Private lender ICICI Bank has increased its fixed deposit interest rates by 5 basis points for certain tenures, the bank said on its website. These new ICICI Bank FD interest rates have come into effect from Wednesday, June 22. According to the lender’s website, ICICI Bank fixed deposit interest rates have been increased twice in a week with the latest updates. The new ICICI Bank FD interest rate has come at a time when the Reserve Bank of India India increased its repo rates by 50 basis points during its bi-monthly Monetary Policy Committee meeting.
The revised interest rates on fixed deposits of less than Rs 2 crore in ICICI Bank with effect from June 22, 2022 are as follows:
7 days to 14 days: for general public – 2.75 percent; For senior citizens – 3.25 percent
15 days to 29 days: for general public – 2.75 percent; For senior citizens – 3.25 percent
30 days to 45 days: for general public – 3.25 percent; For senior citizens – 3.75 percent
46 days to 60 days: for general public – 3.25 percent; For senior citizens – 3.75 percent
61 days to 90 days: for general public – 3.25 percent; For senior citizens – 3.75 percent
91 days to 120 days: for general public – 3.75 percent; For senior citizens – 4.25 percent
121 days to 150 days: for general public – 3.75 percent; For senior citizens – 4.25 percent
151 days to 184 days: For general public – 3.75 percent; For senior citizens – 4.25 percent
185 days to 210 days: for general public – 4.65 percent; For senior citizens – 5.15 percent
211 days to 270 days: for general public – 4.60 percent; For senior citizens – 5.10 percent
271 days to 289 days: for general public – 4.60 percent; For senior citizens – 5.10 percent
290 days to less than 1 year: for general public – 4.60 percent; For senior citizens – 5.10 percent
1 year to 389 days: for general public – 5.35 percent; For senior citizens – 5.85 percent
390 days to less than 15 months: for general public – 5.35 percent; For senior citizens – 5.85 percent
15 months to less than 18 months: for general public – 5.35 percent; For senior citizens – 5.85 percent
18 months to 2 years: for general public – 5.35 percent; For senior citizens – 5.85 percent
2 years 1 day to 3 years: for general public – 5.50 percent; For senior citizens – 5.85 percent
3 years 1 day to 5 years: for general public – 5.70 percent; For senior citizens – 6.20 percent
5 years 1 day to 10 years: for general public – 5.75 percent; For senior citizens – 6.50 percent.
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