ICICI Bank FD Interest Rate: Big news! ICICI Bank customers will now get more interest on FD, check latest rate

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ICICI Bank FD Interest Rate: Big news! ICICI Bank customers will now get more interest on FD, check latest rate
ICICI Bank FD Interest Rate: Big news! ICICI Bank customers will now get more interest on FD, check latest rate

According to the notification of ICICI Bank, FD interest rates have been increased by up to a quarter percent i.e. up to 25 basis points. Now one-fourth percent more will be available on deposits up to 90 days.


New Delhi . ICICI Bank, a large private sector bank, after increasing the interest rate of the loan, has now announced to increase the interest rates of fixed deposits as well. A day earlier on Wednesday itself, the Reserve Bank had announced to increase the repo rate and CRR. Since then, it was expected that FD interest rates may increase.

In a notification issued by ICICI Bank on Thursday, an increase in FD interest rates has been announced. At present, this increase has been made on deposits ranging from Rs 2 crore to Rs 5 crore. The new rates have become effective from May 5, 2022.

Up to 25% increase
According to the notification of ICICI Bank, FD interest rates have been increased by up to a quarter percent i.e. up to 25 basis points. Now one-fourth percent more will be available on deposits up to 90 days. Whereas it has been announced to increase by 20 basis points on deposits from 271 days to 1 year and 15 basis points on deposits up to 2 years.

For general and senior citizens, the bank is now giving interest at this rate on deposits ranging from Rs 2 crore to Rs 5 crore.

Here are the new rates

  • 7 days to 14 days – 2.75 percent
  • 15 days to 29 days – 2.75 percent
  • 30 days to 45 days – 3%
  • 45 days to 60 days – 3%
  • 61 days to 90 days – 3.25 percent
  • 91 days to 120 days – 3.5%
  • 121 days to 150 days – 3.5%
  • 151 days to 184 days – 3.5%
  • 185 days to 210 days – 3.75 percent
  • 211 days to 270 days – 3.75 percent
  • 271 days to 289 days – 4%
  • 290 days to 1 year – 4%
  • 1 year to 389 days – 4.5 percent
  • 390 days to 15 months – 4.5 percent
  • 15 months to 18 months – 4.6%
  • 18 months to 2 years – 4.65 percent
  • 2 years 1 day to 3 years – 4.75 percent
  • 3 years 1 day to 5 years – 4.8%
  • 5 years 1 day to 10 years – 4.8%