ICICI Bank revises FD rates; offers up to 7.75% interest to senior citizens; check new FD rates
ICICI Bank revises FD interest rates from February 17, 2024
According to the ICICI Bank website on February 17, 2024, «The minimum amount to open a domestic FD is Rs 10,000.»
ICICI Bank offers a 3% interest rate for FDs maturing between 7 days and 29 days. FDs maturing between 30 days and 45 days will fetch you an interest rate of 3.5%. For FDs maturing between 46 days and 60 days, the bank offers an interest rate of 4.25%.
FDs maturing between 61 days and 90 days will get an interest rate of 4.5%. FDs maturing between 91 days and 184 days will fetch you an interest rate of 4.75%. FDs maturing between 185 days and 270 days will get you an interest rate of 5.75%. FDs maturing between 271 days and less than one year will get an interest rate of 6%. FDs maturing between one year and less than fifteen months will get an interest rate of 6.7%. FDs maturing between 15 months and two years will get an interest rate of 7.2%. FDs maturing between two years one day and five years will fetch you an interest rate of 7%. FDs maturing between five years one day and ten years will get an interest rate of 6.9%.
Investors looking for twin engines of quality and growth.
The interest rate on ICICI Bank tax-savings FD which has a tenure of 5 years will be 7%.
Table showing ICICI Bank FD interest rates, effective from February 17, 2024:
