ICICI Bank hikes FD charges on varied tenures; examine full particulars right here

ICICI Bank has revised its mounted deposits rate of interest by 5 foundation factors on tenures above 1 yr to 10 years. The charges have been raised for single deposits of ₹2 crore however lower than ₹5 crore. The new charges have come into impact from March 30, 2022.

Now, ICICI Bank gives a 4.20% fee on tenure from 1 yr to 389 days and 390 days to lower than 15 months. Earlier, the FD fee right here was 4.15%.

Further, the financial institution gives a 4.25% fee on 15 months to lower than 18 months tenure in comparison with the earlier 4.20%, whereas 4.35% is obtainable on 18 months to 2 years from the sooner 4.30%.

Meanwhile, now, depositors can earn a 4.55% fee on 2 years 1 day to three years tenure. Also, a 4.65% fee is given on tenures from over 3 years to 10 years from the earlier 4.6%.

The rates of interest on FDs for the remaining tenure are stored unchanged. ICICI Bank continues to supply 3.70% every is obtainable on tenures between 271 days to lower than 1 yr. Moreover, 3.6% is given on tenures between 185 days to 270 days, whereas 3.35% is relevant on 91 days to 184 days intervals. 3% rate of interest is obtainable on 61 days to 90 days tenure.

Additionally, within the quick tenure bucket, ICICI Bank offers a 2.75% fee between 30 days to 60 days, and a 2.5% fee which is the bottom is obtainable between 7 days to 29 days tenure.

These charges are relevant to each normal and senior residents. These revised rates of interest shall be relevant for brand spanking new deposits and renewal of current time period deposits.

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