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Union Budget 2021 – Mobile App Download

Personal Finance

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January 31, 2021

Union Budget 2021 to be presented on Feb,1, 2021. This time union budget 2021 would be special in many aspects. It is budget post COVID-19. People are expecting major tax reform and benefits from the budget.

Budget 2021 would be paperless. It would be released on Mobile App. The government has released special budget app called as Union budget app. This app is available for the android as well as iOS operating systems. The entire budget along with documents will be accessed by the public using this application.

This mobile application is developed by National Informatics center under the guidance of the Department of Economic Affairs (DEA). The name of app s Union Budget 2021 Mobile App.

Union Budget 2021 – Mobile App Download

To download Union Budget Mobile App, open Android play store/ iOS app store and search for Union Budget App or click on the following links.

Union Budget Android Download link –

https://play.google.com/store/apps/details?id=com.nic.unionbudget

Union Budget iOS Download link –

https://apps.apple.com/us/app/union-budget-app/id1548425364

You can also watch live budget webcast here –

https://budgetlive.nic.in/

The link for budget app is also available on Union Budget Web Portal –

http://indiabudget.gov.in

You will get access to all budget documents related to union budget in this mobile app. The entire process of budget would be paperless. It is best example of digital governance.

The Budget Mobile App give access to 14 Union Budget documents –

Finance Minister’s Budget Speech
Annual Financial Statement (AFS)
Demands for Grants (DG)
Finance Bill
Statements mandated under the FRBM Act:
i) Macro-Economic Framework Statement
ii) Medium-term Fiscal Policy cum Fiscal Policy Strategy Statement
Expenditure Budget
Receipt Budget
Expenditure Profile
Budget at a Glance
Memorandum Explaining the Provisions in the Finance Bill
Output Outcome Monitoring Framework
Key Features of Budget
Key to Budget Documents
Implementation of Budget Announcements

The app is simple in design and provide user friendly interface. The information provided in this app can be accessed in Hindi as well as English. A global search option is provided for searching required document.

Multiple features available for PDF documents like downloading, printing, searching, zooming in and out, bidirectional scrolling, table of contents, external links etc.

The primary aim of this initiative is to provide Union Budget information to various stakeholders including general public at the click of a button.

I have downloaded this app. The app interface looks good. It is very good Initiative to save paper and printing cost, plus it’ll make budget documents to common people more accessible than ever.

Top 5 Mobile Banking Apps in India 2025

Banking

Shitanshu Kapadia

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January 30, 2021

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Mobile Banking Apps – We live in the digital era where information is available at fingertips and transactions are also done online. All banks offer facility of internet banking and mobile banking apps.

The mobile banking apps are making our life easy. From bill payment to fund transfer everything happens in real-time over mobile with a click of button. You can check your account balance, pay credit card dues and invest in financial product using mobile app.

I have evaluated multiple mobile banking apps and prepared list of Top 5 Mobile Banking Apps.

Top 5 Mobile Banking Apps in India 2025

Here is a list of top mobile banking applications in India based on ratings and downloads:

ICICI Bank iMobile Application

ICICI Bank iMobile App is one of the most popular mobile banking app in India. iMobile app is available for both android and iOS versions. iMobile offers more than 170 banking services on your mobile. You can enjoy safe and secure banking by using ICICI iMobile Application.

Key features and benefits offered by iMobile app

Pay and collect funds instantly via UPI.
Quickly transfer funds with NEFT/RTGS/IMPS
Pay credit card, utility bills online
View balance and transaction detail for loan, PPF, Insurance, Deposit and Card
Tag transaction to favorite and access it quickly
Open fixed deposits, recurring deposits and iWish deposits
Facility to purchase and manage life insurance policies
Bill payments like mobile, DTH, etc. recharge
Track your deliverables
Order a cheque book and order a cheque book
Track your service requests
Book train, flight ticket. Book taxi and hotel.
Manage your iDirect portfolio from mobile.

iMobile is safe and secure mobile banking application by ICICI bank.

HDFC Bank Mobile Banking

HDFC Bank Mobile Banking app is one of the top mobile banking app. HDFC Bank Mobile Banking allows customers to access both personal and business banking services. This application is available for both Android as well as iOS devices. You can get access to over 120 different banking transactions in this app.

Key Features and benefits offered by HDFC MobileBanking app

Real time dashboard to view balance, deposit and due bills
Quick transfer money from HDFC account to other account via IMPS, UPI and NEFT
Apply and manage credit card bill from mobile app
Manage Demat account and start investing money
Instant mobile recharge and pay utility bills on the move
Setup frequently access transactions in favorites
Download TDS certificate using mobile app
Apply for loan and opening of new saving account

Design and usability of this mobile app is very good.

