Icici Bank Fixed Deposit Rates
The ICICI Bank FD rates on such deposits will be the rate that is applicable for the specific period, prevailing as on the date of auto-renewal. ICICI Bank Golden Years Fixed Deposit. The ICICI Bank FD rates for fixed deposits more than 5 years is 0.30% extra per annum. With effective from 4th June 2020, the savings account interest rate applicable would be: 3% for end of day account balance of below ₹50 Lacs. 3.5% for end of day account balance of ₹ 50 Lacs & above. Interest rates effective from 9th November 2020. FAQs about Fixed Deposit Which bank is offering the highest fixed deposit interest rates? Currently, North East Small Finance Banks is offering the highest FD interest rate of 7.50%, for the tenure of 730 days to less than 1095 days. ICICI Bank FD Interest Rates March 2021. Fixed deposits are available to general as well as senior citizens with one of the highest interest rates on the Fixed Deposit account. The fixed deposit scheme of ICICI bank is available with a premature withdrawal facility as well as without a premature withdrawal facility.
ICICI Bank has raised its interest rates on fixed deposits between 15 basis points (0.15%) to 25 basis points (0.25%) on selected term deposits. Also the bank announced in a statement, ICICI Bank staff will get an additional 1% interest on domestic term deposits below Rs. The revised FD rates will apply for both General and Senior.
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.
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%
Fixed Deposit Rates Of Icici Bank
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 Bank Fixed Deposit Rates Senior Citizen
2 years 1 day to 3 years 5.85%
3 years 1 day to 5 years 6%
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%