ICICI Bank is giving up to 6.75% interest on FD, know how much interest is being received on which period

New Delhi. ICICI Bank, the country’s largest private sector bank, has changed the rates of Fixed Deposit. The bank has revised its interest rates on fixed deposits from Rs 2 crore to Rs 5 crore. According to the official website of the bank, the new rates are effective from today, November 19, 2022. After the revision, the bank is now offering interest rates ranging from 3.75% to 6.50% on fixed deposits with maturities ranging from 7 days to 10 years.

ICICI Bank is currently offering the highest interest rate of 6.75% on Fixed Deposits with maturity period of one to three years. That is, now the customers of this bank will get more interest on FD.

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Know how much interest is being received on FD now
According to ICICI Bank, the bank will offer 3.75% interest rate on fixed deposits maturing in 7 to 29 days and 4.75% interest rate on deposits maturing in 30 to 45 days. Pays interest rates of 5.00% and 5.25% on deposits maturing in 46 days to 60 days and 61 days to 90 days.

Deposits maturing between 91 and 184 days will now fetch an interest rate of 5.75%, while deposits maturing between 185 and 270 days will now fetch an interest rate of 6.00%. On fixed deposits maturing in less than 1 year in 271 days, the bank will now pay an interest rate of 6.25%.

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Interest will be available up to 6.50%
And on deposits maturing in 1 year to 3 years, the bank is now offering an interest rate of 6.75%. Fixed deposits maturing in 3 years, 1 day to 10 years will now get interest at the rate of 6.50%. Senior citizens will get interest at the rate of 3.50% to 6.75%.

HDFC Bank increased interest rates on fixed deposits from Rs 2 crore to ₹ 5 crore. According to the official website of the bank, the new rates will be effective from November 18, 2022. As per the revised, HDFC Bank is now offering 3.75% to 6.25% interest rate on deposits maturing in 7 days to 10 years. For senior citizens it ranges from 4.25% to 7.00%.

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Tags: Bank FD, FD Rates, ICICI bank