Customer care hotline Call 1800 10 888
Login to the new experience with best features and services
A savings account is a secure deposit account that you can use to store your money safely while actively earning competitive interest on the balance. This account provides instant access to your funds, making it convenient to deal with daily transactions.
With IDFC FIRST Bank’s savings bank account, you enjoy the perfect blend of safety, convenience, and growth. Designed to suit your lifestyle, our savings accounts offer competitive interest rates of up to 7.00% p.a., with monthly interest payouts, helping you reach your goals faster with consistent compounding growth on your funds.
What truly sets IDFC FIRST Bank apart is our zero-fee banking on all savings account services. By opening a savings account with us, you can enjoy unlimited access to services like IMPS, NEFT, RTGS, and ATM withdrawals across all banks in India—without worrying about hidden charges or unexpected costs.Read
More
Whether you are planning for short-term needs or building wealth for the future, now is the right time to open a savings bank account with IDFC FIRST Bank. Our advanced mobile banking app lets you manage funds, monitor expenses, invest, and even access rewards—all from one convenient platform.
Recognised as a “Class Apart” among commercial banks in India by IIT Bombay and Moneylife Foundation, IDFC FIRST Bank stands committed to fair service practices and customer-first innovation. When you open a bank account online with us, you're choosing unmatched transparency, powerful tools, and real value.
Take the smarter step forward—open a savings account online with IDFC FIRST Bank and experience a better way to save, transact, and grow your wealth with confidence.
Read
less
₹35 lakhs free personal accident insurance cover | ₹1 Cr free air accident insurance cover
Interest up to 7.00% p.a.
IDFC FIRST Bank offers competitive interest rates on its savings account, ranging from 3% per annum to an impressive 7.00% per annum, based on the account balance. Interest is calculated daily on the closing balance and is credited monthly for maximum returns.
This method of compounding significantly enhances your returns, making it easier to achieve your financial goals.
Zero-fee banking
Enjoy Zero Charges on All Savings Account Services. These zero-fee services include bank transfers like IMPS, NEFT, and RTGS, SMS Alerts, issuance of a debit card, demand draft, and interest certificate; ATM transactions, and more. Access all essential services with ease without hidden costs.
Monthly interest credits
Experience the peace of mind that a predictable source of additional income provides with monthly interest credits on your savings account balance. The interest is calculated daily, based on your end-of-day balance, and is credited to your account monthly. Enjoy the rewards of your savings more often.
Competitive interest rates
Enjoy competitive interest rates and earn interest on your savings account balance of up to 7.00% per annum. Such a high interest rate ensures that your money works hard for you. Watch your savings grow rapidly and meet various financial goals with ease.
Free and unlimited ATM withdrawals
Transact with ease and access your funds anytime with free and unlimited ATM withdrawals. This ensures that you can maintain complete liquidity and control over your savings account balance.
IDFC FIRST Bank – A Class Apart
IDFC FIRST Bank has been recognized as a 'Class Apart' by the pathbreaking study conducted by Moneylife Foundation and IIT Bombay for fairness in service charges on our Savings Account. This pioneering study titled 'Benchmarking Reasonableness of Service Charges by Banks in India' has earned IDFC FIRST Bank an 'A category' ranking for our unmatched ZERO FEE Banking promise
All the features of an IDFC FIRST Bank Savings Account make it easy to meet your savings goals. With a high interest rate up to 7.00% p.a., monthly interest credits, and zero charges on all Savings Account services, you save in every way when banking with us. What’s more, the revolutionary mobile banking app helps analyse and plan your finances with tools like expense tracking, cashflow analysis, and more.
Enjoy several discounts and cashback offers on your savings account debit card. From instant discounts and deals on various restaurants and brands, save big each time you spend. IDFC FIRST Bank also has one of the most rewarding loyalty program in place for you. As a FIRST Rewards member, earn points on everyday purchases and redeem them with ease on our portal through various exciting options.
Not only can you open a bank account online with IDFC FIRST Bank, but also bank with ease 24x7 using our intuitive Internet banking platform and mobile banking app. Seamlessly manage your savings account, initiate bank transfers, check balances, and more with our cutting-edge digital solutions. You can track spends, earn rewards, and invest in mutual funds all in just a few clicks. So, with both savings and investing, your savings bank account has got you covered. You can also make use of the cash flow analysis feature that can help you budget and plan financially in a more effective manner.
