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  • As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.

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Enterprise Account with IDFC FIRST Bank

Streamline the financial process of your business with an enterprise bank checking account. Whether its debit or credit, ensure seamless flow of incoming and outgoing transactions with IDFC FIRST Bank Enterprise Account. Support your business with our enterprise bank checking account that comes with features like-
• ₹2 lakhs of online fraud cover
• ₹1 lakh of personal accidental insurance cover* on debit cardRead More

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ELIGIBILITY

Who can apply?

Type of Enterprise

  • Resident Individual/HUF
  • Sole Proprietorship concern
  • Partnership Firm
  • Private/Public Ltd company
  • SHG
  • Government/Non-Government
  • Trust/Association
  • Panchayat
  • Farmer Communities

You need to maintain an average quarterly balance of ₹10000 per quarter to operate this account

Non-maintenance of stipulated average balance will entail a charge of ₹300/quarter

Documentation

KYC Documentation – Sole Proprietorships

  • Proof of identity* and address of the proprietor
  • PAN Card of the proprietor
  • Proof of identity, address, and activity of the concern (any two document which confirms Entity Name/ Address / Business) **
  • No objection certificate for firms enjoying credit limits from other banks

KYC Documentation – Partnerships

  • Partnership deed Certificate of incorporation/registration or proof of application
  • PAN in the name of the partnership
  • Identity proof documents* for all authorised signatories
  • Proof of Identity, address and activity of the concern (any two document which confirms Entity Name/ Address / Business including any of the above mentioned documents) **
  • No objection certificate for firms enjoying credit limits with other banks.

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Enterprise current account eligibility

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