IDFC Zero Balance Account Opening

1. You will get a free debit card and plus, there are no hidden charges. 

1. You can earn a good rate of interest on your savings account balance. 

Eligibility Criteria Required  

The eligibility criteria are different from account to account, but there are some common requirements for opening any zero-balance savings account. These are as follows: 

1. Must be a citizen of India 

1. Must be a resident of India 

1. Foreign nationals in India meet GOI criteria. 

Types of IDFC Zero Balance Account Opening 

IDFC Bank offers four types of savings accounts with a zero balance. These are as follows:  

IDFC FIRST Corporate Salary Account 

You can now get your salary in IDFC FIRST Corporate salary account, without worrying about penalties for low balances. To open this account your salary must be Rs.50,000. This kind of account is very beneficial for those who need flexibility in managing their finances. 

Benefits: 

1. You can easily access your funds anytime with a daily limit of Rs.2 lakh ATM withdrawal limit.   

1. You can earn rewards on every debit card transaction. On monthly spending above Rs.20,000, you can get 10 times increased reward points. 

1. You can also get some additional benefits such as special deals and discounts on groceries, entertainment, and travel. 

Future FIRST Savings Account 

This saving account is only for the students who are graduate or postgraduate from the top universities of India. You will get a free visa signature debit card with this saving account. 

Benefits: 

1. There will be exclusive dining deals with the debit card. 

1. You will get two free airport lounge access every three months. 

1. You will get air accident coverage and personal accident coverage worth up to Rs.1 crore. 

Nation FIRST Salary Account 

This is a special salary account which is mainly for the employees working in the government sector. By opening this account, you will get access to many benefits. You can only open this account if you work in the public sector. 

Benefits: 

1. You will get an air accident cover and personal accident cover worth up to Rs.1 crore. 

1. You will get unlimited access to any bank ATM. 

1. You will be provided with a Visa Platinum Debit Card. 

1. More benefits include child education grants, girl child marriage cover, purchase protection, and lost card liability on your account. 

Pratham Savings Account (BSBDA) 

It is a basic savings bank deposit account, and this account is mainly for the customers who do not have a savings account with IDFC FIRST Bank or a BSBDA account with any other bank.  

Benefits:  

1. You will get an ATM withdrawal limit of Rs.25,000 daily. 

1. You will get free personal accident insurance worth Rs.2,00,000. 

1. You will be provided with a POS limit of Rs.1,00,000 daily. 

Documents required for Zero Balance Account Opening 

The following documents will be needed if you want to IDFC open a zero-balance saving account physically: 

Note: If you want to open your account online then you will be required only a PAN number and an Aadhaar number. 

How to Open an IDFC Bank Saving Account Online 

You can easily open your account online by following these simple steps: 

• Firstly, visit the official website of IDFC FIRST Bank. 
• Then go to the “Accounts” section and select the option “Savings Account.” 
• You need to fill in your basic details on the page that opens. 
• Now select the type of savings account you want to open and provide the required information. 
• Your account will be verified based on the information you provided. 
• After verification, your account will be opened, and you will receive the documents and a debit card. 

How to Open an IDFC Bank Saving Account Offline 

If you want to open the account physically then follow the given below steps: 

• You need to visit the nearest branch of IDFC FIRST Bank and fill out the savings account form. 
• Provide your basic details and choose the type of savings account you want to open. 
• Submit your self-attested PAN, Aadhaar card and required documents to the bank official. 
• After verification, your account will be opened, and you will get a welcome kit with all the details.