ICICI Bank hikes fixed deposit (FD) rates twice in 6 days. | Techno Glob


ICICI Bank FD Rate After raising fixed deposit interest rates six days ago, private lender ICICI Bank has further hiked FD interest rates for the following amounts. 2 crores. The private bank has hiked FD rates by 5 bps on select borrowers and the revised rates are effective from today. That is, on June 22, 2022

According to the official website of ICICI Bank, the FD rates offered by the bank now range from 2.75 percent to 5.75 percent for renters. The private lender has hiked FD interest rates for term deposits of less than one year and one to two years from 185.

ICICI FD Interest Rate Changes You Should Know

ICICI Bank’s FD interest rates are effective from today, FD rates offered by private lenders for less than 185 days were 4.65 per cent till yesterday and 4.60 per cent till yesterday. Similarly, ICICI Bank is offering 5.35 per cent annual return on FDs with tenors of one to two years till June 21, 2022, which has fetched 5.30 per cent annual return. ICICI Bank FD interest rates remain unchanged for other borrowers.

For less than 185 days in a year, ICICI Bank offers term deposit options with 4 tenors – 185 days to 210 days; 211 to 270 days; We offer term deposit option from 271 days to 289 days and less than 1 year to 290 days. Among all such tenants; ICICI Bank has hiked the FD interest rate by 5 bps for these borrowers, which used to fetch 4.60 per cent recovery till yesterday.

Check out the complete ICICI Bank FD interest rate below.

Photo taken from ICICI Bank website.

See the full picture.

Photo taken from ICICI Bank website.

Similarly for deposits of one to two years, ICICI Bank offers 4 extensions — 1 year to 389 days; 390 days under 15 months; Under 15 months to 18 months and 18 months to 2 years. In all these services, The new ICICI Bank FD interest rate is 5.35 percent till June 21, 2022 at 5.30 percent.

business news, market news; Catch the latest news on Breaking News Events and Live Mint. Download Mint News App to get daily market updates.

more or less.



Source link