Average monthly balance of ₹25,000
Average monthly balance of ₹10,000
For Digital Account Opening:
For Physical Account Opening (you can submit any one of the following):
Interest earned on your balance is credited to your account on a quarterly basis.
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 an account with higher amount to get better interest earned.
The average monthly balance required is ₹25,000 or ₹10,000. Please click here to see the applicable Schedule of Charges.
Every day, from the 1st to the end of the month, we take the balance in your 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!
While we are a leading provider of savings accounts in India, we do levy certain charges for non-maintenance of average monthly balance of savings account will attract certain charges.
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, Watch banking 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 6% p.a on savings account for balances up to ₹1 Cr.
What's more! You earn this interest on your entire balance, starting from the first rupee. That means you earn every single day. We pay out this interest every quarter.
Hurry! Make the most of this unique opportunity. Click here to know more.
Please note that interest rates are subject to periodic change.