Quick Look At Official Indian Banking Apps On Android

The main list of banks to track has been sourced from the BANK-NIFTY and it throws up an interesting set of results

Axis Bank Ltd.
No official Android app, supported in NGpay. There is a Java mobile app for it.
Update (13th, August, 2012. Thanks, Rajashri Ray in the comments): There is an official Android app now: https://play.google.com/store/apps/details?id=com.csam.axis.activity
Install base: 100,000 – 500,000

Bank of Baroda
Official App: https://market.android.com/details?id=com.fss.bob
Install base: 1,000 – 5,000

Bank of India
No official Android app. There is a Java mobile app for it.

Canara Bank
No official Android app. There is a Java mobile app for it.

HDFC Bank Ltd.
No official Android app, supported in NGpay. There is a Java mobile app for it.

Update (13th, August, 2012. Thanks, Pankaj Batra in the comments): There is an official Android app now:
https://play.google.com/store/apps/details?id=com.snapwork.hdfc
Install Base: 100,000 – 500,000

ICICI Bank Ltd.
Official App: https://market.android.com/details?id=com.csam.icici.bank.imobile
Install Base: 100,000 – 500,000

IDBI Bank Ltd.
No official Android app. There is a Java mobile app for it.

IndusInd Bank Ltd. 
Official App: https://market.android.com/details?id=com.fss.indus
Install Base: 100 – 500

Kotak Mahindra Bank Ltd.
No official Android app. There is a Java mobile app for it.

Punjab National Bank
No official Android app. There is a Java mobile app for it.

State Bank of India
Official App: https://market.android.com/details?id=com.sgs.sbi.mbanking
Install Base: 50,000 – 100,000

Union Bank of India (FSS)
Official App: https://market.android.com/details?id=com.fss.ubi
Install Base: NA

Other Notables:

Citibank India:
Official App: https://market.android.com/details?id=com.citiuat
Install Base: 10,000 – 50,000

Stanchart India
Official App: https://market.android.com/details?id=air.app.scb.breeze.android.main.in.prod
Install Base: 1000-5000

Notes:

  • Interestingly, only five of the twelve banks from the list have official applications on the Android platform.
  • Pretty much every bank on that list has a J2ME app for mobile banking, which makes a lot of sense in a country like ours.
  • Even the banks with Android apps don’t feature it prominently on their websites.
  • Only exception to (3) is ICICI Bank, who are a bit overenthusiastic in promoting iMobile.
  • HDFC Bank is a notable absentee in the list, even though they are supported through NGpay.
  • The apps mostly have the same feature set. Understandable, as the backend service providers tend to be the same few across banks, which makes feature-based differentiation a hard one to pull off.
  • Citibank India and Stanchart India have a reasonable install base.
  • nGpay supports both Axis Bank and HDFC, which should be the cheapest route for banks to integrate with an Android or mobile app.
  • FSS powers the services of Bank of Baroda and Union Bank of India. Looks like they are using a white-label application.
  • SBI’s install numbers are a pleasant surprise. Shows a level of awareness in the market I had, honestly, not expected.
  • Quite revealing that both SBI and the FSS-based apps have a minimum requirement of Android 1.5 and up, while most of the others are 2.x.
  • These numbers can be quite misleading. It is nearly impossible to track the install base of the J2ME apps. So, usage could be a different matter altogether.
  • Install base leader board
    1. ICICI Bank
    2. SBI
    3. NGpay
    4. Citibank India
    5. Bank of Baroda
    6. Stanchart India
    7. Indusind Bank

7 thoughts on “Quick Look At Official Indian Banking Apps On Android”

  1. I would prefer to download banking apps from bank’s official website. i heard nobody checks the authenticity of apps on android market. Manish R. Shah

  2. Shocking to see Kotak also not having an official app. Such huge marketing campaign and ot even basic infra ….

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