ICICI Bank Modifies Interest Rates On These Fixed Deposits (W.e.f. January 10, 2022)

ICICI Bank, a private sector lender, has revised interest rates on fixed deposits of more than Rs. 2 crore to less than Rs. 5 crore. According to the bank's official website, the new rates will take effect from today January 10, 2022. This article briefly outlines the changed interest rates on domestic, NRO, and NRE deposits of more than Rs. 2 crore.

ICICI Bank Interest Rates On Fixed Deposits of Rs. 2 Cr & Above But Less Than Rs. 5 Cr

On single term deposits of Rs. 2 Cr and above but less than Rs. 5 Cr maturing in 7 days to 10 years, the bank is offering the following interest rates as of January 10, 2022.

Tenor	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	3.25%	3.25%
121 days to 150 days	3.25%	3.25%
151 days to 184 days	3.25%	3.25%
185 days to 210 days	3.50%	3.50%
211 days to 270 days	3.50%	3.50%
271 days to 289 days	3.65%	3.65%
290 days to less than 1 year	3.65%	3.65%
1 year to 389 days	4.05%	4.05%
390 days to < 15 months	4.05%	4.05%
15 months to < 18 months	4.10%	4.10%
18 months to 2 years	4.25%	4.25%
2 years 1 day to 3 years	4.50%	4.50%
3 years 1 day to 5 years	4.60%	4.60%
5 years 1 day to 10 years	4.60%	4.60%
Source: Bank Website. W.e.f. January 10, 2022

ICICI Bank Interest Rates On Premature Withdrawal Fixed Deposits

With effect from 10th January 2022, ICICI Bank is giving the following interest rates on domestic NRO & NRE deposits that can be withdrawn prematurely.

Tenor	Rs 5 Cr to 5.10 Cr	Rs 5.10 Cr to 24.90 Cr	Rs 24.90 Cr to Rs 25 Cr	Rs 25 Cr to 100 Cr	Rs 100 Cr to 250 Cr	Rs 250 Cr to 500 Cr	Rs 500 Cr and above
7 days to 14 days	2.5	2.5	2.5	2.5	2.5	2.5	2.5
15 days to 29 days	2.5	2.5	2.5	2.5	2.5	2.5	2.5
30 days to 45 days	2.5	2.75	2.5	2.75	2.75	2.75	2.75
46 days to 60 days	2.5	2.75	2.5	2.75	2.75	2.75	2.75
61 days to 90 days	2.6	3	2.6	3	3	3	3.3
91 days to 120 days	2.6	3.25	2.6	3.25	3.25	3.25	3.25
121 days to 150 days	2.6	3.25	2.6	3.25	3.25	3.25	3.25
151 days to 184 days	2.6	3.25	2.6	3.25	3.25	3.25	3.25
185 days to 210 days	2.75	3.5	2.75	3.5	3.5	3.5	3.5
211 days to 240 days	2.75	3.5	2.75	3.5	3.5	3.5	3.5
241 days to 270 days	2.75	3.5	2.75	3.5	3.5	3.5	3.5
271 days to 300 days	2.75	3.65	2.75	3.65	3.65	3.65	3.65
301 days to 330 days	2.75	3.65	2.75	3.65	3.65	3.65	3.65
331 days to < 1 year	2.75	3.65	2.75	3.65	3.65	3.65	3.65
1 year to 389 days	3	4.05	3	4.05	4.05	4.05	4.05
390 days to < 15 months	3	4.05	3	4.05	4.05	4.05	4.05
15 months to < 18 months	3	4.1	3	4.1	4.1	4.1	4.1
18 months to 2 years	3	4.25	3	4.25	4.25	4.25	4.25
2 years 1 day to 3 years	3	4.5	3	4.5	4.5	4.5	4.5
3 years 1 day to 5 years	3	4.6	3	4.6	4.6	4.6	4.6
5 years 1 day to 10 years	3	4.6	3	4.6	4.6	4.6	4.6
Source: Bank Website. W.e.f. January 10, 2022

ICICI Bank Interest Rates On Non-Withdrawable Fixed Deposits

With effect from January 10, 2022, ICICI Bank will offer the following interest rates on domestic NRO and NRE deposits that cannot be withdrawn prematurely.

Tenor	Rs 2 Cr to 5 Cr	Rs 5 Cr to 5.10 Cr	Rs 5.10 Cr to 24.90 Cr	Rs 24.90 to 25 Cr	R 25 Cr to 100 Cr	Rs 100 Cr to 250 Cr	Rs 250 Cr to 500 Cr	Rs 500 Cr and above
7 days to 14 days	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5
15 days to 29 days	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5
30 days to 45 days	2.75	2.75	2.75	2.75	2.75	2.75	2.75	2.75
46 days to 60 days	2.75	2.75	2.75	2.75	2.75	2.75	2.75	2.75
61 days to 90 days	3	3	3	3	3	3	3	3.3
91 days to 120 days	3.5	3.5	3.5	3.5	3.5	3.5	3.5	3.5
121 days to 150 days	3.6	3.6	3.6	3.6	3.6	3.6	3.6	3.6
151 days to 184 days	3.6	3.6	3.6	3.6	3.6	3.6	3.6	3.6
185 days to 210 days	3.85	3.85	3.85	3.85	3.85	3.85	3.85	3.85
211 days to 240 days	3.85	3.85	3.85	3.85	3.85	3.85	3.85	3.85
241 days to 270 days	3.85	3.85	3.85	3.85	3.85	3.85	3.85	3.85
271 days to 300 days	4.15	4.15	4.15	4.15	4.15	4.15	4.15	4.15
301 days to 330 days	4.15	4.15	4.15	4.15	4.15	4.15	4.15	4.15
331 days to < 1 year	4.15	4.15	4.15	4.15	4.15	4.15	4.15	4.15
1 year to 389 days	4.55	4.55	4.55	4.55	4.55	4.55	4.55	4.55
390 days to < 15 months	4.55	4.55	4.55	4.55	4.55	4.55	4.55	4.55
15 months to < 18 months	4.55	4.55	4.55	4.55	4.55	4.55	4.55	4.55
18 months to 2 years	4.55	4.55	4.55	4.55	4.55	4.55	4.55	4.55
2 years 1 day to 3 years	4.6	4.6	4.6	4.6	4.6	4.6	4.6	4.6
3 years 1 day to 5 years	4.7	4.7	4.7	4.7	4.7	4.7	4.7	4.7
5 years 1 day to 10 years	4.7	4.7	4.7	4.7	4.7	4.7	4.7	4.7
Source: Bank Website. W.e.f. January 10, 2022