PUBLIC NOTICE

7th December 2020

Dear Customer,

Trust, Integrity and Transparency are the three pillars that are the foundation of our relationship with you. And we keep our promise of always putting you FIRST as a starting point in everything we do.

Our relationship has strengthened over the last few years, and we would like to thank you for the faith and confidence you have put in us. With your support and love, we have been able to win many accolades like:

• FAAA/Stable for Fixed Deposit Program by CRISIL
• The Best Private Bank for Digital Innovations and Services for our Wealth Management Business, 2019

We are delighted to inform you that effective 1st January 2021, Savings account customers who hold < Rs. 1 lac with us, will get to earn 7%, instead of 6% that you were earning thus far. Congratulations!

For customers who hold > Rs. 1 crore with us, the rates on incremental balances beyond Rs. 1 crore stand reduced, thus protecting your earnings at 7% on the first Rs. 1 crore. And overall, the rates are yet among the best in the market today.

Effective 1st January 2021, the interest payable on Savings account will be calculated on a progressive basis, as per the rate slabs described below:

Account Balance slabs	Savings account Interest rate
<= ₹ 1 Cr	7.00 %
> ₹ 1 Cr<= ₹ 5 Cr	5.00 %
> ₹ 5 Cr<= ₹ 10 Cr	4.00 %
> ₹ 10 Cr	3.50 %

Interest will be paid quarterly, on daily balances, at the end of the day.

Examples:

In case your account balance with us is Rs. 5,000, the interest payable to you will be 7% on the entire Rs. 5,000.

In case your account balance with us is Rs. 5 lacs, the interest payable to you will be 7% on the entire Rs. 5 lacs.

In case your account balance with us is Rs. 1.10 crores, the interest payable to you will be 7% on Rs. 1 crore and 5% on Rs. 10 lacs.

In case your account balance with us is Rs. 5.3 crores, the interest payable to you will be 7% on Rs. 1 crore, 5% on Rs. 4 crores, and 4% on Rs. 30 lacs.

Time Norms for Various Banking Transactions

Sr.No	Type of Transaction	Time Taken
1	Cash Deposit *	Within 5 minutes
2	Cash Withdrawal *	Within 5 minutes
3	Internal Fund Transfer	Within 5 minutes
4	RTGS/NEFT	Within 5 minutes
5	Issuance of Bank statement/FD advice/Interest and other certificates	Within 5 minutes
6	Issuance of Demand Draft	Within 7 minutes
7	Payment of Demand Drafts/Cheques	Within 7 minutes
8	Collection of Cheques	As per clearing timings displayed at the branch

*For Cash Deposit and Cash Withdrawal time may vary depending upon the denomination and the amount.

Please note: The following time norms are indicative and are subject to change depending upon the volumes handled by each branch/location and peak/non-peak period.

Time Norms for various banking transactions are available at the branches for reference.

1st March 2020

Dear Valued Customer,

This is to notify all customers, who have not been maintaining the required Average Monthly Balance(AMB) in IDFC Shakti (AMB of ₹100) and IDFC Param (AMB of ₹1000) account, to maintain the required Average Monthly Balance(AMB). In failure to do so, IDFC FIRST Bank will be compelled to close the said account in 30 days from the date of this notice.

In case any ECS/SI/ Direct Benefit transfers linked to these accounts, we request them to kindly transfer the same to another active account.

Dear Valued Customer,

This is to inform that IDFC FIRST Bank will be moving its Fort Branch (40106) from 312, Dr D N Road, Fort, Mumbai, Maharashtra – 400001.

The new branch details are as follows:
• Branch Name: Mumbai - Nariman Point Branch
• Branch address: Unit no. 32, CR2 commercial complex, Plot no. 240 & 240 A, Barrister Rajni Patel Road, Nariman Point , Mumbai, Maharashtra, Pincode: 400021

Please note, there will be no change in the IFSC and MICR for the Branch and you can continue to use your existing Chequebook.

The new branch premise will be functional from 5th October, 2020.

