ICICI Bank has adjusted interest rates on fixed deposits of more than Rs 2 crore to Rs 5 crore. According to the bank's official website, the interest rates are effective as of today, April 22, 2022, and the bank offer the same interest rates to normal and senior people on single deposits of Rs 2 Cr to Rs 5 Cr maturing in 7 days to 10 years.

Deposits maturing in 7 to 14 days will now generate 2.50 per cent interest, while deposits maturing in 15 to 29 days will also make 2.50 per cent interest as a result of the modification. Deposits maturing in 30 days to 45 days and 46 days to 60 days, on the other hand, will pay 2.75 per cent interest. ICICI Bank currently provides a 3% interest rate on term deposits with maturities ranging from 61 to 90 days. The bank provides an interest rate of 3.35 per cent on deposits maturing from 91 days to 120 days, 121 days to 150 days, and 151 days to 184 days.
Fixed deposits maturing from 185 days to 210 days and 211 days to 270 days will now return 3.60 per cent, while term deposits maturing between 271 days to 289 days and 290 days to less than a year will return 3.80 per cent. The bank currently pays 4.30 per cent interest on fixed deposits maturing in 1 year to 389 days and 390 days to less than 15 months, and 4.40 per cent interest on deposits maturing in 15 months to less than 18 months. ICICI Bank now offers interest rates of 4.50 per cent and 4.60 per cent on term deposits maturing in 18 months to 2 years and 2 years 1 day to 3 years, respectively, whereas the bank promises an interest rate of 4.70 per cent on deposits maturing in 3 years 1 day to 5 years and 5 years 1 day to 10 years.
| Tenure | General | Senior Citizen |
|---|---|---|
| 7 days to 14 days | 2.50% | 2.50% |
| 15 days to 29 days | 2.50% | 2.50% |
| 30 days to 45 days | 2.75% | 2.75% |
| 46 days to 60 days | 2.75% | 2.75% |
| 61 days to 90 days | 3.00% | 3.00% |
| 91 days to 120 days | 3.35% | 3.35% |
| 121 days to 150 days | 3.35% | 3.35% |
| 151 days to 184 days | 3.35% | 3.35% |
| 185 days to 210 days | 3.60% | 3.60% |
| 211 days to 270 days | 3.60% | 3.60% |
| 271 days to 289 days | 3.80% | 3.80% |
| 290 days to less than 1 year | 3.80% | 3.80% |
| 1 year to 389 days | 4.30% | 4.30% |
| 390 days to less than 15 months | 4.30% | 4.30% |
| 15 months to less than 18 months | 4.40% | 4.40% |
| 18 months to 2 years | 4.50% | 4.50% |
| 2 years 1 day to 3 years | 4.60% | 4.60% |
| 3 years 1 day to 5 years | 4.70% | 4.70% |
| 5 years 1 day to 10 years | 4.70% | 4.70% |
| Interest rates (per cent per annum) w.e.f. April 22, 2022. Source: icicibank.com |
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