Personal
Personal Credit Card Business Wholesale NRI

What's special about us
Help

1800 10 888 Customer Care Hotline

Chat with IRA Your personal banking assitant

Help Center Support topics, Contact us, FAQs & more
Login

Are you ready for an upgrade?

Login to the new experience with best features and services

Login to Internet Banking

For Loan Accounts
Pay Loan EMI

For Wholesale Accounts
Login to Wholesale Banking
Login

Are you ready for an upgrade?

Login to the new experience with best features and services

Login to Internet Banking

For Loan Accounts
Login to Manage Loans

For Wholesale Accounts
Login to Wholesale Banking

IDFC FIRST Bulletin

Enjoy Zero Charges on 28 Commonly Used Savings Account Services

Know more Watch video

Enjoy Zero Charges on 28 Commonly Used Savings Account Services

Know more Watch video

Enjoy Zero Charges on 28 Commonly Used Savings Account Services

Know more Watch video

Enjoy Zero Charges on 28 Commonly Used Savings Account Services

Know more Watch video
Customer care 1800 10 888

Select language

Products & Services (12)

Apply Now Product Hom e Loan

Apply Now Product Loan Agaisnt Property - Hom e Loan

Apply Now Product Balance Transfer - Hom e Loan

Apply Now Product Hom e Loan EMI Calculator

See 8 More Results

Recent searches

Download Form Hom e Loan Application Form

Download Product Loan Agaisnt Property - Hom e Loan

Download Article Benefits of Balance Transfer

View All 32 Results

Savings Account with industry best 7% Interest

Notifications

Break the margin barrier

Zero Forex Margin with Real-Time Exchange Rates

Open an account

Calculate your forex margin

Funds you receive monthly

₹

Funds you send monthly

₹

Disclaimer

Unlock 0 FX markup

	IDFC FIRST Bank	Other banks
Funds Sent	₹25,00,000	₹25,25,000
Funds Received	₹25,00,000	₹25,25,000

Total monthly savings:

₹3,00,000

Total yearly savings:

₹3,00,000

Overview

At IDFC FIRST Bank, your needs come first. Our three competitive current account variants - Titanium, Palladium, and Quantum-are tailored for export-import businesses with regular foreign exchange transactions. And with zero forex margin on every international transaction, you maximize profitability and gain an unmatched edge.

Unique benefits for Importers and Exporters

Zero Forex Margin on
transactions up to $50 million

Zero Transaction charges
across remittances

Zero Bill Regularisation
charges applied

Trade first portal, just book
the deal and transact

Real-time Tracking of your
foreign remittances

Dedicated Trade Support
Desk for expert assistance

Explore our tailored zero
trade margin accounts

Quantum

Exclusive banking for large-scale Export-Import businesses with top-tier forex privileges.

Palladium

A Premium solution for high-value Export-Import customers with greater forex flexibility.

Titanium

Empower your Export-Import business with zero-cost banking and smart forex benefits.

Forex margin

Zero on forex transactions up to 12x previous month’s AMB (max USD $50 million annually)

Zero on forex transactions up to 6x previous month AMB (max USD $20 million annually)

Zero on forex transactions up to 2x previous month AMB (max USD $2 million annually)

Amount of Zero Forex margin during onboarding month

INR 900 lakh

INR 150 lakh

INR 20 lakh

BRAVO Auto-sweep FD threshold

INR 1.5 Cr

INR 75 lakh

INR 25 lakh

Average monthly balance

INR 75 lakh

INR 25 lakh

INR 10 lakh

Charges on commonly used current account services

INR 0

Free cash deposit limit

15 times average monthly balance, no upper cap

Open account

Quantum

Palladium

Titanium

Quantum

Exclusive banking for large-scale Export-Import businesses with top-tier forex privileges.

