All You Need to Know About Account Balance Check?

Personal Finance

You’ve just been paid, and you’re eager to see how much money you have in your account. So, you log in to your bank’s website and type in your username and password. Then you click on the “Accounts” tab and select your account. Finally, you click on “Account Balance Check.

However, instead of getting the expected result, you get a message that says, “We’re sorry, we’re experiencing technical difficulties. Please try again later.”

Don’t worry. This happens to the best of us. In this article, we’ll walk you through checking your account balance step-by-step. But let’s know about the basics first.

Why is it important to check your account balance?

You may be wondering why conducting balance enquiry regularly is essential. Well, there are a few reasons. First, ensure you’re not spending more money than you have in your account. This can lead to some nasty overdraft fees, which no one wants to deal with.

Another reason why it’s important to keep track of your account balance is to make sure that all of your transactions have been properly processed. Sometimes, mistakes can happen, and by checking your account balance regularly, you can catch these mistakes before they cause any damage.

When and how should you check your account balance?

You should do your account balance check at least once a week. This way, you’ll always be on top of your finances, and you’ll be able to spot any suspicious activity right away.

If you’re not sure how to check your account balance, don’t worry. Here are the steps involved in this process:

Step 1: Log in to your online banking account.

Step 2: Look for the “Accounts” tab and select “Account overview.” This will give you a detailed breakdown of all your accounts, including the current balance.

Step 3: If you want to get even more specific, you can also view transactions from the past few months. This will give you a good idea of where your money is going and how much you’ve been spending.

What Is the Best Way to Check Your Account Balance?

There are a few different ways to check your account balance, and the one you choose will depend on your personal preferences. Here are the most common methods:

Online Banking

Online banking is the most popular way to make an account balance enquiry, as it’s quick and easy. All you need is a computer, tablet, or any other mobile device with your bank’s app and an internet connection. To get started, here’s what you need to do:

Step 1: Open your bank’s official website and enter your login details and password. If logging in via a mobile device, open the bank’s app with your MPIN or login password to get started.

Step 2: If you are using this method for the first time, you may also have to register as a first-time user and generate an MPIN or create a password.

Step 3: To register, enter your account number, email address registered with the bank, mobile number, and debit card number issued by the bank with its CVV given on the back.

Step 4: The app or website will generate an OTP and send it to your registered mobile number. 

Step 5: Enter this OTP with your username and password to see the account details.

If you are an existing user, follow the steps already explained above.


You can also check your account balance with your ATM card. Just be sure to have your bank card and PIN handy. The steps involved in this process are:

Step 1: Once at the ATM, enter your card in the slot and feed in your PIN (a four-digit code).

Step 2: Choose the balance enquiry option on the screen. The machine will tell you your account balance immediately.

Step 3: You may also obtain a printed receipt from the machine by choosing the right option. 

Some banks may charge an additional fee for using the ATM of a different bank. Ask your bank about these charges before you start using your card at the machine.

Text Messages

If you need a convenient method for account balance enquiry, you may get them through SMS alerts. All you have to do is select SMS alerts when opening your account.

This way, you will automatically get account balance updates for every transaction you make. It does not even require a password or username to use this option.

If you did not select SMS alerts when filling out the form, you may still visit your bank branch and fill out a separate form to activate this feature.

Telephone Calling

If none of the above methods appeals to you, you can take the traditional route and call your bank to know the balance. There must be a bank call centre number that will automatically tell you the amount in your account.

Since the systems are automated now, you have to enter your account number to get details on your registered mobile number.

UPI and Other Apps

UPI and banking apps have become imperative for digital payments and transactions, especially if you have more than one bank account. With a single UPI app, you can manage them if the registered mobile number is common for all accounts.

For an account balance check on UPI, you need to:

Step 1: Activate your app and set a PIN.

Step 2: When you open the app, choose the “check account balance” option.

Step 3: Enter your UPI PIN, and the balance will be displayed on the screen automatically.

Missed Call

Almost all the banks in India offer the facility of balance enquiry through a missed call. In this service, when you make a missed call with your registered mobile number, the bank will send your balance update via a text message.

You need to keep your number active and your bank’s phone number handy to avail of this facility.

In conclusion

Lastly, you can follow the time-tested methods and visit your bank branch to get your passbook updated for an account balance check. The passbook has all the information, including your transactions, so it’s best to keep it up to date so you can keep track of your finances.

If you need help with any of these processes, do not hesitate to seek expert help. The financial advisors at Piramal Finance are always available, just one call away, to answer any query or clear any doubts about account balance enquiry methods. If you need help with finances, you can always take the help of a financial expert like Piramal Finance. They will suggest what’s best for you and help take care of your personal loan requirements, if any.