IDFC First Bank Ltd Savings account rate revision

Effective January 9, 2026, IDFC First Bank has revised savings account interest rates downward for smaller slabs: now 3% below ₹1 lakh (unchanged), 5% for ₹1–10 lakh (down from prior), and 6.5% for ₹10 lakh–₹10 crore (down up to 200 bps from previous 7%). ​Rates for higher balances remain largely unchanged (e.g., 6% for ₹10–25 crore, 5% for ₹25–100 crore, 4% above ₹100 crore), aiming to optimize net interest margins (NIM) after Q2 FY26 NIM compression to 5.59%.