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Startup Current Account (IDFC FIRST Bank)

IDFC FIRST Bank · idfcfirst.bank.in Free Beginner India

IDFC FIRST Bank's startup account: no minimum balance until 3 years from account opening, free IMPS, NEFT and RTGS, for a Pvt Ltd, LLP or OPC incorporated within the last 3 years.

  • Zero balance for 3 years is the longest waiver among the big private banks' startup accounts.
  • Only companies, LLPs and OPCs under 3 years old qualify; a proprietorship does not.
  • An initial payment is asked at opening unless you meet the page's waiver criteria.

It answers 2 questions

  1. Which bank is best for a startup current account in India?
  2. How do I open a current account for my business?

Read with it

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