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ICICI Bank hikes FD interest rates; Check latest fixed deposit rates

ICICI Bank hikes FD interest rates; Check latest fixed deposit rates

Zee News
Tuesday, June 07, 2022 05:33:42 PM UTC

The current ICICI Bank FD interest rates apply to deposits of more than Rs 2 crore and less than Rs 5 crore. 

New Delhi: ICICI Bank, India's second largest private bank, has raised the interest rates on its fixed deposits, or FDs, yet again. The ICICI FD Interest Rate has been raised as of Tuesday, June 7. The new ICICI Bank FD interest rate comes as the Reserve Bank of India holds its bi-monthly Monetary Policy Committee meeting, where it is expected to raise repo rates even higher to combat growing inflation.

The current ICICI Bank FD interest rates apply to deposits of more than Rs 2 crore and less than Rs 5 crore. The ICICI Bank FD interest rates for domestic, NRO, and NRE deposits have been increased, according to the bank's website. The senior citizen rates are only available on domestic FDs, according to the bank. Read More: Loan borrowers alert! Be prepared to pay more EMI as HDFC Bank hikes lending rates

Check the revised interest rates on fixed deposits above Rs 2 crore up to Rs 5 crore at ICICI Bank from June 7, 2022: Read More: WWDC 2022: iOS 16 announced at Apple event; Check new features

7 days to 14 days: For General Public - 3.00 per cent; For Senior Citizens - 3.00 per cent

15 days to 29 days: For General Public - 3.00 per cent; For Senior Citizens - 3.00 per cent

Read full story on Zee News
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