About IDFC First Bank Limited
IDFC First Bank Limited provides a comprehensive range of banking and financial services to individuals, corporates, SMEs, financial institutions, and government entities across India. The bank operates through four key business segments:
- Treasury
- Corporate and Wholesale Banking
- Retail Banking
- Other Banking Business
Key Offerings
The bank delivers a diverse portfolio of financial products and services, including:
- Deposit Accounts: Savings, corporate salary, current, business, and nostro/vostro accounts, along with fixed and recurring deposits.
- Cards & Payments: Debit, credit, and prepaid cards, as well as digital payment solutions.
- Loans & Financing: Personal, home, car, two-wheeler, business, education, gold, and micro-enterprise loans, along with working capital and trade finance options.
- Investment & Insurance: Mutual funds, gold bonds, demat/trading accounts, and a wide range of insurance products including life, health, motor, and travel insurance.
- Digital Banking: Mobile and Internet banking services, along with the BXP online trade portal.
- NRI Banking: Specialized services for Non-Resident Indians, including remittance solutions.
Additional Services
- Wealth management and capital market services
- Cash management and escrow services
- Safe deposit lockers and overdraft facilities
Corporate History: Formerly known as IDFC Bank Limited, the company rebranded as IDFC First Bank Limited in January 2019. Established in 1997, the bank is headquartered in Mumbai, India.