ICICI Bank, the largest private sector bank, has revised the interest rates on bulk deposits (FDs above Rs 2 crore). According to the official website of the bank, the new rates are effective from November 25, 2022. The bank is currently offering interest rates ranging from 3.75% to 6.50% on deposits maturing in 7 days to 10 years. Apart from this, the maximum interest rate available on Fixed Deposits maturing in 15 months to 3 years is 6.80%.
The bank is now offering an interest rate of 3.75% for FDS maturing in 7 days to 29 days, and ICICI Bank is now offering an interest rate of 4.75% for those maturing in 30 days to 45 days.
Let us know that ICICI Bank’s FD rates
maturing between 46 and 60 days will fetch interest at the rate of 5.00%, while FDs maturing between 61 and 90 days will fetch interest at the rate of 5.25%. 6.00% interest rate on FDs maturing in 185 days to 270 days, while ICICI Bank is now offering 5.75% interest rate on FDs maturing in 91 days to 184 days.
For maturing in 271 days to less than 1 year, the bank is offering an interest rate of 6.25%. ICICI Bank is now offering an interest rate of 6.75% for maturing in 1 year to 15 months. For maturing in 15 months to 3 years is 6.80% and for maturing in 3 years 1 day to 10 years is 6.50%.
Apart from this, ICICI Bank has also changed the interest rates on FDs of Rs 5 crore and above. After this change in interest rates, ICICI Bank will give 3.75% to 7.15% interest on FDs of 7 days to 10 years to its customers. Apart from this, you will also get the facility of premature withdrawal on FDs above Rs 5 crore.
On the other hand, the bank has not made any change in the interest rate on FDs of less than Rs 2 crore. On FDs of less than Rs 2 crore, the bank is giving 3% to 6.60% interest to its general customers and 3.50% to 7.10% to senior citizen customers.
