What is the ATM limit for IDFC bank?

The daily ATM withdrawal limit for IDFC Bank is Rs. 100000.

Is IDFC approved by RBI?

No, IDFC Bank is not a government or nationalized bank. It is a private sector bank established in 1998 as Infrastructure Development Finance Company (IDFC) through an act of Parliament. In 2015, it received banking license from RBI and was renamed as IDFC Bank. Though not a government bank, it is regulated by RBI and maintains high compliance of banking rules and standards.

Is IDFC a government bank?

No, IDFC Bank is not a government or nationalized bank. It is a private sector bank established in 1998 as Infrastructure Development Finance Company (IDFC) through an act of Parliament. In 2015, it received banking license from RBI and was renamed as IDFC Bank. Though not a government bank, it is regulated by RBI and maintains high compliance of banking rules and standardCs.

Is IDFC FIRST Bank safe?

IDFC Bank can be considered a reliable option for banking needs due to its strong financial position and risk management. In over a decade of its operations, it has not faced any major losses due to scams or frauds. The bank adheres to RBI rules and guidelines for customer security and protection of funds. Its digital systems also meet global security standards.

Which bank is good for 0 balance account?

Among major banks, IDFC Bank is a good option to consider for zero-balance savings account. Their Click account allows free transactions and comes without any minimum balance requirement. Other good options are SBI, Yes Bank or IndusInd Bank which also offer Functional zero-balance accounts with decent online banking facilities for day-to-day use.

Does IDFC have minimum balance?

IDFC Bank does not mandate any minimum balance for its Click zero-balance savings account. You are free to use this account without worrying about maintaining any prescribed minimum balance. The bank also does not charge any hidden fees if your account balance goes below a level. This makes IDFC Bank a suitable option for savings needs without a big balance.

Can I open zero-balance account in IDFC Bank?

Yes, you can open a zero-balance savings account with IDFC Bank. Their zero-balance account, called ‘Click’ account, does not require you to maintain any minimum balance. You can use this account to undertake basic banking transactions like deposits, withdrawals, online payments etc. without any constraints of minimum balance.

How to Open IDFC Bank Zero Balance Account Online - 2025

Stable Money Team

Author Updated on May 17, 2025

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IDFC Bank offers several zero balance savings account options that are affordable and convenient for maintaining daily finances. These accounts have minimal requirements and charges, making them a suitable choice. These accounts have no restrictions on minimum balance and allow free financial transactions. This blog talks about the key features and benefits of opening a zero-balance account with IDFC Bank. It discusses the account opening process and describes different types of zero balance accounts catering to various customer segments. Read on to know more about how these accounts allow hassle-free banking without worrying about balance obligations. Let's look into the features, benefits and procedure to open such an account both online and offline with IDFC Bank.

Types of IDFC bank zero balance account

IDFC Bank provides different types of zero balance accounts to suit various customer needs. The main accounts are:

Account type
Savings Account	Maximum Limit: No limit Cheque Book: Available Monthly Withdrawal Limit: ₹25,000 Debit Card: Available Credit Card: Not available Additional Features: Internet banking, UPI
Salary Account	Maximum Limit: No limit Cheque Book: Available Monthly Withdrawal Limit: ₹1,00,000 Debit Card: Available Credit Card: Not available Additional Features: Direct benefit transfer

How to Open IDFC bank zero balance account Online?

Opening a zero-balance account with IDFC Bank online is simple and convenient. Just follow these steps:

Visit IDFC Bank website and click 'Open Account'
Enter basic details like name, DOB, address etc.
Upload scanned documents like ID proof and address proof
Payment of initial deposit can be done via net banking/UPI
Set login credentials for internet banking
Account will be verified and activated within 2 working days

How to Open IDFC bank zero balance account Offline?

You can also open an IDFC Bank zero balance account by visiting a branch near your location. Just carry the required documents and follow the steps:

Visit the nearest IDFC Bank branch with valid ID and address proof
Fill account opening form available at branch
Submit documents and initial deposit at branch
Provide signature and complete KYC process
Account will be opened and you will receive internet banking login details
Debit card will be dispatched to registered address within 7 working days

IDFC bank zero balance account Interest rates - 2025

IDFC Bank provides competitive interest rates on zero balance Savings Accounts. The current rates are:

Balance	Interest
Balance up to ₹1 lakh	3% per annum
Balance above ₹1 lakh up to ₹5 lakh	4% per annum
Balance above ₹5 lakh	7% per annum

Fees and charges of IDFC bank zero balance account

IDFC Bank zero balance accounts have minimal processing and maintenance charges. Some common charges include:

Online monthly statement: Free
Physical monthly statement: Rs 100+GST per quarter
Cheque book of 10 leaves: Rs 50+GST
Cheque return/bounce charges: Rs 150+GST
ATM transaction fee after 3 free transactions: Rs 20+GST
Account closure within 6 months: Rs 500+GST
Debit card annual fee: Rs 100+GST for primary card

Eligibility criteria to open IDFC bank zero balance account

Opening a zero-balance account with IDFC Bank is easy, with minimum eligibility criteria. You need to:

Be a resident Indian citizen/NRI
Be 18 years or above
Provide valid ID proof and address proof
Have a valid mobile number for account activation
Initial deposit is not required
Know Your Customer (KYC) process needs to be complete
Address on documents should match present address

Documents required to open IDFC bank zero balance account

To open a zero-balance account with IDFC Bank, you need to submit the following documents:

Recent passport size photograph
Valid ID proof like PAN card, Voter ID, Driving License, Passport
Address proof like Aadhaar card, Passport, Driving License, Voter ID
In case of minor, documents of parents or guardian required
Signed account opening form available on bank website
Initial deposit is not required as it is a zero-balance account

IDFC bank zero balance account Welcome Kit

Once your account is opened, you will receive an exclusive welcome kit from IDFC Bank. It includes:

Debit card for making purchases and cash withdrawals
Internet banking login details for transactions online
Cheque book of 10 leaves (if opted for)
Passbook to keep record of transactions
Bank contact details and IFSC code
Complimentary debit card insurance up to 1 lakh
Debit card PIN details sent via SMS

IDFC bank zero balance account Helpline

IDFC Bank provides round-the-clock support to its customers for any queries or assistance regarding their zero balance accounts.

Bank address	IDFC FIRST Bank Ltd., Naman Chambers,C-32,G-Block, Bandra-Kurla Complex, Bandra East,Mumbai - 400051, India
Helpline contact number	Customers can call the toll-free number 1800 10 888 (from an India number) or 18337039805 (if calling from an international number) for account related help.
Helpline email address	Customers can also email their queries to .

The customer care executives will respond promptly via email or phone to address issues or clarifications.

Final Word

Opening a zero-balance account with IDFC Bank is a simple process that takes less than 7 days to complete once the online or offline application is submitted along with necessary documents. Such accounts offer best in class benefits like unlimited transactions, debit card and more. IDFC Bank provides versatile zero balance account options for individuals, students and professionals. These accounts offer excellent digital banking ease combined with basic banking facilities like debit card and cash deposits/withdrawals. For people with occasional banking needs IDFC Bank assures convenient account usage and maintenance. Its widespread network and customer centric approach make zero balance accounts a sensible choice.