ICICI Bank Customers Will Now Get More Returns On The Fixed Deposit Scheme!
With this, let us tell you that under the special bank FD, ICICI Bank is offering an interest rate of up to 6.10% for general citizens and up to 6.60% for senior citizens on FDs from 1 year 1 day to 5 years. If you are going to make FD in ICICI Bank,
India's largest private sector bank i.e. ICICI Bank (ICICI Bank FD Rates Hike) has decided to increase its Fixed Deposit Rates. The bank has approved this increase on deposits of less than Rs 2 crore (FD Rate Hike). The new rates increased by the bank have been implemented from 19 August 2022. According to the information given on the official website of the bank, the bank is offering an interest rate ranging from 2.75% to 5.90% for a period of 7 days to 10 years. At the same time, the bank is offering a 0.50% higher interest rate to senior citizens. This interest rate ranges from 3.25% to 6.60%.
With this, let us tell you that under the special bank FD, ICICI Bank is offering an interest rate of up to 6.10% for general citizens and up to 6.60% for senior citizens on FDs from 1 year 1 day to 5 years. If you are going to make FD in ICICI Bank, then know about the latest interest rates (ICICI Bank Latest FD Rate)-
FD rates below 2 crores-
7 to 14 days - 2.75%
15 to 29 days-2.75%
30 to 45 days-3.25%
46 to 60 days-3.25%
61 to 90 days-3.25%
91 to 120 days-3.75%
121 to 150 days - 3.75%
151 to 184 days-3.75%
185 days to 210 days-4.65%
211 days to 270 days-4.65%
271 days to 289 days -4.65%
290 days to less than 1 year -4.65%
1 year to 389 days-5.50%
390 days to 15 months-5.50%
15 months to 18 months-5.50%
18 months to 2 years-5.50%
2 to 3 years-5.60%
3 to 5 years-6.10%
5 to 10 years - 5.90%
5 Tax saver-6.10%
These banks also increased interest
Customers will get special benefits on ICICI Bank Golden Years FD. The interest rate on this FD scheme will be 50 basis points higher than the interest rates of normal FD. On the other hand, senior citizens will get an additional interest rate of 20 basis points. ICICI Bank Golden Years FD scheme is available till 7 October 2022 only.
Significantly, due to the continuous increase in the repo rate of the Reserve Bank, all the banks are increasing their FD rates. At present, the repo rate is 5.40% (RBI Repo Rate). Since then many banks like State Bank of India (SBI FD Rates), PNB (PNB FD Rates), Kotak Mahindra Bank (Kotak Mahindra Bank), Axis Bank, IndusInd Bank, Indian Overseas Banks (Indian Overseas Bank), etc. Many banks have increased their FD interest rates.
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