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As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.
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Safety has always been held in the highest regard in banking. You should be able to save, invest and borrow without worrying about losing your hard-earned funds. The Reserve Bank of India (RBI) aims to strengthen this very foundation with .bank.in migration. With this move, it focuses on making digital banking as safe as it is accessible for you. As with any change, questions and confusion are natural, giving rise to some .bank.in migration myths. Let’s break them down.
If you’re coming across any of the .bank.in migration misconceptions, get the real picture here:
With all the chatter around .bank.in migration, the shift can seem like it would include downtime or disruption for a while. The truth is, the transition is designed to go through smoothly. That means nothing changes in how you access banking services. Your login credentials, funds and account settings remain working just as they would otherwise.
While there is a security upgrade associated with .bank.in migration, it does not require you to reset passwords. The reality of this domain migration myth is that the required changes happen entirely at the bank’s end. Banks in India are required to strengthen their digital presence, not your login data. Thus, you can continue with your current user credentials.
If you have saved your bank’s website or net banking page, you might think those links will stop working after the domain switch. In reality, the links you have saved will redirect to the new .bank.in site. So, your bookmarks will still reach the right place. While this works, it’s best to avoid saving any of your banking credentials on the portal to deter cyber attackers.
One of the most common .bank.in migration myths is that you are migrating to a new site entirely, which means going over all the steps again. But the truth is, there’s no need to start from scratch. Your current login credentials and account settings continue to remain valid. The banks handle all the technical changes behind the scenes to keep your access uninterrupted.
As the migration specifically highlights the domain, it is natural to believe only the bank website will change. But the truth behind this .bank.in migration misconception is that it affects both online banking portals and mobile banking apps. Many banks are likely to update mobile-app links and backend domains as part of the same migration to maintain consistency and security.
Change can feel overwhelming, especially when it involves your money. But the RBI’s domain migration for banks is a step towards a safer digital banking journey for you. Now that you know what’s real and what’s just a .bank.in domain migration myth, you can continue to use your banking services with your mind at ease.
If you have any questions, you can check RBI notifications or reach out to your bank. All banks, including IDFC FIRST Bank, are at your behest with robust customer support systems to make your banking journey smooth and worry-free.
There are no significant changes expected in your bank’s portal or mobile banking app post the migration. The change has more to do with the infrastructure. Therefore, look and features should stay similar to maintain the same functionality, unless the bank makes stylistic decisions separately.
Scammers tend to exploit various situations to catch you off guard. The key is to remember that banks don’t contact you to share unnecessary OTPs or send you unwarranted links. Stay vigilant and avoid falling for such cyberattacks.
Yes, as per the RBI circular on the adoption of secure .bank.in domains (read here), all licensed banks in India are required to complete their migration to the .bank.in domain by 31st October 2025.
If you encounter anything unusual with your account and banking services after the migration, connect to your bank’s customer support immediately.
The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.
The features, benefits and offers mentioned in the article are applicable as on the day of publication of this blog and is subject to change without notice. The contents herein are also subject to other product specific terms and conditions and any third party terms and conditions, as applicable. Please refer our website www.idfcfirst.bank.in for latest updates.
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