Premium Metal
0% Forex & Travel
Lifetime Free
10X Rewards
UPI Cards
Fuel & Utility
Showstopper
Credit Builder
More

Notifications

  • 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.

  • Activate your Credit Card within minutes and enjoy unlimited benefits

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

    The only FASTag with triple benefits

Savings Account

Want to enjoy world-class banking minus the fees? Choose IDFC FIRST Bank

Key Takeaways

  • While many banks offer savings accounts in India, their charges can eat into your hard-earned savings.
  • When you choose an IDFC FIRST Bank Savings Account, you can enjoy convenient banking services minus the charges.
  • IDFC FIRST Bank offers zero charges on all savings account services such as IMPS, RTGS, ATM cash withdrawals, non-branch transactions, and more.
12 Dec 2024 by Team FinFIRST

Have you ever checked the banking fees and charges associated with your non-IDFC FIRST Bank savings account? If you look closely, you’ll find charges for anything from SMS services to money transfers like IMPS and RTGS.

While most banks offer savings accounts, the associated charges and fees on their services can make a lot of difference. High fees and charges can add up to a lot and hurt your savings in the long run.

But with an IDFC FIRST Bank Savings Account, you don’t have to worry about these charges. IDFC FIRST Bank charges zero fees on all commonly used savings account services to offer a hassle-free banking experience. This means that you can make various transactions and place service requests without worrying about incurring additional expenses.

IDFC FIRST Bank – leading the way for ethical banking
 

An independent study by Moneylife Foundation and IIT Mumbai found IDFC FIRST Bank to be a ‘Class Apart’ among commercial banks in India, for its customer-first and ethical banking services.

Highlighting the zero fees charged by IDFC FIRST Bank on all common savings account services, the study outlined the bank’s commitment to ethical banking. It also pointed out how IDFC FIRST Bank is redefining the banking landscape with its transparent pricing policies.

Few of the many features that made the IDFC FIRST Bank Savings Account stand out as one of the best savings account in India include:

  • Zero fees on outward IMPS, NEFT, and RTGS transactions
  • No ATM withdrawal charges at ATMs of IDFC FIRST Bank as well as other banks
  • Zero fees on international ATMs and POS transactions
  • Free debit card issuance/re-issuance, PIN regeneration, and zero annual charges
  • Zero fees on cheque book re-issuance, stop payment of cheque, and cheque return
  • Free SMS alerts, doorstep banking, Balance Certificate issuance, Interest Certificate issuance, ECS return, photo attestation, signature attestation, address confirmation, etc.
  • And many more.

IDFC FIRST Bank Savings Account – A rewarding choice
 

With zero service charges on all common savings account services, IDFC FIRST Bank Savings Account is the right choice for your banking needs. Here are some additional benefits you can unlock with IDFC FIRST Bank Savings Account –

  • Attractive interest rates

You can earn interest up to 7.25% p.a. on your savings account balance. This interest rate can help you grow your savings and build a corpus for your financial goals.

  • Monthly credits

The interest that you earn on your account gets credited every month. This increases the compounding frequency of interest calculation and yields more returns.

  • Different accounts for different needs

IDFC FIRST Bank offers different types of Savings Accounts. There are specialised accounts for minors, women, senior citizens, NRIs, defence personnel, salaried individuals and more.

  • Digital process

Opening a savings account with IDFC FIRST Bank could not be easier with its online application process. With the bank offering a seamless digital platform, you can also transact online. Backed with cutting-edge technology, the IDFC FIRST Bank Savings Account offers hassle-free banking.

  • Rewarding debit card

Get a rewarding Mastercard World or VISA Classic Debit Card depending on the variant of your savings account and enjoy high transaction limits, free ATM withdrawals, complimentary insurance coverage, as well as discounts and cashbacks on your transactions.

Choose right. Choose IDFC FIRST Bank

Still looking for a rewarding Savings Account in India? Look no further.

Choose IDFC FIRST Bank to enjoy zero-fee banking and bid goodbye to high service charges. Earn up to 7.25% p.a. interest with monthly credits, boost your savings, and enjoy a variety of perks. Equipped with digital banking, multiple variants to choose from, and a rewarding debit card, the IDFC FIRST Bank Savings Account is the ideal financial management tool for you.

Select a reliable and socially responsible banking partner for your needs and opt for the IDFC FIRST Bank Savings Account!

Disclaimer

The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.

The features, benefits and offers mentioned in the article are applicable as on the day of publication of this blog and is subject to change without notice. The contents herein are also subject to other product specific terms and conditions and any third party terms and conditions, as applicable. Please refer our website www.idfcfirstbank.com for latest updates.

Contents