New Delhi: ICICI Bank has revised the interest rates offered by the bank to its fixed deposit customers on investments above Rs 2 crore to less than Rs 5 crore. The enhanced fixed deposit rates are applicable to accounts with different maturity periods.
Recently, the private lender had increased interest rates on fixed deposit investments of less than Rs 2 crore. The bank has now revised the interest rate for investments above Rs 2 crore to less than Rs 5 crore.
ICICI Bank is offering similar interest rates to both regular and senior citizen investors. The revised fixed deposit interest rates of ICICI Bank have come into effect from March 10, 2022.
For example, the bank is now offering the highest FD interest rate of 4.6 per cent on FD accounts with maturities between 3 years to 10 years. Investors can get returns at 4.50% interest rate on fixed deposits with maturities of more than 2 years to less than 3 years.
Also, the bank is offering an interest rate of 4.15% on FD schemes with maturity period between 1 year to 15 months. If you make an FD with ICICI Bank for less than 1 year, you will get returns at interest rates ranging from 2.5% to 3.7%.
ICICI Bank is offering an interest rate of 4.2% on fixed deposits maturing in from 15 months to less than 18 months. In contrast, investors can get returns of 4.3% on FD policies maturing in more than 18 months to less than 2 years. Read also: Redeem codes for Garena Free Fire MAX today, March 13th: Check out how to get free rewards
Apart from ICICI Bank, several other lenders have increased the interest rates offered on fixed deposit investments. These banks include State Bank of India, HDFC Bank and Bank of Baroda. Read also: Russo-Ukraine War: Air Raid Alert Added by Google to Android Phones in Ukraine
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