Enjoy 24x7 customer support for all your savings account banking needs and have your queries addressed with efficiency and care. Whether you want to get your queries solved on a phone call or on WhatsApp, receive quick assistance and have a smooth banking experience.
IDFC FIRST Bank has been recognized as a 'Class Apart' by a pathbreaking study conducted by Moneylife Foundation and IIT Bombay for fairness in our Savings Account service charges. This pioneering study titled 'Benchmarking Reasonableness of Service Charges by Banks in India' ranked IDFC FIRST Bank in the 'A category' for its unmatched zero-fee banking promise.
₹10K ₹100Cr
1.5% 4 %
Interest you earn with IDFC FIRST Bank *
*Interest calculated considering monthly interest credit with the power of monthly compounding and on progressive balances in each interest rate slab, as applicable.Interest you earn with your Bank **
**Interest calculated considering quarterly interest credit (Most universal banks credit savings interest quarterly).Additional interest you earn with us
The welcome vouchers/benefits offered upon opening an account have been discontinued w.e.f. 1st July 22
Exclusive rewards, free delivery, and special deals—Only for IDFC FIRST Cardholders
As a FIRST Rewards member, you earn points on everyday purchases made with your IDFC FIRST Bank Debit Card. Redeem them for maximum value from a range of options and partners.
IDFC FIRST Bank Savings Account offers unmatched convenience with Zero Fee Banking on all savings account services, including fund transfers, ATM withdrawals, Debit Card, DD issuance, chequebook reissuance and more. This feature is available on both ₹25,000 AMB and ₹10,000 (AMB) account variants.
Only Average Monthly Balance non-maintenance charges are applicable. These charges are transparently communicated, ensuring there are no hidden costs.
With a focus on customer satisfaction, IDFC FIRST Bank ensures that your Bank Account remains accessible, affordable, and tailored to your financial needs.
Testimonials
"I love the way the onboarding process of IDFC FIRST Bank Savings Account is set up and executed. Being a product manager myself, I appreciate the smooth and clean user experience that the bank offers."
Mahalaxmi
"Was hesitant initially on the video KYC process, but once the account was opened, with WhatsApp updates as well as the debit card and Welcome kit shared at record time, I was happy with the service. Thanks for this great experience. I never expected that an online process would be so easy and smooth. Thanks for the same."
Sherly Sabu
"I'm very happy to be a part of the IDFC FIRST Bank family. Thank you for providing the best service. "
Mohammed Aleem
"I actually cannot think of anything about IDFC FIRST Bank's Savings Account opening process that would have satisfied me better. Please keep doing what you’re doing. All the best."
K P Balaji
“Recently I opened a savings account with IDFC FIRST Bank. Firstly, in terms of the process to open savings account, it is truly hassle-free. Thanks for being ahead in terms of customer satisfaction and banking services, making it easy for new customers like me. I wish IDFC FIRST Bank a great future and looking forward to a long term association.”
Pitruprasad Dash
“I recently opened a Savings Account with IDFC FIRST Bank, and I must tell you that I'm really happy with the features and benefits offered by the bank. The netbanking services are quite advance which makes the process easy. Also, the IDFC FIRST Bank employees are cordial and helpful, making the overall experience a pleasant one.”
Sougata Das
Disclaimer: With IDFC FIRST Bank Savings Accounts, enjoy Zero Charges on all Savings Account services. These services are being offered free in good faith, and in case of misuse of services, the Bank reserves the right to levy charges. Forex mark-up fee will be applicable on International ATM/POS/Debit card transactions. Average Monthly Balance non-maintenance charges applicable for Savings Account. T&Cs are subject to periodic changes. All rights reserved.
When you plan to open a savings account, keeping the following tips in mind can help you make an informed decision:
1. Interest rate: Choose a bank that offers a high interest rate to grow your savings faster. IDFC FIRST Bank offers up to 7.00% p.a. interest, credited monthly.
2. Charges and fees: Review the bank’s fee structure. Opt for accounts like IDFC FIRST Bank’s savings bank account, which offers zero-fee banking on all common banking services.
3. Digital convenience: Ensure the bank provides a simple process to open a bank account online, along with features like video KYC and mobile app support.
4. Minimum balance requirement: Look for accounts with flexible minimum balance requirements that suits your financial plans. IDFC FIRST Bank offers two account variants i.e. 25K AMB (Average Minimum Balance) and 10K AMB savings account that you can choose based on your needs. 5. Value-added benefits: Consider added perks such as debit card offers, insurance, and integrated investment options for a complete banking experience.
