ICICI Bank has once again revised its Fixed Deposit (FD) interest rates, effective August 21.
This marks the second revision of interest rates for August, following changes made on August 9 after the RBI meeting.
The updated rates apply to FDs up to ₹3 crore, with senior citizens receiving the highest rates of up to 7.80%.
Current ICICI Bank FD Interest Rates
Below are the allowed rates :
- 7 days to 29 days: General public – 3.00%; Senior citizens – 3.50%
- 30 days to 45 days: General public – 3.50%; Senior citizens – 4.00%
- 46 days to 60 days: General public – 4.25%; Senior citizens – 4.75%
61 days to 90 days: General public – 4.50%; Senior citizens – 5.00%
91 days to 184 days: General public – 4.75%; Senior citizens – 5.25%
- 185 days 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%
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%
These revised rates offer higher returns for longer tenures and are particularly beneficial for senior citizens.
