Normally when we want to transfer funds online, we have to add the receiver’s bank account details as the beneficiary. There will be some beneficiary accounts that we no longer need to be in our internet banking account. In such cases, we would normally wish to delete those beneficiaries from our bank account. Luckily there is an option using which we can delete beneficiary in IDFC First Bank internet banking. So if you are an account holder of the IDFC First Bank like me then this article is going to be useful for you.
I am a happy account holder of the IDFC First Bank and I am quite satisfied with the services they provide. What about you? You can share your experience and views about this bank by commenting down below. So far I have used SBI, Axis Bank, ICICI Bank before switching to this bank. And I have found this bank to be far better when compared to the other banks I have used. When it comes to deleting the beneficiary account from the internet banking the steps are quite easy. I will explain to you how you can do it within a few minutes.
The beneficiary account in simple words is nothing but the bank account details of the person to whom we are willing to transfer funds from our bank account. The beneficiary can be inter-bank as well as intra-bank one. If the receiver has the bank account in the IDFC First Bank then it will be an intra-bank one and if in other banks and then it will be an inter-bank beneficiary. Before we proceed to the further part of this article and check out the steps to delete beneficiary in IDFC First Bank. I would like to brief you about the bank where you hold your bank account.
About IDFC First Bank
|Type of the Bank||Private Bank|
|Traded As||BSE: 539437
|Industry||Banking and Financial Services|
|Predecessor||IDFC Bank and Capital First Limited|
|Head Quarters||Mumbai, Maharashtra|
|Chairman (January 2020)||Rajiv Lall|
|MD and CEO (January 2020)||Mr. V. Vaidyanathan|
|Products||Consumer banking, Corporate banking, Wholesale banking, Mortgage loans, Private banking, Wealth management, Investment banking|
|Revenue (2017)||₹85.3272 billion|
|Operating Income (2017)||₹30.30 billion|
|Net Income (2017)||₹10.20 billion|
|Total Assets||₹1.12160 trillion|
|Number of Employees (July 2018)||7,043|
|Customer Care Phone Number (toll-free)||1800 419 4332|
|Customer Care E-Mail ID||[email protected]|
How to Delete Beneficiary in IDFC First Bank?
There are two methods by following which you can delete beneficiary in IDFC First Bank, the first one is using the internet banking portal on the official website of the bank. And the second method is by using the official mobile banking application of the bank. I will be discussing both the methods in this article, you can use the one which you feel good for you.
These are the steps that you need to follow to delete beneficiary in IDFC First Bank using the official website (internet banking) and mobile banking application. If you have any kind of doubts in your mind regarding the addition of beneficiary then you can comment down below. If you want to get assisted quickly right now then you can call the customer care of the bank on their toll-free number: 1800 419 4332 and talk to their customer care executive for more details.