Now you can use your Facebook and your Twitter accounts for banking online! What better, right?
So now you are sure to spend much more time on these social networking websites…
ICICI Bank introduced Facebook Banking & it’s called Pockets. With the help of this app you can book movie tickets, recharge your prepaid cell phones and even transfer money to a friend. An ICICI bank account holder can facilitate small transactions on Facebook it-self.
Banks are now thinking of innovative ways to target young audience.
What all can you do on this Facebook banking?
- Transfer money
- Create FD
- Start Recurring deposits
- Send a cheque book request
- And other basic banking activities
According to news across various websites – ICICI states that the user information is completely private and the Facebook banking is similar to net banking.
Pockets by ICICI can be accessed here.
Kotak Mahindra Bank on the other hand is offering banking on twitter via. Kotak Jifi.
Kotak Jifi is a zero balance account where no quarterly minimum balance is required. Jifi allows you to earn reward points too. Kotak Jifi is affiliated with various online shopping portals where you can redeem these reward points.
Your account balance, transaction history, cheque book request and many more activities are now just a tweet away. Want to know an ATM near-by just tweet and you get a reply instantly!
You can sign-up for Jifi – here.
Social banking sounds interesting but its majorly done to attract new and younger customers. Have you used any of the above services? Share your thoughts and insights.