IDFC FIRST Bank

[Sushubh]

Attention! Dear customer, this is to notify you that any funds transfer above Rs. 10 lakhs initiated through NEFT/RTGS to another Bank's beneficiary after 6.55pm will be transferred to the beneficiary account only on the next working day at 9 AM, as per bank policy. Team IDFC FIRST Bank

Isn't NEFT 24x7 now?

 

[pranav sharma]

better park you balance to other banks that gives 6%

 

[manu1991]

Attention! Dear customer, this is to notify you that any funds transfer above Rs. 10 lakhs initiated through NEFT/RTGS to another Bank's beneficiary after 6.55pm will be transferred to the beneficiary account only on the next working day at 9 AM, as per bank policy. Team IDFC FIRST Bank

Isn't NEFT 24x7 now?

i thought neft has a 10 lac limit(at least sbi does) so it’s probably rtgs. They probably manually approve large transactions

 

[Sushubh]

better park you balance to other banks that gives 6%

do tell which bank gives 6% from first rupee. proper bank. not one of those cooperative financial outlets.

 

[mhsabir]

Whatever you open there is a chance that the next month onwards they may reduce. I think Yes & Kotak had a reasonably long run with their 6% rates - otherwise I dont see anyone who has sustained these rates for long.

 

[Sushubh]

RBL has 6% above 1L deposit. I am not sure if any other proper bank is doing the same.

https://www.rblbank.com/interest-rates

Airtel is there of course, you are stuck with a limit of 2L on their accounts.

 

[mhsabir]

My question would be .. how long before they drop as well.

 

[Sushubh]

what i am saying is that one or the other of the smaller bank would always be there with slightly more interest rate compared to others. i have been keeping my eye on rbl ever since they opened a branch in my local market. would have gone for them if idfc hadn't arrived with 7% bullshit late last year lol. rbl rates have been consistently comparable or better than other similar banks like yes and indusind.

 

[pranav sharma]

bandhan is a good bank

 

[Sushubh]

Rates and Charges | Bandhan bank

Statement that reinforces ideas of transparency and Integrity

www.bandhanbank.com

3% till 1L
6% above 1L