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DCB Bank & ICICI Bank Alters Interest Rates On These Deposits (W.e.f. January 17, 2022)

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The two major private-sector lenders DCB Bank and ICICI Bank have revised their interest rates on fixed deposits of above Rs. 2 Cr. The new rates are effective as of today, January 17th, 2022, according to the official websites of the respective banks. Domestic, NRO, and NRE deposits of more than Rs. 2 Cr maturing in 7 days to 10 years would be subject to the new rates.

 

DCB Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs 2 Cr to Rs 5 Cr

DCB Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs 2 Cr to Rs 5 Cr

With effect from 17th January 2022, the bank is promising the following interest rates on Domestic / NRO / NRE Bulk Deposits of Rs. 2 Cr. to less than Rs. 5 Cr.

TenureRegular Interest rate (%per annum)Non - Callable
7 days to 14 days3.00%-
15 days to 30 days3.25%-
31 days to 45 days3.50%-
46 days to 60 days3.75%-
61 days to 89 days3.80%4.00%
90 days to less than 6 months5.00%5.10%
6 months to less than 9 months5.25%5.35%
9 months to less than 12 months5.50%5.60%
12 months to less than 15 months6.00%6.05%
15 months to less than 18 months6.05%6.10%
18 months to less than 24 months6.10%6.15%
24 months6.10%6.15%
More than 24 months to 36 months5.50%5.60%
More than 36 months to 60 Months5.50%5.60%
More than 60 months to 120 Months5.50%5.60%
Source: Bank Website. W.e.f. 17th January 2022  
DCB Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs. 5 Cr. to less than Rs. 20 Cr
 

DCB Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs. 5 Cr. to less than Rs. 20 Cr

The bank is guaranteeing the following interest rates on Domestic / NRO / NRE Bulk Deposits of Rs. 5 Cr. to less than Rs. 20 Cr. with effect from January 17, 2022.

TenureRegular Interest rate (%per annum)Non - Callable
7 days to 14 days3.00%-
15 days to 30 days3.25%-
31 days to 45 days3.50%-
46 days to 60 days3.75%-
61 days to 89 days3.80%4.00%
90 days to less than 6 months5.00%5.10%
6 months to less than 9 months5.25%5.35%
9 months to less than 12 months5.50%5.60%
12 months to less than 15 months6.00%6.05%
15 months to less than 18 months6.05%6.10%
18 months to less than 24 months6.10%6.15%
24 months6.10%6.15%
More than 24 months to 36 months5.50%5.60%
More than 36 months to 60 months5.50%5.60%
More than 60 months to 120 Months5.50%5.60%
Source: Bank Website. W.e.f. 17th January 2022  
ICICI Bank Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs 2 Cr to Rs 5 Cr

ICICI Bank Bank Interest Rates On Domestic / NRO / NRE Bulk Deposits of Rs 2 Cr to Rs 5 Cr

With effect from January 17, 2022, ICICI Bank is providing the following interest rates on single domestic, NRO, and NRE deposits of Rs 2 Cr to Rs 5 Cr.

TenorGeneralSenior Citizen
7 days to 14 days2.50%2.50%
15 days to 29 days2.50%2.50%
30 days to 45 days2.75%2.75%
46 days to 60 days2.75%2.75%
61 days to 90 days3.00%3.00%
91 days to 120 days3.35%3.35%
121 days to 150 days3.35%3.35%
151 days to 184 days3.35%3.35%
185 days to 210 days3.60%3.60%
211 days to 270 days3.60%3.60%
271 days to 289 days3.70%3.70%
290 days to less than 1 year3.70%3.70%
1 year to 389 days4.05%4.05%
390 days to < 15 months4.05%4.05%
15 months to < 18 months4.10%4.10%
18 months to 2 years4.25%4.25%
2 years 1 day to 3 years4.50%4.50%
3 years 1 day to 5 years4.60%4.60%
5 years 1 day to 10 years4.60%4.60%
Source: Bank Website. W.e.f. 17th January 2022  

Story first published: Monday, January 17, 2022, 14:23 [IST]
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