IDFC FIRST Bank Savings Account – Interest Rate 2026

Savings Account Balance	Interest Rate (% p.a., Progressive)
Up to ₹3 lakhs	2.50%
Above ₹3 lakhs up to ₹25 crores	6.50%
Above ₹25 crores	5.00%

Regular Savings Account

IDFC FIRST Bank offers this regular savings account to meet the needs of individuals. This savings account can also be opened just by sitting at home. The customer can either visit the branch to get the account opened or can do so digitally. This savings account by IDFC FIRST Bank offers a host of features and benefits. The minimum balance requirement in an IDFC FIRST Bank Savings Account is either ₹10,000 or ₹25,000 AMB. Below-mentioned are the features and benefits offered by this savings account:

• ATM transactions are free and unlimited at any bank, anywhere in India
• Daily purchase limit is Rs. 6,00,000 per day and ATM withdrawal limit is Rs. 2,00,000 per day (₹25,000 AMB variant)
• Complimentary domestic airport lounge access every quarter (₹25,000 AMB variant)*

*Basis AMB maintenance in the last quarter.

IDFC FIRST Bank Salary Account

IDFC FIRST Bank offers this zero balance savings account to its customers. This savings account has added benefits for salaried individuals and it lets an employee make the most of their earrings. Below-mentioned are the features and benefits offered by this savings account:

• Free and unlimited ATM transactions
• No charges on fund transfers
• The account holder will get either Visa Platinum debit card or Visa Classic debit card
• This savings account can be opened online

Senior Citizen Savings Account

IDFC FIRST Bank has curated Senior Citizen Savings Account for seniors to make their retirement days hassle-free. This savings account offers a host of benefits and features to seniors. Below-mentioned are the features offered by this savings account:

• Doorstep banking is provided for free
• Free personal accident insurance cover of Rs. 35,00,000
• The account holder will be provided Visa Platinum debit card if he/she maintains an average monthly balance of Rs. 25,000 with benefits such as free and unlimited ATM transactions at any bank, POS limit of Rs. 6,00,000 and ATM withdrawal limit of Rs. 2,00,000
• The account holder will be provided Visa Classic debit card if he/she maintains an average monthly balance of Rs. 10,000 with benefits such as free and unlimited ATM transactions at any bank, ATM withdrawal limit of Rs. 1,00,000
• This savings account can be opened online

IDFC FIRST Power Women Savings Account

IDFC FIRST Bank has curated IDFC FIRST Power Women Savings Account for its women customers. This savings account lets women take care of their financial well-being. IDFC FIRST Power Women Savings Account offers below-mentioned features and benefits:

• Free and unlimited ATM transactions at any bank’s ATM in India
• This savings account offers Visa Signature debit card to women if they maintain an average monthly balance of Rs. 25,000 with benefits on the card like higher purchase limit of Rs. 6,00,000 and ATM withdrawal limit of Rs. 2,00,000
• The account offers Visa Classic debit card if women maintain an average monthly balance of Rs. 10,000 with benefits on the card like ATM withdrawal limit of Rs. 1,00,000 and higher purchase limit of Rs. 4,00,000

Minor’s Savings Account

IDFC FIRST Bank has designed minor’s savings account in two variants namely, Minor Savings Account (Under Guardian) and FIRST Prodigy (Minor Self-Operated Savings Account). Below-mentioned are the features offered by these two variants:

Minor Savings Account (Under Guardian)

• Unlimited and free fund transfers
• Visa debit card is provided for free
• Free and unlimited ATM transactions at IDFC FIRST Bank ATMs

FIRST Prodigy (Minor Self-Operated Savings Account)

• Free Visa Platinum debit card with POS limit of Rs. 10,000 per day and ATM withdrawal limit of Rs. 10,000 per day
• Free Child Education Cover of Rs. 5 lakhs
• Complimentary domestic lounge access is provided once every quarter*

*Basis AMB maintenance in the last quarter.

