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Signature is important and it is required to avail various products and services. To upload your signature
1. Go to More
2. Select Customer Service Dashboard
3. Select ‘Savings/Current Accounts’
4. Select ‘Upload Signature’ to upload your signature.
That's easy! Follow these steps to track your service requests:
1. From the home page of the app, tap on "Customer Service" section
2. Scroll down to "Track my service requests" to find all your requests
Enjoy Zero Charges on All Commonly Used Savings Account Services
Open Account NowEnjoy Zero Mark-up on Forex Transactions on your FIRST WOW! Credit Card
Apply NowGet the assured, FD-backed FIRST Ea₹n Credit Card
Apply NowEnjoy Zero Fee Banking on your Savings Account
Get #MoreFromYourBank
Enjoy Zero Fee Banking on your Savings Account
Get #MoreFromYourBank
Only bank in India to offer Zero Fee Banking on Savings Accounts*
Zero charges on IMPS, Debit Card, SMS Alerts & more
Get higher interest rates of up to 7.25% p.a.
Higher Purchase Limit of ₹6 Lakhs & ATM withdrawal limit of ₹2 Lakhs
Only bank in India to offer Zero Fee Banking on Savings Accounts*
Zero charges on IMPS, Debit Card, SMS Alerts & more
Get higher interest rates of up to 7.25% p.a.
Higher Purchase Limit of ₹6 Lakhs & ATM withdrawal limit of ₹2 Lakhs
A Savings Account is a convenient and secure way to store your money, while earning interest on your deposits. IDFC FIRST Bank Savings Accounts take this one step further by offering Zero Fee Banking on all commonly used services like IMPS, NEFT, RTGS, ATM transactions, and SMS alerts. This ensures that your savings grow without hidden costs. With interest rates of up to 7.25% p.a., credited monthly, you can achieve your financial goals faster and more confidently.
Opening an account with us is simple! Start online by clicking “Open Account Now” or using the IDFC FIRST Bank app for a smooth, paperless setup that only takes minutes. Prefer to visit us in person? Drop by any of our branches and enjoy the same quick, efficient process and exclusive benefits.
Each IDFC FIRST Bank Savings Account is thoughtfully designed to support your financial journey, offering secure digital transactions, rewarding benefits, and high-interest earnings. Open a Savings Account today and enjoy the freedom to save, grow, and manage your money with complete peace of mind.Read More
IDFC FIRST Bank, recognized as a ‘Class Apart’ among commercial banks in India by IIT Bombay and Moneylife Foundation, champions fair service charges, delivering true savings and outstanding value across all its Savings Account variants.
Note: IDFC FIRST Bank is featured in Category A in the report ‘Benchmarking Reasonableness of Service Charges by Banks in India,’ released on May 22, 2024.Read
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₹35 lakhs free personal accident insurance cover | ₹1 Cr free air accident insurance cover
Interest up to 7.25% p.a.
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.
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.
Enjoy competitive interest rates and earn interest on your savings account balance of up to 7.25% 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.
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 has been recognized as a 'Class Apart' by the pathbreaking study conducted by Moneylife Foundation and IIT Bombay for fairness in services 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 7.25% 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.
Choose account balance
10k 100cr
Choose your existing bank interest rate
2.5 % 3.5 %
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 welcome vouchers/benefits offered upon opening an account have been discontinued w.e.f. 1st July 22
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.
To open a savings account online:
To open a savings account at branch:
- Aadhaar Card
- 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
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. T&Cs are subject to periodic changes. All rights reserved.
*Above information is basis publicly available data as on 19th April'24. The scope covers all scheduled public sector and private sectors banks only.
A Savings Account is a product offered by banks to help save money, and earn interest on it. IDFC FIRST Bank offers 24x7 access to your Savings Account so you can access your funds anytime and make withdrawals whenever you need funds.
You can seamlessly open an IDFC FIRST Bank Savings Account both online and offline. To open a savings account online in less than two minutes, click here. If you want to open a savings account offline, simply walk in to your nearest IDFC FIRST Bank branch.
Did you know? IDFC FIRST Bank offers Monthly Interest Credits on Savings Account, as against quarterly interest payouts offered by most banks. Open a Savings Account in less than 2 minutes here.
To be eligible for IDFC FIRST Bank Savings Account, you should be above 18 years of age and belong to one of the below categories:
- Indian citizens
- Residents of India
- Foreign nationals residing in India and meeting the Government of India criteria
To open an IDFC FIRST Bank Savings Account, you need the following documents:
- To open savings accounts online: Aadhaar & PAN details
- To open savings accounts at a bank branch:
*Passport-sized photo
*PAN/Form 60
* Proof of Identity & Address like Aadhaar Card, Passport, Valid Driving License, Voter ID, etc.
