Icici fd interest rates

ICICI Bank, one of the leading private sector banks of India has revised its interest rates on Domestic, Non-Resident Ordinary (NRO), and Non-Resident External Account (NRE) deposits. According to the bank's official website, adjusted interest rates on domestic deposits of less than Rs 2 crore are in force from November 16, 2021, while applicable interest rates on NRO and NRE deposits are in effect from November 29, 2021. Tenure Interest rates (p.a.) for deposits of less than Rs 2 Cr. Interest rates (p.a.) for deposits of Rs. 2 Cr and above less than Rs. 5 Cr 7 days to 14 days 2.50% 2.75% 15 days to 29 days 2.50% 2.75% 30 days to 45 days 3.00% 3.00% 46 days to 60 days 3.00% 3.00% 61 days to 90 days 3.00% 3.15% 91 days to 120 days 3.50% 3.15% 121 days to 150 days 3.50% 3.15% 151 days to 184 days 3.50% 3.15% 185 days to 210 days 4.40% 3.65% 211 days to 270 days 4.40% 3.65% 271 days to 289 days 4.40% 3.90% 290 days to less than 1 year 4.40% 3.90% 1 year to 389 days 4.90% 4.05% 390 days to < 15 months 4.90% 4.05% 15 months to < 18 months 4.90% 4.15% 18 months to 2 years 5.00% 4.25% 2 years 1 day to 3 years 5.15% 4.50% 3 years 1 day to 5 years 5.35% 4.70% 5 years 1 day to 10 years 5.50% 4.70% 5 Years (80C FD) 5.35% NA Source: Bank Website. W.e.f. November 16, 2021 W.e.f. November 29, 2021 ICICI Bank FD Rates For Senior Citizens Senior citizens will continue to get an additional rate of 0.50% over and above the card rate applicable to the general public across all tenors. On the...

Tenure General Public FD Rate Senior Citizens FD Rate 7 days to 29 days 3.00% 3.50% 30 days to 45 days 3.50% 4.00% 46 days to 60 days 4.00% 4.50% 61 days to 90 days 4.50% 5.00% 91 days to 150 days 4.75% 5.25% 151 days to 184 days 4.75% 5.25% 185 days to 289 days 5.50% 6.00% 290 days to less than 1 year 5.75% 6.25% 1 year to 389 days 6.60% 7.10% 390 days to < 15 months 6.60% 7.10% 15 months to < 18 months 7.00% 7.50% 18 months to 2 years 7.00% 7.50% 2 years 1 day to 3 years 7.00% 7.50% 3 years 1 day to 5 years 7.00% 7.50% 5 years 1 day to 10 years 6.90% 7.50% 5 Years (80C FD) - Max to 1.50 lac 7.00% 7.50% Note: All interest rates shown above are annual (p.a.) as on 16th Dec 2022 Name Interest rate (p.a.) Tenure Min. deposit Bajaj Finance Ltd. 7.11% - 8.60% 1 - 5yrs ₹15,000 SBI Bank 2.90% - 5.40% 1 - 10yrs ₹1,000 ICICI Bank 2.50% - 5.60% 1 - 10yrs ₹10,000 View details Axis Bank 2.50% - 5.75% 1 - 10yrs ₹5,000 HDFC Bank 2.50% - 5.50% 1 - 10yrs ₹5,000 Bank of Baroda 2.80% - 5.25% 1 - 10yrs ₹1,000 IDFC Bank 3.00% - 4.65% 1 - 10yrs ₹10,000 Kotak Mahindra Bank 2.50% - 5.30% 1 - 10yrs ₹5,000 Canara Bank 2.90% - 5.35% 1 - 10yrs ₹1,000 Yes Bank 3.25% - 6.25% 1 - 10yrs ₹10,000 IndusInd Bank 2.50% - 6.00% 1yr - 5yrs 1m ₹10,000 Punjab National Bank 2.90% - 5.25% 1 - 10yrs ₹1,000 IDBI Bank 2.70% - 5.40% 1 - 20yrs ₹10,000 Union Bank 3.00% - 5.50% 1 - 10yrs ₹1,000 Citibank 1.85% - 3.50% 1 - 5yrs ₹1,000 RBL Bank 3.25% - 6.30% 1 - 10yrs ₹1,000 Indian Bank 2.80% - 5.25% 1 - 10yrs ₹1,000 About...

If you are looking to book a fixed deposit before the scheme ends, here is a comparison of 1-2 year FD interest rates of banks like HDFC Bank, ICICI Bank, YES Bank, Canara Bank, SBI and SBI AMRIT KALASH. SBISBI offers 6.80% interest rate on fixed deposits for tenure ranging from 1 year to 2 years. While, under Amrit Kalash FD rate offered is 7.10% for tenure of 400 days which is 13 months 4 days. ICICI BankICICI Bank offers 6.70% on tenure of 1 year to less than 15 months for general citizens. The bank offers the highest interest rate of 7.10% on tenure 15 months to less than 2 years. The rates are applicable from February 24, 2023. Canara Bank Canara Bank offers the highest interest rate of 7.25% on tenure of 444 days for general citizens. The rates are applicable from April 5, 2023. Yes Bank Yes Bank offers 7.50% interest rate on fixed deposits with tenure of 1 Year to less than 18 months. The rates are effective from May 2, 2023. Source: Bank website as on June 15, 2023 Note that these interest rates are applicable for amounts below Rs 2 crore. Also note that these rates are applicable only for general citizens, seniors receive returns that are 0.5% greater than those of other customers, and partial and early withdrawals are subject to penalties and vary with banks. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp.

