IDFC First Bank has changed the interest rates of fixed deposits. The bank had changed the interest rates on 1 May.
New Delhi: The private sector IDFC First Bank (IDFC First Bank) has changed the interest rates of fixed deposits. The bank had changed the interest rates on 1 May. If you have also got FDs in this bank, then this is important news for you. In the bank, customers get FD facility ranging from 7 days to 10 years. During this period, the bank’s interest rates range from 2.75 per cent to 6 per cent.
The bank is getting interest at the rate of 2.75 per cent on the FD of 7 days to 14 days. At the same time, on FDs ranging from 15 days to 29 days, customers are getting the benefit of interest at the rate of 3 percent. Apart from this, 4% is being given on FDs from 45 days to 90 days and 4.50 on FDs from 91 days to 180 days. FDs with maturity of 181 days and less than 1 year will get 5.25 percent interest.Check new interest rates (IDFC First Bank new intrest)
>> 7 – 14 days – 2.75 percent
>> 15 – 29 days – 3.00 percent
>> 30 – 45 days – 3.50 percent
>> 46 – 90 days – 4.00 percent
>> 91 – 180 days – 4.50 percent
>> 181 days – and less than 1 year – 5.25 percent
>> 1 year – 2 years – 5.50 percent
>> 2 years 1 day – 3 years – 5.75 per cent
>> 3 years 1 day – 5 years – 6.00 percent
>> 5 years 1 day – 10 years – 5.75 percent
>> 5 years (tax saver) – 5.75 percentsavings account Also reduced interest
Let us tell you that the bank has recently cut the interest rates on the savings account. Before May 1, the bank was giving 6 percent interest on deposits less than 1 lakh to customers, but now the bank has reduced it to 4 percent from May 1. At the same time, customers with deposits of 1 lakh to 10 lakh are being given interest at the rate of 4.5 percent. Apart from this, customers with Rs 10 lakh to 2 crore are getting interest at the rate of 5 percent.
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