Yes, you heard it right, after a long time ICICI bank hikes interest rate on fixed deposit. Now ICICI bank is offering high interest rates on fixed deposit. ICICI bank is offering 3.5% to 7.10% interest rates on fixed deposits maturing between 7 days and 10 years. This fixed deposit rate is applicable for general customers, senior citizens will get additional .50% interest rate on ICICI bank fixed deposit.
ICICI bank’s increased interest rate in fixed deposit will be applicable from 24th February 2023.
ICICI Bank has increased its fixed deposit (FD) interest rates on retail deposits of less than ₹2 crore. The bank’s new interest rates on fixed deposits, which mature between 7 days and 10 years for general customers, now range from 3.5% to 7.10%. The revised FD rates took effect from 24 February 2023, as per the bank’s official website.
Also Read: SBI Card Charges update alert March 2023 (Doubled processing fees)
ICICI Bank fixed deposits interest rates from 24 February 2023
- 7 days to 14 days 3.00%
- 15 days to 29 days 3.00%
- 30 days to 45 days 3.50%
- 46 days to 60 days 4.25%
- 61 days to 90 days 4.50%
- 91 days to 120 days 4.75%
- 121 days to 150 days 4.75%
- 151 days to 184 days 4.75%
- 185 days to 210 days 5.75%
- 211 days to 270 days 5.75%
- 271 days to 289 days 6.00%
- 290 days to less than 1 year 6.00%
- 1 year to 389 days 6.70%
- 390 days to < 15 months 6.70%
- 15 months to < 18 months 7.10%
- 18 months to 2 years 7.10%
- 2 years 1 day to 3 years 7.00%
- 3 years 1 day to 5 years 7.00%
- 5 years 1 day to 10 years 6.90%
- 5 Years (80C FD) – Max to `1.50 lac 7.00%
Also Read: HDFC bank hikes fixed deposit rate from February 2023
In this article I have tried my best to share information about ICICI bank’s hiked interest rates on fixed deposit. I hope this was helpful for you to earn more interest on your new fixed deposit with ICICI bank.
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