IDFC Interest Rate Devaluation

[Rdspam]

Has IDFC silently reduced interest rates since May? I haven’t got any email intimations about this either. Seems like major cuts.

 

[Batman]

I had an account last year amd the 7% bracket was similar then. It may have been devalued earlier than we think.

 

[tharun]

Has IDFC silently reduced interest rates since May? I haven’t got any email intimations about this either. Seems like major cuts.

View attachment 55828

I think it still beats sbi ,hdfc and axis intrest rates

 

[sourpai]

What is devaluation? Aren't interest rates increased for 10L to 5Cr bracket from 7% to 7.25%?

 

[Zacobite]

Has IDFC silently reduced interest rates since May? I haven’t got any email intimations about this either. Seems like major cuts.

View attachment 55828

its an increase.. earlier 7% was from 10L i think and there was no 7.25 % slab.. we will need to recheck this

 

[shashank08]

It is reduced for first slab and increased in the 10L slab.

 

[cc_dc_explorer]

Do we have a previous similar copy of interest rates ???

 

[SpiesCan'tCatchMe]

They have sent an e-mail well in advance before devaluating the lowest section interest rate

 

[cc_dc_explorer]

Do we have a previous similar copy of interest rates ???

Seems they have reduced interest rates for 1-3 L bracket.

 

[Rdspam]

What is devaluation? Aren't interest rates increased for 10L to 5Cr bracket from 7% to 7.25%?

1-3 L is reduced