ICICI Bank revises fixed deposit rates. Check l...

ICICI Bank revises fixed deposit rates. Check latest FD rates

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Private sector lender ICICI Bank today revised interest rate on fixed deposit or FD rates. This comes days after the Reserve Bank of India (RBI) cut interest rate for the fourth time this year. ICICI Bank offers fixed deposits from maturities ranging from 7 days to 10 years. Senior citizens continue to get 50 bps higher interest rates than the general public. According to the latest ICICI Bank FD rates, the bank is offering 4% interest rate on short-term deposits between 7 days and 14 days.

The interest rate on FDs go up as the duration increases. For 15 days to 29 days maturity FDs, ICICI Bank is offering 4.25%, 30 days to 45 days 5.25%, 46 days to 60 days 5.75%, 61 days to 90 days 5.75%, 91 days to 120 days 5.75%, 185 days to 289 days 6.25% and 290 days to less than 1 year 6.50%.

For FDs between 1 year to 389 days, ICICI Bank is offering 6.70%, 390 days to less than 18 months 6.80%, 18 months to 2 years 7.10%, 2 years 1 day up to 3 years 7.10%, 3 years 1 day up to 5 years 7.00%, and 5 years 1 day up to 10 years 7.00%.

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