Health FIRST Savings Account

When it comes to your health, there are no shortcuts. We believe that you should secure your health and grow your earnings at the same time. With a Health FIRST savings account, you can claim settlement on both cashless and reimbursement basis. It covers all pre-hospitalisation charges for 30 days and post-hospitalisation charges for 60 days along with day care treatment.Read More

Enjoy the dual benefits on your IDFC FIRST Bank Health FIRST Savings Account with an interest rate of up to 6% and a super top-up health insurance of ₹10 lakhs with premium starting at ₹3,750 per annum, no pre-policy medical examination, and much more.Read Less

Free Visa Card 

Health Insurance Cover of
₹10 lakhs | Air accident insurance cover of ₹1 Cr

Interest up to 5%

VISA Signature Debit Card

Higher cash withdrawal of ₹2 lakhs and higher purchase limit of ₹6 lakhs

  • 10% cashback up to ₹250 on your 1st POS transaction
  • Higher daily purchase limit of ₹6 lakh and
    higher daily ATM withdrawal limit of ₹2 lakh
  • Get ₹250 cashback every month on BookMyShow.com
  • Free and unlimited ATM transactions:
    at any bank, anywhere in India

VISA Classic Debit Card

  • Daily cash withdrawal of ₹1 lakh and higher
    purchase limit of ₹1.5 lakh
  • Personal accident insurance coverage up to ₹2 lakh
  • Lost card liability protection up to ₹50,000
  • 5 Free financial ATM Transactions at IDFC FIRST &
    5 Free financial Transactions at Non-IDFC FIRST Bank ATM locations

CALCULATOR

Earn more with your Health First Savings Account

Choose account balance

1L 2cr

Number of years planned for savings

1 Year 50 Year

Choose your existing bank interest rate

2.5 % 6 %

Simulation Results:

What you earn with IDFC FIRST Bank Savings A/c -

What you currently earn with your existing bank -

What you can earn more with our bank -

  • Vundavalli
    Vundavalli Jagadish V C

    "I have been using the IDFC FIRST Bank Health First saving account. The premium rates for health insurance are great, along with good interest rates and zero maintenance charges with amazing benefits and privileges. Moreover, I want to praise the phenomenal team at IDFC FIRST Bank Rajmundry branch, who are successfully delivering a hassle-free banking experience to customers."

ELIGIBILITY

Who Can Apply?

  • Indian citizens
  • Residents of India
  • Age limit: 21 to 55 years at the time of application

Documentation

  • Passport-size photograph
  • Aadhaar Card
  • If you have a PAN Card, it is mandatory to provide it while opening your account
  • Passport
  • Voter’s Identity Card (Election Card)
  • Permanent and valid driving license with photograph
  • Job Card issued by NREGA duly signed by an officer of the State Government
  • Letter issued by the National Population Register containing details of name and address.

Health First Account Eligibility

FREQUENTLY ASKED QUESTIONS

What are the individual requirements to open an IDFC FIRST Bank Health FIRST savings account?

In order to open a Health Savings Account with IDFC FIRST Bank, you must meet the following criteria:

  • You must be a citizen of India
  • You must be a resident of India
  • You must maintain an average monthly balance of ₹25,000 to avoid charges

How can I open a IDFC FIRST Bank Health FIRST Savings Account

You can open a Health FIRST Savings Account by reaching out to any IDFC FIRST Bank representative or by walking into the nearest IDFC FIRST Bank branch centre

What are the key features of super top-up health insurance?

Once you open a health savings account with IDFC FIRST Bank, you gain access to the following super top-up health insurance features:

  • Claim settlement available on cashless and reimbursement basis
  • Competitive pricing on premium
  • Day care treatment will be covered
  • Pre-hospitalization charges for 30 days and post-hospitalization charges for 60 days will be covered
  • The premium will be basis the age bracket of the applicant

What is the sum insured available with this super top-up health insurance?

This is a super top-up health insurance cover with a ₹2 lakhs deductible, where medical expenses incurred up to ₹2 lakhs will be paid by the customer or via existing health insurance policy, and medical expenses above ₹2 lakhs up to ₹12 lakhs will be covered by ICICI Lombard (Additional cover of ₹10 lakhs post the deductible of ₹2 lakhs)

Who can avail of this super top-up health insurance?

Both new and existing customers can avail of this super top-up health insurance product. This product is a clubbed offering available with IDFC FIRST Bank Health Savings Account. The premium will be basis the age bracket of the applicant given below:

ICICI Lombard Premium Grid
Sum Insured ₹10 Lakhs/Deductible = ₹2 Lakhs
Customer’s age at the time of application Premium Amount (including taxes as applicable)
21-35 ₹3,750
36-45 ₹4,250
46-50 ₹6,400
51-55 ₹10,750

What is the validity period for this Super Top-up Health Insurance?

The policy is valid for 1 year from the day of 1st premium debit and can be renewed annually by the customer.

What is the frequency of interest pay-out?

Interest earned on your Health Savings Account balance shall be credited to your account on a quarterly basis.

What is the initial pay in amount required for opening your IDFC FIRST Bank Health FIRST Savings Account?

A minimum amount of ₹25,000 is required for opening your IDFC FIRST Bank Health FIRST Savings Account. We will be very happy if you want to open a health savings account with a higher amount!

What is the minimum account balance required to be maintained monthly in the IDFC FIRST Bank Health FIRST Savings Account?

Average Monthly Balance (AMB) required for Health Savings Account is ₹25,000. Please click here to see the applicable Schedule of Charges.

How is the average monthly balance (AMB) calculated?

Every day, from the 1st to the end of the month, we take the balance in your account at the end of the day. We total them all up, and divide by the number of the days in the month. That's it!

What are the charges levied for non-maintenance of average monthly balance (AMB)?

Click here to know more about the applicable non-maintained charges on your Health FIRST Savings Account.

What are the modes through which one can track IDFC First Bank Health FIRST Savings Account?

You can track your IDFC First Bank Health FIRST Savings Account through the following modes: Monthly email statements sent to registered email ID, internet banking, and through regular updates of your passbook (if you still use passbooks).

How can I learn more about IDFC FIRST Bank Health FIRST Savings Account Interest Rates?

IDFC FIRST Bank's Health Savings Account interest rate is our testament to putting our customers first. We offer 5% p.a on Health First savings account.

What's more! You earn this interest on your entire balance, starting from the first rupee. That means you earn every single day. We pay out this interest every 3 months.

 

Hurry! Make the most of this unique opportunity. Click here to know more.

Please note that interest rates are subject to periodic change.

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