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  • As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.

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Positive Pay System (PPS)

At IDFC FIRST Bank, we always keep your safety, ease and best in class services first. Introducing positive pay feature that safeguards all your cheque payments. It protects your cheque from tampering and keeps you away from any possible payment fraud. Read More

This service introduced by Bank to safeguard the cheques issued by customers holding savings, current and CC/OD accounts and presented through Cheque Truncation System (CTS) clearing. Read Less

How to use Positive Pay

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Log in to App/Netbanking --> Go to cheque book management section --> Click on new cheque details and fill in below details

Cheque Serial Number

Cheque Serial Number

Enter Payee Details

Enter Payee Details

Enable Positive Pay Sign

Enable Positive Pay Sign

Enter Cheque Date

Enter Cheque Date

Enter Amount

Enter Amount

Click on Add cheque

Click on Add cheque

Enabling Positive pay authorises the cheque to be cleared without a verification call from IDFC FIRST Bank. We highly encourage you to use the feature to safeguard your cheques.

FREQUENTLY ASKED QUESTIONS

How is it securing your payment?

Once you provide the cheque details through mobile app or net-banking portal under cheque book management, the details will be verified against the presented cheque by beneficiary.

• If the information matches the same will be cleared

• If there is a mismatch, the bank will contact the customer, if the customer is not reachable then the same will be returned un-cleared   

Is it mandatory to use positive pay?

We highly encourage you to use the feature to safe guard your cheques. In case the details of issued cheques are not provided, existing clearing process will continue without Positive Pay check.

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