A Savings Account is a deposit account offered by banks. This account helps you to deposit your funds and earn interest. With the IDFC FIRST Bank Savings Account, available in ₹10,000 Average Monthly Balance (AMB) and ₹25,000 AMB variants, you can safely park your funds and enjoy competitive interest rates.
A Savings Account encourages consistent saving due to the interest component, while also offering liquidity and quick access to funds via ATM, online banking and cheques. Though Savings Accounts offer a lower interest rate compared to Fixed Deposits, they provide greater flexibility.
You can open an IDFC FIRST Bank Savings Account via the online mode by visiting the Bank’s official website or mobile app. First, choose between the ₹10,000 Average Monthly Balance (AMB) or ₹25,000 AMB variant as per your needs. Next, fill out your details, submit your Aadhaar number and PAN, and complete the KYC verification. Setting up your Savings Account online with IDFC FIRST Bank is easy and seamless!
With the IDFC FIRST Bank Savings Account ₹10,000 Average Monthly Balance (AMB) and ₹25,000 AMB variants, interest earned on the Savings Account balance is credited each month instead of quarterly. This enhances your overall interest earnings, provides quicker returns, and helps your savings grow faster compared to accounts that credit interest quarterly.
No, IDFC FIRST Bank Savings Account offers zero-fee banking on all common services, including fund transfers, ATM withdrawals, Debit Cards, Demand Draft (DD) issuance, and chequebook re-issuance, even for non-home branch transactions. This applies to both ₹25,000 Average Monthly Balance (AMB) and ₹10,000 AMB account variants.
You can track transactions via IDFC FIRST Bank’s mobile app, internet banking, SMS alerts, email statements, and ATMs. These online and offline platforms provide real-time updates, mini statements, detailed account summaries, and instant notifications for every transaction. This helps maintain full transparency and allows you to stay updated with your banking activities.
Yes, IDFC FIRST Bank allows you to open a Joint Savings Account. You can open it with a family member or partner, and both account holders can operate the account jointly or as per the instructions given while opening the account.
A Savings Account is meant for individuals to save money and earn interest, with limited monthly transactions. For example, the IDFC FIRST Bank Savings Account comes in ₹10,000 and ₹25,000 Average Monthly Balance (AMB) variants, offering attractive interest rates and monthly interest credits.
A Current Account is designed for businesses with higher transaction needs and generally does not offer interest. However, it provides features like Overdraft facilities.
The minimum age requirement to open an IDFC FIRST Bank Savings Account is 18 years. Minors can also open and maintain Savings Accounts under a guardian’s supervision through IDFC FIRST Bank’s specially designed Minor’s Savings Accounts. While minors can open a joint account with their parents and guardians, IDFC FIRST Bank also offers a self-operated minors savings account, the IDFC FIRST Prodigy Savings Account, that is designed as per the needs of those aged between 10 to 18 years. The account comes with benefits like high interest rates with a monthly interest payout, high daily debit limit of ₹40,000, education cover of ₹5 lakhs to secure child’s education, and domestic lounge access once every quarter subject to maintaining AMB.
Yes, minors can open a Savings Account. IDFC FIRST Bank offers Minor’s Savings Accounts that can be opened jointly with a parent or legal guardian. These accounts help children develop financial awareness while earning interest and accessing digital banking tools under parental supervision.
For young kids between the ages of 10 to 18 years, IDFC FIRST Bank also offers a self-operated minor’s account, the FIRST Prodigy Savings Account. The account offers unique features like high interest rates with a monthly interest payout, total daily debit limit of ₹40,000 to meet the child’s expenses, and free child education cover worth of ₹5,00,000. It also comes with special benefits like domestic airport lounge access once every quarter and extensive insurance coverage.
Yes, you can set up automatic payments and standing instructions from your IDFC FIRST Bank Savings Account. This feature allows you to automate bill payments, Equated Monthly Instalments (EMIs), investments like Systematic Investment Plans (SIPs) in Mutual Funds, or fund transfers, ensuring timely transactions and better financial management without manual intervention.
Opening a Savings Account online with IDFC FIRST Bank is quick, paperless, and convenient. You benefit from high interest rates, zero-fee banking, monthly interest credits, easy video KYC, and 24/7 access to banking services through a secure mobile app and internet banking.
Based on your financial preference, you can choose between two Savings Account variants—₹10,000 and ₹25,000 Average Monthly Balance (AMB) accounts.
