ICICI Bank hikes FD rates by up to 30 bps, offers 7.10% on tenures of 3 to 10 years

ICICI Bank FD Rates

According to ICICI Bank, the bank will continue to offer 3.00% interest rate on FDs maturing in next 7 to 29 days and 3.50% interest rate on those maturing in next 30 to 45 days. ICICI Bank will continue to offer interest rates of 3.75% and 4.25% on FDs maturing in 46 days to 60 days and 61 days to 90 days, respectively. Deposits maturing in 91 days to 184 days and 185 days to 289 days will continue to earn interest at the rate of 4.50% and 5.25% respectively. On FDs maturing in 290 days to less than 1 year, the bank will continue to offer an interest rate of 5.50% and on those maturing in 1 year to 15 months, ICICI Bank will continue to offer an interest rate of 6.10%.

ICICI Bank has increased the interest rate on FDs maturing in 15 months to 18 months by 30 bps from 6.10% to 6.40% and those maturing in 18 months to 2 years by 25 bps to 6.15% Has increased by 6.40%. , Deposits maturing in 2 years 1 day to 3 years will now fetch an interest rate of 6.50% which is 30 bps higher than the earlier 6.20% and those maturing in 3 years 1 day to 5 years will now fetch an interest rate of 6.60% . Earlier 6.35%, up 25 bps. ICICI Bank hikes interest rate on FDs maturing in 5 years 1 day to 10 years by 25 bps from 6.25% to 6.50% and those maturing in 5 years (80C FDs) by 25 bps from 6.35% to 6.60% is of.

The validity period of “ICICI Bank Golden Years FD” special fixed deposit program is from October 29, 2022 to April 7, 2023. The tenure options for ICICI Bank Golden Years FD ranges from 5 years and 1 day to 1 day. 10 years. ICICI Bank offers senior citizens an additional rate of 0.50% on Fixed Deposits (FDs) maturing in less than 7 days to less than 5 years, but under the ICICI Bank Golden Years FD, resident senior citizen customers will get an additional rate of 0.50% on FDs. Interest rate will be received. 0.10% over and above the existing additional rate of 0.50% per annum. For recurring deposits (RDs) between six months and ten years, ICICI Bank will now offer standard interest rates between 4.50 per cent and 6.60 per cent, with senior citizens earning between 5 per cent and 7.10 per cent.