On June 8, the Reserve Bank of India (RBI) in its monetary policy committee (MPC) review, kept the repo rate — the interest rate at which the central bank lends money to commercial banks — on hold at 6.5 per cent. In the June 2023 policy, the central bank followed a similar move in its April review, which came after raising the key lending rate by 250 basis points (bps) in six installments starting from May 2022. Also Read: HDFC Bank: HDFC Bank the country's largest private lender, offers interest rates between three per cent to 7.25 per cent for general citizens. The highest rate of 7.25 per cent is offered on tenure of 4 year 7 months to 10 years. For senior citizens, the highest interest rate is 7.75 per cent. The rates were applicable from May 29, 2023, according to its website. ICICI Bank: ICICI Bank offers interest rates between three per cent to 7.10 per cent for the general citizens in tenures ranging between seven days to 10 years. The highest rate of 7.10 per cent is offered on tenure of 15 months to less than 18 months and 18 months to two years. The rates were applicable from February 24, 2023, according to its website. Axis Bank: Axis Bank offers interest rates between 3.50 per cent to 7.10 per cent for general citizens. The highest interest rate of 7.10 per cent is offered on tenure of13 months < 14 months, 14 months < 15 months, 15 months < 16 months, 16 months < 17 months and 17 months < 18 months. These rates were applicable from May 18, 2023, according to...

Investing in fixed deposits – which not only allows you to save money but also enables you to make a sizable income on it – is one of the most preferred investment avenues of risk averse investors and senior citizens. Bank FD interest rates are competitive and aid the depositor in getting a decent return on investments over a set period of time without hurting the principal amount. Interest rates on fixed deposits offered by banks vary depending on the amount, category of investors, and tenure. When the term is up, the principal and accumulated interest are combined, and the depositor is given the sum total. Fixed deposits can be made for a period of time of seven days to ten years. Here is a comparison of the FD offered by top 10 banks by size. We’ll look at the minimum and maximum FD interest rates offered, with tenures between 7 days to 10 years for amounts below Rs 2 crore. (Latest interest rates as on June 5, 2023, source: Bank websites.) Bank FD General Citizens Senior Citizens SBI 3% to 7.10% 3.50% to 7.60% HDFC Bank 3.00% to 7.25% 3.50% to 7.75% ICICI Bank 3.00% to 7.10% 3.50% to 7.60% PNB 3.50% to 7.25% 4.00% to 7.75% Axis Bank 3.50% to 7.10% 3.50% to 7.85% Canara Bank 4.00% to 7.25% 4.00% to 7.75% Kotak Mahindra Bank 2.75% to 7.20% 3.25% to 7.70% Union Bank 3% to 7% 3.50% to 7.50% Yes Bank 3.25% to 7.50% 3.75% to8.25% Bank of Baroda 3% to 7.25% 3.50% to 7.55% TDS (or tax deducted at source) will be deducted on FD interest if the interest exceeds Rs 40,000 (Rs.50,...

Joining the list of banks that have hiked fixed deposit (FD) Term deposits with a maturity of 185 to less than one year now pay 4.60 percent, while those with a maturity of one year to two years will fetch 5.30 percent interest. ICICI Bank will now offer a 5.50 percent interest rate on two-year and one-day to three-year fixed deposits, and a 5.70 percent interest rate on three-year, one-day to five-year fixed deposits. For tenor five years one day to ten years, the interest rate offered is 5.75 percent The Golden Years FD is an ICICI Bank term deposit scheme for senior citizens. Over and above the existing additional rate of 0.50 percent per year, resident senior citizen clients will receive an additional interest rate of 0.25 percent for a limited period FD tenure: 5 years 1 day up to 10 years Scheme Period: Valid up to October 7th , 2022 Applicable on single FD of amount < Rs.2 cr Banks hike FD interest rates Lenders in the private and public sectors have been fast to raise interest rates on a variety of loan terms, and fixed deposits after the Reserve Bank of India (RBI) hiked repo rates twice in the last one month. While increasing loan EMIs would put a dent in the borrowers' pockets, those who have invested in bank fixed deposits will see their interest rates rise. SBI hikes FD interest rates According to SBI's website, the bank has raised the interest rate on FDs with terms ranging from 211 days to less than a year by 20 basis points to 4.60 percent. For 1 year to le...

ICICI Bank Limited is one of India's leading financial services headquartered (registered office) in Vadodara, Gujarat, and has its corporate office in Mumbai, Maharashtra. The bank offers a wide range of banking products and services for retail and corporate customers. The bank was called Industrial Credit and Investment Corporation of India when it was founded and later it changed its name to its abbreviation 'ICICI'. ICICI Bank provides a number of fixed deposit options to the customers where they can secure their money for a fixed tenure. ICICI FD interest rates are one of the best, the market has to offer. The depositor has to deposit the money one time at the time of opening the account. Any additional amount cannot be deposited into the account once it is opened. Compared to their saving deposits, ICICI Bank offers higher interest rates on fixed deposit schemes. • Senior citizens get an additional interest rate of 0.50% p.a. over regular rates • The minimum deposit to open an FD account in ICICI bank is Rs. 10,000. However, minors can open an account with Rs. 2000 • Nomination facility is offered by the bank • Loan facility of up to 90% of the deposit is available • Interest on deposit will be paid only on maturity • ICICI provides 6 types of FD schemes, viz. Fixed Deposit (regular plan), Fixed Deposit (without premature withdrawal facility), Tax-Saver FD, Fixed Deposit with Monthly Income option, Money Multiplier Plan, and FD Xtra with an extra suite of products • ...