ICICI new FD rates: Many banks have been lowering their deposit rates citing surplus liquidity. Now, ICICI Bank, a private sector lender has revised its fixed deposit rates, applicable form today.
The ICICI Bank FD rates for fixed deposits more than 5 years is 0.30% extra per annum. The senior citizen residents of India will get additional ICICI Bank FD rates of 0.30% for a specific period above than the. ICICI Bank, the country's second largest private sector bank, currently offers 17 maturity options with varied interest rates on fixed deposits up to Rs 2 crore with an option of pre-mature. Top banks, such as State Bank of India (SBI), HDFC Bank, ICICI Bank, and Bank of Baroda (BoB), offer senior citizens special fixed deposit (FD) schemes. Under this scheme, extra interest rates are. The above interest rates are applicable for amounts upto 1 million currency units. For higher amounts, the rates are at the bank’s discretion. All interest rates are expressed on a per annum basis. These interest rates used or provided are for reference only and subject to change by ICICI Bank, Singapore branch at any time without any notice. 8 hours ago In order to lure customers back, top lenders like State Bank of India (SBI), HDFC Bank, ICICI Bank and Bank of Baroda (BoB) are offering extra interest rates over the existing rates on fixed deposits.
Also, Earlier this month, on June 4, ICICI Bank had cut interest rates on savings account deposits of less than ₹50 lakh to 3%, a reduction of by 25 bps as against 3.25% earlier. Likewise, for deposits of ₹50 lakh and above, the account holders will earn an interest of 3.50%, down from 3.75%.
Currently, banks have ample liquidity and comparatively less demand for loans due to the lockdown. This has put pressure on deposit rates.
Starting from an interest rate of 2.75% on FD deposits between 7 days to 14 days, ICICI Bank is currently offering 5.15% on deposits between 1 year to 389 days. Customers get 5.35% on FDs with maturity between 18 months days and 2 years 5.35% which rises to 5.50% on deposits of over three years.
Senior citizens get an additional interest rate of 50 basis points across all maturities.
ICICI Bank FD rates on deposits below ₹2 crores (general public):
7 days to 14 days 2.75%
15 days to 29 days 3.00%
30 days to 45 days 3.25%
46 days to 60 days 3.50%
61 days to 90 days 3.50%
91 days to 120 days 4.10%
121 days to 184 days 4.10%
185 days to 210 days 4.50%
211 days to 270 days 4.50%
271 days to 289 days 4.50%
290 days to less than 1 year 4.75%
1 year to 389 days 5.15%
390 days to < 18 months 5.15%
18 months days to 2 years 5.35%
2 years 1 day to 3 years 5.35%
3 years 1 day to 5 years 5.50%
5 years 1 day to 10 years 5.50%
5 Years (80C FD) – Max to ₹1.50 lakh 5.50%
ICICI Bank FD rates on deposits below ₹2 crores (senior citizens):
7 days to 14 days 3.25%
15 days to 29 days 3.50%
30 days to 45 days 3.75%
46 days to 60 days 4%
61 days to 90 days 4%
91 days to 120 days 4.6%
121 days to 184 days 4.6%
185 days to 210 days 5%
211 days to 270 days 5%
271 days to 289 days 5%
290 days to less than 1 year 5.25%
1 year to 389 days 5.65%
390 days to < 18 months 5.65%
18 months days to 2 years 5.85%
Icici Fd
2 years 1 day to 3 years 5.85%
3 years 1 day to 5 years 6%
Icici Bank Fixed Deposit Rates Senior Citizen
5 years 1 day to 10 years 6.3% (ICICI Bank Golden Years FD)
5 Years (80C FD) – Max to ₹1.50 lakh 5.50%