transactions are normally done in cash. However, this has gradually been changing at a moderate pace since demonetization in 2016 and now, the covid pandemic in 2020. Demonetization encouraged people in the country to move towards digital payments and online money transfers. This was one of the positive outcomes of demonetization that people started to accept and adapt to online bill payments.

Online bill payment apps –

The surge in the use of online bill payment apps was seen after the event of the demonetization of currency notes of higher denominations. Even though there was a sudden cash crunch in the market, people could carry out their day-to-day transactions easily using the bill payment app. It established the supremacy of online money transfer over cash payments.

Significant benefits of online bill payment apps & money transfer –

Online money transfer and bill payments have a number of benefits for the consumer as well as the business owner. 

They are enlisted below –

1) Using online bill payments apps can speed up your transactions and can let small businesses send and receive payments within a fraction of seconds. This completely eliminates the hassle of sharing invoices and then wait for a long time to receive payments.

2) With all information handy and payment statuses online, business owners do not have to invest time in follow-ups. They can very easily retrieve information of payments received and pending and act accordingly.

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3) Consumers these days cherish the option of paying online as this does not make them wait for bills or invoices and they can pay immediately without wasting time. Also, as the payment is done online, they also have proof of payment in the form of a soft copy of the receipt.

4) For small businesses, making available the facility to pay online for their customers also means that they are making it convenient for them and reducing the waiting time for paying. This in a way leads to customer satisfaction.

5) Bill payment apps are available for usage all year round, 24 x 7 regardless of holidays. This makes them even more useful and convenient for both, the business and its consumers.

 

 

 

 

 

 

 

Difference between mobile recharge and top-up

 

When you are a mobile user, you must be synonymous with the terms mobile recharge and top-up. Frequently heard, these terms are similar but at the same time, there are key factors that distinguish the terms. When you are out of Talktime, there are different ways you can recharge your mobile. There are multiple packs from service providers catering to different needs to get optimum results. When prepaid mobile accounts run out of money and they need to make a call, users must either top-up or recharge their accounts.

Some individuals mistakenly believe that recharge and top up are the same thing and use them interchangeably. 

Let us understand the difference between both the terms:

What is a mobile recharge?

Paying your telecom operator for service is how recharge works. There are two categories for mobile recharge. Prepaid and postpaid. The key difference between a prepaid and postpaid mobile recharge app is, for a prepaid plan you will have to pay the amount prior to the recharge. You can choose the plan that best suits and your needs and proceed to recharge. There are multiple pack variations by service providers to help make your choice. From Rs. 10 to Rs. 1000, you can choose a package that best suits your need. While for a postpaid mobile recharge, you can pay a fixed amount at the end of the month. Now for a postpaid plan, the charges may be higher, but there are also many additional benefits to a postpaid plan.

What is a top-up?

Let's say, you wish to top-up your Airtel mobile. You simply pay the money required to Airtel and they allot a certain amount of data to you. With recharge cards that gave validity, it was simple to detect no balance in an account. This is where a top-up card is helpful, as it gave call time without jeopardizing the validity of the phone.  Initially, service providers would discontinue the services on the SIM card in case of inactivity. However, when service providers came up with the idea of a lifelong SIM card for prepaid accounts, the concept of top-up, which was so popular at the time, came crashing down. SIM cardholders now have a lifetime validity (which was not exactly a lifetime but validity of more than 10 years nevertheless). It meant that if a person's account had no balance, he didn't have to worry about losing the number, and he could add any amount to his credit whenever he wanted instead of worrying about its authenticity all the time before.

An example to explain both the terms, suppose you have done an Rs. 399 recharge for your mobile phone with unlimited Talktime and 1.5 GB data per day with a validity of 30 days. Now you realize you have exhausted your data limit for the day and need additional data for your day. In this case, a top-up plan is extremely handy. You can easily opt for a data top-up of the required amount.

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Do your mobile recharge and top-up with the Bajaj Finserv app

You can easily do your mobile recharge and top-up with the Bajaj Finserv app. The Bajaj Finserv app gives you the flexibility to choose from the available payment means. You can choose to pay with your saved credit/debit card, net banking, UPI, digital wallet according to your needs.

The mobile app ensures quick processing of your recharge and bill payments for a hassle-free experience. You can choose to do your recharge on the go or comfortably from your home. The app is available for download on both android and iOS devices.

Check your Personal Loan Eligibility in a few easy steps

Personal loans are used in emergency situations or to meet specific requirements and desires that are not covered by regular income. However, before asking for a personal loan, it's critical to know if all of the requirements have been satisfied. The loan application will be rejected if you do not match the qualifying requirements. Rejections have a negative influence on your CIBIL Score and your ability to get a loan from another lender. It is usually necessary to check eligibility before approaching banks, regardless of your occupation or profession, and it is all available online in only a few clicks.

