ICICI Bank, the country’s second-largest private sector bank, has updated its fixed deposit (FD) interest rates in October.
The new rates took effect today, October 1, 2024, and apply to FDs of up to Rs 3 crore.
The bank is offering a maximum interest rate of 7.80% for senior citizens.
This 7.80% interest is available on FDs with a tenure of less than 15 months to 18 months.
ICICI Bank FD Interest Rates for Amounts Up to Rs 3 Crore
7 to 29 days: General Public – 3.00%; Senior Citizens – 3.50%
30 to 45 days: General Public – 3.50%; Senior Citizens – 4.00%
46 to 60 days: General Public – 4.25%; Senior Citizens – 4.75%
61 to 90 days: General Public – 4.50%; Senior Citizens – 5.00%
91 to 184 days: General Public – 4.75%; Senior Citizens – 5.25%
185 to 270 days: General Public – 5.75%; Senior Citizens – 6.25%
271 days to less than 1 year: General Public – 6.00%; Senior Citizens – 6.50%
Less than 1 year to 15 months: General Public – 6.70%; Senior Citizens – 7.20%
15 months to less than 18 months: General Public – 7.25%; Senior Citizens – 7.80%
ICICI Bank is offering the highest interest on this FD
18 months to 2 years: General public – 7.25%; Senior citizens – 7.75%
2 years 1 day to 5 years: General public – 7.00%; Senior citizens – 7.50%
5 years 1 day to 10 years: General public – 6.90%; Senior citizens – 7.40%
5-year tax-saving FD: General public – 7.00%; Senior citizens – 7.50%
