How to Close IDFC First Bank Account Online in 5 Minutes

Closing a bank account seems to be complicated but banks have made the process much more easier. IDFC first bank is one of the bank that offers its customers an easy account closure process. if you are thinking to close your IDFC first bank account it is important to know the available options and process in detail. Continue reading to learn about the IDFC first bank account closure process online and offline-

Quick Summary:

• IDFC First Bank allows customers to close their bank accounts through both online and offline methods.
• Before closing the account, customers must clear pending dues, cancel autopay mandates, and ensure no negative balance exists.
• Closure confirmation is generally provided within 5–7 working days.
• Customer support is available through toll-free numbers for assistance.

How to Close an IDFC First Bank Account Online?

Here is a step-by-step procedure you need to follow for IDFC First Bank online account closure:

• Visit the IDFC First Bank official website.

• Click on login to Internet Banking

• Log in to your account using your credentials. 

• Select the ‘Account Services’ button
• Next, click on ‘Account Closure’.
• Choose the account you want to close online
• Click on the ‘Continue’ tab.
• Provide the reason as to why you want to close your IDFC account and click on the ‘Submit’ tab.
• After submitting the form, you will receive a confirmation message on your registered email ID and mobile number. 

After confirmation of your request to close the IDFC Bank account online, the bank will close your account within seven working days. 

Also Read: https://stablemoney.in/blog/how-to-close-fd-in-axis-bank

How to Close an IDFC First Bank Account Offline?

Follow the steps mentioned below to close your IDFC First Bank account offline:

• Visit the nearest IDFC First Bank branch. 
• Fill out the account closure form with the all the details
• Attach the required documents.
• Submit this duly filled form with documents to the bank branch. 
• Now, collect the acknowledgement slip from the branch.
• Clear all pending dues if any.
• Collect the final confirmation letter for account closure after 5 to 7 working days from the bank branch.

Documents Required to Close IDFC First Bank Account

Here is a list of documents you are required to submit to close the IDFC First Bank account online:

• A duly signed  IDFC First bank account closure form
• Identity-proof documents like an Aadhaar card or PAN card
• Address proof documents like utility bills
• Latest IDFC bank account statement or cancelled cheque
• Your bank passbook if it was issued

Pre-Closure Considerations for IDFC First Bank Account

Here are the essential points you need to consider before you decide to close your IDFC online account:

• Complete or cancel all transactions that are still pending
• Turn off any automatic payments that are connected to your IDFC First Bank account
• Set up redirection for any direct deposits to your new account
• Ensure that your account does not have negative balances or overdrafts, and clear all such dues if they exist

Closing IDFC First Bank Account Online With Negative Balance

If you request to close the IDFC First Bank account online with a negative balance, the bank will decline your request. The bank will ask you to pay the amount and accept your account closure request.

Generally, IDFC Bank does not allow you to keep a negative balance in your account. If you overdraw the amount from your bank many times or maintain your account balance negative for a long time, the bank will close your account.    

Also Read: https://stablemoney.in/blog/how-to-close-fd-in-bob

IDFC First Bank Account Closing Form PDF

To close an IDFC First Bank account online, download the account closure form from the official website. You must also sign it and attach the required documents with the form. You can search for the form online or get the IDFC First Bank account closure form PDF from here. 

IDFC First Bank Customer Care for Account Closure Assistance

If you have any issues or queries related to IDFC First Bank account closure, you can contact them at the following details:

Conclusion

Understanding how to close the IDFC First Bank account online or offline is crucial when determining whether to close the banking relationship. Whether you do it online or offline, finish all pending transactions and gather the required documents to make the process easier. Additionally, always retain the confirmation of your closure request for future reference.

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