IDFC First Bank Credit Card Payment through NEFT

Last Updated : May 8, 2025, 6:54 p.m.

The modern era of digital banking has revolutionized credit card bill payments, making them more accessible than ever before. Among the various payment methods offered by IDFC First Bank, NEFT (National Electronic Fund Transfer) stands out as one of the most dependable options. This detailed guide aims to provide comprehensive insights into making IDFC First Bank Credit Card Payment through NEFT—empowering you to effectively handle your financial obligations while safeguarding your CIBIL score . Whether you're new to digital payments or looking to optimize your current payment strategy, this information will serve as your complete resource for utilizing NEFT for credit card payments.

NEFT for IDFC First Bank Credit Card Payments

NEFT is a safe way to transfer electronic funds. It is operated by the Reserve Bank of India, and it enables you to transfer funds between banks all over India. Using NEFT for IDFC First Bank credit card payments provides convenience, reliability, and tracking capabilities.

Benefits of Using NEFT for Credit Card Bill Payments

1. Convenience: Make payments from anywhere, anytime through your bank's internet or mobile banking.
2. Security: NEFT transactions are highly secure and regulated by RBI
3. No Upper Limit: Transfer up to Rs. 20,00,000 per transaction.
4. Free Service: Most banks offer NEFT services free of charge.
5. Digital Record: Easy tracking of payments through transaction references.

Step-by-Step Guide to Pay IDFC First Bank Credit Card Bills via NEFT

To make IDFC First Bank credit card payments through NEFT, you'll have to use the following details:

Required Details for NEFT Payment:

• Payee Name: Your name as it is displayed on your IDFC FIRST Bank Credit Card
• Payee Account Number: The IDFC FIRST Bank Credit Card number which is 16 digits.
• Bank Name: IDFC FIRST Bank
• IFSC Code: IDFB0010225

Process to Initiate NEFT Payment

1. Log into your bank's internet banking portal or mobile app
2. Navigate to the 'Fund Transfer' or 'NEFT' section
3. Select 'Add Beneficiary' or use an existing one if already saved
4. Enter the IDFC First Bank credit card details as mentioned above
5. Enter the payment amount you wish to transfer
6. Verify and confirm the transaction details
7. Authenticate the transaction with OTP or password as required by your bank
8. Save the UTR (Unique Transaction Reference) number for future reference

NEFT Timing Considerations for Credit Card Bill Payments

When making IDFC First Bank credit card payments through NEFT, timing is crucial to ensure your payment is processed before the due date:

• NEFT operates on all days of the week, including weekends and holidays
• Transactions initiated between 8:00 AM and 6:59 PM on weekdays are typically processed on the same day
• The time taken to credit your credit card account depends on the processing time of IDFC First Bank.

Tracking Your NEFT Payments to IDFC First Bank Credit Cards

After initiating your NEFT transaction, you may need to track its status:

1. Note down the UTR number provided after transaction completion
2. You can track the status by:
   • Visiting any IDFC FIRST Bank branch
   • Getting in touch with IDFC First Bank customer care by calling 1800 10 888
   • Raising a service request through the IDFC First Bank website.

Alternative Modes of Payment for IDFC First Bank Credit Card Bill Payments

While NEFT is highly effective, IDFC First Bank offers multiple payment options:

1. IMPS: For instant transfers, though with lower transaction limits
2. UPI: Quick payments using '< your 16-digit card number>.cc@idfcbank' as UPI ID
3. Internet/Mobile Banking: Direct payments through IDFC First Bank's app or website
4. Offline Methods: Cash deposits or cheque payments at IDFC First Bank branches.

Impact of Timely Credit Card Payments on Your CIBIL Score

Making regular and timely IDFC First Bank payments for your IDFC credit cards through NEFT can significantly impact your CIBIL score:

1. Payment History: On-time payments contribute positively to 35% of your CIBIL score
2. Credit Utilization: Paying bills on time helps maintain a lower credit utilization ratio
3. Financial Discipline: Regular payments demonstrate financial responsibility to lenders
4. Future Credit Opportunities: A good payment history improves chances for future loan approvals.

Best Practices for IDFC First Bank Credit Card Payments through NEFT

To ensure smooth processing of your credit card bill payments:

1. Initiate Early: Process NEFT payments at least 2-3 days before your credit card due date
2. Verify Details: Double-check all beneficiary details before authenticating the transaction
3. Save Confirmation: Keep transaction references for future disputes or tracking
4. Schedule Reminders: Set calendar alerts for monthly payments
5. Consider Standing Instructions: Set up automatic monthly payments if your bank supports it.

Troubleshooting NEFT Payment Issues for Credit Cards

If you encounter issues with your IDFC First Bank credit card payments through NEFT:

1. Verify IFSC Code: Ensure you've entered IDFB0010225 correctly
2. Check Card Number: Confirm your 16-digit credit card number is entered accurately
3. Contact Support: Reach out to IDFC First Bank customer care if payment doesn't reflect
4. Transaction Reference: Keep your UTR number handy when contacting support.

Conclusion

IDFC First Bank credit card payments through NEFT offer a convenient, secure, and efficient method to manage your credit card bills. By following the steps outlined in this guide, you can ensure timely payments, maintain a healthy CIBIL score, and enjoy the full benefits of your IDFC First Bank credit cards . Remember that timely payments not only help avoid late fees and interest charges but also strengthen your credit profile for future financial needs.