{"id":19855,"date":"2025-01-01T13:11:08","date_gmt":"2025-01-01T13:11:08","guid":{"rendered":"https:\/\/popularreads.co\/idfc-first-bank-launches-idfc-first-academy-on-eve-of-new-year-2025\/"},"modified":"2025-01-01T13:11:08","modified_gmt":"2025-01-01T13:11:08","slug":"idfc-first-bank-launches-idfc-first-academy-on-eve-of-new-year-2025","status":"publish","type":"post","link":"https:\/\/popularreads.co\/?p=19855","title":{"rendered":"IDFC FIRST Bank launches IDFC FIRST Academy on eve of New Year 2025"},"content":{"rendered":"<div class='booster-block booster-read-block'>\n                <div class=\"twp-read-time\">\n                \t<i class=\"booster-icon twp-clock\"><\/i> <span>Read Time:<\/span>5 Minute, 10 Second                <\/div>\n\n            <\/div><p style=\"line-height:1;margin-bottom:0px;margin-left:24px;margin-top:0px;text-align:center\"><span style=\"font-family:Calibri;font-size:13.33px\"><i><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">Move to enhance Financial Literacy in India<\/span><\/i><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-left:24px;margin-top:0px;text-align:center\">\u00a0<\/p>\n<p style=\"line-height:1;margin-bottom:10.67px;margin-top:0px;text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>1<sup>st<\/sup> January 2025, Mumbai<\/strong><\/span><\/span><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>: <\/strong><\/span><\/span><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">IDFC FIRST Bank is proud to announce the launch of <\/span><\/span><span style=\"color:#c00000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>IDFC FIRST Academy<\/strong>, <\/span><\/span><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">a comprehensive financial literacy initiative available through digital platforms. This Academy reflects the Bank\u2019s mission to enhance financial literacy, enabling individuals to better manage their financial matters.<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">Participants can easily access the courses of IDFC FIRST Academy at <\/span><\/span><a href=\"https:\/\/www.idfcfirstacademy.com\/\"><span style=\"color:#0563c1;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><u>https:\/\/www.idfcfirstacademy.com<\/u><\/span><\/span><\/a><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"> on the browser of the desktop or the mobile. For IDFC FIRST Bank customers, it is also available on the mobile Banking App.<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">IDFC FIRST Academy has simplified complex financial subjects in easy-to-understand bite-size modules with easy, expert-designed content for quick and effective learning. It has blogs, videos, and interactive quizzes for diverse learning styles. It also includes Real-world scenario-based activities to enhance practical understanding. Finally, it has Certification programs to recognize learning of the participant.<\/span><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"aspect-ratio:970\/545\" src=\"https:\/\/press-release-v1.s3.ap-south-1.amazonaws.com\/order\/19630\/1735724765370_0.png\" alt=\"YGIUEduwILAAAAAElFTkSuQmCC\" width=\"970\" height=\"545\" \/><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-left:24px;margin-top:0px;text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">\u00a0\u00a0<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-left:192px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"aspect-ratio:970\/545\" src=\"https:\/\/press-release-v1.s3.ap-south-1.amazonaws.com\/order\/19630\/1735724765524_1.png\" alt=\"wERHloTmHYNcwAAAABJRU5ErkJggg==\" width=\"970\" height=\"545\" \/><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-left:24px;margin-top:0px;text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/strong><\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-left:24px;margin-top:0px;text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/strong><\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">The program has three levels: Foundation, Intermediate and Advanced. With <strong>35 courses covering 255 topics<\/strong>, IDFC FIRST Academy is meticulously designed to provide a deep understanding of financial topics. Each topic takes just 3-5 minutes to complete, with the full program totalling <strong>36 hours of learning<\/strong>:<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<table style=\"border-collapse:collapse;border:1px solid #000000\">\n<tbody>\n<tr>\n<td style=\"background-color:#c00000;border:1px solid #000000;height:28.67px;vertical-align:middle;width:137.2px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#ffffff;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Levels<\/strong><\/span><\/span><\/p>\n<\/td>\n<td style=\"background-color:#c00000;border:1px solid #000000;height:28.67px;vertical-align:middle;width:99.07px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#ffffff;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Courses<\/strong><\/span><\/span><\/p>\n<\/td>\n<td style=\"background-color:#c00000;border:1px solid #000000;height:28.67px;vertical-align:top;width:111px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#ffffff;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Duration (Hrs)<\/strong><\/span><\/span><\/p>\n<\/td>\n<td style=\"background-color:#c00000;border:1px solid #000000;height:28.67px;vertical-align:middle;width:97.53px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#ffffff;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Topics<\/strong><\/span><\/span><\/p>\n<\/td>\n<td style=\"background-color:#c00000;border:1px solid #000000;height:28.67px;vertical-align:middle;width:85.33px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#ffffff;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Video<\/strong><\/span><\/span><\/p>\n<\/td>\n<td