IDFC Future First Savings Account

[Walter White]

Thinking of opening a Future First Savings Account with IDFC Bank. The services are more or less similar to a premium account at any bank with no MAB or Debit Card charges (Visa Signature is being offered).

Anyone who is using it currently, how has been the experience?

 

[Piyush_Jaiswal]

It's for students only seems, not allowing general people to open this account

Yes, it's for students.

But there's no strict verification. The official who opens the accounts, just want to see your ID, they don't have to upload or keep it anywhere for verification. So, they can open the account even if you are not a student.

 

[TheTrickySid]

Can we open this account even if we hold a regular savings account with the bank??

 

[Piyush_Jaiswal]

Can we open this account even if we hold a regular savings account with the bank??

@Rahul Gupta has opened wealth and future first both i guess

was both account under same customer id?

 

[TheTrickySid]

@Rahul Gupta has opened wealth and future first both i guess

was both account under same customer id?

@Rahul Gupta please enlighten

 

[ritwik2000]

Yes, it's for students.

But there's no strict verification. The official who opens the accounts, just want to see your ID, they don't have to upload or keep it anywhere for verification. So, they can open the account even if you are not a student.

par bhai mera upload kiya tha usne.

 

[Piyush_Jaiswal]

par bhai mera upload kiya tha usne.

the app has the option to choose the university name, they can choose any

uploading is not compulsory, they may or may not keep

 

[runzone]

@Rahul Gupta has opened wealth and future first both i guess

was both account under same customer id?

I dont think he has 2 accs,

Select is program and future first is acc variant

I might be wrong

 

[ritwik2000]

the app has the option to choose the university name, they can choose any

uploading is not compulsory, they may or may not keep

sad I did not knew about this.

 

[TheTrickySid]

I dont think he has 2 accs,

Select is program and future first is acc variant

I might be wrong

He has 2

 

[Rahul Gupta]

@Rahul Gupta has opened wealth and future first both i guess

was both account under same customer id?

@Rahul Gupta please enlighten

My rm was a very greedy person. I just baited him with some policies, which i never took and got him to open my 2nd future first account.

I also deposited a hugh Ip so that would have mattered alot as well.

 

[Piyush_Jaiswal]

My rm was a very greedy person. I just baited him with some policies, which i never took and got him to open my 2nd future first account.

I also deposited a hugh Ip so that would have mattered alot as well.

Was both account under same customer id ?

 

[aravb]

My account was opened today. I think this is the best savings account right now for people who are eligible. Hopefully IDFC doesn't mess this up in the *Future*

 

[Piyush_Jaiswal]

My account was opened today. I think this is the best savings account right now for people who are eligible. Hopefully IDFC doesn't mess this up in the *Future*

Stay cautious as they freeze account frequently

 

[TheGuy]

they don't have to upload

they have to. they do so using their tablet...

 

[TheGuy]

Stay cautious as they freeze account frequently

any idea about unblock process? have to go to branch?

 

[varun__goel_]

any idea about unblock process? have to go to branch?

Debit freeze can be removed by just calling customer care

If account is under total freeze, best option is to close account

 

[Rahul Gupta]

Was both account under same customer id ?

yes . .

 

[TheGuy]

account is under total freeze

what are the reasons for this?

As I understand- debit freeze can be due to suspicious txn, risk profile mismatch (kyc old but actions new)..

 

[varun__goel_]

what are the reasons for this?

As I understand- debit freeze can be due to suspicious txn, risk profile mismatch (kyc old but actions new)..

IDFC freezes mainly for doing UPI txns