ICICI Bank, the country’s second-largest private sector bank, has raised interest rates on bulk Fixed Deposits (FDs), offering higher returns for various tenure ranges from February 8, 2024.
Key Points:
The revised interest rates apply to FDs ranging from Rs 2 crore to Rs 5 crore, with tenure options from 7 days to 10 years.
The maximum interest rate offered on bulk FDs by ICICI Bank stands at 7.40%.
Latest Interest Rates on ICICI Bank Bulk FDs:
7 days to 14 days:
General Public: 4.75%
Senior Citizens: 4.75%
15 days to 29 days:
General Public: 4.75%
Senior Citizens: 4.75%
30 days to 45 days:
General Public: 5.50%
Senior Citizens: 5.50%
46 days to 60 days:
General Public: 5.75%
Senior Citizens: 5.75%
61 days to 90 days:
General Public: 6.00%
Senior Citizens: 6.00%
91 days to 120 days:
General Public: 6.50%
Senior Citizens: 6.50%
121 days to 150 days:
General Public: 6.50%
Senior Citizens: 6.50%
151 days to 184 days:
General Public: 6.50%
Senior Citizens: 6.50%
185 days to 210 days:
General Public: 6.75%
Senior Citizens: 6.75%
211 days to 270 days:
General Public: 6.75%
Senior Citizens: 6.75%
271 days to 289 days:
General Public: 6.85%
Senior Citizens: 6.85%
1 year to 389 days:
General Public: 7.40%
Senior Citizens: 7.40%
390 days to less than 15 months:
General Public: 7.30%
Senior Citizens: 7.30%
15 months to less than 18 months:
General Public: 7.05%
Senior Citizens: 7.05%
2 years 1 day to 3 years:
General Public: 7.00%
Senior Citizens: 7.00%
3 years 1 day to 5 years:
General Public: 7.00%
Senior Citizens: 7.00%
These revised rates provide an attractive option for investors seeking stable returns on their deposits with ICICI Bank.