₹75L AMB

Open account

ZERO FX margin on forex transactions up to 12x previous month AMB (max USD $50 million annually)
INR 900 lakh worth of ZERO FX margin during onboarding month
BRAVO Auto Sweep FD facility with ₹1.5 Cr threshold
Ideal for businesses maintaining ₹75,00,000 average monthly balance.
Zero charges on commonly used current account services*
Free cash deposit limit of 15x AMB, no upper cap

Palladium

A Premium solution for high-value Export-Import customers with greater forex flexibility.

₹25L AMB

Open account

ZERO FX margin on forex transactions up to 12x previous month AMB (max USD $50 million annually)
INR 900 lakh worth of ZERO FX margin during onboarding month
BRAVO Auto Sweep FD facility with ₹1.5 Cr threshold
Ideal for businesses maintaining ₹75,00,000 average monthly balance.
Zero charges on commonly used current account services*
Free cash deposit limit of 15x AMB, no upper cap

Titanium

Empower your Export-Import business with zero-cost banking and smart forex benefits.

₹10L AMB

Open account

ZERO FX margin on forex transactions up to 12x previous month AMB (max USD $50 million annually)
INR 900 lakh worth of ZERO FX margin during onboarding month
BRAVO Auto Sweep FD facility with ₹1.5 Cr threshold
Ideal for businesses maintaining ₹75,00,000 average monthly balance.
Zero charges on commonly used current account services*
Free cash deposit limit of 15x AMB, no upper cap

Why Choose IDFC FIRST Bank Zero
Trade Margin Account?

Our Zero Trade Markup current accounts are thoughtfully crafted to address your evolving trade requirements. Benefit from our suite of high-performance business accounts, which provide cost-effective, transparent, and comprehensive banking solutions. So, why pay extra margins, when you can lead the way with our promise of no forex markup? Open a current account online with IDFC FIRST Bank, designed to support your enterprise's growth in India's dynamic business landscape.

How to open a Zero Trade Margin Account online

Choose the right variant

Pick the best account for your business

Fill out the online application

Complete the form on website or app

Upload required documents

Submit PAN, GST, address, signatory proofs

Verification & activation

Account verified and activated quickly online

Who can apply?

Self employed professionals

HUFs (Hindu Undivided Family)

Sole
proprietorship

Partnership

OPC / Private / Limited Company / LLP

Documents needed

Sole proprietorship

2 documents in the name of entity

Proprietor documents

Photo

PAN card

1 OVD copy (officially valid document)

Nature of industry proof*

*in case not indicative in entity documents, please check for invoice copy, bill of entry, freight invoice, or agreement copy

Partnership

Partnership deeds

Partnership registration certificate (for registered firm)

Partnership firm declaration

Entity PAN card no.

Registered office address proof in the name of entity

Communication address proof (if different from registered address)

OVD copy

Of partners or

Of authorised signatories or

Of beneficial owners

Latest photograph

PAN card copy

List of partners with their name, DOB and address

Find out about our fees on your
zero trade margin account

Know more

Frequently asked questions

What is Zero Trade Markup?

There are specific regulations that NRIs in the USA must adhere to when opening an NRI account in India. The Reserve Bank of India (RBI) has set guidelines to ensure compliance and transparency. NRIs need to provide valid identification documents, proof of NRI status, and adhere to the Foreign Account Tax Compliance Act (FATCA) regulations. FATCA requires individuals to report their financial accounts held outside the USA, and Indian banks, including IDFC FIRST Bank, must report NRI account details.

Who can opt for the Zero Trade Markup feature?

How can I avail the Zero Trade Markup feature?

What are the benefits of Zero Trade Markup for businesses?

Are there any charges or conditions associated with Zero Trade Markup?

Are there any specific regulations for NRIs in the USA when opening an NRI account in India?

How does FCNR differ from a GIFT City deposit?

More FAQs

Latest blog posts

Deep dive into everything finance

Credit cards with CFAR travel insurance: Here's ...

Unforeseen circumstances can dampen your travel plans. Don't let it hurt you financially.

Best credit cards for movie buffs

Here's how to catch the latest releases in cinemas at a fraction of the cost with the right credit card.