style=\"background-color:#c00000;border:1px solid #000000;height:28.67px;vertical-align:middle;width:80px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#ffffff;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Blogs<\/strong><\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:137.2px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Foundation<\/strong><\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:99.07px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">11<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:top;width:111px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">6.5<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:97.53px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">38<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:85.33px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">16<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:80px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">22<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:137.2px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Intermediate<\/strong><\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:99.07px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">12<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:top;width:111px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">11.5<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:97.53px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">78<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:85.33px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">24<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:80px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">54<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:137.2px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Advanced<\/strong><\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:99.07px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">12<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:top;width:111px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">18.5<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:97.53px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">139<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:85.33px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">2<\/span><\/span><\/p>\n<\/td>\n<td style=\"border:1px solid #000000;height:28.67px;vertical-align:middle;width:80px\">\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:center\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">137<\/span><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">The learning program is designed to progressively increase the depth of understanding of financial topics. Thus, users can join any level of the program based on their level of current financial literacy and grow their knowledge on financial matters.<\/span>\u00a0<\/span><\/p>\n<p style=\"line-height:1;margin-bottom:10.67px;margin-top:0px;text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">For example, the <strong>Savings<\/strong> course covers topics across all levels, such as:<\/span><\/span><\/p>\n<ul>\n<li style=\"text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Foundation:<\/strong> \u201cWhat is a Savings Account?\u201d and \u201cWhat is Interest?\u201d<\/span><\/span><\/li>\n<li style=\"text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Intermediate:<\/strong> \u201cThe Power of Compounding\u201d and \u201cTypes of Savings Accounts.\u201d<\/span><\/span><\/li>\n<li style=\"text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Advanced:<\/strong> \u201cGoal-Based Savings,\u201d \u201cKYC,\u201d and \u201cHow to Manage Emergency Funds.\u201d<\/span><\/span><\/li>\n<\/ul>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/press-release-v1.s3.ap-south-1.amazonaws.com\/order\/19630\/1735639462721_2.png\" alt=\"\" width=\"597\" height=\"323\" \/><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span lang=\"en-us\" dir=\"ltr\" xml:lang=\"en-us\">\u00a0<\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><i><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Mr. V. Vaidyanathan, MD &amp; CEO, IDFC FIRST Bank<\/strong> said, &#8220;IDFC FIRST Academy is a key initiative from IDFC FIRST Bank. We notice in our day to day lives, whether savings or investments, most people don\u2019t quite know where to begin. For example, they may have heard of Mutual Funds, but don\u2019t know whether to invest in Debt, or Equity, or Hybrid, or Tax savings Mutual Funds, what these terms mean, and how to begin. This program will make complex concepts easy to understand.\u201d<\/span><\/i><\/span><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">\u00a0<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Interactive Quizzes &amp; Certificates: <\/strong>After the completion of each course, users will be prompted to take an interactive quiz to test their understanding of the topic. Basis the test results, they will be awarded certificates.<\/span><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"aspect-ratio:970\/545\" src=\"https:\/\/press-release-v1.s3.ap-south-1.amazonaws.com\/order\/19630\/1735724765703_2.png\" alt=\"wF5xBDcBlRBGAAAAABJRU5ErkJggg==\" width=\"970\" height=\"545\" \/><\/p>\n<h3 style=\"line-height:1;margin-bottom:10.67px;margin-top:0px;text-align:justify\"><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong>Join IDFC FIRST Academy Today: <\/strong>Start your journey toward financial learning with <strong>IDFC FIRST Academy<\/strong>. Visit <\/span><\/span><a href=\"https:\/\/www.idfcfirstacademy.com\/\"><span style=\"color:#0000ff;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong><u>www.idfcfirstacademy.com<\/u><\/strong><\/span><\/span><\/a><span style=\"font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"> . IDFC FIRST Bank customers can also access the courses through the IDFC FIRST Mobile Banking App.