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Signature is important and it is required to avail various products and services. To upload your signature
1. Go to More
2. Select Customer Service Dashboard
3. Select ‘Savings/Current Accounts’
4. Select ‘Upload Signature’ to upload your signature.
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2. Scroll down to "Track my service requests" to find all your requests
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Apply NowZero fee banking, or free banking, is a relatively new concept in India that many people are unaware of. It is a term used to describe a banking service that does not chargeany fees for basic services such as ATM withdrawals, IMPS, RTGS, NEFT, etc. While this concept may sound appealing, a few banking myths surrounding zero fee banking should not be believed.
Let us s debunk 5 common banking myths to help you make an informed decision.
This is a common misconception. While many digital banks offer no-fee banking exclusively through online or mobile platforms, some banks also offer fee-free options that can be accessed in person.
For example, IDFC FIRST Bank offers zero banking services on all online and offline services. Personal banking services include IMPS, NEFT, RTGS, ATM transactions, duplicate passbooks, SMS alerts, etc.
Your credit score does not typically affect your ability to open a bank account that offers zero fee banking services.
Zero fee banking is a service that isas convenient and secure as traditional banking. By offering secure banking options at no cost, zero fee banking services can be great for customers looking to achieve financial freedom without worrying about unnecessary fees.
Since zero fee banking in simple words is - ZERO fees on savings account banking services and it is as accessible as any other banking option. However, a few banks might have a minimum monthly savings account balance requirement to avail of this service.
Your credit score is based on payment history, credit utilisation, length of credit history, etc., which are not directly affected by the type of savings account you use.
Many myths surrounding zero fee banking may prevent you from considering it. However, it is important to understand that zero fee banking is a legitimate and increasingly popular choice to avoid unnecessary bank charges.
IDFC FIRST Bank offers Zero Fee Banking* on savings accounts and waives fees on all commonly-used banking services listed below
· IMPS charges (outward)
· NEFT charges (outward at branches)
· RTGS charges (outward at branches)
· Cash deposit & withdrawal charges at branches (by number)
· Cash deposit & withdrawal charges at branches (by value)
· SMS alert charges
· Cheque book re-issuance charges
· Debit Card issuance charges (first year)
· ATM transaction charges
· Third party cash deposit and withdrawal charges at branches
· Demand draft/pay order issuance charges at branches
· Duplicate statement issuance charges
· Duplicate passbook issuance charges
· Balance certificate issuance charges
· Interest certificate issuance charges
· Account closure charges
· ECS return charges
· Stop payment of cheque charges
· International ATM/POS transaction charges
· Decline charges for insufficient balance at ATM
· Standing instruction charges
· Photo attestation charges
· Manager’s cheque/demand draft cancellation/revalidation charges
· Signature attestation charges
· Charges for retrieval of old transactional records
· Address confirmation charges
· Charges for any deliverable returned by courier due to negative reasons
· Cheque bounce charges
Don’t wait, apply for a savings account with IDFC FIRST Bank today and avail of this service along with benefits like high interest on savings accounts, monthly interest credits, discounts and offers on debit cards, and more.
Disclaimer
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.
The features, benefits and offers mentioned in the article are applicable as on the day of publication of this blog and is subject to change without notice. The contents herein are also subject to other product specific terms and conditions and any third party terms and conditions, as applicable. Please refer our website www.idfcfirstbank.com for latest updates.