Many banks including SBI, HDFC have increased the interest rates of their fixed deposits. ICICI Bank, one of the private sector banks, has also increased the interest rates of its fixed deposits, which will be applicable for amounts ranging from 2 crores to 5 crores. The bank is offering the benefit of interest rate ranging from 4.50% to 6.75% on tenure ranging from 7 days to 10 years.
Let us tell that according to the official website of the bank, the new interest rates will be applicable from February 7, 2023. At the same time, the highest interest rate is available from 15 months to 2 years at 7.15%.
Getting this much interest rate
The bank offers 4.50% interest rate on deposits maturing in 7 to 29 days, 5.25% interest rate on deposits maturing in 30 to 45 days, 5.50% interest rate on deposits maturing in 46 to 60 days, 61 to 90 days deposits Now offering an interest rate of 5.75% on the amount, 6.25% interest rate on bulk deposits maturing between 91 and 184 days and 6.50% interest rate on deposits maturing between 185 and 270 days.
The bank offers an interest rate of 6.65% for deposits maturing in 271 days to less than 1 year, 7.10% for deposits maturing in 1 year to 15 months, 7.15% for deposits maturing in 15 months to 2 years and Deposits maturing in 2 Years 1 Day to 3 Years offer an interest rate of 7.00%, deposits maturing in 3 Years 1 Day to 10 Years offer an interest rate of 6.75%.
