ICICI Bank FD Rates Hike: The country's largest private sector bank ICICI Bank has decided to increase the interest rates of its FD. This is the third time in the month of April that the bank has increased its interest rates. Earlier, the bank had increased its interest rates on April 1 and April 9, 2024. The bank has changed the interest rates in bulk FD scheme i.e. FD of Rs 2 to 5 crore.
New rates applicable from today
According to the information given on the official website of ICICI Bank, the bank has decided to increase the interest rates of bulk FD of Rs 2 to 5 crore. After this increase, the bank is offering interest rates ranging from 4.75 percent to 7.00 percent to common citizens on bulk FD schemes of 7 days to 10 years. The maximum interest rate is being offered on FD of 1 year to 389 days. In this, the bank is offering 7.25 percent interest to general and senior citizens.
Know about the interest rates of ICICI Bank's FD scheme
ICICI Bank is offering 4.75 percent interest rate to customers on bulk FD scheme for 7 days to 29 days. Whereas, 4.75 percent on FD of 30 days to 45 days, 5.75 percent on FD of 46 days to 60 days, 6.00 percent on FD of 61 to 90 days, 6.50 percent on FD scheme of 91 to 184 days, 185 days to 270 percent. 6.75 percent on FD schemes of 271 days to 289 days, 6.85 percent on FD schemes of 290 days to 1 year, 7.25 percent on FD schemes of 1 year to 389 days, 390 days to 15 months The bank is offering 7.25 percent interest rate on FD, 7.05 percent on FD scheme of 15 months to 18 months, 7 percent interest rate on FD scheme of 2 years to 10 years.
This bank also increased the interest rate
Apart from ICICI Bank, government bank Indian Bank has also recently increased its FD of less than Rs 2 crore by 50 basis points. The new rates have come into effect from 15 April 2024. The bank is now offering interest rates ranging from 4 percent to 6.50 percent on FDs of 7 days to 3 years or more.
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