Interest rates up on bulk fixed deposits 2 crore ICICI Bank It has been amended in different tenures. The highest FD rate offered on deposits from above is 4.6% less than 2 crore 5 crores on tenure between 3 years to 10 years.
4.50% interest rate is applicable for tenures of more than 2 years to less than 3 years. While the rate of 4.2% is offered on tenures ranging from 15 months to less than 18 months, the rate of 4.3% is vested on tenures from above 18 months to less than 2 years.
FDs made for a tenure of 1 year to 15 months earn interest at the rate of 4.15%. The interest rates on FDs of less than 1 year range from 2.5% to 3.7%.
The above rates are same in both general and senior citizen categories. The latest rates have come into effect from March 10, 2022.
Apart from this, ICICI Bank has also revised the interest rates on FDs above the value of 50 million. These rates are applicable to domestic customers, NRO and NRE. However, the rates below the deposits of 2 crore remained unchanged.
Notably, ICICI Bank revised its rates at the time of its rival State Bank Of India Increase your interest rates on bulk fixed deposits 2 crore by 20-40 basis points.
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