We look forward to serving you at our new branch. Should you have any queries or require assistance, please contact our Branch Manager- Prateek Garg on 9833510415. You can also email/ call us on -Banker@idfcfirstbank.com /1800 419 4332

Important Notice:

1. The Schedule of Charges for your Param & Vishesh Savings Account has changed. For details, please click here.

2. With effect from 1^st April'19, there is a revision in Schedule of Charges applicable for Savings Accounts.

Following are the changes in schedule of charges:

Non-Maintenance charge for not maintaining the required Average Monthly Balance (AMB)

#	Products	Existing Charge	New Charge
1	Savings Regular 25K	Nil	>= 20000 to < 25000 – Rs.50/- >= 15000 to < 20000 – Rs. 100/- >= 10000 to < 15000 – Rs. 150/- >= 5000 to < 10000 – Rs 200/- < 5000 – Rs 400/-
2	Savings Sr Citizen 25K	Nil	>= 20000 to < 25000 – Rs.50/- >= 15000 to < 20000 – Rs. 100/- >= 10000 to < 15000 – Rs. 150/- >= 5000 to < 10000 – Rs 200/- < 5000 – Rs 400/-
3	Online SA with Signature DC	Nil	>= 20000 to < 25000 – Rs.50/- >= 15000 to < 20000 – Rs. 100/- >= 10000 to < 15000 – Rs. 150/- >= 5000 to < 10000 – Rs 200/- < 5000 – Rs 400/-
4	NRE - Savings Account & NRO - Savings Account	Nil	>= 20000 to < 25000 - Rs.50/- >= 15000 to < 20000 - Rs. 100/- >= 10000 to < 15000 - Rs. 150/- >= 5000 to < 10000 - Rs 200/- < 5000 - Rs 400/-

Free ATM withdrawal limit in the event of non-maintenance of AMB

#	Products	Existing ATM Transaction Charge (Across any ATM)	New ATM Transaction Charge
1	Savings Regular 25K	First 5 ATM transactions – Free 6th transactions onwards: Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transactions (for e.g. balance enquiry)	IDFC FIRST Bank ATM: 5 Free, 6th transaction onwards, Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transaction. Other Bank ATM: 5 Free, 6th transaction onwards, Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transaction.
2	Savings Sr Citizen 25K	First 5 ATM transactions – Free 6th transactions onwards: Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transactions (for e.g. balance enquiry)	IDFC FIRST Bank ATM: 5 Free, 6th transaction onwards, Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transaction. Other Bank ATM: 5 Free, 6th transaction onwards, Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transaction.
3	Online SA with Signature DC	First 5 ATM transactions – Free 6th transactions onwards: Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transactions (for e.g. balance enquiry)	IDFC FIRST Bank ATM: 5 Free, 6th transaction onwards, Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transaction. Other Bank ATM: 5 Free, 6th transaction onwards, Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transaction.
4	NRE - Savings Account & NRO - Savings Account	First 5 ATM transactions - Free 6th transactions onwards: Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transactions (for e.g. balance enquiry)	IDFC FIRST Bank ATM: 5 Free, 6th transaction onwards, Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transaction. Other Bank ATM: 5 Free, 6th transaction onwards, Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transaction.

Free ATM withdrawal limit on Savings Kids (U/G) product

#	Products		Existing ATM Transaction Charge (Across any ATM)		New ATM Transaction Charge
1	Savings Kids (U/G)		Unlimited Free		IDFC FIRST Bank ATM: Unlimited Free Other Bank ATM: 10 Free, 11th transaction onwards, Rs. 20 + taxes for every cash withdrawal Rs. 8 + taxes for any other transaction.

3. With effect from 1^st Aug'18, there is a revision in Schedule of Charges applicable for Corporate Salary Accounts. Please click here for revised schedule of charges

Changes as follows:

Corporate Salary Account with Signature Debit Card
Unlimited Free ATM Transactions at IDFC and Non IDFC Bank ATMs, is subject to the below mentioned criteria being met
- Have at least one credit transaction (preferably salary) of Rs. 15,000 or above during the month

Corporate Salary Account with Platinum Debit Card
Unlimited Free ATM Transactions at IDFC and Non IDFC Bank ATMs, is subject to the below mentioned criteria being met
- Have at least one credit transaction (preferably salary) of Rs. 10,000 or above during the month