Credit cards on UPI: Your questions answered

Discover the advantages of linking your credit card to UPI and how to get started.

Credit cards on UPI: Your questions answered

Discover the advantages of linking your credit card to UPI and how to get started.

Platinum current account

Gold current account

Silver plus current account

Merchant multiplier account

Dynamic current account

First startup current account

Platinum current account

Gold current account

Silver plus current account

Merchant multiplier account

Dynamic current account

First startup current account

Platinum current account

Gold current account

Silver plus current account

Merchant multiplier account

Are you ready for an upgrade?

Are you ready for an upgrade?

IDFC FIRST Bank Accounts

IDFC FIRST Bank Deposits

IDFC FIRST Bank Loans

IDFC FIRST Bank Wealth & Insure

IDFC FIRST Bank Payments

IDFC FIRST Bank Cards

IDFC FIRST Bank for Travel

IDFC FIRST Bank for UPI

IDFC FIRST Bank’s Assured Cards

IDFC FIRST Bank’s Rewards for all

IDFC FIRST Bank’s Commercial Cards

More from IDFC FIRST Bank

IDFC FIRST Bank Business Accounts

IDFC FIRST Bank Business Loans

IDFC FIRST Bank Business Solutions

IDFC FIRST Bank Business Offers

IDFC FIRST Bank Lending

IDFC FIRST Bank Trade

IDFC FIRST Bank Cash Management Services

IDFC FIRST Bank Treasury

IDFC FIRST Bank NRI Savings Account

IDFC FIRST Bank NRI Fixed Deposit

IDFC FIRST Bank NRI Forex Solutions

IDFC FIRST Bank Transfer to NRE

Select language

Popular searches

Products & Services (12)

Recent searches

Suggested

Notifications

Avail IDFC FIRST Personal Loan

Avail IDFC FIRST Personal Loan

Avail IDFC FIRST Personal Loan

Avail IDFC FIRST Personal Loan

Avail IDFC FIRST Personal Loan

Avail IDFC FIRST Personal Loan

Avail IDFC FIRST Personal Loan

Avail IDFC FIRST Personal Loan

How do I upload my signature?

How do I track service requests which I have already raised?

IDFC FIRST Bank Mobile App

Drop a ‘Hi on 9555 555 555

Call us on 1800 10 888

Locate our nearby ATM/ Branches

Break the margin barrier

Calculate your forex margin

0%

Avail 0% margin on 100% of these funds (₹25,00,000) by maintaining an average monthly balance of:

₹25,000

Overview

Unique benefits for Importers and Exporters

Zero Forex Margin on transactions up to $50 million

Zero Transaction charges across remittances

Zero Bill Regularisation charges applied

Trade first portal, just book the deal and transact

Real-time Tracking of your foreign remittances

Dedicated Trade Support Desk for expert assistance

Explore our tailored zero trade margin accounts

Quantum

Palladium

Titanium

Quantum

Palladium

Titanium

Why Choose IDFC FIRST Bank Zero Trade Margin Account?

How to open a Zero Trade Margin Account online

Pick the best account for your business

Complete the form on website or app

Submit PAN, GST, address, signatory proofs

Account verified and activated quickly online

Who can apply?

Documents needed

Sole proprietorship

Partnership

Find out about our fees on your zero trade margin account

Frequently asked questions

What is Zero Trade Markup?

Who can opt for the Zero Trade Markup feature?

Avail 0% margin on 100%
of these funds (₹25,00,000) by maintaining an average monthly balance of:

Zero Forex Margin on
transactions up to $50 million

Zero Transaction charges
across remittances

Zero Bill Regularisation
charges applied

Trade first portal, just book
the deal and transact

Real-time Tracking of your
foreign remittances

Dedicated Trade Support
Desk for expert assistance

Explore our tailored zero
trade margin accounts

Why Choose IDFC FIRST Bank Zero
Trade Margin Account?

Find out about our fees on your
zero trade margin account