Savings Account Fees and Charges

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Schedule of charges for Savings Account variants with ₹25,000 Average Monthly Balance (AMB) & ₹10,000 Average Monthly Balance

IDFC FIRST Bank offers ZERO FEE banking on ALL variants of Savings Account, including ₹10,000 AMB variant, ₹25,000 AMB variant, and all other variants. At IDFC FIRST Bank, we don’t touch your Bank account for this reason or that. You may not realise it, but over time, these add up to a lot of savings for our customers. We have no complicated descriptions and you have no complex calculations to do to calculate the fees to be paid. Because it is just ZERO. We don’t charge you, even when you are not looking. ZERO FEE Banking is peace-of-mind Banking.

Current Schedule of Charges:

IMPS charges (outward)	FREE	NEFT charges (outward at branches)	FREE	RTGS charges (outward at branches)	FREE
ATM transaction Charges at IDFC FIRST Bank ATMs	FREE	ATM transaction Charges at Other Bank ATMs	FREE	Debit Card Issuance Charges	FREE
Debit Card Annual Charges	FREE	Debit Card Replacement /Re-issuance charges	FREE	SMS alert charges	FREE
Cheque book re-issuance charges	FREE	Cash deposit & withdrawal charges at branches (by number)	FREE	Cash deposit and withdrawal charges at branches (by value)	FREE
Third party Cash deposit and withdrawal charges at branches	FREE	Stop payment of cheque charges	FREE	Cheque Return – Deposited	FREE
Cheque Return – Issued	FREE	Demand draft/ Pay order issuance charges at branches	FREE	Demand draft/Pay order cancellation/ revalidation charges	FREE
Duplicate statement issuance charges	FREE	Duplicate Passbook issuance charges	FREE	Decline charges for insufficient balance at ATM	FREE
Doorstep banking - Cheque & Document pick up - Adhoc Request	FREE	Balance Certificate issuance charges	FREE	Interest Certificate issuance charges	FREE
Account closure charges	FREE	International ATM/ POS transaction charges	FREE	Standing instruction set up charges	FREE
Standing instruction failure charges	FREE	ECS return charges	FREE	Photo attestation charges	FREE
Signature attestation chargess	FREE	Charges for retrieval of old transactional records	FREE	Charges for any deliverable returned by courier due to negative reasons	FREE
Address confirmation charges	FREE	I-Pin Regeneration charges	FREE	Debit Card Pin Regeneration charges	FREE

Non maintenance charges for Savings Account variants with ₹25,000 Average Monthly Balance

Effective 1st January, 2025
Average Monthly Balance Requirement	₹25,000
Non Maintenance Charges of AMB	6% of the AMB shortfall or ₹500, whichever is lower

^{Average Monthly Balance requirement is Nil for Minor Under Guardian Savings Account

Average Monthly Balance requirement is Nil for Diamond Private Savings Account}

Non maintenance charges for Savings Account variants with ₹10,000 Average Monthly Balance

Effective 1st January, 2025
Average Monthly Balance Requirement	₹10,000
Non Maintenance Charges of AMB	6% of the AMB shortfall or ₹500, whichever is lower

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.

Taxes at prevailing rates as per Government Rules shall be applicable over and above the mentioned charges.

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Step-by-step guide to opening a bank account with IDFC FIRST Bank

You can open a bank account with IDFC FIRST Bank either online or offline with a simple process. You can enjoy the unmatched benefits of savings accounts, such as high interest rates, zero-fee banking, digital banking, and a hassle-free experience. IDFC FIRST Bank Savings Accounts ensures you have access to transparent, seamless and convenient financial tools to grow your wealth.

Team FinFIRST30 Apr 2025 • 3 mins read

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