IDFC FIRST Bank: MobileBanking

IDFC FIRST Bank Ltd.

About this app

Welcome to IDFC FIRST Bank’s Mobile Banking App. Enjoy a fast and seamless online banking experience, with integrated banking services and exciting features.

Experience the joy of
* One-Swipe Banking: Swipe to view your account balances and manage credit card/debit card details, deposits, investments, etc.
* Seamless Payments & Transfers: Make secure payments, UPI transfers, and bill payments instantly.
* Zero Fee Banking: Enjoy over 28 commonly used Savings Account services free of cost, including money transfers, cheque re-issuance, debit card issuance, ATM withdrawals, etc.
* Building Wealth: One screen to view your investment portfolio. Get curated investment recommendations based on your risk profile.
* Being in Control: Track, analyse and manage your expenses across categories
* Investing for your Life Goals: Choose your investment goals – be it a wedding, children’s education, or retirement. Also, create goals with curated recommendations.
* Personalized Offers: Get exciting offers you can use across dining, lifestyle, travel and more. Find what you are looking for with our suggestive in-app features.
* Affordable Instant Loans: Avail pre-approved loan offers at attractive interest rates and flexible tenures.


Secure Fund Transfers & Payments
⭐ Free fund transfers to any bank account without adding beneficiary
⭐ Easy bill payment and recharge – mobile recharge, DTH and utility bills
⭐ No charges on cash withdrawals & deposits or international ATM & POS transactions
⭐ 3-click digital payments of utility and credit card bills
⭐ Zero fee on money transfer (मनी ट्रांसफर) to bank accounts through IMPS, NEFT, or RTGS

UPI Payments App:
⭐ Transfer funds, pay your credit card bills, invest in mutual funds, pay personal loan EMIs, buy and recharge FASTag using UPI, thanks to our partnership with NPCI. It’s 100% online!
⭐ Link your bank (बैंक) accounts and view your savings account (बचत खाता) balances and statements

Other Banking Services:
⭐ Apply for debit card & cheque book via app completely free of charge
⭐ Use smart filters to view transactions
⭐ Manage credit card payments, download statements, and redeem credit card (क्रेडिट कार्ड) rewards
⭐ Quick purchase and recharge of FASTag
⭐ Zero fee on DD & Pay order issuance & 3rd party withdrawals
⭐ No ECS return fee & decline fee at ATMs for low funds
⭐ Get personalised offers across loans
⭐ Contact us via Chat, Video Call and Call Centre

Steps to download and use our App:
☛ Download the banking app
☛ Log in via user ID and password or mobile number and MPIN
☛ Subsequent log-ins can be done via Face ID or fingerprint scanner (biometric)
☛ SIM Binding feature for secure banking (बैंकिंग)

Steps to open a digital banking account (बैंक खाता):
☛ Download and install our banking app
☛ Click on ‘Open savings account’ (सेविंग्स अकाउंट) on main page
OR
☛ Click on Login and on the login page’s top right corner, click on three dots
☛ Click on ‘Open savings account’

Investment, Mutual Funds & IPOs App:

Explore online investment services:
✓ Invest in Mutual Funds online with Instant SIP
✓ Invest in equity, debt, large-cap and multi-cap
✓ Save tax with ELSS mutual funds
✓ Invest in Unit Linked Insurance Plans(ULIP) and Online Sovereign Gold Bonds

Insurance App:
Buy health, bike & car insurance through our app

Personal Loan Features:
Loan amount: ₹20,000 to ₹40 lakhs
Personal Loan Tenure: 6 to 60 months
Annual Percentage Rate: 11% to 28%

Representative Example:
Loan amount: ₹1,00,000
Loan Tenure: 12 months
Interest Rate (reducing): 20%
EMI Amount: ₹9,264
Total Interest Payable: ₹11,168
Processing Fee (incl GST): ₹3,499
Disbursed Loan Amount: ₹96,501
Total Amount Payable: ₹1,11,168
Total cost of Loan (Interest + Processing Fee): ₹14,667


Disclosure:
By downloading the IDFC FIRST Bank Mobile App, you agree to our Terms & Conditions, as well as IDFC FIRST Bank’s privacy policy. To go through the T&Cs, please visit https://www.idfcfirstbank.com/terms-and-conditions

Ratings and reviews

Earlier, whenever we used to send money to any added beneficiary, IMPS was selected as the default setting. But after the 2.0 update in the app, the default setting has been set to NEFT which is very useless for the users. I have informed the bank officials about this three to four times. But the team is not doing any work on this, the biggest issue with NEFT is that the money is not sent to the receiver's account It takes about 30 to 40 minutes for the money to be transferred which no one can.

With the new update, when I click on Transaction history, it keeps saying session expired, please login again. This is extremely annoying, please rectify it ASAP. Other than that, this app is better than other bank apps

It's a slow poison of your pocket. Initially they said, everything is free. After few months start cutting the huge charges on all the Credit Card transactions and Rupay Card. Their charges and interest rates are very very high. If you use their Credit card then you will loose your huge money and CIBIL Score. Go to HDFC or ICICI or any other Bank.

What's new

* Now track your external Mutual Funds in the 'Connected Accounts' dashboard for a holistic view of all your Savings Accounts and Mutual Funds!
* Pay and close your two-wheeler and consumer durable loans easily with the "Other Loans Foreclosure" feature.
* Fulfil post-loan closure requirements for vehicle loans with our "NOC for 2/4 Wheeler Loans". NOC will now be delivered straight to your doorstep!