ICICI Bank increased interest on Fixed Deposit, customers will benefit here

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ICICI Fixed Deposit Rate: Private sector bank ICICI has increased the interest on its fixed deposits from Rs 2 crore to Rs 5 crore. Now these new rates have come into effect from today 26 August. The interest on this FD has been increased from 3.50 percent to 5.90 percent. It is increased on FDs maturing in 7 years to 10 years.

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 RBI’s rate-setting panel raised the key repo rate by 50 basis points to 5.4 per cent in early August. This was the third consecutive increase after rising by 50 per cent in June and 40 per cent in May. After increasing the repo rate of RBI, many banks have increased the interest on FD.

From today 26 August 2022, ICICI Bank is getting so much interest on FD from Rs 2 crore to Rs 5 crore

7 days to 14 days: for general public – 3.50 percent; For Senior Citizen – 3.50 percent

15 days to 29 days: for general public – 3.50 percent; For Senior Citizen – 3.50 percent

30 days to 45 days: for general public – 3.60 percent; For Senior Citizen – 3.60 percent

46 days to 60 days: for general public – 4.00 percent; For Senior Citizen – 4.00 percent

61 days to 90 days: for general public – 4.75 percent; For Senior Citizen – 4.75 percent

91 days to 120 days: for general public – 5.25 percent; For Senior Citizen – 5.25 percent

121 days to 150 days: for general public – 5.25 percent; For Senior Citizen – 5.25 percent

151 days to 184 days: for general public – 5.25 percent; For Senior Citizen – 5.25 percent

185 days to 210 days: for general public – 5.40 percent; For Senior Citizen – 5.40 percent

211 days to 270 days: for general public – 5.40 percent; For Senior Citizen – 5.40 percent

271 days to 289 days: for general public – 5.60 percent; For Senior Citizen – 5.60 percent

290 days to less than 1 year: for general public – 5.60 percent; For Senior Citizen – 5.60 percent

1 year to 389 days: for general public – 6.05 percent; For Senior Citizen – 6.05 percent

390 days to less than 15 months: for general public – 6.05 percent; For Senior Citizen – 6.05 percent

15 months to less than 18 months: for general public – 6.05 percent; For Senior Citizen – 6.05 percent

18 months to 2 years: for general public – 6.05 percent; For Senior Citizen – 6.05 percent

2 years 1 day to 3 years: for general public – 6.05 percent; For Senior Citizen – 6.05 percent

3 years 1 day to 5 years: for general public – 6.05 percent; For Senior Citizen – 6.05 percent

5 years 1 day to 10 years: for general public – 5.90 percent; For Senior Citizen – 5.90 percent.

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