YONO Lite SBI Application

State Bank of India is India’s largest public sector bank with largest customer bank. SBI provides multiple mobile applications under name YONO. YONO Lite SBI is top most Mobile banking app. It is lightweight and easy to use mobile application with multiple features. You can use this application even outside India for banking services.

Key Features and benefits offered by YONO Lite SBI Application

Multiple language support
Voice assisted transactions
Detailed account information on the move
Mini statement and mPassbook facility
Inter-bank fund transfers with NEFT/RTGS/IMPS
Bill payment including credit card, life insurance premium and other bills
QR code based cardless cash withdrawal via ATM
Cheque book request
Facility to submit 15G & 15H online
Virtual credit card facility for ecommerce payment

YONO Lite SBI is popular application with lot of benefits.

Axis Mobile Application

Axis Mobile is next in the list of top mobile banking application. This mobile app allows you to carry out all banking transactions. This app offers 100+ different features to the customers.

Key Features and benefits offered by Axis Mobile app

Dashboard view to access all your bank account
View account summary, bank statement, transaction details
Scan and pay instantly through UPI
Make your own UPI QR code
Open fixed deposit and recurring deposit on a click
Convert credit card transaction to EMI
Access your deposit, forex, Demat and mutual fund details easily
Block and replace your cards
Schedule bill payment with auto pay over 200 different services
Temporarily deactivate debit cards and set limits on debit card purchases

Bank of Baroda’s M-Connect Plus Application

The M-Connect Plus app is official mobile banking app by Bank of Baroda. You can get access to all banking facilities from this app. This mobile app is popular and widely used.

Key Features and benefits offered by Bank of Baroda M-Connect Plus app

Instant fund transfer facility with BOB account and other banks
Mobile, DTH recharge and utility payment facility
Mini statement, Request cheque book facility
Open and close FD and RD
TDS Certificate facility
Scan to Pay facility
De-link accounts
Branch and ATM Locator facility

Over to you

As per me mobile banking has made our life easy and hassle free. We can do transaction anytime anywhere using mobile application.

Do you use any of the top mobile banking app described above? If yes, please share detail with readers in the comment section given below.

Home Loan Interest Certificate – How to Download?

Home Loan

Shitanshu Kapadia

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January 27, 2021

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Home Loan Interest Certificate – How to Download?

A home loan interest certificate contains a summary of home loan transactions including principal and interest components paid for the financial year. If you have taken a home loan you need to submit a home loan interest certificate to save income tax. You can get a provisional home loan interest statement from your lender.

There are two ways to get a home loan interest certificate. You can visit the bank or lender physically and get a hard copy of the provisional certificate. Alternatively, you can also download a home loan interest statement from the official website of the lender. In this post, I will share information about what is home loan interest statement? Usage of loan interest certificate and method to download it online.

What is Home Loan Interest statement?

Home Loan Interest certificate is statement that contains summary of the interest and principal amount that is paid by the borrower towards home loan for the financial year. The statement also contains prepayment amount that is paid by the borrower.

If the certificate is generated prior to end of the financial year it is known as provisional interest certificate. The provisional interest certificate is subject to change with respect to change in revision, change in installments or any pre-prepayment made.

Use of Home loan interest statement

The main usage of home loan interest certificate is for claiming income tax benefits. The borrower can claim principal amount they have repaid under section 80C of the income tax act. The interest amount is claimed under section 24.

The maximum principal amount that can be claimed under section 80C is Rs.150000. The interest amount that can be claimed under section 24 is Rs.2 Lakh. If joint home loan is taken both borrower can claim this benefit.

How to download Home Loan Interest certificate?

State Bank of India

Follow the steps given below to download home loan interest certificate from SBI.

Step 1 Visit the official website of SBI at https://www.onlinesbi.com/personal/

Step 2 Use your net banking login credentials to login on the site.

Step 3 Select the ‘Enquiries’ tab and click on ‘Home Loan Interest Certificate (Provisional)’ link

Step 4 You need to select the account for which you want the home loan certificate. You can now view, print or download your home loan interest certificate.

HDFC

If you have taken home loan from the HDFC, follow the steps given below to download home loan interest certificate.

Step 1 Visit https://portal.hdfc.com/login and enter your Loan account number and birthdate to login.

Step 2 OTP will be generated and sent on your mobile number. Alternatively, you can enter your user ID and password for login.

Step 3 On the left side menu click on account details. From the menu open click on the provisional interest. On the new page you will see two options – View Statement and Email Statement.

Step 4 Click on the view statement to view or download statement in pdf format.

ICICI Bank

Home loan borrower from ICICI Bank need to follow the step given below to download certificate.

