The only FASTag with triple benefits
Our Savings Account is designed to meet your individual needs. We understand the importance of saving for the future, for you and your loved ones. That’s why, IDFC FIRST Bank Savings Account offers one of the best interest rates of up to 6.25%. You can save more, do more, and live life to the fullest.Read More
All this is just moments away because you can open an account online in minutes with amazing benefits. Some of the many features and benefits of the IDFC FIRST Bank savings account includes higher POS limits, free and unlimited ATM transactions, and other benefits. Open an account online with IDFC FIRST Bank today and start earning more on your savingsRead Less
Choose account balance
Choose your existing bank interest rate
2.5 % 6 %
Simulation Results(for a period of 1 year):
* Interest you earn with IDFC FIRST Bank –
** Interest you earn with your Bank –
Additional Interest you earn with us –
“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.”
“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.”
The on-boarding vouchers/benefits offered in the first 30 days post Account opening have been discontinued w.e.f .1st July'22
For Digital Bank Account Opening:
For Physical Bank Account Opening:
- Aadhaar Card
- 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.
Follow the steps given below to open account online with IDFC FIRST Bank:
Step-1: Go to the account opening link
Step-2: Provide personal details – Mobile number, Aadhaar number or VID number, PAN number, Email address
Step-3: Fill in your professional details and select savings account variant
Step-4: Your account is ready & you can start enjoying power packed benefits
Step-5: Fund your account online & enjoy monthly interest credit with higher interest rate upto 6.25%
Step-6: Complete your Video KYC now to remove transaction restrictions
A Savings Account is a financial tool offered by banks to help save money, and earn interest on the same. Since you have 24x7 access to your savings account, you can deposit your money anytime and withdraw it whenever you need funds, making it a completely liquid savings instrument. In addition, an IDFC FIRST Bank Savings Account helps you earn interest every month which can help you cover your daily, weekly, and monthly expenses and help you in your journey of wealth creation.
For the convenience of our customers, the Bank will credit interest to customers’ accounts on a monthly basis. The earlier facility of interest credit on quarterly basis on savings accounts will be discontinued from June 30, 2021. The Bank is among the few in the industry to offer monthly interest credit on savings accounts.
You can open a savings account online in minutes by clicking on the ‘Open Account Now’ button on the IDFC FIRST Bank official website. You can check latest updates regarding eligibility and fees here: Savings Account Fees & Charges | IDFC FIRST Bank
Choose and compare Accounts offered by retail banks based on the best interest rates, terms and conditions and services offered. The IDFC FIRST Bank offers industry-best interest rates of up to 6.25%. So, you can save more, do more, and live life to the fullest.
A minimum amount of ₹25,000 or ₹10,000 is required to open a savings account online with IDFC FIRST Bank. You can choose to open a savings account with higher amount to get better interest earned.
Every day, from the 1st to the end of the month, we take the balance in your savings account at the end of the day. We total them all up and divide by the number of days in the month. That’s it!
Nominal non-maintenance charges are levied for not maintaining average monthly balance on your savings account. Click here to know more about the applicable non-maintenance charges on your Savings Account.
Being one of the leading banks for savings accounts in India, we offer multiple methods to track your IDFC FIRST Bank Savings Account. Here are a few ways:
Mobile Banking, Mobile App, Internet banking, WhatsApp and we send monthly email statements to your registered email ID.
IDFC FIRST Bank's Savings Account is our testament to putting our customers first. We offer up to 6.25% p.a interest rates on savings account.
What's more, you earn this interest on progressive balances in each interest rate slab, as applicable. That means you earn every single day. We pay out this interest every month.
Hurry! Make the most of this unique opportunity. Click here to know more.
Please note that savings account interest rates are subject to periodic change.
You can use a savings account to safeguard your funds and at the same time earn active interest on the deposited amount to grow your wealth.
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