Some points to consider for salaried employees before applying for an instant personal loan

·        The age factor: If the applicant is a salaried employee, the applicant's age should be between 25 and 60 years old when asking for a personal loan. Because you have many earning years ahead of you to repay your debt, the younger you are, the more likely you are to acquire a personal loan app. Most banks have a general rule that paid employees must be between the ages of 21 and 60 to qualify for a personal loan. Self-employed people, on the other hand, are between the ages of 25 and 65.

·         The income factor: Salaried applicants should have a monthly income of at least 25,000 in a metro city and 20,000 in other cities. This is an extremely important factor to consider when applying for a personal loan. You will not be deemed eligible until you are salaried and have worked in your present profession for more than 2 years, or if you are self-employed and have worked for at least 5 years.

·         Loan amount: Based on their eligibility, salaried applicants can get a personal loan starting at 10,000. The maximum loan Bajaj Finserv app offers is ₹25 lakh.

·         Work experience matters: Salaried employees should have a cumulative work experience of at least 2 years, with at least 6 months in the current organisation. If you happen to be employed with a top-notch firm where you appear to have a steady and promising future ahead of you, this is optional and depends on your current company and your annual income.

·         The CIBIL factor: A good CIBIL score is a must for loan application and processing. Usually banks and NBFCs accept a CIBIL from 750-900. Apart from your company's performance, your personal credit rating is quite important. Having an excellent credit score boosts your chances of acquiring a loan with more flexible terms, amounts, EMIs, and interest rates. Banks have the ability to cancel personal loan applications or impose higher interest rates if there are any default payment histories, large outstanding loans, or dishonest track records.

Personal loans are available from all of India's top lending organisations. The eligibility conditions for each of these Personal Loans differ depending on a variety of factors. Here's a quick rundown of the situation with Bajaj Finserv personal loan.

Bajaj Finserv Personal Loan will help you fulfil all of your short-term cash needs, whether it's for a vacation overseas, a new gadget, or anything else. Bajaj Finserv offers one of the best personal loans, with interest rates as low as 11.49 percent and loan amounts as high as ₹50,000. It is a reasonable decision for a personal loan because the interest rate is determined by the borrower's credit score and income. The loan is being processed quickly, and the funds will be disbursed as soon as possible. A smart online application alternative is also accessible.

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Eligibility Criteria for Bajaj Finserv personal loan:

·         Applicants must be at least 25 years old. The highest age limit is 60 years old.

·         The applicant's monthly income should be at least ₹40,000.

·         A minimum of two years of work experience is required.

·         The CIBIL Score must be greater than 750.

You can easily apply for the instant personal loan with the Bajaj Finserv app. It is available on both iOS and android stores.

Pay all your bills with your Mobile Phone

With the growth in digitalization, there has been an emergence in mobile apps to help add ease to your monthly bill payments. You can pay for your mobile recharge, DTH recharge, monthly electricity bills all with a mobile app. These apps have become widespread with Android and iOS, and it's safe to assume that if you're looking for nice stuff, you already have some of them. There are a plethora of fantastic Android and iOS apps are available. However, their use is frequently constrained by the habits of those who use them. These issues should not occur with these apps.

One of such apps is Bajaj Finserv app. You can easily pay for all your mobile recharge app and utility bills with the mobile app. The mobile payment app gives you the flexibility to choose from the available payment means according to your convenience. The payment means include credit and debit card, net banking, UPI, and digital wallet.

There are numerous advantages to paying your bills using the Bajaj Finserv app. You can save all of your credit cards and other payment methods in a payment app, so you don't have to carry them around with you. You may quickly save your payment information for future use. Contactless payments have gained a lot of traction since the outbreak. There are numerous advantages to paying your bills using the Bajaj Finserv app. You can save all of your credit cards and other payment methods in a payment app, so you don't have to carry them around with you. You may quickly save your payment information for future use.

Contactless payments have gained a lot of traction since the outbreak. The inconvenient experience of waiting in long lines for your payment is eliminated with bill payment software. Alternatively, you can search for merchants when you need to refuel. Thanks to a computerized interface, you are now the first in line! The Bajaj Finserv app ensures that your bill payments are completed fast for added convenience.

1.       Easily recharge your mobile

You can easily complete your mobile recharge with the Bajaj Finserv app. You can browse from the top plans and choose the one that best caters to your needs. The app includes mobile recharge for all network providers such as Airtel, Jio, Vi, Idea. You can easily recharge both your prepaid and postpaid mobile with the app. You can also save money on your recharge by choosing to use coupons on the payment gateway.

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2.       Pay all your monthly bills

You can also pay all your bills including your electricity, gas, water, broadband bills at ease with the mobile app. You can pay your DTH recharge as well with the mobile app. You can also set reminders by saving your consumer details, so you do not miss out on a date. This also helps in saving your time when it comes to bill payments.

The Bajaj Finserv app is currently available on both iOS and Android devices. You just have to enter the consumer ID details and from the payment gateway you have to select the chosen mode of payment to complete your transaction.