ICICI Bank hikes interest rates on fixed deposits, check new FD rates

New Delhi: Country’s second largest private sector lender ICICI Bank has again raised interest rates on its fixed deposits, according to the bank’s website. The new ICICI Bank fixed deposit interest rates are now effective and are applicable on deposits above Rs 2 crore but less than Rs 5 crore. The hike in ICICI Bank FD interest rate comes after RBI’s hike in repo rates last month.

ICICI Bank currently offers interest rates ranging from 3.10 per cent to 5.75 per cent on fixed deposits of more than Rs 2 crore but less than Rs 5 crore, with terms ranging from seven days to ten years. With the latest hike, ICICI Bank FD interest rates have been increased by 15 basis points to 5.25 per cent for deposits maturing between 185 days and 270 days, while those for deposits maturing between 271 days and less than one year have been raised. It has been increased from 5.35 percent to 5.25 percent. Read more: ITR filing for FY 2021-22: Know your income tax slab, check detailed table here

The interest rates on ICICI Bank FDs have been increased by 20 basis points from 5.40 per cent to 5.60 per cent for tenures ranging from 390 days to less than 18 months. ICICI Bank FD rates have been increased by 5 basis points to 5.75 per cent for tenures ranging from 18 months to 10 years. Read more: Will GST on casinos, online gaming, horse racing be increased from 18% to 28%? Important GoM meeting to be fixed today

Check interest rates on fixed deposits:

7 days to 14 days: for general public – 3.10 percent; For senior citizens – 3.10 percent

15 days to 29 days: for general public – 3.10 percent; For senior citizens – 3.10 percent

30 days to 45 days: for general public – 3.25 percent; For senior citizens – 3.25 percent

46 days to 60 days: for general public – 3.50 percent; For senior citizens – 3.50 percent

61 days to 90 days: for general public – 4.00 percent; For Senior Citizens – 4.00 percent

91 days to 120 days: for general public – 4.75 percent; For senior citizens – 4.75 percent

121 days to 150 days: for general public – 4.75 percent; For senior citizens – 4.75 percent

151 days to 184 days: for general public – 4.75 percent; For senior citizens – 4.75 percent

185 days to 210 days: for general public – 5.25 percent; For senior citizens – 5.25 percent

211 days to 270 days: for general public – 5.25 percent; For senior citizens – 5.25 percent

271 days to 289 days: for general public – 5.35 percent; For senior citizens – 5.35 percent

290 days to less than 1 year: for general public – 5.35 percent; For senior citizens – 5.35 percent

1 year to 389 days: for general public – 5.60 percent; For senior citizens – 5.60 percent

390 days to less than 15 months: for general public – 5.60 percent; For senior citizens – 5.60 percent

15 months to less than 18 months: for general public – 5.75 percent; For senior citizens – 5.75 percent

18 months to 2 years: for general public – 5.75 percent; For senior citizens – 5.75 percent

2 years 1 day to 3 years: for general public – 5.75 percent; For senior citizens – 5.75 percent

3 years 1 day to 5 years: for general public – 5.75 percent; For senior citizens – 5.75 percent

5 years 1 day to 10 years: for general public – 5.75 percent; For senior citizens – 5.75 percent