Leading private sector lender ICICI Bank has revised its interest rates on fixed deposits from 2 crores According to the official website of 5 crore bank, the new rates are effective from today, October 28, 2022. After the revision, the bank is now offering fixed deposits with maturities ranging from 7 days to 10 years with interest rates ranging from 3.75%. 6.25%. ICICI Bank currently offers the highest interest rate of 6.50% on deposits with maturities of one to three years.
ICICI Bank FD Rates
According to ICICI Bank, the bank will offer 3.75% interest rate on fixed deposits maturing in the next 7 to 29 days and 4.75% interest rate on deposits maturing in the next 30 to 45 days. On deposits maturing in 46 days to 60 days and 61 days to 90 days, ICICI Bank will pay interest rates of 5.00% and 5.25%.
Deposits maturing between 91 and 184 days will now attract an interest rate of 5.50%, while deposits maturing between 185 and 270 days will now attract an interest rate of 5.75%. On fixed deposits maturing in 271 days to less than 1 year, the bank will now pay an interest rate of 6.00% and on those maturing in 1 year to 3 years, the bank is now promising an interest rate of 6.50% . Fixed deposits maturing in 3 years 1 day to 10 years will now have to pay interest at the rate of 6.25%.
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on fixed deposits of less than 2 crore, ICICI Bank last hiked interest rates on October 18, 2022. On deposits maturing in 7 days to 10 years, the bank is now promising interest rates ranging from 3.00% to 6.10% and 3.50% to 6.75% for the general public. For senior citizens. Senior citizens should be aware that the bank’s special fixed deposit programme, ICICI Bank Golden Years FD, will be coming to an end soon.
ICICI Bank will not give its Golden Years FD to old people from 31 October 2022. On ICICI Bank Golden Years FD, resident senior citizen customers will get an additional interest rate of 0.15% per annum in addition to the existing additional rate of 0.50% per annum. The tenure of ICICI Bank Golden Years FD is 5 years and up to one day and 10 years. The general public will get 6.10% interest on this tenure, while elderly persons will get 6.75% interest, which is 65 basis points higher than the standard rate.
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