ICICI Financial institution has revised its fastened deposits rate of interest by 5 foundation factors on tenures above 1 12 months to 10 years. The charges had been raised for single deposits of ₹2 crore however lower than ₹5 crore. The brand new charges have come into impact from March 30, 2022.
Now, ICICI Financial institution affords a 4.20% price on tenure from 1 12 months to 389 days and 390 days to lower than 15 months. Earlier, the FD price right here was 4.15%.
Additional, the financial institution affords a 4.25% price on 15 months to lower than 18 months tenure in comparison with the earlier 4.20%, whereas 4.35% is obtainable on 18 months to 2 years from the sooner 4.30%.
In the meantime, now, depositors can earn a 4.55% price on 2 years 1 day to three years tenure. Additionally, a 4.65% price is given on tenures from over 3 years to 10 years from the earlier 4.6%.
The rates of interest on FDs for the remaining tenure are saved unchanged. ICICI Financial institution continues to supply 3.70% every is obtainable on tenures between 271 days to lower than 1 12 months. Furthermore, 3.6% is given on tenures between 185 days to 270 days, whereas 3.35% is relevant on 91 days to 184 days intervals. 3% rate of interest is obtainable on 61 days to 90 days tenure.
Moreover, within the brief tenure bucket, ICICI Financial institution provides a 2.75% price between 30 days to 60 days, and a 2.5% price which is the bottom is obtainable between 7 days to 29 days tenure.
These charges are relevant to each normal and senior residents. These revised rates of interest shall be relevant for brand new deposits and renewal of present time period deposits.
Supply: Live Mint