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IDFC Bank - Savings account interest rate cut official

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starbearer

It’s official. IDFC bank slashes savings account interest rates.

Bit of a bummer. https://cdn0.desidime.com/attachments/photos/681835/medium/Screenshot_20210501-000315_Samsung_Internet.jpg?1619807661  

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Deal Cadet Deal Cadet
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time to closed ac or transfer fund in another ac those hold big amount

Super Stud Super Stud
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Hope there is no suprise charges on closing the account.

Finance Mentor Finance Mentor
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Good news for share holders of company.. 😂

@bikidas2060

Tech Guru Tech Guru
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True

Deal Lieutenant Deal Lieutenant
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what are the other options now?? equitas and ujjivan?

Deal Cadet Deal Cadet
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ys

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Helpful Helpful
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I was planning to transfer my funds from idfc to hdfc but hdfc pays even less, 3%

Deal Cadet Deal Cadet
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3.5 hdfc icici

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Deal Subedar Deal Subedar
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Vu +kg for sharing

Deal Cadet Deal Cadet
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rbl also a good interest rate for saving

Deal Subedar Deal Subedar
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they are changing charges from 1 june,25 paisa per sms,debit card charge etc.

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Deal Cadet Deal Cadet
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Moving to Equitas now. Can somebody tell if it is possible to close IDFC account without visiting the branch?

Deal Subedar Deal Subedar
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i also want to knw how to close bank account without visiting the branch

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Cool Cool
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New banks gives attractive interest rate initially then once they gather the customers they will give normal interest rate.
Don’t run behind the rate of interest
Thank god recently RBI modify the customer safety upto 5lac.

Beacon Beacon
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Yes I want new account

Deal Cadet Deal Cadet
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Time to close this account then.

Benevolent Benevolent
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Anyone closed this account online ?
Or branch visit is a must

Deal Subedar Deal Subedar
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visit must i closed mine

Deal Cadet Deal Cadet
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This is what i have done
just move all money to post office and make IDFC acct balance nil. Slowly they will close the account automatically as negative balance is not allowed by RBIhttps://www.livemint.com/money/personal-f...ce.

Dont waste any time in going to branch etc, But i am keeping my LTF IDFC select credit card

Deal Lieutenant Deal Lieutenant
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Do confirm when you are able to confirm about it. @Dealhunting I talked to them and they said you need to request via branch.

Deal Lieutenant Deal Lieutenant
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I moved all my money last week. No point having it.

replyuser
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