Explore / Business banking / IDFC FIRST Bank vs ICICI Bank
Compared · prices checked 10 November 2026
IDFC FIRST Bank vs ICICI Bank
Pick IDFC FIRST Bank if you are a new company or LLP that wants a current account with no minimum balance. Pick ICICI Bank if you want plain cashback on a business credit card, or its iStartup accounts for startups. ICICI Bank's current account asks for a quarterly average balance of ₹50,000 and its Business Advantage Black card costs ₹1,500 to join and ₹1,000 a year plus GST, where IDFC FIRST Bank is the pick for no minimum balance.
IDFC FIRST Bank
An Indian private bank with current accounts and business credit cards.
Pick it when
A new company or LLP that wants no minimum balance
For
An Indian business opening a current account or a business card.
What it costs
No price we could read on idfcfirst.bank.in.
In India
Indian bank
Founders on eChai
3 of 38 named it for “Which bank do you use and recommend for your startup?”
ICICI Bank
A large Indian private bank with current accounts and Business Advantage credit cards.
Pick it when
Plain cashback on a business credit card
For
An Indian business opening a current account or a business card.
What it costs
Current account: quarterly average balance of ₹50,000; Business Advantage Black card ₹1,500 joining and ₹1,000 annual fee plus GST
Read from icici.bank.in on 10 November 2026
In India
Indian bank; iStartup accounts for startups
Founders on eChai
16 of 38 named it for “Which bank do you use and recommend for your startup?”
Every pick in business banking
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