New Delhi. If you are a customer of IDFC First Bank, the leading private sector bank, then there is news of work for you. Actually, these days IDFC First Bank is offering its customers great cashback offers on debit cards. This offer from the bank is valid till 4 November 2021. According to the information given on the IDFC Bank website, under this offer, one percent cashback offer is available on all payments made through debit cards, except for certain categories.
In this offer being given by IDFC Bank, if you pay with the bank’s debit card from September 17 to November 4, 2021, then you will get one percent cashback. The maximum cashback limit is Rs 10,000.
Here are the terms and conditions to get cashback
>> Online or Offline (POS) transactions done through Debit Card will be valid during the offer period.
>> Offers on ATM Withdrawals made through Debit Card, Money Load in E-Wallet, EMI and Fund Transfer will not be valid.
>> Cashback will be credited to the customer’s account within 48 hours.
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IDFC First Bank pays interest in savings account every month
It is noteworthy that recently IDFC First Bank has started the facility of paying monthly interest for all its savings bank account holders. The new rule of the bank has become effective from July 1. Banks are free to credit interest on monthly basis as per RBI norms. There is no compulsion from the central bank in this regard.
IDFC Credit Card: No interest on cash withdrawal
It is worth noting that the bank is offering 4 types of credit cards, in which monthly interest is from 0.75 to 2.99 percent i.e. 9 percent to 35.88 percent annually. However, only those who have a good credit record will get the benefit of the interest rate of 9 percent. Apart from this, IDFC First Bank is offering interest free cash advance facility to its credit card customers. Customers are charged only Rs 250 (Domestic Cash Advance Fee) on cash transactions.
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