ICICI Bank offers short-term FDs ranging from seven days to 289 days and long-term FDs ranging from one to ten years.
For FDs with maturity of 46-184 days, the bank has increased the interest rate from 6.25% to 6.60%. For FDs maturing in 185-289 days, the bank has kept the rate unchanged at 6.50%. For FDs of 290 days to less than 1 year, which were earlier fetching an interest rate of 6.40%, will now give you 6.75% interest rate.
On FDs maturing in 2-3 years, the bank has increased the interest rate from 7.3% to 7.5%. For the long term fixed deposits, the bank has kept the interest rates unchanged. ICICI Bank is offering a 7.25% interest rate on FDs maturing between three years and five years. On FDs maturing between five years and 10 years, ICICI Bank offers an interest rate of 7%.
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