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Home Loans, now at 6.90% p.a.
Unlimited benefits with a start-to-finish digital process with IDFC First Bank Home Loans
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Details
| Product | IDFC FIRST - Business | IDFC FIRST - Enterprise | |
|---|---|---|---|
| Average Quarterly Balance (AQB) | Rs. 3,000 | Rs. 10,000 | |
| Charges for non-maintenance of average quarterly balance (Quarterly) | Rs. 200 | Rs. 300 | |
| AQB Method | Average of the closing credit balance in the account at the end of each day during the 90 days. | ||
| Account Opening Amount | Rs. 3,000 | Rs. 10,000 | |
Cash Transaction
| Product | IDFC FIRST - Business | IDFC FIRST - Enterprise |
|---|---|---|
| Free Cash Deposit-Home Branch (Monthly) | Rs 1 Lakh(Monthly Free) | Rs 10 Lakh(Monthly Free) |
| Cash Deposit (Non Home Branch) - Free | Rs 1 Lakh (Monthly Free) | Rs 10 Lakh (Monthly Free) |
| Cash Deposit (above free limit) | Rs3/1000. Min Rs 50/transaction | Rs3/1000. Min Rs 50/transaction |
| Cash Withdrawal-Home Branch | Free at Home Branches | Free at Home Branches |
| Cash Withdrawal-Non Home Branch | Free up to Rs 1 Lakh/Month | Up to Rs 5 Lakh |
| Cash Withdrawal beyond free limit | Rs3/1000. Min Rs 50/transaction | Rs3/1000. Min Rs 50/transaction |
Payment Service
| Product | IDFC FIRST - Business | IDFC FIRST - Enterprise |
|---|---|---|
| Intrabank-Fund Transfer-Branch | Free | Free |
| Intra-Bank Fund Transfer -Internet Banking | Free | Free |
| RTGS Payment - Branch/Internet Banking | Free | Free |
| NEFT Payment - Branch/Internet Banking | Free | Free |
| IMPS-outgoing | Up to Rs 1 Lakh-Rs 5. Above Rs 1 Lakh to Rs 2 Lakh-Rs 15 | Up to Rs 1 Lakh-Rs 5. Above Rs 1 Lakh to Rs 2 Lakh-Rs 15 |
| DD payable at IDFC FIRST BANK locations | Free | Free |
| DD - Duplicate Issuance | Rs 30/Instrument | Free |
| DD Cancellation/ revalidation | Rs 30/Instrument | Free |
| Pay Orders(PO)-On Bank Location issued from any branch/Duplicate PO | Free | Free |
| DD payable at Correspondent bank locations | Rs 30/Instrument | Free |
Cheque Drawn on us/deposited/ECS-bounce charge
| Product | IDFC FIRST - Business | IDFC FIRST - Enterprise |
|---|---|---|
| Cheque Deposited-Outward clearing | Rs 50 | Rs 50 |
| Due to technical reasons | Nil.(Except signature mismatch. In case of signature mismatch same charges will be levied) | Nil.(Except signature mismatch. In case of signature mismatch same charges will be levied) |
| Cheque Issued-Inward Clearing | Rs 250 | Rs 250 |
| ECS Debit Return charges | Rs 250 | Rs 250 |
Collection Services
| Product | IDFC FIRST - Business | IDFC FIRST - Enterprise |
|---|---|---|
| Intra-Bank Fund Transfer Collection | Free | Free |
| RTGS Collection | Free | Free |
| NEFT Collection | Free | Free |
| ECS Collection - Transaction | Free | Free |
| ECS Collection - Mandate (New / Modify / Cancel) | Free | Free |
| Cheque collection-local clearing | Free | Free |
| Outstation cheque collection- IDFC FIRST Bank Location | Free | Free |
| Outstation cheque collection-Non IDFC FIRST Bank Location | Rs 50/Instrument | Free |
| Outstation cheque collection at correspondent bank location and other location: Non MICR cheque/Non CTS cheque | Rs 50/Instrument | Free |
Debit Card & ATM charges
| Product | IDFC FIRST - Business | IDFC FIRST - Enterprise |
| Anual Fees | Rs. 150 | Rs. 150 |
| ATM transactions - IDFC FIRST Bank Locations (Financial/Non Financial transactions) | First 5 transactions/Monthly - Free Non financial transactions: Free at IDFC FIRST BANK ATM | First 15 transactions/Monthly - Free Non financial transactions: Free at IDFC FIRST BANK ATM |
| ATM transactions - Non IDFC FIRST Bank Locations (Financial/Non Financial transactions) | First 5 transactions/Monthly -Free | First 5 transactions/Monthly -Free |
| ATM transaction charges beyond free limit | Rs. 20/- +GST for financial transaction and Rs.8/- +GST for non financial transaction | |
| Re-issuance of card (Lost or Damaged) | Free | Free |
| Add on card | Free | Free |
| Pin Regeneration (Any Channel) | Free | Free |
| Daily ATM LImit(Withdrawal) | Rs 50000/- | Rs 75000/- |
| Daily Merchant Establishment point of sale limit(Spending/Purchase) | Rs 1 Lakh | Rs 2 Lakh |
Cheque Book Issuance
| Product | IDFC FIRST - Business | IDFC FIRST - Enterprise |
|---|---|---|
| Cheque Book Facility(Payable at Par)-Free | First 50 Leaves-Free(Quarterly) | Free |
| Cheque Book beyond Free Limit | Rs 100 for every additional 50 cheque leaves. (Rs 2/cheque leaves) | NA |
Miscellaneous Charges
| Product | IDFC FIRST - Business | IDFC FIRST - Enterprise |
|---|---|---|
| Account Statement Physical (Branch/Channel) | Free-Monthly by e-mail.Physical: Free/Quarter | Free-Monthly(All channels) |
| Issue of Duplicate/Adhoc statement (Branch/Channel) | Rs 100 | Free |
| Account Closure | Free | Free |
| SMS/ E mail Alerts | SMS - Rs. 15 per quarter | SMS – Rs. 15 per quarter |
| Phone Banking | Free | Free |
| Net Banking | Free | Free |
| Mobile Banking | Free | Free |
| Standing Instruction- Set Up/Execution/Amendment | Rs 100/Instance | Free |
| Bill Payment- Net Banking | Free | Free |
| Bankers Verification (Photo/ Signature/ Address)* | Rs 100 per record | Free |
| Balance Confirmation Certificate | Rs 50 | Free |
| Record Retrieval | Rs 100 | Free |
| Stop Payment per Instruction (Particular cheque/Range of cheque)/ECS | Free | Free |
| Balance Enquiry ( Branch/ Channels) | Free | Free |
| Activation of dormant/inoperative account | Free | Free |
Taxes at prevailing rates as per Government Rules shall be applicable over and above the mentioned charges if any applicable. The charges as indicated above are subject to periodic revision.