ICICI FD Rates: ICICI Bank has increased the interest rates on Fixed Deposit. The increased interest rates will be applicable for FDs above Rs 2 crore and less than Rs 5 crore. Till December 2022, the minimum interest rate in fixed deposits of ICICI Bank (Fixed Deposit Interest Rate) was three percent. At the same time, on February 23, 2023, it has increased to 4.75 percent.
ICICI FD Rates
Let us tell you that in the recent monetary review, the Reserve Bank of India had increased the rates of fixed deposits. After this where the loan has become expensive. At the same time, interest rates on term deposits like FD and RD have increased. ICICI Bank has increased the interest rates on fixed deposits of more than Rs 3 crore and less than Rs 5 crore in different periods.
Fixed Deposit Interest Rate 2023
The interest rate on FDs with a period of seven to 14 days has been increased from three percent to 4.75 percent. This rate is for both general and senior citizens. The interest rate on Fixed Deposit of 15 days to 29 days has increased from three percent to 4.75 percent. This rate is same for general as well as senior citizens. Fixed Deposit Interest Rate has been increased from 3.50 per cent to 5.50 per cent in term deposits of 30 days to 45 days.
46 days to 60 days FD Interest Rate
ICICI Bank is offering 5.75 per cent interest rate on Fixed Deposits with a tenure of 46 days to 60 days. In December 2022, the interest rate was 4 per cent for general and 4.50 per cent for senior citizens. There is a six per cent interest rate on fixed deposits with a duration of 61 to 90 days (Fixed Deposit Interest Rate). In December 2022, the interest rate for the general public (FD Interest Rate) was 4.50 percent and the interest rate for senior citizens was five percent.
ICICI Bank Hike FD Interest Rate
6.50 percent interest is being received in Fixed Deposit for a period of 91 to 120 days. In the period of 121 days to 150 days, the interest rate is 6.50 percent. Fixed Deposit Interest Rate is being received at the rate of 6.50 percent on fixed deposits of 121 days to 150 days. 7.15% interest will be available on FDs ranging from one year to 389 days. The interest rate on FDs with a tenure of more than 18 months and less than two years is 7.15 percent.
SBI New FD Interest Rates
The new interest rate for 46 to 179 days scheme is 4.05 per cent, while for 180-210 days FDs the rate is 5.25 per cent. Now 5.75 percent interest rate on savings deposits of less than 211-1 years (Fixed Deposit Interest Rate) Will get The Reserve Bank has recently increased the repo rate by 25 basis points. Since then, private and public sector banks of the country have been increasing interest rates to make their Fixed Deposit scheme attractive.
IDBI Bank Fixed Deposit Rates
On the other hand, from 13 FEB 2023 IDBI Bank has started ‘Amrit Mahotsav FD’ scheme (Fixed Deposit Interest Rate) of 444 days and 700 days! IDBI Bank is offering FD Interest Rate at the rate of 7.15 percent to the general public and 7.90 percent to senior citizens on a special maturity bucket of 444 days! Whereas, 700 days special fixed deposit (Fixed Deposit) Non-senior citizens will get an interest rate of 7.25 percent on the maturity bucket. At the same time, senior citizens will get 8.00 percent interest.
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