anuragmukherjee28
Moderator
IDFC First Bank offers several zero balance account options:
1. Pratham Savings Account:
1. Pratham Savings Account:
- Zero minimum balance requirement.
- No account opening charges.
- Basic banking services like cash deposits, withdrawals, and ATM transactions.
- No requirement to maintain an average monthly balance (AMB).
- Ideal for individuals who want a simple, no-frills savings account with no balance requirements.
- Zero minimum balance requirement. (1 feb 2024 - now its updated to 10k/25k minimum balance)
- Opened and managed entirely online through the IDFC FIRST Bank mobile app or website.
- Offers a wide range of digital banking features, including instant fund transfers, online bill payments, and mobile recharges.
- No AMB (Average Monthly Balance) requirement.
- good for people, who does not want to visit bank branches
- Zero minimum balance requirement for the first 4 months.
- After 4 months, a minimum average monthly balance of ₹25,000 is required.
- Earns interest on the daily balance.
- Offers a free VISA Platinum Debit Card with exclusive benefits.
- Provides 24x7 customer support.
- Zero minimum balance requirement for the first 3 years.
- Designed specifically for startups and new businesses.
- Unlimited free NEFT, IMPS, and RTGS transactions.
- No AMB requirement for the first 3 years.
- Tailored loan offerings for startups.
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