IDFC FIRST Bank offers zero-fee banking across all Savings Account variants, including ₹10,000 and ₹25,000 Average Monthly Balance (AMB) variants. Customers enjoy zero charges on all Savings Account services like IMPS, NEFT, RTGS, ATM withdrawals (even from other banks), Debit Card issuance, annual fees, SMS alerts, chequebook re-issuance, and many more.
There are no hidden charges for services like doorstep banking, ECS returns, and duplicate passbook issuance. For non-maintenance of Average Monthly Balance (AMB), a nominal charge applies: 6% of the shortfall or ₹500, whichever is lower, for both the ₹10,000 and ₹25,000 AMB account variants. However, Minor’s Savings Accounts (under guardian) have no AMB requirement.
To maximise the benefits of your IDFC FIRST Bank Savings Account, begin by choosing the right Average Monthly Balance (AMB) variant, ₹10,000 or ₹25,000, based on your financial needs. Maintain the required minimum balance, use digital banking features, set up automatic savings, and take advantage of the high interest rates.
Also, use your Debit Card for rewards, keep track of monthly interest credits, and explore value-added services like insurance, and investment options, for optimal savings growth.
With an IDFC FIRST Bank Savings Account, personal details like your mobile number or email ID, address and nominations can be updated through internet banking, the mobile app, or customer care. Ensure you have your Aadhaar, PAN, and other necessary documents handy for verification.
You can contact IDFC FIRST Bank’s customer support easily. The customer care hotline number is 1800 10 888. You can refer to it at the top right corner of the bank’s official website. You can also contact customer care via the mobile app, internet banking chat, or by visiting the nearest branch.
IDFC FIRST Bank offers two types of Savings Accounts based on the AMB (Average Monthly Balance) requirements: one requiring ₹10,000 Average Monthly Balance (AMB) and the other requiring ₹25,000 AMB. These account types offer benefits like high interest rates, monthly interest credits, zero-fee banking, and easy access to digital banking features.
Based on the type of applicants, IDFC FIRST Bank also offers the following Savings Accounts:
• FIRST Power Women’s Savings Account – A savings account specifically designed for women that offers features like complimentary medical benefits through MediBuddy, discount on locker rentals, exclusive offers on Debit Card, monthly interest payouts, and higher interest rates.
• Seniors Citizens Savings Account – This account is designed for seniors above the age of 60 years and comes with medical benefits through MediBuddy, ₹2 lakhs coverage against online fraud, 0.5% additional ROI on FD and free doorstep banking.
• Minor’s Savings Account - Designed for minors, this account can be opened jointly with parents or guardians. Also, minors aged between 10 to 18 years can open a FIRST Prodigy Savings Account, a self-operated minor savings account that offers features like monthly interest payouts, high daily debit limit of ₹40,000, education cover of ₹5 lakhs, and more.
The minimum balance requirement in an IDFC FIRST Bank Savings Account depends on the variant you choose. It is either ₹10,000 Average Monthly Balance (AMB) or ₹25,000 AMB. Maintaining the required balance helps you enjoy the full benefits of zero-fee banking and uninterrupted services without any penalty.
You can earn up to 7.00% per annum interest on your IDFC FIRST Bank Savings Account. The interest is credited monthly, which helps your money grow faster compared to banks offering quarterly credits. This allows your returns to be compounded more efficiently and boosts your overall savings.
You can transfer funds from a Savings Account via distinct modes. These include NEFT, RTGS, IMPS, and UPI. These options are available via internet banking, mobile banking app, ATMs, and even branch visits. Note that with IDFC FIRST Bank, you can be assured about seamless and quick fund transfers without any additional charges.
Go for a Savings Account offering high interest rates, zero or minimal charges, easy digital access, and value-added benefits. Value-added benefits may be in the form of Debit Card offers and investment options. Prioritising these factors ensures maximum returns, convenience, and an overall good banking experience.
The IDFC FIRST Bank Savings Account checks all these boxes with high interest rates, monthly interest credits, zero-fee banking and various account types like the Women’s savings account, Minor’s savings account, Senior Citizen savings account, designed to meet your specific needs.
To open a Savings Account online with IDFC FIRST Bank, you must submit your Aadhaar number and PAN. These documents assist in completing the KYC procedure via a secure digital verification, allowing you to open your bank account without visiting a bank branch.
