137th Day Of Lockdown

Maharashtra49026232728117092 Tamil Nadu2850242275754690 Andhra Pradesh2069601204641842 Karnataka164924842322998 Delhi1427231282324082 Uttar Pradesh113378668341981 West Bengal89666630601954 Bihar7179446294400 Gujarat68855517922604 Assam5549737225132 Rajasthan4941835186763 Odisha4255028698292 Haryana4005433444467 Madhya Pradesh3729827621962 Kerala3170019147103 Jammu and Kashmir2392716218449 Punjab2193014040539 Jharkhand165427503154 Chhatisgarh11408831987 Uttarakhand89015731112 Goa7947559570 Telangana751354330615 Tripura6014408437 Puducherry5123291475 Manipur3466192610 Himachal Pradesh3206200813 Nagaland26578247 Arunachal Pradesh204913263 Chandigarh137482023 Meghalaya10234236 Sikkim8544061 Mizoram5672890
Business Companies 14 Aug 2019 ICICI Bank reviews f ...

ICICI Bank reviews fixed deposit rates; here are the latest FD rates

DECCAN CHRONICLE | Edited by : CHANDAN.P
Published Aug 14, 2019, 3:28 pm IST
Updated Aug 14, 2019, 5:10 pm IST
Senior citizens continue to get higher interest rates than the general public.
ICICI Bank offers fixed deposits from maturities ranging from 30-45 days, 46-60 days and 1 year-389 days.
 ICICI Bank offers fixed deposits from maturities ranging from 30-45 days, 46-60 days and 1 year-389 days.

Mumbai: ICICI Bank on Wednesday revised its interest rate on fixed deposit. The announcement comes a week after the Reserve Bank of India (RBI) had cut policy rate by 0.35 bps points for the fourth time in a year. ICICI Bank offers fixed deposits from maturities ranging from 30-45 days, 46-60 days and 1 year-389 days, according to the Mumbai-based lender's website, icicibank.com.

Senior citizens continue to get higher interest rates than the general public. Interest rate for senior citizens offered by bank is 5.75 per cent on fixed deposit kept for 30-45 days and for general public is 5.25 per cent. Earlier, the bank offered interest rate for senior citizens was 5.5 per cent and 6 per cent for general public.

 

According to the latest ICICI Bank FD rates, the bank is offering 4 per cent interest rate on short-term deposits between 7 days and 14 days.

As the duration increases the interest rates on fixed deposits goes up. ICICI bank gives 4.25 per cent on maturity FDs kept for 15 days to 29 days, 5.25 per cent for 30 days to 45 days, for 46 to 60 days 5.75 per cent, 61 days to 90 days 5.75 per cent, 91 days to 120 days 5.75 per cent, 185 to 289 days 6.25 per cent and 290 days to less than 1 year 6.50 per cent.

On fixed deposits of 1 year-389 days maturity period, the bank has reduced its interest rate by 20 basis point or 0.20 percentage points. After the revision, interest rate offered by the ICICI Bank is 6.7 per cent for general public and 7.2 per cent for senior citizens.

 

Here are revised ICICI Bank fixed deposit interest rates effective from August 14

icici bank

icici bank

...




ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT