FIRST Millennia
FIRST Classic
FIRST Select
FIRST Wealth

Notifications

  • Happy Teachers' Day! Thank you for teaching us the value of Savings

    teachers-day
  • Home Loans, now at 6.90% p.a.

    Unlimited benefits with a start-to-finish digital process with IDFC First Bank Home Loans

    Home Loan
  • Activate your Credit Card within minutes and enjoy unlimited benefits

  • One FASTag, three payments:Toll, fuel and parking

    The only FASTag with triple benefits

Merchant Multiplier Account Fees and Charges

Details

Description of Charge/Feature Merchant Multiplier Account
Average Monthly Balance Requirement (in ` NIL
Charges for non maintenance of required balance NA
Cash Deposit Free Limit Up to 20 times credit throughput of POS + UPI (Maximum `30 lakhs per month)
Cash Deposit Charges above free limit `3 per 1000 
Cheque Returns Deposited – `50 per cheque, Issued- `250 per cheque
Cheque Book Issuance Free-100 leaves per month; `2 per leaf beyond free limit
DD issuance Bank Locations: Free Correspondent Locations: `30 per DD

Debit Card & ATM Charges

Debit Card Issuance Free - Platinum
Annnual Fees / Replacment 1Free - Platinum
ATM Transaction Charge at any ATM in India 5 Free per month; Beyond free limit Financial: `20 Non-Financial: `8 (Free at IDFC FIRST Bank ATM)
International ATM or POS transaction Free, only forex mark up 2% of the transaction value will be applicable

Payment Services

Intra-Bank Fund Transfer - Branch Free
Intra-Bank Fund Transfer -Internet Banking Free
RTGS Payment - Branch Free
RTGS Payment - Internet Banking Free
NEFT Payment - Branch Free
NEFT Payment - Internet Banking Free
IMPS Free
DD - Duplicate Issuance Free
DD Cancellation/Revalidation Free
Stop Payment per Instruction Free

Collection Services

Intra-Bank Fund Transfer Collection
Free
RTGS Collection
Free
NEFT Collection
Free
Cheque Collection - Local Clearing
Free
Outstation Cheque Collection - IDFC FIRST BANK locations
Free
Outstation Cheque Collection - Correspondent Bank locations
Free
Outstation Cheque Collection - Other locations
Free

Other Services

Account Statement Physical Free
Account Closure Free
SMS/ E mail Alerts Free
Phone Banking Free
Net Banking Free
Mobile Banking Free
Standing Instruction- Setup/Execution/Amendment Free
Bill Payment- Netbanking Free
Bankers Verification (Photo/ Signature/ Address) Free
Balance Confirmation Certificate Free
Record Retrieval Free
Interest/ TDS Certificate Free
Balance Enquiry (Branch/ Channels) Free

Know More