Resident individuals and eligible foreign nationals living in India with valid documentation can open a Savings Account with IDFC FIRST Bank. To smoothly open the account, applicants must complete the KYC process by providing Aadhaar, PAN, and residential proof.
You must open a Savings Account depending on your financial requirements and balance maintenance capacity. If you are looking for increased benefits, then the ₹25,000 Average Maintenance Balance (AMB) variant is a wise choice. It offers a range of benefits like high interest rates, zero fee banking, monthly interest payouts, higher daily transaction limit of ₹ 6 lakhs and withdrawal limit of ₹2 lakhs. You also get a complimentary domestic airport lounge access per quarter, personal accident cover of worth ₹35 lakhs, and air accident cover of ₹1 crore.
The best Savings Account offers high interest, zero fees, easy digital access, varied balance options, and added perks. IDFC FIRST Bank stands out in all these benefits. It offers a high interest rate, monthly credits, zero-fee banking, video KYC, and mobile banking.
IDFC FIRST Bank Savings Accounts come in two variants, ₹10,000 AMB and ₹25,000 AMB, allowing customers to choose based on their financial needs, making it one of the best banks for opening a Savings Account.
There is no upper limit on how much money you can deposit in an IDFC FIRST Bank Savings Account through non-cash (electronic or cheque) modes. However, for cash deposits, particularly for high-value transactions, certain regulatory guidelines may apply. For instance, PAN or Form 60 is mandatory for cash deposits exceeding ₹50,000 in a single transaction.
IDFC FIRST Bank offers distinct kinds of Savings Accounts, each with its own Average Monthly Balance (AMB) requirements, with ₹10,000 and ₹25,000 being common variants. Maintaining the required AMB helps in avoiding non-maintenance charges and ensures access to premium features.
At IDFC FIRST Bank, Savings Account interest is computed daily depending on the end-of-day balance and credited monthly. This means the bank considers your account balance at the close of every day and computes the daily interest component using the prevailing annual interest rate.
At the end of the month, the overall interest component is credited to your bank account. This method ensures higher transparency as well as better returns.
IDFC FIRST Bank calculates the Average Monthly Balance (AMB) by adding the closing balance of each day in a month and dividing it by the number of days in that month. For instance, if the sum of daily closing balances in a 30-day month is ₹3 lakh, the AMB would be ₹10,000.
IDFC FIRST Bank offers two common types of Saving Accounts based on AMB: ₹10,000 AMB and ₹25,000 AMB and, you can choose a type of account based on your finances requirements.
Yes, IDFC FIRST Bank offers a chequebook after you open a Savings Account. You can request one while opening the account or later on via internet banking, mobile banking, or at a branch. The chequebook comes free of charge as part of the bank’s zero-fee banking policy, including re-issues.
You can use the chequebook for various purposes like paying rent and bills or issuing post-dated cheques. This facility is available with both the ₹10,000 AMB and ₹25,000 Average Monthly Balance (AMB) Savings Account variants.
Yes, a PAN card is mandatory to open a Savings Account. If you don’t have one, you must submit Form 60 instead. Online account opening requires Aadhaar and PAN. At a branch, you will need a passport-size photo, PAN (or Form 60), and valid ID proof like Aadhaar, passport, voter ID, driving licence, NREGA job card, or NPR letter. This ensures compliance with KYC norms. IDFC FIRST Bank offers both online and offline options to make the process seamless and secure.
Yes, IDFC FIRST Bank offers a complimentary Debit Card with your Savings Account. Customers with the ₹25,000 Average Monthly Balance (AMB) variant receive an exclusive debit card , which includes free and unlimited ATM transactions at any bank in India, a ₹6 lakh daily purchase limit, and ₹2 lakh ATM withdrawal limit.
It also offers quarterly domestic airport lounge access, ₹35 lakh personal accident insurance, and ₹1 crore air accident cover. These benefits enhance safety, convenience, and value, making your IDFC FIRST Bank Debit Card not just a transaction tool, but a premium lifestyle companion.
To register for IDFC FIRST Bank internet and mobile banking services, visit the Bank's official website or download the IDFC FIRST Bank mobile app. Use your customer ID and registered mobile number to generate a password. Set up security questions and create your login credentials. You can also register at any IDFC FIRST Bank branch.
The process is quick, safe, and user-friendly, allowing you to manage your account, carry out transactions, pay bills, and more from the comfort of your home.
