Bank News: Customers benefited from this decision of ICICI Bank..
The country's second largest private sector bank ICICI has revised the interest on bulk FD. This time the bank has changed the interest on FD of certain periods ranging from Rs 2 crore to Rs 5 crore.
The bank is offering bulk fixed deposits ranging from 7 days to 10 years. The bank is offering interest ranging from 4.75 percent to 6.75 percent. The bank is offering a maximum interest of 7.25 percent on bulk FD (FD Rate Hike). These new rates have come into effect from May 13, 2024.
Interest rates on bulk FD..
7 days to 14 days: For the general public – 4.75 percent; For senior citizens – 4.75 percent
15 days to 29 days: For the general public – 4.75 percent; For senior citizens – 4.75 percent
30 days to 45 days: For the general public – 5.50 percent; For senior citizens – 5.50 percent
46 days to 60 days: For the general public – 5.75 percent; For senior citizens – 5.75 percent
61 days to 90 days: For the general public – 6 percent; For senior citizens – 6 percent
91 days to 120 days: For the general public – 6.50 percent; For senior citizens – 6.50 percent
121 days to 150 days: For the general public – 6.50 percent; For senior citizens – 6.50 percent
151 days to 184 days: For the general public – 6.50 percent; For senior citizens – 6.50 percent
185 days to 210 days: For the general public – 6.75 percent; For senior citizens – 6.75 percent
211 days to 270 days: For the general public – 6.75 percent; For senior citizens – 6.75 percent
271 days to 289 days: For the general public – 6.85 percent; For senior citizens – 6.85 percent
1 year to 389 days: For the general public – 7.30 percent; For senior citizens – 7.30 percent
390 days to less than 15 months: For the general public – 7.25 percent; For senior citizens – 7.25 percent
15 months to less than 18 months: For the general public – 7.05 percent; For senior citizens – 7.05 percent
2 years 1 day to 3 years: For the general public – 7 percent; For senior citizens – 7 percent
3 years 1 day to 5 years: For the general public – 7 percent; For senior citizens – 7 percent
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