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Product Hom e Loan

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
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Savings Account with industry best 7% Interest

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Savings Account Overview

Maximize your Savings Potential with Monthly Interest Credits IDFC FIRST Bank Savings Accounts offer monthly interest credits, rewarding account holders with monthly interest payments on their balances. With this type of Savings Account, the interest is calculated and credited to your account balance each month, unlike most other banks that offer quarterly interest pay-outs.

With monthly interest credits, the interest earned on your savings account is compounded. This means interest is paid on the initial deposit as well as the interest earned on previous deposits. This compounding effect is what allows your account balance to grow rapidly.

Open an Account

Savings Account Interest Calculator

Compare your bank with IDFC FIRST on interest earnings. See our interest rate chart

Account balance

IDFC FIRST Bank pays you 7% interest on balances between ₹10L and ₹100Cr. See our interest rate chart

₹10K
₹25K
₹1L
₹10L
₹25L
₹50L
₹1Cr
₹5Cr
₹10Cr
₹20Cr
₹100Cr
₹200Cr

TIP: Try a balance between ₹10L and ₹100Cr.

(IDFC FIRST Bank pays you 7% annual interest in this range!)

Rate of interest in your bank

paid quarterly

Almost all Indian banks pay interest on savings account balance every 3 months. IDFC FIRST pays you every month.

1.5%
1.75%
2%
2.25%
2.5%
2.75%
3%
3.25%
3.5%
3.75%
4%
7IDFC FIRST Bank%

Looking for higher interest?

IDFC FIRST earns you 7% interest on account balances between ₹10L and ₹100Cr.

See our interest rate chart
Compare earnings okay

free, unlimited ATM withdrawals

every branch a home branch

high rates of interest

zero charges on 36+ essential account services

Open a Savings Account

Wow! you could earn

₹56,314 more

every year with an IDFC FIRST Savings Account

Annual interest earned

₹1,16,314

IDFC FIRST

progressive interest

₹60,000

your Bank

flat interest

Open a Savings Account

What our partners have to say

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Bruce Wanes
Green Apple
Lorem ipsum dolor sit amet, consetetur sadipscing elitr,sed diam nonumy eirmod tempor invidunt ut labore. Lorem ipsum dolor sit amet,
Bruce Wanes
Green Apple
Lorem ipsum dolor sit amet, consetetur sadipscing elitr,sed diam nonumy eirmod tempor invidunt ut labore. Lorem ipsum dolor sit amet, consetetur sadipscing elitr,sed diam nonumy eirmod tempor invidunt ut labore.
Bruce Wanes
Green Apple
Lorem ipsum dolor sit amet, consetetur sadipscing elitr,sed diam nonumy eirmod tempor invidunt ut labore. Lorem ipsum dolor sit amet, consetetur sadipscing elitr,sed diam nonumy eirmod tempor invidunt ut labore.
Bruce Wanes
Green Apple
Lorem ipsum dolor sit amet, consetetur sadipscing elitr,sed diam nonumy eirmod tempor invidunt ut labore. Lorem ipsum dolor sit amet, consetetur sadipscing elitr,sed diam nonumy eirmod tempor invidunt ut labore.
Bruce Wanes
Green Apple

How to Use The Home Loan Balance Transfer Calculator?

Using the home loan balance transfer calculator is a simple way to know how much is payable after transferring your home loan to IDFC FIRST Bank.

Here are a few simple steps to calculate your home loan balance transfer amount:

  • Enter the details of your existing loans, such as lender’s details, loan starting and ending dates, and property location. Next, move the slider to adjust the amount of the loan sanctioned.
  • Adjust the existing loan tenure using the respective slider.
  • Specify the current interest rate offered by moving the slider from left to right.
  • Adjust the new interest rates you get from the bank where you wish to transfer the balance of your loan.
  • Click on the Calculate button to determine your revised EMI and loan tenure.

Using the home loan balance transfer calculator is a simple way to know how much is payable after transferring your home loan to IDFC FIRST Bank.

Apply Now

Here’s a detailed overview of our Savings Account with different AMB variants:

Special Features Average Monthly Balance of ₹10,000 Average Monthly Balance of ₹25,000
NMC charges waived off for 3 years Free and unlimited transactions at any bank ATM* Free and unlimited transactions at any bank ATM*
No minimum balance required for first 3 years Free and unlimited transactions at any bank ATM* Free and unlimited transactions at any bank ATM*
Cash Deposit facility of up to Rs. 30 lakhs Free and unlimited transactions at any bank ATM* Free and unlimited transactions at any bank ATM*
Free door-step banking for 1 location Free and unlimited transactions at any bank ATM* Free and unlimited transactions at any bank ATM*
Secured Credit Card for Early-stage start-up’s Free and unlimited transactions at any bank ATM* Free and unlimited transactions at any bank ATM*
Working Capital for pre profit startups Free and unlimited transactions at any bank ATM* Free and unlimited transactions at any bank ATM*
Unlimited & Free IMPS/NEFT/RTGS transactions for 3 years Free and unlimited transactions at any bank ATM* Free and unlimited transactions at any bank ATM*

*Products are subject to eligibility

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Ways to transact using the digital rupee

Want to be part of IDFC FIRST Bank e-rupee movement? Let us know

  • Scan e₹ QR code to pay a merchant
  • Transfer money to friend’s or family via linked mobile number
  • Load your e₹ wallet via linked IDFC First bank account or UPI
  • Get instant money in your e₹ wallet from friends 24/7 as all transaction are instant.

Using the home loan balance transfer calculator is a simple way to know how much is payable after transferring your home loan to IDFC FIRST Bank.

Apply Now

FAQs

Explore all
How do I redeem my reward points?

Reward points can be redeemed against products at the bank's online shopping portal, as Airmiles or in cash value to reduce your amount due. The redemption value of points to Rupees will vary depending on the exchange category.

Redeem your Reward Points now!
Read more on our FinFirst Blog
How do I upload my signature?

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How do I check the status of my Loan application?

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How can I change the Account from which my EMI is deducted?

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Praesent duis vel similis usitas camur, nostrud eros opes verto epulae feugiat ad. Suscipit modo magna letalis amet et tego accumsan facilisi, meus. Vindico luptatum blandit ulciscor mos caecus praesent sed meus velit si quis lobortis praemitto, uxor.

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