IDFC FIRST Bank revises savings account interest rate

IDFC FIRST Bank has revised interest rates on its savings accounts, with effect from  March 9, 2023 

According to the bank website, for savings account balances up to Rs.10 lakh the interest rate offered is 4 percent. 

savings account balances between Rs 10 lakh to Rs.50 crore, the interest rate will be 6.75 per cent. 

For balances above Rs50 crore to Rs 100 crore the savings account will fetch an interest rate of 5 percent. 

While for balance Rs 100 crore to Rs 200 crore will earn 4.50 percent. 

For a balance of Rs 200 crore and above the interest rate it offers is 3.50%. 

As long as there are funds in your account, you will receive interest.