ICICI Bank revises interest rates for fixed deposits less than ₹2 crore
ICICI Bank is offering interest rates ranging from 3 per cent to 6.25 per cent for general public on fixed deposits for deposits maturing in seven days to ten years.
Private lender ICICI Bank has hiked the interest rates on fixed deposits less than ₹2 crore. On its official website, the bank has announced the revised rates after an increase of 50 basis points on the term deposits maturing in seven days to ten years. ICICI Bank is offering interest rates ranging from 3 per cent to 6.25 per cent for general public on fixed deposits for the above mentioned period.
The bank will continue to offer an interest rate of 3 per cent for fixed deposits maturing in seven days to 29 days and 3.50 per cent interest rate on deposits maturing in 30 days to 45 days.
The private lender has increased the interest rates by 25 basis points from 3.50 per cent to 3.75 per cent on the deposits which mature in 46 days to 60 days while the interest rates have been hiked by 3.75 per cent to four per cent on the fixed deposits maturing in 61 days to 90 days.
The ICICI Bank has revised interest rates for fixed deposits less than ₹2 crore.
{{^htLoading}} {{/htLoading}}
On the other hand, the deposits which mature in 91 days to 184 days will offer an interest rate of 4.50 per cent against the earlier 4.25 per cent. The depots which mature in 185 days to 289 days will have an interest rate of 5.25 per cent against the previous 5 per cent.
The bank has increased the interest rate by 50 basis points from 5 per cent to 5.50 per cent on the deposits which mature in 290 days to less than a year and by 30 basis points from 5.80 per cent to 6.10 per cent on those maturing in 1 year to 18 months. For the deposits which mature in 18 months to 2 years, the bank increased the interest rate from 5.80 per cent to 6.15 per cent.
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Home/Business/ICICI Bank revises interest rates for fixed deposits less than ₹2 crore
{{^htLoading}}
Advertisement
{{/htLoading}}
SHARE THIS ARTICLE ON
{{#usCountry}}{{/usCountry}}
Hindustantimes wants to start sending you push notifications. Click allow to subscribe