NRI Savings Account

IDFC FIRST Bank has three variants of NRI savings accounts namely NRE Savings Account, NRO Savings Account, and Seafarer Savings Account. These savings accounts offer a host of benefits and features to account holders. These accounts can be opened online. Below-mentioned are the features offered by these savings accounts:

NRE (Non-Resident External) Savings Account

• The account holder will get Visa Signature debit card
• POS limit per day is Rs. 6,00,000 and ATM withdrawal limit per day is Rs. 2,00,000
• The account holder can make free and unlimited ATM transactions at any bank and anywhere in India
• No charges on transferring funds

NRO Savings Account

• Visa domestic debit card is provided to the account holder
• The bank offers cheque facilities for family members of the account holder to access the NRO savings account conveniently
• Funds can be repatriated up to an amount of USD 1 million every financial year for all bonafide purposes
• POS limit per day is Rs. 6,00,000 and ATM withdrawal limit per day is Rs. 2,00,000

Seafarer Account

• No minimum balance is required
• The account holder will get free Visa Signature debit card with no annual charges
• This savings account is a rupee dominated account
• The account holder will get complimentary domestic airport lounge access twice every quarter

Honour FIRST Defence Account

IDFC FIRST Bank has curated this Honour FIRST Defence account for the individuals serving in the Indian army, navy, air force, paramilitary, and its veterans. This savings account offers a host of benefits and features such as personal accident cover, air accident insurance, child education grant, girl child marriage cover etc. Let us discuss more features and benefits offered by this savings account.

• Personal accident insurance cover of Rs. 50,00,000 is provided in case of death or permanent disability
• 4,00,000 is provided for child education grant for 2 children maximum
• 2,00,000 is provided for the marriage of one girl child
• 10,00,000 is provided in case of death or permanent disability due to terrorist attack or Naxalite attack
• No minimum balance needs to be maintained in this savings account

Vishesh Savings Account

IDFC FIRST Bank’s Vishesh Savings Account offers a host of benefits to customers such as monthly interest credit on savings, personal accident insurance cover etc. This savings account can be opened with a minimum balance of Rs. 5,000. The account offers below-mentioned features and benefits:

• ATM withdrawal limit of Rs. 50,000 and POS limit of Rs. 1,00,000 is provided
• A RuPay Platinum debit card is provided to customers
• No charges on NEFT and RTGS facility

Pratham Savings Account (BSBDA)

IDFC FIRST Bank has curated this Pratham Savings Account, which is called a BSBDA account that provides account holders with all basic banking facilities. This savings account is a zero balance savings account. Individuals who do not have any other savings account in IDFC FIRST Bank or any BSBDA account with any other bank can open this account. The account offers below-mentioned features and benefits:

• A RuPay Classic debit card is provided to account holders
• ATM withdrawal limit per day is Rs. 25,000
• POS limit per day is Rs. 1,00,000
• Personal accident insurance cover of Rs. 2,00,000 is provided for free
• The account holder will get complete access to digital banking

Applicants need to present the below-mentioned documents to open a savings account in IDFC FIRST Bank:

To open a digital account:

• Aadhaar number
• PAN number

To open an account physically:

• Passport size photograph
• PAN card

Any one of the below-mentioned documents:

• Aadhaar card
• Passport
• Voter’s identity card
• Driving license
• Job card issued by NREGA duly signed by an officer of the State Government
• Letter issued by the National Population Register containing details of name and address

For some savings account, additional documentation may be required. Hence, along with the above-mentioned documents, applicants need to produce the below-mentioned documents for the mentioned accounts:

Name of the account	Documents required
Minor Savings Account (under guardian)	Details of IDFC FIRST Bank savings account held by the parents Passport size photograph Child’s date of birth proof
NRE/NRO/Seafarer Savings Account	Passport as an identity proof Non Resident status proof Overseas address proof PAN/Form 60 Document certification if not being met by an IDFC FIRST Bank employee, make sure your documents are certified by any one of the mentioned entities from overseas country of residence: Overseas bank/Overseas branch of India bank/Notary/Post office/Court magistrate/Judge/Indian embassy/Exchange houses

 

Applicants need to fulfill the below-mentioned criteria to be eligible to open a savings account with IDFC FIRST Bank:

• Should be an Indian citizen
• Should be a resident of India
• Foreign nationals who reside in India and meet GOI criteria

It is to be noted that the eligibility criteria may vary from account to account. Hence, individuals need to provide additional documents for these savings accounts along with the above-mentioned documents:

Name of the Account	Eligibility Criteria
Senior Citizen Savings Account	Above 60 years of age
FIRST Power	Women above 18 years of age
Minor Savings Account (Under Guardian)	For children up to the age of 18 years Parents holding a savings account with IDFC FIRST Bank
FIRST Prodigy (Minor self-operated savings account)	Any citizen and resident of India above 10 years of age and below 18 years of age
NRE Savings Account/NRO Savings Account	Non Resident Indians Person of Indian origin Overseas Indian Citizen Students who are studying at overseas location Oil Rig employees working on International Offshore Projects
Seafarer Savings Account	People who are working on : International vessels Merchant navy Cruise liners Oil rigs
Honour FIRST Defence Account	Individuals serving in the Indian army, navy, air force, paramilitary, or its veterans
Vishesh Savings Account	Resident individuals Hindu undivided family

