I want to know if such an app is already available on Play store or somewhere else for Android.
I have tried a few but they are really bloated with unnecessary options.
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What about Mint?:
Effortlessly stay on top of bills
At last, your bills and money are together in one place and easier than ever to manage. Just add your bills to see how helpful we can be. See bills and money in one place. Get alerts and schedule payments on the spot. Say goodbye to late fees. Stop logging into multiple sites. Deliver payments fast.
What about Spendee? It is as simple as you describe and contains a lot of the features that you want like