To update your registered mobile number in your IDFC FIRST Bank Savings Account, log in to the IDFC FIRST Bank mobile banking app or the net banking portal. Navigate to the profile or personal details section and follow the instructions to update your number.
To generate your IDFC FIRST Bank internet banking password, visit the official login page and click on "generate password." Enter your customer ID and registered mobile number. You will receive an OTP to authenticate. After successful verification, set a new login and transaction password. Alternatively, you can visit your nearest branch for assistance.
Adding a nominee to your IDFC FIRST Bank Savings Account ensures that your account proceeds go to the intended person in the event of your unfortunate demise. It simplifies the claim process and prevents legal disputes among family members. Nomination provides peace of mind and financial security to your loved ones. You can nominate anyone, including a family member or a trusted individual.
A Savings Account becomes dormant if there are no customer-initiated transactions, such as deposits, withdrawals, fund transfers, or cheque usage, for two consecutive years.
Dormant accounts can still earn interest, but certain services are restricted for security reasons. To reactivate a dormant account, customers need to visit a branch with valid KYC documents. IDFC FIRST Bank alerts customers before dormancy to encourage activity.
IDFC FIRST Bank imposes a nominal fee for non-maintenance of Average Monthly Balance (AMB). From January 1, 2025, charges are 6% of the AMB shortfall or ₹500, whichever is lower.
Maintaining AMB in ₹10,000 or ₹25,000 AMB accounts helps avoid charges and unlocks premium benefits. However, there are no AMB requirements for IDFC FIRST Bank Minor’s Savings Accounts (under guardian).
IDFC FIRST Bank’s zero-fee banking means customers pay no charges for commonly used services across Savings Account variants, including the ₹10,000 and ₹25,000 Average Monthly Balance (AMB) account variants. There are no fees for ATM transactions (even at other banks’ ATMs), Debit Card issuance, chequebooks, IMPS/NEFT/RTGS transfers, and more.
You can find your Customer ID easily by logging in to the IDFC FIRST Bank mobile banking app or internet banking. Next, just go to the menu and click on ‘Manage Profile’ below your name to view your Customer ID. Alternatively, you can visit any IDFC FIRST Bank branch with valid ID proof to retrieve your Customer ID.
The process to transfer your IDFC FIRST Bank Savings Account to another branch is simple. You can visit any branch and submit a request with valid ID proof. You can even send a signed request via a bearer. This procedure is hassle-free and ensures your account continues smoothly with the new bank branch. Your account number as well as services generally remain unchanged, making the transition hassle-free . Keeping the customers first, IDFC FIRST Bank offers zero fees on non-home branches for savings account holders, so that they can enjoy seamless banking services despite having a savings account at a different branch or location.
To activate your IDFC FIRST Bank Debit Card, sign in to the mobile app or internet banking, visit the ‘Card Services’ section, and follow the activation prompts. Debit Cards can also be activated by calling on the Bank’s toll free number - 1800 10 888 from your registered mobile number.
IDFC FIRST Bank offers comprehensive digital services via its mobile banking app and internet banking portal. You can easily check balances, pay bills, transfer funds, manage UPI, set auto-debit mandates, and request services online.
These digital platforms provide high security and convenient access to daily banking needs anytime, anywhere, offering greater control and financial flexibility.
Yes, IDFC FIRST Bank allows you to set up auto transfers and standing instructions using your Savings Account. This feature supports regular bill payments, Equated Monthly Instalments (EMIs), and fund transfers to other linked bank accounts.
It ensures timely payments, avoids any late fees, and offers convenience by automating recurring transactions based on your instructions.
IDFC FIRST Bank does not put any kind of limit on the number of withdrawals that can be made from your Savings Account. However, interest rates are applied to different balance ranges (or slabs) in a Savings Account. If frequent withdrawals cause your balance to dip into a lower slab, the interest rate applicable to your account may change. So, while you’re free to withdraw funds at any time, maintaining a higher balance may help you earn better interest.
FEATURED
Digital banking leverages technology to manage your money better and save more. Digital banking tools like expense tracking, automated payments, consolidating multiple accounts, etc., can simplify savings. You can also create earmarked investments for your goals, automate them and save in a disciplined manner. IDFC FIRST Bank Savings Account allows a range of digital banking tools, free of cost so that you can do more with your money.
IDFC FIRST Bank May 20 • 3 mins read
Jun 17 • 3 mins read
Jun 17 • 3 mins read
Jun 17 • 3 mins read
Jun 17 • 3 mins read