IDFC FIRST Bank offers ZERO charges on all Saving Account services like IMPS, NEFT, RTGS, ATM transactions, Cheque book issuance, SMS alerts and more at ZERO CHARGES*. Open a Savings Account in 2 minutes here.
*T&C Apply
After successfully opening your IDFC FIRST Bank Savings Account, you will get a personalized cheque book and your Debit Card.
With an IDFC FIRST Bank Savings Account, experience the joy of earning Monthly Interest Credits on your Savings Account. You earn 'interest on interest' with the power of monthly compounding. IDFC FIRST Bank is one of the only universal banks to offer this feature, against the standard practice of crediting interest on your Savings Account every quarter.
Monthly compounding interest payout is better for you than Quarterly interest payout because when you get interest credit in Month 1, the interest for Month 2 is paid on your opening balance + interest received in Month 1 and so on. So, you earn more on your savings!
Can you afford to not have an IDFC FIRST Bank Savings Account? Open a Savings Account in just a few simple steps here.
With IDFC FIRST Bank Savings Account you pay ZERO charges on all Savings Account services like IMPS, NEFT, RTGS, ATM transactions, Cash transactions, Cheque book issuance, SMS alerts and more.
You can know more about services offered at Zero Charges here: https://www.idfcfirstbank.com/personal-banking/accounts/savings-account/fees-and-charges.
Open an IDFC FIRST Bank Savings Account here.
*T&C Apply
The Average Monthly Balance (AMB) you need to maintain in your IDFC FIRST Bank Savings Account would depend on the account variant you have opted for.
Average Monthly Balance in an account is calculated by dividing the sum of each day’s balance in the Account and the number of days in the particular month.
Account Statement Sample | |||||
Transaction Date and Time | Date | Transaction Details | Debit | Credit | Balance (Rs.) |
Opening Balance | 200,000.00 | ||||
11-06-2023 11:01 | 6/11/2023 | EMI Debit 957067 | 50,000.00 | 150,000.00 | |
21-06-2023 13:30 | 6/21/2023 | UPI/MOB/2359575837/UPI | 50,000.00 | 2,00,000.00 |
Descritpion | End of day account balance (Rs.) | Sum of balance (Rs.) |
EOD Balance from 1st June'23 to 10th June'22 | 200000 | 200000 x 10 = 20 lakhs |
EOD Balance from 11th June'23 to 20th June'22 | 150000 | 150000 x 10 = 15 lakhs |
EOD Balance from 21st June'23 to 30th June'22 | 200000 | 200000 x 10 = 20 lakhs |
Sum of end of day balance of all days of the month | 20 lakhs + 15 lakhs + 20 lakhs = 55 lakhs | |
Average Monthly Balance = (Sum of end of day balance of all days of the month) / (no. of days of the month) = 55 lakhs / 30 days = Rs. 1,83,333.33 |
Yes, there are nominal charges 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
You can add funds to your Savings Account by one of the following ways:
- Via any other bank’s NetBanking/Mobile app. Simply add your IDFC FIRST Bank account details – Account number and IFSC code
- Through our Mobile app by clicking on the “Add funds” option which lets you transfer money from your other bank accounts
- Depositing a cheque/cash at any of our branches
- Depositing a cheque (in drop box)/cash at any IDFC first bank ATM
- Using any UPI app using your UPI ID
We offer multiple methods to track your IDFC FIRST Bank Savings Account. Here are a few ways you can do it:
- NetBanking
- Mobile App
- WhatsApp Banking
- Monthly Account statements sent to your registered email ID
Yes, you can add one nominee to your Savings Account.
You can add a nominee to your Savings Account in one of the following ways:
- At the time of opening your Account
- Via NetBanking and our Mobile App
- By visiting your nearest IDFC FIRST Bank branch
Yes, you can open an IDFC FIRST Bank Savings Account in joint mode of operation by visiting your nearest branch.
The Debit Card you get on opening an IDFC FIRST Bank Savings Account depends on the account variant you've opted for. You can view the benefits offered with each card variant here.
Please click here to know more about savings account closure process.
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Do you know what is the bank rate for your savings account balance? Bank interest rates are vital in deciding how much extra you earn against your funds each year. Achieve financial goals faster by choosing the right savings account!
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