• Phone
    Customer care hotline 1800 10 888
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

Digital Salary Account

Despite their obvious similarities, a salary account is different from savings account in more ways than one. A salary account is the bank account in which your company credits your monthly salary. You must fill an application form which is submitted to the bank by the employer on your behalf for opening a salary account or apply online if your employer has a corporate relationship with the bank. A digital salary account like the one offered by IDFC FIRST Bank follows a digital application process and helps you access banking services 24/7. As an IDFC FIRST Bank customer, you can enjoy a zero-balance requirement, unlimited free transactions, round-the clock digital banking, and personalised services by choosing a digital salary account.

Features and benefits of digital salary accounts

Here are the key features of digital salary accounts that you must know:

Ease of account opening

The digital salary account opening process is streamlined and can be done online, ensuring that you can set up your account quickly and efficiently.

Multiple account variants

Choose an account type that suits your financial aspirations between the Platinum Plus and Classic Plus Salary Accounts. They come with unique features like zero fees on all common banking services, higher withdrawal and purchase limits, insurance benefits, and a lot more.

No minimum balance requirement

You are not required to maintain any specific balance as long as you get salary credits with any salary account type with IDFC FIRST Bank, providing financial flexibility and peace of mind.

Complimentary debit card

Enjoy a complimentary visa debit card with enhanced security features, along with higher transaction limits of up to ₹6 lakhs per day. Card holders also help you unlock various offers on card transactions. 

Unlimited ATM withdrawals

Access your funds without worrying about extra charges, as this account offers unlimited ATM withdrawals across all bank ATMs in India.

Comprehensive insurance

Enjoy complete peace of mind with extensive insurance coverage such as air accident covers worth ₹1 crore, personal accident cover of up to ₹50 lakhs, lost card liability covers worth up to ₹6 lakhs, and purchase protection worth up to ₹1 lakh.  

Digital banking services

Benefit from 24/7 access to banking services through IDFC FIRST Bank's user-friendly mobile app and net banking platform.

Additional perks

As a salary account holder, you enjoy complimentary memberships on digital platforms such as:

• TimesPrime membership for 1 year on your first salary credit above ₹25K

• Swiggy One Flagship membership every quarter on spends of ₹5000 (UPI/DC) & salary credits for 3 consecutive months to your IDFC FIRST Bank Salary Account

• Amazon Prime membership, renewed every quarter based on 3 months of regular salary credits & Standing Instructions (MF SIP/ EMI/ CC Payments) of minimum ₹5,000

Follow these steps to open a salary account online

To open a salary account online with IDFC FIRST Bank, you must follow these steps:

DIGITAL SALARY ACCOUNT FAQs

Where can I visit to open a Digital Salary Account with IDFC FIRST Bank?

You can open a Digital Salary Account with IDFC FIRST Bank conveniently through the bank’s official website or mobile app. Simply click on the ‘Open Account Now’ button to initiate the process. There is no need to visit a branch in person. Follow the online instructions to complete the application process, and your account will be opened in a few easy steps.

Who can open a digital salary account?

A digital salary account can be opened by salaried employees who are working with organisations that have a corporate salary relationship with IDFC FIRST Bank. This includes accounts like the IDFC FIRST Bank Platinum Plus or Classic Plus Salary Account, offering exclusive benefits tailored to different salary levels.

What should I do after opening a digital salary account?

Once your digital salary account is opened, ensure that your employer is informed about your new account details so that your salary can be credited. You can then start managing your finances online using IDFC FIRST Bank’s mobile app or netbanking facility. Additionally, you may explore the benefits and services that come with your IDFC FIRST Bank Platinum Plus or Classic Plus Salary Account.

I have an existing relationship with IDFC FIRST Bank. Can I open a salary account online?

If you have an existing relationship with IDFC FIRST Bank, you can easily open a salary account online by following the same account opening process that is listed above. 

What is the balance requirement of the IDFC FIRST Digital Salary Account?

You need not maintain any minimum balance while operating your IDFC FIRST Bank Digital Salary Account as long as the salary is being credited every month. 

What is the Schedule of Charges for my IDFC FIRST Digital Salary Account?

What is the interest rate offered on IDFC FIRST Bank’s Digital Salary Account?

IDFC FIRST Bank offers a competitive interest rate on its Digital Salary Accounts. The interest rates vary based on the funds in your account. The interest is calculated on the daily balance and credited to your account every month. Click here to check the latest rates.

How do I access my IDFC FIRST Bank Digital Salary Account on the mobile app?

You can access your IDFC FIRST Bank Digital Salary Account by downloading the IDFC FIRST Bank mobile app. Once downloaded, register with your details and log in using your credentials to manage your account, transfer funds, and perform various banking activities on the go.

Are there any special offers for employees with IDFC FIRST Bank Digital Salary Account?

IDFC FIRST Bank offers many special offers to employees who opt for its Digital Salary Account. Along with a zero minimum balance requirement and high transaction limits, IDFC FIRST Bank’s Digital Salary Account features complimentary insurance, offers on popular brands, complimentary membership on various digital platforms including Amazon Prime membership, TimesPrime, and Swiggy One Flagship membership to name a few.  

What exclusive benefits do I get with an IDFC FIRST Bank Digital Salary Account?

Some of the exclusive benefits include access to more than 20 premium subscriptions such as Disney + Hotstar, Amazon Prime, Swiggy One, Sony LIV, Google One and more. You also unlock exclusive discounts at more than 40 brands such as Myntra and Uber, and exclusive access to events and movie premieres. 

More FAQs

Salary Account Blogs

What is Salary Account

FEATURED

What is Salary Account & its features and benefits

A Salary Account is a type of Savings Account for salaried individuals that has some specific features and benefits, apart from helping the individual to save money on a regular basis. Learn more about Salary Account in detail in this article.

Team FinFIRST10 Dec 2023 • 3 mins read

Read Full Story

View More

Discover Our Banking Products