Quick Read
- You may need to provide your registered mobile number and valid banking credentials to check your balance.
- Your account balance and available balance can be different due to transactions that are yet to clear.
- Regularly checking your latest transactions will assist in identifying unauthorised payments.
- Using the banking applications and official website will help to make sure that your banking information is safe.
Have you ever asked yourself, where did my money go after I made dozens of payments throughout the day? With so many transactions, it’s easy to get confused about where you spent your hard-earned money or notice suspicious transactions. Being aware of your banking activity can help you keep track of your money and manage it better.
What Details Are Required to Check Your Bank Balance Online?
To check your bank balance online, you will generally require an active bank account, a mobile number registered with your bank, and access to the banking service you wish to use. You may also be required to provide:
- A mobile number registered with your bank account
- Access to your bank’s mobile application or net-banking interface
- A UPI-enabled application, with your bank account linked to it (in case of UPI-based services)
- Your login credentials, OTP, UPI PIN, or other relevant information requested by your bank
What are the Ways to Check Bank Balance Online?
You can check your bank balance through net banking, mobile banking, UPI, SMS, missed-call services, or an ATM in case of unavailability of digital services. The process might differ slightly for different banks.
1. Check Bank Balance Through Net Banking
- Visit your bank’s official website
- Login into your account by providing your banking details
- Select Account Summary to view your account balance and latest transactions
2. Check Bank Balance Through a Mobile Banking App
Log in to your bank’s official mobile application and complete the necessary verification. Your balance and recent transactions will typically appear on the account dashboard.
3. Check Bank Balance Through a UPI App
Open up your UPI app, select the bank account you want to check, and tap on Check Balance. You will be asked to enter your UPI PIN to view the balance.
4. Check Bank Balance Through SMS
Some banks provide SMS banking services for balance enquiries. The format and short code differ from bank to bank, so it is advisable to check the bank’s web portal for the exact SMS service request format.
5. Check Bank Balance Through a Missed Call
You can give a missed call from your registered mobile number to your bank’s particular number. They usually send you the balance via SMS. Just confirm the number from your bank’s website.
6. Check Bank Balance Through an ATM
Insert your debit card, enter your ATM PIN, and select Balance Enquiry to view your available balance.
What is the Difference Between Account Balance and Available Balance?
The account balance represents the amount of money in the bank account, whereas the available balance is the amount that a person can normally use or withdraw at any given time. The two terms may differ from each other for several reasons, including holds, pending payments, and deposits.
For instance, a pending payment can lower the amount of money available for use, although it has not been reflected in the account balance. It is advisable to check the available balance when considering payments.
How Can You Check Your Bank Balance Safely?
You should ensure that you check the balance in the bank account through a legitimate channel. Here are some of the ways that you can use to check the balance in your bank account safely:
- Avoid using public or unsecured networks to access your bank account.
- Avoid sharing private information, including OTPs, PINs, passwords, and other secure details relating to your account.
- In addition, one should not click any links or open any emails regarding the bank since they might be spam. It is also necessary for one to review all transactions and inform the bank about any unusual transactions as soon as possible.
Wrapping Up
Checking your bank balance regularly is an activity that helps one get information about their available money and transaction details for managing expenses on a daily basis. There are various facilities available, like mobile banking, net banking, UPI, SMS, missed call facilities, and ATMs, through which one can check their account without any difficulty.
For business owners, managing personal and business finances separately may turn out to be difficult because of the many expenses of inventory, salary, and others associated with working capital management. At Lendingkart, we understand the problems a temporary gap in business finance can create for a business owner, and therefore, we offer digital business loans for eligible business owners, helping them manage their working capital separately without any strain on their personal finances.
Frequently Asked Questions (FAQs)
1. How can I see my bank balance online?
You can see your bank balance by using your bank’s official mobile app, net banking, UPI app, SMS banking, or missed call facility, depending on what your bank offers.
2. Can I see my bank balance without going to any branch?
Yes, most banks have digital services like mobile banking, net banking, UPI, SMS, and missed call facility to view account balance.
3. Can I check my bank balance through UPI?
Yes, after linking your bank account to UPI, you will usually be able to choose your account from the list and click Check Balance after entering your UPI PIN.
4. Is it secure to check bank balance online?
Yes, if you use only the official bank portal and keep your user ID, password, PIN number, and OTP secure.
5. What should I do if I observe an unauthorised transaction?
Immediately contact your bank through its official customer care and report the transaction. Do not give your banking details over calls or messages from unknown sources.
