Open Salary Account Online

With an IDFC FIRST Bank Salary Account, experience the joy of earning monthly interest credits on your Salary Account. With this feature, you earn 'interest on interest' with the power of monthly compounding. IDFC FIRST Bank is the first universal bank in India to provide this feature, contrary to the standard practice of crediting interest to your Salary Account every quarter.

Monthly interest payouts are better than quarterly interest payouts, because when you get interest credited in Month 1, the interest in Month 2 is paid on your opening balance + interest received in Month 1 and so on. So, you earn more on your savings! 

Interest will be calculated on progressive balances in each interest rate slab, as applicable. Please note, interest rates are subject to periodic change. 

IDFC FIRST Bank offers Zero Fee Banking with its Salary Accounts, which lets you enjoy 36 Salary Account services like IMPS, NEFT, RTGS, ATM transactions, Cash transactions, Cheque book issuance, SMS alerts and many more at Zero Charges.

Know more about Zero Fee Banking here: https://www.idfcfirstbank.com/zerofeebanking-salary-account

You can open your IDFC FIRST Salary Account both online and at a bank branch. Here are the documents you need:

Offline: To open a Salary Account at a bank branch, you need an Aadhaar and PAN card along with proof of employment. Valid proof of employment includes your:

i.Employee ID Card issued by the corporate where you are currently working.

ii.Self-attested appointment Letter issued by the corporate where you are currently working.

iii.Letter / Email issued by Employer where you are currently working.

Click here to find your nearest IDFC FIRST Bank branch.

Online: To open a Salary Account online, you require an Aadhaar and PAN card, along with a valid official email address.Click on this link to open an account.

You can add funds to your Salary Account through the following ways:

- Any bank’s Net Banking/mobile app. Simply add your IDFC FIRST Bank account details (Account number and IFSC code)

- The IDFC FIRST Mobile Banking app by clicking on the “Add funds” option which lets you add / transfer money from your other bank accounts

- Deposit a cheque at any of our branches

- Deposit a cheque at any IDFC FIRST Bank ATM

- Using any UPI app connected to your UPI ID

We offer multiple methods to track your IDFC FIRST Bank Salary Account. Here are a few ways you can do it:

- Net Banking

- Mobile App

- WhatsApp Banking

- Monthly Account statements sent to your registered email ID

Yes, you can add 1 nominee to your Salary Account.

You can add a nominee to your Salary Account in any one of the following ways:

- Via Net Banking or the IDFC FIRST Mobile Banking App

- By visiting your nearest IDFC FIRST Bank branch

Yes, you can continue using your Salary Account with IDFC FIRST Bank if your new employer has a banking relationship with IDFC FIRST Bank. You can speak to your company’s HR team and get your existing IDFC FIRST Bank Salary Account mapped to the payroll system.

Platinum Plus and Classic Plus are two different variants of Salary Accounts.

- Customer with monthly salary of ₹15,000 to ₹50,000 are eligible to open a Classic Plus Account.

- Customer with monthly salary greater than ₹50,000) are eligible to open a Platinum Plus Account.

You may visit the nearest branch, fill the account upgrade form and get your account upgraded from Platinum to Platinum Plus Salary Account. Benefits like Times Prime, Swiggy One Lite and Amazon Prime will not apply on upgraded accounts.

You may visit the nearest branch, fill the account upgrade form, and get your account upgraded from Classic Salary Account to Classic Plus Salary Account. Benefits like Times Prime, Swiggy One Lite and Amazon Prime will not apply on upgraded accounts.

Opening a Salary Account with IDFC FIRST Bank offers a range of benefits, including zero balance requirements, attractive interest rates, and free unlimited ATM transactions across India and zero fees on all common banking services. You can also enjoy domestic airport lounge access, cashback offers on debit card spends, complimentary personal accident insurance, trip cancellation benefits, and preferential rates on loans. This account helps you bag exclusive access to 20+ OTT subscriptions, and 40+ brand discounts with Times Prime, apart from unlocking Swiggy One & Amazon Prime memberships. Depending on your needs, you can opt from two salary account variants, the Platinum Plus and Classic Plus Salary Account.

With an IDFC FIRST Bank Salary Account, you earn one of the highest interest rates in the industry. Navigate to the interest rates section to know the exact interest earnings based on the funds in the account. The interest rate is calculated daily and credited to your account monthly, ensuring maximum returns on your savings.

Like most salary accounts, the IDFC FIRST Bank Salary Account requires no minimum balance as long as your employer credits your salary to that account. If the employer does not credit any salary for more than three months, you must maintain the AMB (average monthly balance) as per the account variant, otherwise charges will be incurred on the amount.

Yes, your IDFC FIRST Bank Salary Account can be used for various purposes, including making online payments, transferring funds, and setting up automatic bill payments, investing in FDs, RDs, mutual funds, and more. It functions like a regular savings account with added benefits.

To be eligible for IDFC FIRST Bank’s Salary Accounts, you need to fulfil the following salary criteria:

· Platinum Plus Salary Account: You need to have at least ₹50,000 credited in your account every month.

· Classic Plus Salary Account: You need to have at least ₹25,000 credited in your account every month.

Yes, you receive a debit card with your salary account. The IDFC FIRST Bank Platinum Plus and Classic Plus Salary Accounts offer visa debit cards with various benefits, including cashback offers on purchases and higher withdrawal limits, and insurance benefits like purchase protection and lost card liability cover.

No, there are no charges for the debit card provided with your IDFC FIRST Bank Salary Account. It is issued free of cost, and you can enjoy all associated benefits without any hidden fees.

Yes, you get a complimentary cheque book with your IDFC FIRST Bank Salary Account. You can request additional cheque books free of charge if required.