In recent years, the proliferation of mobile apps has led to an increase in the number of budgeting apps available for Android users in India. These apps, designed to help users manage their finances, come with a variety of features and functionalities that cater to different financial needs. With so many options available, finding the best budget app for Android in India can be a challenging task. In this article, we will discuss some of the key features to look for in a budgeting app, and provide an overview of some of the top options available in the market.
We have compiled a list of 5 Best Budget App Android India for your consideration, which have undergone rigorous testing and evaluation by our team of experts.
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5 Best Budget App Android India
Moneycontrol App is a mobile application that provides real-time updates on Indian and Global financial markets. It covers a wide range of assets from BSE, NSE, MCX, and NCDEX exchanges, allowing users to track Indices (Sensex & Nifty), Stocks, Futures, Options, Mutual Funds, Commodities, and Currencies. The app also offers features such as Portfolio and Watchlist to monitor investments, News and Personal Finance sections for a full range of news coverage, and live streaming of CNBC AWAAZ (Hindi), CNBC BAJAR (Gujarati), and CNBC PRIME HD.
The app offers seamless navigation with features such as Voice-enabled search and quick browsing through Portfolio, Markets Data, Latest News, Watchlist, Message Board, Stock-pin, Stock-Drawer, and more. It also provides the latest market data on quotes of stocks, F&O, mutual funds, commodities, and currencies from BSE, NSE, MCX, and NCDEX, in-depth market stats for stocks, futures, and options, as well as interactive and historical charts like Line, Area, Candlestick, and OHLC.
Users can stay updated with the latest market, business, and economy news, plus interviews of senior management with the News section. The Text to Speech feature allows users to listen to news and articles on the go, and there is an option to save favorite news and articles to read later, even when offline.
2. Wallet: Budget Expense Tracker
Wallet is a personal finance manager that helps users save money, plan for the future, and view all their finances in one place. It allows users to automatically stay on top of their daily expenses with bank synchronization, access weekly reports on their spending, manage debt, and track bills. Users can also share specific features with loved ones to manage budgets together. Wallet provides financial insights to help users stay in control of their personal finances and budget for the long-term.
One of the unique features of Wallet is its automatic bank updates, which securely sync transactions, categorize them, and factor them into budgets. With 3,500 participating banks worldwide, Wallet saves time by tracking all finances in one place. Users can also set flexible budgets to achieve their financial goals, and use insightful reports to gain actionable insights on their finances. Wallet also includes a bill tracker to help users never miss a due date and organize payments.
Wallet’s additional features include multiple currency support, automatic cloud sync, receipt and warranty tracking, categories and templates, geo-mapping transactions, hash-tagging, shopping lists, exports to CSV/XLS/PDF, debt management, PIN security, standing orders, notifications, reports, and more. Users can also access the Wallet Now and Wallet Life section for financial tips and advice.
To start using Wallet, users need to download the app, create an account, and start budgeting and tracking expenses. Wallet is certified with eTrust and provides routine updates with new features and improvements.
3. Walnut: Expense Tracker & BNPL
Walnut 369 is a payment service that allows users to buy now and pay later at their favorite brands’ app or website. It offers the convenience of splitting payments into 3, 6, 9 instalments or paying in full next month. The approval process takes less than a minute, and the payment experience is seamless. The service is 100% digital, and there is no paperwork involved.
Walnut is also a money manager and daily expense tracker that automatically and securely tracks monthly expenses. It helps users stay within budget, pay bills on time, and save more every month. It provides insights into how much users spend on food, shopping, groceries, etc., and how much they are saving month on month.
The app offers various features, including taking control of money and savings, shopping at top brands and using Walnut 369 to buy now and pay later, keeping a close track of credit card dues, splitting expenses with friends, and viewing all expenses in one place. It also allows for exporting data and generating expense reports and checking bank balances. The app supports over 50 Indian banks and cards.
Walnut also offers instant personal loans to eligible users through Walnut Prime, an instant line of credit for shopping, travel, emergencies, bills, or any other purpose. The interest rates for personal loans start from as low as 15% and go up to 35% per annum for personal loans ranging from 12 to 36 months tenure.
4. Goodbudget: Budget & Finance
Goodbudget is a personal finance manager and expense tracker designed for home budget planning. This tool serves as a virtual update on the traditional envelope system, providing an intuitive and proactive budget planner that helps users stay on top of their bills and finances. Goodbudget is built for easy, real-time tracking and can be synced across Android, iPhone, and the web, allowing users to share their budget with budgeting partners and keep everyone on the same page with household finances.
The Goodbudget app has received numerous recommendations from experts and has been featured in various publications, including Google, The New York Times, Forbes, LifetimeTV, Boston Globe, About.com, Lifehacker, and the Register. It has also ranked #3 in App Quality across ALL finance apps in both major app stores and has been downloaded over 3,000,000 times. The app is loved by users everywhere, which is a testament to its quality and effectiveness.
Goodbudget is chock full of features, including the ability to sync across multiple devices and web, a personal financial manager for life on-the-go, insightful reports, and support for the proven envelope system. Users can easily manage their expenses, check envelope and account balances, save for the future with goal and annual envelopes, schedule transactions and envelope fills, split expense transactions, save time with smart payee and category suggestions, and choose a budget period to match real-life. Goodbudget also offers location-based widgets and the ability to edit budgets as needed.
5. Money Manager Expense & Budget
Money Manager is an Android app that provides financial planning, review, expense tracking, and personal asset management services. It helps users manage their personal finances by recording their transactions, generating spending reports, and reviewing their financial data on a daily, weekly, and monthly basis.
To facilitate efficient asset management and accounting, Money Manager applies the double entry bookkeeping accounting system. This ensures that users’ money is deposited into their account as soon as their income is input and withdrawn as soon as their expenses are input.
The app shows users their budget and expenses by a graph, allowing them to quickly see the amount of their expense against their budget and make suitable financial inferences. Users can also manage their credit/debit card payments by entering a settlement date and arranging automatic debits.
Money Manager has a passcode feature that enables users to safely manage their financial review account book. It also offers transfer, direct debit, and recurrence functions, making personal and business asset management more efficient. Users can instantly view their expense by category and changes between each month, as well as see changes in their assets and income/expense indicated by a graph.
Other features of Money Manager include a bookmark function for frequent expenses, backup/restore capabilities, and the ability to change the starting date, use a calculator function, and turn subcategories on and off. The paid version of the app offers additional benefits such as no ads and unlimited assets.
Users can view and edit data on the app using Wi-Fi and their PC.