Step 1 Visit the link – https://www.icicibank.com/Personal-Banking/loans/home-loan/home-loan-statement.page

Step 2 Click on ‘Continue to Login’ button.

Step 3 Enter Home loan account number, date of birth, account number, Loan amount and EMI amount. Home loan account number is mandatory. You need to enter any other two details.

Step 4 Now you can download the loan statement.

Axis Bank

Axis Bank home loan borrower can use following methods to download or to get loan statement.

Step 1 Visit the link – https://application.axisbank.co.in/WebForms/axis-support/Interest-Certificate.aspx

Step 2 Enter the registered mobile number and captcha code. Click on the enter button. Once authentication is done certificate will be downloaded. Popup should be enabled to download the certificate.

Best Direct Mutual Funds for Investment in 2021

Mutual Funds

Shitanshu Kapadia

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January 26, 2021

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Best Direct Mutual Funds for Investment in 2021

Direct Mutual Funds – Mutual Funds companies offer two types of schemes direct mutual funds and regular mutual funds. Regular funds are funds where purchases take place by keeping agents in between. Agent charges commission on the invested amount. Direct mutual funds are funds where investment is allowed directly without any intervention of agents or middlemen. This means you need not pay any commission to invest in direct mutual funds. It is obvious that direct mutual funds are better and offer higher returns as no third person is involved in between.

In this post, we will get more insights about direct mutual funds including the method to invest in direct mutual funds and Best Direct Mutual Funds for Investment in 2021.

What are Direct Mutual Funds?

Direct Mutual Funds are special types of schemes that are offered to the customer directly without any intermediary. Direct mutual funds can be purchased directly from the AMC.

Direct mutual funds provide higher returns than regular funds. This is because a direct fund is bought from the AMC and selected online sites. The expense ratio of a direct mutual fund is slightly lower compared to regular mutual funds.

Key Features of Direct Mutual Funds

Key features of direct mutual funds are given below.

No dependency on third party agents, brokers and professionals for buying mutual funds.
Mutual funds can be directly purchased directly from AMC websites.
Option to purchase online as well as offline.
Expense ratio is lower as commission fee is not involved.
Returns of this plan is higher compared to regular mutual funds.
Separate NAV is declared for the direct mutual funds.

Difference Between Direct Mutual Funds and Regular Mutual Funds

The difference between Direct Mutual funds and Regular Mutual funds are given below.

Direct Mutual Funds	Regular Mutual Funds
Invest without involving distributors or mutual fund brokers	Invest with the help of distributors or mutual fund brokers
Expense ratio lower as compared to regular plans	Expense ratio higher as compared to direct plans
Get higher returns compared to regular plans	Get lower returns compared to direct plans
Investors need to do their own analysis and select top performing mutual fund schemes	Brokers offer guidance and perform all the operational tasks on behalf of the investors
No commission paid to brokers	Hidden commission paid to brokers
NAV of direct plan is relatively higher	NAV of regular plan is relatively lower
Document and KYC needs to be submitted on your own	Advisor will collect KYC and other documents

Best Direct Mutual Funds for Investment in 2021

The list of best direct mutual funds for investment in 2021 is given below.

Note – The returns are as on Jan 2021.

How to Invest in Direct Mutual Funds?

There are two ways to invest in direct mutual funds – Online & Offline.

Online

Fund house website

You can buy direct mutual funds via fund house website. Follow the steps given below.

Step-1 – Register to fund house website. You need to do this for every website individually.

Step -2 – Select old portfolio or register for new portfolio.

Step-3 – Select the scheme, amount and SIP details.

Step -4 – Transfer funds online via Netbanking, UPI or provide payment details.

Step-5 – Once fund transfer is done fund will be purchased and transaction details will be emailed to you.

In this process you need to visit multiple fund house websites. The process given here is time consuming and somewhat tedious. Keeping track is also difficult.

myCAMS

myCAMS is platform that allows an investor to invest in multiple mutual funds. Steps to purchase direct fund online via myCAMS is given below.

Step -1 – Visit www.camsonline.com and click on myCAMS link.

Step-2 – Register for new user id or login in account using existing id.

Step -3 – Select the scheme, amount and SIP details

Step -4 – Select payment method and purchase mutual funds online.

Offline

The steps to invest in direct mutual funds with offline method is given below.

Step 1 – Select the mutual funds in which you want to invest.

Step 2 – Visit the nearest branch of the fund house and submit the offline application.

Step 3 – Select the payment method and pay the amount for buying mutual funds online.

Over to you

If you are a beginner or if you are unable to select a scheme for an investment you should not opt for direct mutual funds.

Do you invest in direct mutual funds?

Do share your views in the comment section.