FD Rates: Private sector lenders ICICI Bank and Yes Bank have revised their fixed deposit rates for deposits below Rs 2 crore. The move comes after public and private sector lenders revised their fixed deposit interest rates to woo more customers.
For Yes Bank, the new rates came into effect on November 3 and for ICICI Bank, for deposits between Rs 2 crore and Rs 5 crore, the new rates came into effect from today, while the interest rates for deposits below Rs 2 crore amended. This is effective from 29 October. As far as Yes Bank is concerned, the fixed deposit interest rates start from 3.25 per cent and the maximum is 7.5 per cent.
Yes Bank FD interest rates on deposits below Rs 2 crore
Yes Bank is now giving returns of 3.25 per cent for deposits maturing in 7 days to 14 days, 3.7 per cent for fixed deposits maturing in 15 days to 45 days, 4.1 per cent for 46 days to 90 days, 91 days 4.75 percent for 180 days, 5.5 percent for 181 days to 271 days, 5.75 percent for less than 1 year 272 days, 6.5 percent for one year to less than 18 months, 18 months to 10 years 6.75 percent Return will be given. Senior citizens will get an additional interest rate of 0.5 per cent for fixed deposits maturing between 7 days to three years and an additional 0.75 per cent for deposits maturing between three years and 10 years.
ICICI Bank FD rates for deposits below Rs 2 crore
ICICI Bank is now offering an interest rate of 3 per cent for fixed deposits maturing between 7 days to 29 days, 3.5 per cent in case of deposits maturing between 30 days to 45 days, deposits of 46 days to 60 days. 3.75 per cent for deposits maturing in 61 days to 90 days, 4 per cent for deposits maturing in 91 days to 184 days, 5.25 per cent for deposits maturing in 185 days to 210 days, 290 days to less than one year Fixed deposits maturing in 5.5 per cent, 6.1 per cent for deposits of one year to 18 months, 6.15 per cent for deposits from 18 months to 2 years, two years for one day to 3 years fixed deposits 6.2 per cent, 6.35 per cent for 3-year FDs of one day to 5 years and 6.25 per cent for deposits maturing in five years from one day to 10 years.