<\/span><\/span><\/h3>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"><strong><u>About IDFC FIRST Bank<\/u><\/strong><\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-us\" dir=\"ltr\" xml:lang=\"en-us\"><strong>IDFC FIRST Bank<\/strong><\/span><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"> is a new age Universal Bank in India built on the foundations <\/span><span lang=\"en-us\" dir=\"ltr\" xml:lang=\"en-us\">of<strong> <\/strong>Ethical Banking, Digital Banking, and Social Good Banking<\/span><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">. We are building a world class bank in India.<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">As part of the Bank\u2019s <\/span><span lang=\"en-us\" dir=\"ltr\" xml:lang=\"en-us\"><strong>ethical banking<\/strong><\/span><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"> approach, it applies a &#8220;Near and Dear&#8221; Test to its products, so that the employees of the Bank serve only such products they&#8217;d want for their own loved ones. It believes income earned unethically is not worth earning.<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">Therefore, the Bank avoids complicated descriptions, calculations, and legalese that customers don\u2019t understand. It abolished all charges on Savings Accounts including for Debit Cards, IMPS, RTGS, NEFT, Cash Deposit, \u201cNon-Home branch\u201d access, Cash withdrawals at ATMs and at branches, 3rd party transaction charges at branches, SMS Alert, Cheque book, Demand Drafts, Pay-order, duplicate statement, and all such services that are usually charged in the market. It follows the principle that<u> it won\u2019t touch its customers\u2019 bank account for one reason or other<\/u>. It is the first and only bank in India till date to do so.<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">IDFC FIRST Bank is the first bank in India to offer monthly credit on savings accounts. The credit cards have no hidden charges. It offers Lifetime Free <u>without minimum spend conditions,<\/u> never-expiring rewards points, zero interest on cash withdrawal at ATMs, dynamic low APR and much more. Fees if any are transparent and described neatly in a manner a common person can understand. Every product offered by the bank is highly customer friendly, most often the best in the industry.<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">As part of <\/span><span lang=\"en-us\" dir=\"ltr\" xml:lang=\"en-us\"><strong>technology led banking,<\/strong><\/span><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"> the Bank has built a modern technology stack and has built an advanced mobile app with 250+ features such as Goal based investing, MF investment assistance, electric-speed payments, Account Aggregator, MF Aggregator, Personal Finance Manager, Auto categorisation of spends, single app for personal and business banking, UPI on Credit Cards, travel and shop, bill and recharges, deals and reward redemptions, which offer great convenience to the customers. For business customers the Bank offers on-the-go bulk payments, ability to pay income tax, GST, customs duty, and connected banking with ERP solutions.<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">As part of the <\/span><span lang=\"en-us\" dir=\"ltr\" xml:lang=\"en-us\"><strong>Social Banking theme,<\/strong><\/span><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"> the Bank\u2019s business model is naturally geared to social banking. It has developed unique capabilities for financing bottom of pyramid customers with consistently high asset quality. The Bank has financed over 40 million customers including 0.3 million SMEs, 0.9 million livelihood (cattle loans), 16 million lifestyle improvement loans (for laptops, washing machine, etc.), 1 million sanitation loans (toilets, water fittings), 6.5 million mobility loans (2-wheelers and cars), and home financing (over 100,000 homes), and 15 million loans to 4.3 million women-entrepreneurs. It also offers other retail and rural loans such as Kisan Credit Cards, harvest financing, gold loans etc.<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">\u00a0<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\">IDFC FIRST Bank is a <\/span><span lang=\"en-us\" dir=\"ltr\" xml:lang=\"en-us\"><strong>Universal Bank,<\/strong><\/span><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"> and offers end to end Corporate Banking, Trade Finance such as issuance of LCs &amp; BGs, SBLC, Packing Credit, Pre-shipment and Post-shipment Finance, Treasury products including risk hedging solutions like Forwards, Swaps, Options, and other Forex Solutions, SME Banking, Wealth Management, NRI banking, Cash Management, Nostro &amp; Vostro account operations, Escrow facilities, Correspondent Banking, Fastag, Toll-acquiring, Dealer Finance and Purchase\/Sales Invoice discounting.<\/span><\/span><\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\">\u00a0<\/p>\n<p style=\"line-height:1;margin-bottom:0px;margin-top:0px;text-align:justify\"><span style=\"color:#000000;font-family:Calibri;font-size:14.67px\"><span lang=\"en-us\" dir=\"ltr\" xml:lang=\"en-us\"><strong>ESG Goals:<\/strong><\/span><span lang=\"en-in\" dir=\"ltr\" xml:lang=\"en-in\"> The Bank is incorporating ESG in every aspect of working and has high ESG scores. 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