Average Monthly Balance Requirement	₹25,000
Non Maintenance Charges of AMB (w.e.f. 1st Jan’ 25)	6% of the AMB shortfall or ₹500,  whichever is lower
Debit Card and FIRSTAP Sticker Annual Fee (w.e.f. 1st Jan’ 26)	₹300

Average Monthly Balance Requirement	₹10,000
Non Maintenance Charges of AMB (w.e.f. 1st Jan’ 25)	6% of the AMB shortfall or ₹500, whichever is lower
Debit Card and FIRSTAP Sticker Annual Fee (w.e.f. 1st Jan’ 26)	₹200

To open an online savings account in IDFC FIRST Bank, applicants need to follow the below-mentioned steps:

Step 1: Visit IDFC FIRST Bank’s official website

Step 2: Click on “Accounts” and then tap on “Savings Account”

Step 3: You will be directed to a page where you will be asked to provide your basic details

Step 4: Provide the details as asked and choose the product that you want

Step 5: Once you provide all the details as asked by the bank, your account will be opened upon verification

Step 6: The bank will provide all the documents and a debit card once your account is opened

To open an offline savings account in IDFC FIRST Bank, visit the nearest IDFC FIRST Bank branch, submit your KYC documents and complete the process with assistance from a bank representative.

Know More about IDFC FIRST Bank

IDFC FIRST Bank Personal Loan	IDFC FIRST Bank Fixed Deposit
IDFC FIRST Bank Balance Check	IDFC FIRST Bank Customer Care
IDFC FIRST Bank Credit Card

Q. Is it possible to open an IDFC FIRST Bank account online?

Yes, you can open your IDFC FIRST Bank account online by visiting the bank’s official website and entering basic details, such as your mobile number, email address, Permanent Account Number (PAN) and 12-digit Aadhaar card number.

Q. What is the minimum amount in the savings account at IDFC FIRST Bank?
The minimum amount or average monthly balance to be maintained in your savings account is Rs. 10,000 or Rs. 25,000 depending upon the account variant.

Q. What is the interest rate of a salary savings account in IDFC FIRST Bank?
The interest rate of your salary savings account with IDFC FIRST Bank is up to 6.50% p.a.

Q. What will happen if I do not receive my salary in the salary account for months in IDFC FIRST Bank?
Ans. If you do not receive your salary for months in your salary account, you can continue the account as a savings account with the necessary balance requirement.

Q. I am below 60 years of age; can I open a joint account with a senior citizen in IDFC FIRST Bank?
Ans. Even if you are below 60 years of age, you can open a joint account with a senior citizen in IDFC FIRST Bank. However, the primary applicant of the account must be of 60 years of age and above.

Q. What is the frequency of interest pay-out in IDFC FIRST Bank?
Ans.  The interest is credited to your account on a monthly basis in IDFC FIRST Bank.

Q. How can I update my contact details in IDFC FIRST Bank?
Ans. To update contact details, log in to the IDFC FIRST Bank mobile banking app or the net banking portal. Navigate to the profile or personal details section and follow the instructions to update your number.

Q. I have recently opened a savings account with IDFC FIRST Bank, how will I know my account details?
Ans. Once your account has been opened, the bank will send you your customer ID, account number, and IFSC code on your email and SMS. Your welcome kit will also be sent to you on your residential address.

Q. How can I access my IDFC FIRST Bank NRE savings account online?
Ans. You can access your IDFC FIRST Bank NRE savings account online through net banking or mobile banking.

Q. What are the charges for cancellation, revalidation or issuance of duplicate demand draft in IDFC FIRST Bank?
Ans. There are no charges on cancellation, revalidation or issuance of duplicate demand draft in IDFC FIRST Bank.

Q. Are there any charges on IMPS service in IDFC FIRST Bank?
Ans. IMPS transfer in IDFC FIRST Bank is free.

Q. Does IDFC FIRST Bank charge for UPI services?
Ans. There are no charges applicable by IDFC FIRST Bank for UPI services.

Note: The information on this page may not be updated. Kindly refer to the bank website to check the latest information.