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.

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

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

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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