Click it and Unblock the Notifications
ICICI Bank Revises Interest Rates On These Fixed Deposits, Now Offers Maximum 7.25% To Senior Citizens
Second largest private sector lender ICICI Bank revises interest rates on bulk fixed deposits (FDs) of more than Rs 2 Crore to less than Rs 5 Crore. The revised interest rates on bulk deposits are effective from April 13, 2023, according to the ICICI Bank.
The bank offers interest rates ranging from 4.75% to 7.25% on deposits period ranging from 7 days to 10 years to the general public and senior citizens. On the deposit period of 1 year to 15 months, the bank now offers a maximum interest rate of 7.25 percent.
Under the bulk deposits, the bank doesn't offer a Tax Saver FD of 5 years. According to the bank, NRE rates are applicable for tenure of 1 year and above only and Senior Citizens FD Interest rates are only applicable for domestic term deposits.
Interest rates On Fixed Deposit of Rs 2 Cr & Above But Less Than Rs 5 Cr w.e.f. April 13, 2023
| Maturity Period | General FD Rates (p.a.) | **Senior Citizen FD Rates (p.a.) |
|---|---|---|
| 7 days to 14 days | 4.75% | 4.75% |
| 15 days to 29 days | 4.75% | 4.75% |
| 30 days to 45 days | 5.50% | 5.50% |
| 46 days to 60 days | 5.75% | 5.75% |
| 61 days to 90 days | 6.00% | 6.00% |
| 91 days to 120 days | 6.50% | 6.50% |
| 121 days to 150 days | 6.50% | 6.50% |
| 151 days to 184 days | 6.50% | 6.50% |
| 185 days to 210 days | 6.65% | 6.65% |
| 211 days to 270 days | 6.65% | 6.65% |
| 271 days to 289 days | 6.75% | 6.75% |
| 290 days to less than 1 year | 6.75% | 6.75% |
| 1 year to 389 days | 7.25% | 7.25% |
| 390 days to | 7.25% | 7.25% |
| 15 months to | 7.15% | 7.15% |
| 18 months to 2 years | 7.15% | 7.15% |
| 2 years 1 day to 3 years | 7.00% | 7.00% |
| 3 years 1 day to 5 years | 6.75% | 6.75% |
| 5 years 1 day to 10 years | 6.75% | 6.75% |
| 5 Years (80C FD) - Max to 1.50 lac | NA | NA |
Source - ICICIbank.com
Sign in with Google