IDFC First Bank has raised its fixed deposit interest rates

DFC First Bank, a private sector lender, has raised interest rates on fixed deposits of less than Rs 2 crore.

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According to the bank's official website, the new rates go into effect today, July 18, 2022.

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As a result of the change, the bank raised interest rates on deposits with maturities ranging from two to three years.

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General public depositors will now receive interest rates ranging from 3.50 to 6.00% on deposits maturing between 7 days and 10 years

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