ICICI Bank Increases Interest Rates Of FDs From Rs 2 Lakh To Rs 5 Crore

ICICI Bank has increased the interest rates on fixed deposits from Rs 2 lakh to Rs 5 crore. After this increase, the private sector bank will now give more interest to customers on FDs of 7 days to 10 years duration. The bank will give interest from 3.5 per cent to 5.90 per cent.

The bank will pay an interest of 3 per cent and a half on FDs maturing in ICICI Bank from 7 days to 29 days. Apart from this, the bank will give interest at the rate of 3.60 per cent in FD maturing in 30 to 45 days. At the same time, the bank will give 4 per cent interest on deposits of 46 to 60 days and 4.75 per cent on deposits of 61 to 90 days.

ICICI Bank will pay an interest rate of 5.25 per cent for fixed deposits ranging from 91 days to 184 days. Whereas, on deposits of 185 to 270 days, interest will be given at the rate of 5.40 per cent and on deposits of 271 days to one year at the rate of 5.60 per cent. And will give 6.05 per cent interest rate on deposits from one year to 5 years. At the same time, on fixed deposits maturing in 5 years, 1 day to 10 years, the bank will give interest at the rate of 5.90 per cent to its customers.

ICICI Bank has said about fixed deposits on its website that now customers can make fixed deposits for a fixed period as per their convenience. The bank has also said that ICICI Bank customers can increase their savings through FDs with higher FD interest rates.