Earn more on Idle funds with Auto-sweep FD Facility

Save More with Zero Charges on 40+ Services

Manage Personal and Business Banking in One App

Get Started

Platinum Current Account

Your business deserves a Current Account that does more than manage transactions. With the IDFC FIRST Bank Platinum Current Account, you can make your idle funds work harder through the Auto-Sweep FD facility, while enjoying nil charges on 40+ commonly used Current Account services. Designed for growing businesses, this account brings together digital banking, trade forex solutions, doorstep banking, payments and receivables solutions, and transparent fees and charges. Open a Platinum Current Account online and experience business banking that helps you save, earn, and operate with greater ease. Read more

Why Choose Platinum Current Account

Empower your enterprise with the ultimate current account solution

Auto-Sweep to FD

Earn up to 6.50% p.a on idle funds with BRAVO feature

All-in-one App

A single app with 100+ features that meet both personal and business financial needs

Cash Deposit

Enjoy Free Cash deposit limit of 15 times of current month AMB

Zero Fee Banking

Save on banking charges with free NEFT,RTGS and IMPS transactions

Bank from Anywhere

Every branch is the home branch, ready to serve you.

VISA Signature Debit card

Daily ATM limit of ₹2 Lakh and Purchase limit of ₹4 Lakhs

What makes Platinum Current Account more Rewarding

Exclusively tailored benefits for strong businesses that are set to grow

All benefits are available on maintenance of average monthly balance of ₹2,00,000

Visa Platinum Image Bg,Visa Platinum Image Bg

Visa Signature Business Debit Card -
Exclusive Privileges

Platinum Current Account holders can access the Visa Signature Business Debit Card, which offers various travel-and transaction-related benefits:

Complimentary access to the domestic airport lounge twice every quarter, a convenience feature for frequent travelers

Air accidental insurance cover of 1 Crore and Personal Accidental Insurance cover of 35 Lakh, subject to applicable terms

Unlimited and free ATM transactions across India at any bank to reduce transaction-linked costs

A high daily purchase limit of ₹4 Lakh and a daily withdrawal limit of ₹2 Lakh, offering flexibility

Get Started with
Your Platinum Current Account

Who can apply?

The following constitutions are broadly eligible to open an account:

Hindu Undivided Family (H.U.F.)

Sole proprietorship

Partnership

OPC / Private / Limited Company

Limited Liability Partnership

Resident Individual

How to Open a Platinum Current Account

Opening a Platinum Current account online is simple. The following are both online and offline processes:

Online
Offline

Step 1

Click on the "Open Account" link to start your journey

Step 2

Fill in basic details like pin code, email ID, mobile number, and business name

Step 3

Our bank representative will contact you to complete the process and assist your through the process

Prefer offline assistance? Visit your nearest IDFC FIRST Bank branch to get started.

Locate your nearest IDFC FIRST Bank branch

Documents Required for Platinum Current Account

The Platinum Current Account is available to businesses, professionals, firms, companies, trusts, societies, and other eligible entities.

2 documents in the name of Entity

Address proof in the name of entity

Proprietor Document – (Photo, PAN copy and 1 OVD document copy)

Nature of Industry proof (In case not indicative in Entity documents, please check for Invoice Copy, Bill of Entry, Freight Invoice, Agreement Copy)

The final document list may vary by current account variant and regulatory requirements.

Click here to learn more about required documents.

Platinum Current Account Fees & Charges

Standard charges

Platinum Current Account

Average Monthly Balance Requirement

₹2,00,000

Cash Deposit Free Limit

15 times Current month AMB

Charges for Non maintenance of required balance

AMB: 50K- 2 Lakh - ₹1000; AMB: < 50K - ₹1000 + Std charges applicable

Cash Deposit Charges beyond Free limit

₹3 per ₹1000 Min.50

Std Charge

Cash Withdrawal

Free

Cheque Book Issuance - Free limit

Free up to 25 cheque leaves p.m.

Free

Cheque Book Issuance - Charges beyond free limit

₹2 per leaf

Free

Cheque Return charges

Issued: Up to 2nd: ₹500 per cheque; 3rd onwards: ₹750 per cheque deposited: ₹200 per cheque

Free

ECS/ NACH Return

Up to 3 returns: ₹350 per instance; 4th return onward: ₹750 per instance

Free

Click here Fees and Charges

Find out about our minimal and transparent fees & charges View Fees & Charges

Platinum Benefits That Work Harder for Your Business

The IDFC FIRST Bank Platinum Current Account has been designed to make daily business operations smooth. It offers the following features and benefits:

Blogs

View All Blogs

Frequently Asked Questions

All

Min. Balance

Charges

Transactions

Benefits

Compare

What is the minimum AMB for IDFC FIRST Bank Platinum Current Account?

