ICICI Bank Hikes Fixed Deposit Interest Rates Again; Check Latest FD Rates Here

ICICI Bank Fixed Deposit Interest Rate: The nation’s second largest personal sector lender, ICICI Bank has once more hiked the rates of interest of its mounted deposits, days after rising its FD charges for some tenors. The new ICICI Bank FD rates of interest will come into impact from in the present day, that’s May 26. The ICICI Bank FD rates of interest have been hiked for Domestic, NRO and NRE deposits, the financial institution mentioned in a notification.

It is relevant on deposits above Rs 2 crore and as much as Rs 5 crore on the ICICI financial institution. The ICICI Bank FD rate of interest hike comes as a direct results of the RBI rising its repo charges.

Here are the revised rates of interest on mounted deposits above Rs 2 crore as much as Rs 5 crore at ICICI Bank from May 26, 2022:

7 days to 14 days: For General Public – 3.00 per cent; For Senior Citizens – 3.00 per cent

15 days to 29 days: For General Public – 3.00 per cent; For Senior Citizens – 3.00 per cent

30 days to 45 days: For General Public – 3.25 per cent; For Senior Citizens – 3.25 per cent

46 days to 60 days: For General Public – 3.25 per cent; For Senior Citizens – 3.25 per cent

61 days to 90 days: For General Public – 3.40 per cent; For Senior Citizens – 3.40 per cent

91 days to 120 days: For General Public – 4.25 per cent; For Senior Citizens – 4.25 per cent

121 days to 150 days: For General Public – 4.25 per cent; For Senior Citizens – 4.25 per cent

151 days to 184 days: For General Public – 4.25 per cent; For Senior Citizens – 4.25 per cent

185 days to 210 days: For General Public – 4.50 per cent; For Senior Citizens – 4.50 per cent

211 days to 270 days: For General Public – 4.50 per cent; For Senior Citizens – 4.50 per cent

271 days to 289 days: For General Public – 4.70 per cent; For Senior Citizens – 4.70 per cent

290 days to lower than 1 yr: For General Public – 4.70 per cent; For Senior Citizens – 4.70 per cent

1 yr to 389 days: For General Public – 4.95 per cent; For Senior Citizens – 4.95 per cent

390 days to lower than 15 months: For General Public – 4.95 per cent; For Senior Citizens – 4.95 per cent

15 months to lower than 18 months: For General Public – 5.00 per cent; For Senior Citizens – 5.00 per cent

18 months to 2 years: For General Public – 5.00 per cent; For Senior Citizens – 5.00 per cent

2 years 1 day to three years: For General Public – 5.25 per cent; For Senior Citizens – 5.25 per cent

3 years 1 day to five years: For General Public – 5.25 per cent; For Senior Citizens – 5.25 per cent

5 years 1 day to 10 years: For General Public – 5.25 per cent; For Senior Citizens – 5.25 per cent

According to the ICICI Bank web site, “You can open a fixed deposit account with us through a number of channels like internet banking or mobile banking. If you prefer accessing our banking services in-person, simply visit the branch of ICICI Bank that is near to you to open your fixed deposit account.” The ICICI Bank FD price hike comes after the RBI’s off cycle financial coverage committee meet that noticed a rise in its repo charges by 40 foundation factors to tame inflation.

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