ICICI Bank hikes fixed deposit interest rates for these tenors; Check Latest FD Rates

ICICI Bank Fixed Deposit Interest Rates: Private lender ICICI Bank recently increased interest rates on certain categories of fixed deposits. The bank has become the latest bank to join a growing list of its contemporaries who have increased interest rates on fixed deposits. ICICI Bank FD Rates The bank has said in a recent update that deposits up to Rs 5 crore have been increased from over Rs 2 crore. change in FD Rates Applicable for a tenure of more than one year, and is applicable to both general public and senior citizens.

New ICICI Bank FD Interest Rates have come into effect from Thursday, April 28, the lender said in its update. It has also clarified that senior citizen rates are applicable only for domestic fixed deposits. Earlier, the ICICI Bank FD interest rate for deposits with tenor of one year stood at 4.30 per cent, which has been increased by 5 basis points to 4.35 per cent. Similarly, interest rates have been increased for other tenures as well. However, there has been no change in the interest rates of ICICI Bank FDs for deposits with less than one year maturity.

The revised interest rates on fixed deposits of Rs 2 crore to Rs 5 crore in ICICI Bank with effect from April 28, 2022 are as follows:

7 days to 14 days: for general public – 2.50 percent; For senior citizens – 2.50 percent

15 days to 29 days: for general public – 2.50 percent; For senior citizens – 2.50 percent

30 days to 45 days: for general public – 2.75 percent; For senior citizens – 2.75 percent

46 days to 60 days: for general public – 2.75 percent; For senior citizens – 2.75 percent

61 days to 90 days: for general public – 3.00 percent; For senior citizens – 3.00 percent

91 days to 120 days: for general public – 3.35 percent; For senior citizens – 3.35 percent

121 days to 150 days: for general public – 3.35 percent; For senior citizens – 3.35 percent

151 days to 184 days: for general public – 3.35 percent; For senior citizens – 3.35 percent

185 days to 210 days: for general public – 3.60 percent; For senior citizens – 3.60 percent

211 days to 270 days: for general public – 3.60 percent; For senior citizens – 3.60 percent

271 days to 289 days: for general public – 3.80 percent; For senior citizens – 3.80 percent

290 days to less than 1 year: for general public – 3.80 percent; For senior citizens – 3.80 percent

1 year to 389 days: for general public – 4.35 percent; For senior citizens – 4.35 percent

390 days to less than 15 months: for general public – 4.35 percent; For senior citizens – 4.35 percent

15 months to less than 18 months: for general public – 4.45 percent; For senior citizens – 4.45 percent

18 months to 2 years: for general public – 4.60 percent; For senior citizens – 4.60 percent

2 years 1 day to 3 years: for general public – 4.70 percent; For senior citizens – 4.70 percent

3 years 1 day to 5 years: for general public – 4.80 percent; For senior citizens – 4.80 percent

5 years 1 day to 10 years: for general public – 4.80 percent; For senior citizens – 4.80 percent

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