Private sector lender ICICI Bank has revised the fixed deposit (FD) interest rates for deposits of more than ₹2 Crore but less than ₹5 Crore. As per the bank's official website, the new ICICI Bank FD interest rates will be effective from November 3, 2022. Following the modification, the ICICI Bank FD rates will range between 3.75% to 6.50%.
Let's take a look at the revised FD interest rates.
ICICI Bank FD Interest Rates For FDs Worth More Than ₹2 Crore But Less Than ₹5 Crore
The revised ICICI Bank FD rates for deposits above ₹2 Crore but less than ₹5 Crore, with effect from November 3, 2022, are as follows:
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The FD interest rate for deposits maturing in the next 7-29 days is 3.75%.
For FDs maturing in the next 30-45 days, the ICICI Bank FD rate will be 4.75%.
FDs maturing in 46-60 days will now earn interest at a rate of 5.00%.
Fixed deposits maturing in 61-90 days will now fetch an interest rate of 5.25%.
On deposits maturing in 91-184 days, the ICICI Bank FD interest rate will be 5.50%.
ICICI Bank will pay an interest of 5.75% on deposits maturing in 185-270 days.
For FDs maturing in between 271 days to less than a year, the bank will offer an interest rate of 6%.
On deposits maturing in the next 3 years 1 day to 10 years, ICICI Bank will offer an interest rate of 6.25%.
Note: The ICICI Bank FD interest rates for deposits above ₹2 Crore but less than ₹5 Crore remain the same for general citizens and senior citizens. To invest in ICICI Bank's fixed deposits, you can visit your nearest ICICI Bank branch or invest through their online banking website.
Also Read: Union Bank and Punjab National Bank Hike FD Interest Rates
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