CKYC Registry
IDFC FIRST Bank Deposits
View all DepositsIDFC FIRST Bank Loans
View all LoansIDFC FIRST Bank Payments
View all PaymentsIDFC FIRST Bank Cards
View all CardsIDFC FIRST Bank Cash Management Services
View all Cash Management ServicesIDFC FIRST Bank Lending
View allIDFC FIRST Bank Treasury
See more detailsCustomer care hotline Call 1800 10 888
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.
Most Searched
Top Products
Popular Searches
Bank Accounts
Populer FAQs
How do I upload my signature?
Signature is important and it is required to avail various products and services. To upload your signature
1. Go to More
2. Select Customer Service Dashboard
3. Select ‘Savings/Current Accounts’
4. Select ‘Upload Signature’ to upload your signature.
How do I track service requests which I have already raised?
That's easy! Follow these steps to track your service requests:
1. From the home page of the app, tap on "Customer Service" section
2. Scroll down to "Track my service requests" to find all your requests
Sorry!
We couldn’t find ‘’ in our website
Here is what you can do :
Suggested
Get a Credit Card
Enjoy Zero Charges on All Commonly Used Savings Account Services
Open Account NowEnjoy Zero Mark-up on Forex Transactions on your FIRST WOW! Credit Card
Apply NowGet the assured, FD-backed FIRST Ea₹n Credit Card
Apply Now
Summary: IDFC FIRST Bank's Business/corporate credit card for Start-ups goes beyond credit access to give Start-ups a range of benefits. Know more about corporate cards and the difference they make for Start-ups.
Start-ups need sufficient liquid funds to meet their financial obligations and requirements. Whether it is to pay vendors, purchase raw materials and office supplies, or meet working capital needs, these funds are essential.
Being a new business, a Start-up might not have accessible funds at its disposal. Raising a business loan can prove challenging, especially with a negligible credit score. In these situations, a corporate credit card can prove to be an ideal solution. Moreover, should the card be secured, the Start-up can get it easily, even without a credit score.
Let us understand just what a corporate card is and how it helps.
Also read: The best credit card for self-employed individuals: A detailed guide
Start-ups new to credit can build their credit score with their corporate card. It would establish a line of credit, and if the bills are paid regularly, the Start-up can build a good score.
With easy access to preapproved credit, Start-ups can manage their cash flow with a corporate credit card. They can use the card for credit transactions if they are short on funds.
The credit limit on a corporate card gives Start-ups access to capital for their funding needs, be it for the short or long term.
The reward program of business credit cards allows for additional benefits. Start-ups can earn reward points on their transactions and accumulate and redeem them when and where relevant. Redemption offers on a corporate card can include merchandise, discount vouchers, credit setoffs in the bill, etc.
Many cards come with a liability protection cover that safeguards against fraudulent activities should the card be stolen and misused.
With a monthly generated credit card bill, a Start-up can keep track of all relevant business expenses easily and manage its finances accordingly.
IDFC FIRST Bank's Business Credit Card for Start-ups
IDFC FIRST Bank offers Business Credit Card for Start-ups. This card features all of the benefits discussed, including:
· Early-Stage Start-ups can avail 100% credit limit against Fixed Deposit while Growth-Stage Start-ups can avail unsecured credit limit basis eligibility with our Corporate Liability Card
· 4X Reward Points on spends like cloud services, digital marketing, etc. and 10X Reward Points on international spends in foreign currency
· Industry lowest interest (%APR) starting from 15% p.a.
· Basis repayment history, enhance credit limit up to 125% of the deposit
Comparison |
Bank A |
Bank B |
Bank C |
Bank D |
IDFC FIRST Bank |
Joining Fee per card |
₹ 2,000 |
₹ 250 |
₹ 5,000 |
₹ 1,000 |
₹ 499 |
AMC per card |
₹ 1,000 |
₹ 500 |
₹ 5,000 |
₹ 1,000 |
₹ 999 |
Card Limit to FD Value |
80% |
80% |
90% |
90% |
100% |
Step-up unsecured limit |
NA |
NA |
NA |
NA |
Upto 25% post 9 settlement cycle |
Starting interest rate (APR) |
36% |
36% |
42% |
39% |
15% |
Reward Points |
1.5X Reward on all Transactions |
2X Reward on all Transactions |
1X Reward on all Transactions |
2X Reward on all Transactions |
4X Reward Points on spends like cloud, digital marketing, etc. and 10X Reward Points on international spends in foreign currency |
Credit Period |
48 Days |
50 Days |
30 days |
30 days |
48 Days |
FX Markup Fee |
2% |
3% |
3% |
3.50% |
2% |
Also read: Beyond funding: How can startups benefit from IDFC FIRST WINGS?
Conclusion
A Start-up's horizons can expand exponentially with the application of a company credit card and the many benefits it unlocks. Choose IDFC FIRST Bank's business credit card and avail of its enhanced benefits and attractive rewards program. Enable business growth with preapproved credit to help build up a Start-up's credit score.
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.