Do you feel its still worth keep your money in IDFC bank savings account ?
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IDFC Savings A/C interest reduced to 6% now
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Hello All,
The last option to safely invest your money has also eventually gone..
Please refer to their website now, savings interest has been reduced from7% to 6%
https://www.idfcfirstbank.com/banking-products/...
Need suggestions for alternate options now and there is no further point in keeping money in IDFC bank considering its stability and now that the interest/FD rates have gone down.
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https://www.desidime.com/discussions/idfc-savings-a-c-interest-reduced-to-6-now?page=1#post_7373814
The old days of high interest savings accounts are long gone and may not see daylight again.
Soon we might match up with western banking interest rates of 1-2 %.
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