IDFC Indusind

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Deal Cadet
nikhil9702

Is IDFC safe for putting larger sum. I know up to 5 lakh is insured but once it happens it takes time and efforts to get your money back.
Also why Indusind giving highest interest rate on FD.
Any idea why they are giving highest interest in industry.
Where should i put my money around 1.5 L for 2 years.

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Deal Subedar Deal Subedar
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IDFC regular savings account will give you same rate of interest as indus FD.
Better to avoid fd restrictions for quick liquidity.

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From 30-Dec-2020, IndusInd’s deposit rate for 1Yr+ deposits have been reduced from 7.0% to 6.5%.
So, IDFC Savings Account Rate is better than IndusInd’s deposit rate.

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Deal Newbie Deal Newbie
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Invest in crypto or simply invest in stable coins like usdollar and you will earn simple 10% interest

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