Women's Savings Account

To open an IDFC FIRST Bank FIRST Power Savings Account, you need the following documents:

* Passport-sized photo

*PAN/Form 60

* Proof of Identity & Address like Aadhaar Card, Passport, Valid Driving License, Voter ID, etc.

IDFC FIRST Bank offers 28 commonly used Savings 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

You can enjoy a superior banking experience with an IDFC FIRST Bank FIRST Power Women's Savings Account with benefits such as:

o Attractive interest rates on your savings so you can earn more

o Zero charges on 28 commonly used Savings Account services like IMPS, NEFT, RTGS, ATM transactions, Cheque book issuance, SMS alerts, Cash transactions, etc..

o Monthly Interest Credits so you can earn 'interest on interest'

o Higher Personal Accident and Air Accident Cover with your Debit Card

o Exciting offers on food, shopping, travel, & more with your Debit Card and much more

The interest rate offered on your FIRST Power Savings Account would vary depending on the balance slab in which your Account balance falls. You can visit this page to know more about the latest interest rates offered by IDFC FIRST 

Interest earned on your IDFC FIRST Bank FIRST Power Savings Account balance is credited to your account on a monthly basis. 

We offer Monthly Interest Credits, as opposed to the common practice of crediting interest on a quarterly basis by most banks.

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 interest. IDFC FIRST Bank is among a few 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 earn 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!

Open an IDFC FIRST Bank FIRST Power Savings Account in just a few simple steps here.

The initial pay-in amount would depend on the FIRST Power Savings Account variant you have opted for - ₹10,000 or ₹25,000. 

You can choose to open an account with higher initial funding to earn higher interests on your savings.

You would need to maintain the Average Monthly Balance required as per the variant of FIRST Power Savings Account you have opted for - ₹10,000 or ₹25,000. Please click here to see the applicable Schedule of Charges.

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

 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! Example: Lets consider a month of 30 days.

With IDFC FIRST Bank Savings Account you pay Zero Charges* on 36 commonly used 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

Open an IDFC FIRST Bank FIRST Power Savings here.

To know about the fees & charges, please click here

*T&C Apply

Yes, there are nominal charges levied for not maintaining Average Monthly Balance on your FIRST Power Savings Account. Click here to know more about the applicable non-maintenance charges on your IDFC FIRST Bank Women 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 Savings Account details – Account number and IFSC code

- Through the “Add funds” option in our Mobile app which lets you add 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

Yes, you can add a nominee to your IDFC FIRST Power Savings Account in the following ways:

- At the time of opening your Account

- Via NetBanking and our Mobile Banking App

- By visiting your nearest IDFC FIRST Bank branch

You can choose to open an IDFC FIRST Power Savings Account under one of the below modes of operation:

- Singly

- Jointly

- Either or Survivor

- Former or Survivor

We offer multiple ways to track your IDFC FIRST Bank FIRST Power Savings Account, such as:

- NetBanking

- Mobile App

- WhatsApp Banking

- Monthly Account statements sent to your registered email ID

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.