Basic Savings Bank Deposit Account (BSBDA) (w.e.f. 1st Sep, 2019)

 

Details

Minimum Balance Zero
Charges for non-maintenance-Quarterly(Rs) Not Applicable
Account Opening Amount Nil. After Account Opening, account has to be funded.

Cash Transaction

Cash Deposit-Home/Non Home Branch (Monthly) Home Branch:
Number Cap: Free un-limited.
Value Cap: Free unlimited,
Non-Home Branch :
Number Cap: Free un-limited.
Value Cap: Free Unlimited
Cash Deposit (above free limit) Free
Cash Withdrawal-Home/Non Home Branch Up to 4 times/month-Free
Cash Withdrawal beyond free limit Rs 2 per 1000. Min Rs 50

Payment Service

Intrabank-Fund Transfer-Branch Free
Intra-Bank Fund Transfer -Internet Banking Free
RTGS Payment - Branch/Internet Banking Free (w.e.f. 1st July, 2019)
NEFT Payment - Branch/Internet Banking Free (w.e.f. 1st July, 2019)
IMPS-outgoing Free
DD/PO payable at IDFC FIRST Bank locations 1 DD/month-free. Thereafter, charges as under
Rs.50/- per D.D. up to Rs.10,000/-;
Rs.3/- per thousand rupees or for DD of more than Rs.10,000/-, subject to a minimum of Rs.75/- and maximum of Rs. 10,000/-
DD/PO- Duplicate Issuance/cancellation/revalidation Free
DD/PO payable at Correspondent bank locations Up to Rs. 1 Lakh: Rs. 50+ taxes
Above Rs. 1 Lakh: Rs. 100+taxes

Cheque Drawn on us/deposited/ECS-bounce charge

Cheque Deposited-Outward clearing Rs 50/Instrument
Due to technical reasons Nil.(Except signature mismatch. In case of signature mismatch same charges will be levied)
Cheque Issued-Inward Clearing (Drawn on us) Rs 225
SI return Charges Rs 50/Instrument
ECS Debit Return charges Rs 50/transaction

Collection Services

Intra-Bank Fund Transfer Collection Nil through branch channel
RTGS Collection Free
NEFT Collection Free
ECS Collection - Transaction Free
ECS Collection - Mandate (New / Modify / Cancel/Stop) Rs 50/instance
Cheque collection-local clearing Free
Outstation cheque collection-IDFC FIRST Bank Location Upto Rs.5,000/-: Rs.25/-
Above Rs.5,000/- up to Rs.10,000/-: Rs.50/-
Above Rs.10,000/- up to Rs.1.00 lac: Rs.110/-
Above Rs.1.00 lacs up to Rs.5.00 lac: Rs.225/
Above Rs.5.00 lacs up to Rs.10.00 lac: Rs.250/-
Above Rs.10.00 lacs: Rs.280/-(Max)
Outstation cheque collection-Non IDFC FIRST Bank Location Upto Rs.5,000/-: Rs.25/-
Above Rs.5,000/- up to Rs.10,000/-: Rs.50/-
Above Rs.10,000/- up to Rs.1.00 lac: Rs.110/-
Above Rs.1.00 lacs up to Rs.5.00 lac: Rs.225/-
Above Rs.5.00 lacs up to Rs.10.00 lac: Rs.250/-
Above Rs.10.00 lacs: Rs.280/-(Max)
Outstation cheque collection at correspondent bank location and other location: Non MICR cheque/Non CTS cheque Upto Rs.5,000/-: Rs.25/-
Above Rs.5,000/- up to Rs.10,000/-: Rs.50/-
Above Rs.10,000/- up to Rs.1.00 lac: Rs.110/-
Above Rs.1.00 lacs up to Rs.5.00 lac: Rs.225/-
Above Rs.5.00 lacs up to Rs.10.00 lac: Rs.250/-
Above Rs.10.00 lacs: Rs.280/-(Max)

Debit Card & ATM charges

Issuance charge Nil
Annual Debit card fees Nil
ATM transaction-IDFC FIRST Bank ATMs Financial Transactions: 5 Free per month,
6th onwards Rs. 20 + taxes
Non Financial Transactions: Free & Unlimited
ATM transaction-Non IDFC FIRST Bank ATMs Financial & Non-Financial Transactions: 5 Free per month,
6th onwards Rs 20 + taxes for Financial transaction and
Rs 8 + taxes for Non-Financial transaction
Charges for Add on ATM card Rs. 150/- + taxes
Renewal Fees for ATM card Nil
Re-issuance of card (Lost or damaged) Rs. 200/- + taxes
Card Replacement Fees Rs. 150/- + taxes
Pin Regeneration (Green Pin) Nil
Through Branch: Rs. 50/- + taxes
Daily ATM Limit (withdrawal) Rs. 25000/-
Daily Merchant Establishment point of sale limit/E commerce (spending/purchase) Rs. 100000/-

Cheque Book Issuance

Cheque Book Facility On request. Rs. 2/- per leaf. Min 10 cheque leaves.( Per book)
Cheque Book beyond Free Limit Not Applicable

Miscellaneous Charges

Account Statement Physical (Branch/ Channel) Free by Email-Monthly
Issue of Duplicate/Adhoc statement (Branch/Channel) Rs. 50/- per instance
Issue of passbook facility Nil
Duplicate Passbook Rs. 100/- per passbook. For Previous entries: Rs. 20/- per page
Account Closure Free
SMS/ E mail Alerts SMS: Rs. 15/- + taxes per quarter
Phone Banking On request
Net Banking On request
Mobile Banking On request
Standing Instruction: Set Up/Execution/Amendment Free
Bill Payment: Net Banking Free
Bankers Verification (Photo/ Signature/ Address) Attestation: Rs. 100/-
Address confirmation: Rs. 50/- per instance
Balance Confirmation Certificate Free
Record Retrieval Rs. 100/- per instance
Copy of paid cheque: Nil
Interest/ TDS Certificate One copy free/year
Rs. 50/- per certificate for more than one copy in one F.Y.
Stop Payment per Instruction (Particular cheque/Range of cheque) Rs. 50/- per cheque
Rs. 100/- for range of cheque
Balance Enquiry (Branch/ Channels) Free
Activation of dormant/inoperative account 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.
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Contact us

REGISTERED office:

IDFC FIRST Bank Ltd

KRM Tower, 7th Floor, No. 1,
Harrington Road, Chetpet,
Chennai - 600031, Tamil Nadu,
India

Corporate office:

IDFC FIRST Bank Ltd

Naman Chambers,
C-32, G-Block,
Bandra-Kurla Complex,
Bandra East, Mumbai - 400051,
India

IDFC FIRST Bank Customers

Toll Free No - 1800 419 4332
Email - Banker@idfcfirstbank.com

Capital First Customers

Toll Free No - 1860 500 9900
Email - Customer.Care@Capitalfirst.Com

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