ICICI Bank has made its customers happy because the bank has increased the interest on FDs on different tenures, which will give more benefits to the customers.
Private sector lender ICICI Bank has revised its interest rates on bulk FDs above ₹2 crore and below ₹5 crore. After the revision, the bank is now promising interest rates ranging from 4.75% to 6.75% on bulk deposits maturing in 7 days to 10 years. On deposit tenure of 1 year to 15 months, ICICI Bank is now promising a maximum interest rate of 7.25%. ICICI Bank’s bulk FD rates are valid from April 20, 2023, according to the bank’s official website.
ICICI Bank Bulk FD Rates
The bank now promises an interest rate of 4.75% on bulk deposits maturing in 7 days to 29 days and ICICI Bank now offers an interest rate of 5.50% on bulk deposits maturing in 30 days to 45 days. ICICI Bank is now offering an interest rate of 5.75% on deposits for 46 to 60 days and 6.00% on deposits for 61 to 90 days. Deposits maturing within the next 91 to 184 days will now fetch 6.50% interest, while those maturing in the next 185 to 270 days will now fetch 6.65%.
The bank currently promises an interest rate of 6.75% for bulk deposits maturing between 271 days to less than a year and a maximum interest rate of 7.25% for bulk deposits maturing in one year to 15 months. % Is. ICICI Bank is now paying interest at the rate of 7.15 per cent on deposits of 15 months to two years and 7 per cent on deposits of two years and one day to three years. Deposits with maturity between three and ten years will now fetch an interest rate of 6.75%.
