IDFC First Bank to change its savings account interest rate soon. New rates start from 4%
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Probably from from 1 May 2021
No more 6% interest rate.
They are back to normal now.
Information source: IDFC Employee
Proof :
Suggestions are welcome about where to park money now.
Insider news ( bank employee)
Option left is Equitas but soon they may also reduce
It’s already 27th today and they have yet not published this info to public. I think they might not do it from May 1st. It could get delayed a bit.
maybe. Anyway it was on the cards..how long they would have sustained by giving such high rates…
But 6% was pretty good. Better than FD rates…
IndusInd
@jonsnow18 Hi Do U Have Any News Regarding Fixed Deposits…???
Source link ?
Post office account
@deadguru @sardasa @UnderNation @akki.akki @Abhinav_Pune @avgn
Image added .
Kg
Just Confirmed from a friend in idfc….Yes the news is true!
Indus ind FD rate might be higher. Just check
It’s almost same as Idfc for lower amounts…
how is rbl bank?
Not good.
Indusind is best ever bank.
Incremental hai… See notes…
E.g. If you deposit and keep 2L for 1Yr only for 1L it is 6%pa.. rest 1L will fetch only 3%pa
Bandhan Bank
You can lock few amount in 500 days FD @ 6% …
Bye bye idfc nice journey it was with you other banks are better than you
At this month start Idfc bank sent sms that X amount extra interest received due to better rate than other banks.
Bewakoof bana gaye hamara 
Go for rbl and bandhan now
Go for indusind bank.
rbl roi is high
I understand there is minimum period to keep the saving account without penalty.
when can we close the account without charge? In how many months?
got the update that there are no charges for closure, thanks @jeff_bezos_amazon_owner
Go for equitas small finance bank.
7 percent interest.
And you also get reward points in debit card
Redeeming those RPs is not free. I stopped using their debit card after the same.
whats the source of info.?