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IDFC First Bank Slashes Savings Account Rates, Caps Peak Returns at 6.5%

January 8, 2026
Finance

Mumbai (Maharashtra) [India], January 8: IDFC First Bank has quietly but decisively pulled back on savings account generosity. From January 9, depositors will earn less across several balance slabs, with cuts running as deep as 200 basis points. IDFC First Bank has revised its savings account interest rates, trimming returns across multiple balance slabs and […]

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savings account rates

IDFC First Bank Slashes Savings Account Rates, Caps Peak Returns at 6.5%