The minimum Average Monthly Balance (AMB) requirement for IDFC FIRST Bank’s Platinum Current Account is ₹ 2,00,000. For non-maintenance of the AMB, charges may apply.

What are the zero-charge services on the Platinum Current Account?

Zero-charge services on a Platinum Current Account can include digital fund transfers (NEFT/IMPS), international ATM / POS transaction charges, Debit Card issuance and replacement, and cash deposit at ATM, home or non-home branch.

What is the free cash deposit limit on a Platinum Current Account?

On an IDFC FIRST Bank Platinum Current Account, there is a limit of 15 times the current month’s AMB for cash deposits.

Can I open a Platinum Current Account online?

Yes, you can open a Platinum Current Account online. When you start the process, you must fill in the basic details and choose the account you want to open.

Does the Platinum Current Account come with a Visa Signature Debit Card?

Yes. The Platinum Current Account comes with a Visa Signature Debit Card, which offers various complementary benefits and high transaction limits.

What trade and forex benefits are available with the Platinum Current Account?

IDFC FIRST Bank offers trade and forex solutions, which can include letters of credit, document collection, hedging and currency protection, escrow services, FDI/ODI/ECB, inward and outward remittances, and bank guarantees.

Is doorstep banking available for Platinum Current Account holders?

Yes. The doorstep banking service offered to the Platinum Current Account holders includes free documents and cheque pickup.

How is the Platinum Current Account different from the Gold Current Account?

Both Platinum and Gold Current Accounts offer a wide range of business banking services, including digital banking, payments, collections, and commonly used Current Account services at no charges.

The Platinum Current Account is designed for businesses that want added value from their account. It comes with the BRAVO Auto-Sweep FD facility, enabling idle funds to earn better returns through automatic sweep into Fixed Deposits, along with a higher monthly free cash deposit limit of up to 15 times the current month’s AMB.

More FAQs

Get in touch with us

ON A MISSION TO BUILD THE WORLD’S MOST

CUSTOMER FRIENDLY BANK

Earn more on Idle funds with Auto-sweep FD Facility

Save More with Zero Charges on 40+ Services

Manage Personal and Business Banking in One App

Platinum Current Account

Why Choose Platinum Current Account

Auto-Sweep to FD

All-in-one App

Cash Deposit

Zero Fee Banking

Bank from Anywhere

VISA Signature Debit card

What makes Platinum Current Account more Rewarding

Access your accounts anywhere, anytime. Just send a 'Hi' to 95555 55555 on WhatsApp

Zero charges on 40+ commonly used Current Account services

Free VISA Signature Business Debit card with 2/ quarter lounge access

Benefit from a suite of payment and collection solutions to optimize your cash flows

Complimentary insurance with the debit card

Leverage our Payment and Collection solutions to optimise your business

We offer Beyond Banking offerings to suit your enterprise's needs.

Preferential Trade & Forex pricing

Visa Signature Business Debit Card - Exclusive Privileges

Get Started with Your Platinum Current Account

Who can apply?

How to Open a Platinum Current Account

Step 1

Step 2

Step 3

Documents Required for Platinum Current Account

Platinum Current Account Fees & Charges

Platinum Benefits That Work Harder for Your Business

Banking Cost Reductions

High Cash Deposit Limits

Premium Debit Card Benefits

Integrated Banking Platform

Payment and Collection Solutions

Blogs

Frequently Asked Questions

What is the minimum AMB for IDFC FIRST Bank Platinum Current Account?

What are the zero-charge services on the Platinum Current Account?

What is the free cash deposit limit on a Platinum Current Account?

Can I open a Platinum Current Account online?

Does the Platinum Current Account come with a Visa Signature Debit Card?

What trade and forex benefits are available with the Platinum Current Account?

Is doorstep banking available for Platinum Current Account holders?

How is the Platinum Current Account different from the Gold Current Account?

Get in touch with us

Visa Signature Business Debit Card -
Exclusive Privileges

Get Started with
Your Platinum Current Account