FD Interest Rate Increase

FD Interest Rate Increased – ICICI Bank has now changed their interest rates on FDs of Rs.2 crore – Rs.5crore. These days, FDs aka Fixed Deposit is considered to be the safest investment options of all. Who does not want to invest in low-risk investment options? In a few Fixed Deposits, investors get more interests than stock market. This is one of the huge reasons why people prefer fixed deposits than stock market options. ICICI Bank has now FD Interest Rate Increased on deposits with maturities ranging from 46 days to 3650 days by up to 60bps. Customers will get whooping 4.50% to 7.50% interest Rate in investments.

Check out the list of ICICI FD Interest Rate Increase or Hike.

Investment periodInterest rate
7 days to 29 days4.50%
30 days to 45 days5.25%
46 days to 60 days5.50%
61 days to 90 days5.75%
91 days to 184 days6.25%
185 days to 270 days6.50%
271 days to less than 1 year6.65%
1 year to less than 15 months7.10%
15 months to 2 years7.15%
2 years 1 day to 3 years7%
3 years 1 day to 10 years6.75%

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Written and edited by Rajeshwari.

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