Digibank reduced Intrest rates on Savings Accounts & Fixed deposits
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Hi, earn up to 7% on FD & Savings balance with Digibank. For revised rates w.e.f. 16 Sep’19, visit https://go.dbs.com/in-d...nt . T&C apply. #SaveWithTheSafest
Upto 1 lac reduced from 5.5% to 5%
2 to 5 lac increased from 5 to 5.5%
Fd rates also reduced. Now 7% max.
Any better options you are aware of ?
I wanna switch, any better options?
That’s what these banks do. Give better offers to lure in customers and stop when they fulfill their quota. There is no point in jumping from one bank to another. Soon the new bank will reduce the rate too.
RBI has reduced the interest rate so all banks will eventually reduce
digibank still gives better FD rates in 30 to 180 days bracket than most other banks.
for someone maintaining between 3 to 5 lakhs in digibank SB, the effective in hand interest would be now more (0.5% less in first 1 lakh but 0.5% more for above 2 lakhs)
#DigibankDeals