IDFC First Bank charges 25 services of savings account free, see list

IDFC First Bank Zero charge on savings accounts (Zero Charge on Saving Accounts) Announcing banking, said that charges are waived off on 25 commonly used banking services. (Free 25 Banking Services) have make. Banking services include Cash Deposit and Withdrawal at the branch, Third Party Cash Transaction, Demand Draft, IMPS, NEFT, RTGS, Check Book, SMS Alert, Interest Certificate, Insufficient Balance for ATM Transaction, International ATM Use, etc. This facility of the bank has come into force from 18th December.

The bank said that customers maintaining an average monthly balance of Rs 10,000 as well as as low as Rs 25,000 AMB savings account variant will enjoy these benefits. In addition, all customers, and especially those with low financial literacy, who find it difficult to calculate fees and charges, will be benefited, the bank said.

These are those 25 services

1. Number of cash transactions at the branch per month (cumulative of deposits and withdrawals)
2. Value of cash transactions at branches (cumulative of deposits and withdrawals)
3. Third Party Cash Transaction Charges at Branches (cumulative of deposits and withdrawals)
4. Demand Draft/PO at Bank Location (Issue Charges)
5. IMPS Charge – Outward
6. NEFT Charge – Outward (Branch)
7. RTGS Charge – Outward (Branch)
8. check book charge
9. sms alert charge
10. issue of duplicate statement
11. passbook charge
12. balance certificate
13. Intrust Certificate (fee per certificate)
14. Account closure (from the date of account opening)
15. ecs return charge
16. stop payment charge
17. International ATM/POS Transaction Charges
18. Charges for insufficient balance amount per transaction at ATM
19. Standing Instruction Charge
20. Manager’s Cheque/Demand Draft Cancellation/Revalidation
21. photo attestation charge
22. Signature Attestation Charges
23. Charges for copy of old records/paid checks
24. Address Confirmation Charges
25. Any delivery returned by courier from negative regions