INSUBCONTINENT EXCLUSIVE:
Fixed deposit interest rates are subject to change from time to time.ICICI Bank has revised its fixed deposit (FD) interest rates with
effect from October 23, 2019
ICICI Bank has lowered the interest rates by up to 0.15 percentage point (15 basis points) on select maturities, according to the
On fixed deposits up to Rs 2 crore of a maturity period of between 1 year and 389 days, ICICI Bank now offers an interest rate of 6.45 per
cent to the general public and 6.95 per cent to senior citizens
Previously, the bank paid interest rates of 6.60 per cent and 7.10 per cent to the general public and senior citizens respectively on FDs of
this term.After the revision, ICICI Bank now pays interest to the tune of 6.85 per cent to the general public and 7.35 per cent to senior
citizens on fixed deposits of 18 months to 1 year term, according to its website.PeriodGeneral public (% p.a.)Senior citizens (% p.a.)7 days
to 14 days4%4.50%15 days to 29 days4.25%4.75%30 days to 45 days5%5.50%46 days to 60 days5.50%6%61 days to 90 days5.50%6%91 days to 120
days5.50%6%121 days to 184 days5.50%6%185 days to 289 days6%6.50%290 days to less than 1 year6.25%6.75%1 year to 389 days6.45%6.95%390 days
to < 18 months6.45%6.95%18 months to 2 years6.85%7.35%2 years 1 day upto 3 years6.75%7.25%3 years 1 day upto 5 years6.75%7.25%5 years 1 day
upto 10 years6.75%7.25%5 Years Tax saver FD(Max upto Rs.1.50 lakh)6.75%7.25%(Source: ICICI Bank)Fixed deposit interest rates are subject to
Earlier this month, State Bank of India (SBI) and Punjab National Bank (PNB) cut their FD rates.The Reserve Bank of India has so far this
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