highlights
The general public earns 5.50 percent interest on FDs from 30 days to 45 days.
6.50 percent interest is granted on FDs from 91 to 120 days.
The bank pays 7.25 percent interest on FDs with a term of 1 year to 389 days.
New Delhi. Ever since the Reserve Bank raised the repo rate, the process of raising interest rates on banks’ fixed-term deposit (FD) deposits has continued. The country’s second-largest private bank, ICICI Bank (ICICI Bank), has hiked rates on retail loans. The Bank has increased FDs from Rs 2 crore to Rs 5 crore. The new rates are effective as of today, March 22, 2023. The bank has increased rates on large FD by 0.25 percent. The bank is now giving customers 7.25 percent interest on 15-month FDs.
Last month, ie also in February, ICICI Bank raised interest rates on large loans. After today’s increase, general customers will earn 4.75 percent interest and seniors 4.75 percent interest on FDs from 7 days to 14 days. At the same time, normal customers receive 4.75 percent interest for FDs from 15 to 29 days and senior citizens also receive 4.75 percent interest.
Also Read This – Income Tax Notice: Be Careful When Making Cash Transactions! The decision of the income tax office can be accepted
6.50% interest is available for 120 days on FD
For FDs of 30 to 45 days, the general public earns 5.50 percent and seniors earn 5.50 percent interest. The general public and seniors earn 5.75 percent interest on FDs from 46 days to 60 days. Also 6% interest on FDs from 61 days to 90 days, 6.50% interest on FDs from 91 days to 120 days, 6.50% interest on FDs from 121 days to 150 days and 6.50% interest on FDs with a Term from 151 days to 184 days .will get.
Earns 7.25 percent interest
After raising interest rates today, ICICI Bank is offering both the general public and seniors 6.65 percent on FDs with a term of 211 to 270 days, 6.75 percent on FDs with a term of 271 to 289 days and 389 to 1 year On overnight FDs, the bank pays 7.25 percent interest.
The bank now also pays interest of 7.25 percent on FDs with a term of 390 days to 15 months. It was decided to pay 7.15 percent interest on FDs maturing in less than 15 months to 18 months. 2 Years 1 Day to 3 Years: 7.00% on FDs and 6.75% interest have been decided to give all customers on FDs with a maturity of 3 years, 1 day to 5 years.
Be the first to read breaking news in Hindi News18 Hindi| Read Today’s Latest News, Live News Updates, Most Reliable Hindi News Website News18 Hindi.
Tags: Bank FD, bank rate, Business news in hindi, FD prices, ICICI bank
FIRST RELEASED : March 23, 2023 at 7:55 p.m. IST
