Fixed deposits maturing between 7 and 29 days earn a 3% interest rate, while fixed deposits maturing between 30 and 45 days earn a 3.50% interest rate. Deposits will now yield 4.25% interest on terms ranging from 46 to 60 days. The bank will pay 4.75% interest on fixed deposits maturing between 91 and 184 days.
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Deposits maturing between 185 and 270 days will now yield 5.75%, while deposits maturing between 271 and less than one year will now earn 6%. On deposits maturing between one year and less than 15 months, the bank will now give a 6.70% interest rate.
ICICI Bank now has the highest interest rate on FDs maturing between 15 months and less than 2 years, at 7.10%. The bank offers a 7% interest rate on deposits maturing between two years and one day and five years.
On tax-saving fixed deposits the bank offers an interest rate of 7% for general citizens.
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FDs maturing between five years and one day and 10 years will earn an interest rate of 6.9%.