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ICICI Bank Revises Interest Rates On FD: Check Latest Rates Here
ICICI Bank, one of the leading private sector banks of India has revised its interest rates on Domestic, Non-Resident Ordinary (NRO), and Non-Resident External Account (NRE) deposits. According to the bank's official website, adjusted interest rates on domestic deposits of less than Rs 2 crore are in force from November 16, 2021, while applicable interest rates on NRO and NRE deposits are in effect from November 29, 2021.
ICICI Bank FD Rates
With effect from 16th November 2021, ICICI Bank has revised its interest rates on domestic term deposits of less than Rs 2 Cr maturing in 7 days to 10 years. Following the most recent revision, the general public will now get the following interest rates on their fixed deposits.
| Tenure | Interest rates (p.a.) for deposits of less than Rs 2 Cr. | Interest rates (p.a.) for deposits of Rs. 2 Cr and above less than Rs. 5 Cr |
|---|---|---|
| 7 days to 14 days | 2.50% | 2.75% |
| 15 days to 29 days | 2.50% | 2.75% |
| 30 days to 45 days | 3.00% | 3.00% |
| 46 days to 60 days | 3.00% | 3.00% |
| 61 days to 90 days | 3.00% | 3.15% |
| 91 days to 120 days | 3.50% | 3.15% |
| 121 days to 150 days | 3.50% | 3.15% |
| 151 days to 184 days | 3.50% | 3.15% |
| 185 days to 210 days | 4.40% | 3.65% |
| 211 days to 270 days | 4.40% | 3.65% |
| 271 days to 289 days | 4.40% | 3.90% |
| 290 days to less than 1 year | 4.40% | 3.90% |
| 1 year to 389 days | 4.90% | 4.05% |
| 390 days to < 15 months | 4.90% | 4.05% |
| 15 months to < 18 months | 4.90% | 4.15% |
| 18 months to 2 years | 5.00% | 4.25% |
| 2 years 1 day to 3 years | 5.15% | 4.50% |
| 3 years 1 day to 5 years | 5.35% | 4.70% |
| 5 years 1 day to 10 years | 5.50% | 4.70% |
| 5 Years (80C FD) | 5.35% | NA |
| Source: Bank Website. | W.e.f. November 16, 2021 | W.e.f. November 29, 2021 |
ICICI Bank FD Rates For Senior Citizens
Senior citizens will continue to get an additional rate of 0.50% over and above the card rate applicable to the general public across all tenors. On the other hand, ICICI Bank also offers a special fixed deposit scheme to senior citizens named ICICI Bank Golden Years FD. Under this scheme, senior citizens would get an additional interest rate of 0.30% per annum on their deposits maturing in 5 years and up to 10 years.
The effective interest rate under the scheme would be an additional 0.30 percent per annum over and above the prevailing additional rate of 0.50 percent per annum on single deposits of less than Rs. 2 crores made by a resident Indian senior citizen for a limited time till 8th April 2022. Here are the latest interest rates on fixed deposits of ICICI Bank for senior citizens.
| Tenure | Interest rates (p.a.) for deposits of less than Rs 2 Cr. | Interest rates (p.a.) for deposits of Rs. 2 Cr and above less than Rs. 5 Cr |
|---|---|---|
| 7 days to 14 days | 3.00% | 2.75% |
| 15 days to 29 days | 3.00% | 2.75% |
| 30 days to 45 days | 3.50% | 3.00% |
| 46 days to 60 days | 3.50% | 3.00% |
| 61 days to 90 days | 3.50% | 3.15% |
| 91 days to 120 days | 4.00% | 3.15% |
| 121 days to 150 days | 4.00% | 3.15% |
| 151 days to 184 days | 4.00% | 3.15% |
| 185 days to 210 days | 4.90% | 3.65% |
| 211 days to 270 days | 4.90% | 3.65% |
| 271 days to 289 days | 4.90% | 3.90% |
| 290 days to less than 1 year | 4.90% | 3.90% |
| 1 year to 389 days | 5.40% | 4.05% |
| 390 days to < 15 months | 5.40% | 4.05% |
| 15 months to < 18 months | 5.40% | 4.15% |
| 18 months to 2 years | 5.50% | 4.25% |
| 2 years 1 day to 3 years | 5.65% | 4.50% |
| 3 years 1 day to 5 years | 5.85% | 4.70% |
| 5 years 1 day to 10 years | 6.30% | 4.70% |
| 5 Years (80C FD) | 5.85% | NA |
| Source: Bank Website. | W.e.f. November 16, 2021 | W.e.f. November 29, 2021 |
ICICI Bank has also updated its interest rates on domestic, NRO, and NRE deposits of Rs 5 crore and above with a premature withdrawal facility, which entered into force on November 29, 2021.
| Tenure | Rs 5 Cr to < Rs 5.10 Cr | Rs 5.10 Cr to < Rs 24.90 Cr | Rs 24.90 Cr to < Rs 25 Cr | Rs 25 Cr to < Rs 100 Cr | Rs 100 Cr to < Rs 250 Cr | Rs 250 Cr to < Rs 500 Cr | More than Rs 500 Cr |
|---|---|---|---|---|---|---|---|
| 7 days to 14 days | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 |
| 15 days to 29 days | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 | 2.75 |
| 30 days to 45 days | 2.75 | 3 | 2.75 | 3 | 3 | 3 | 3 |
| 46 days to 60 days | 2.75 | 3 | 2.75 | 3 | 3 | 3 | 3 |
| 61 days to 90 days | 2.85 | 3.15 | 2.85 | 3.15 | 3.15 | 3.15 | 3.15 |
| 91 days to 120 days | 2.85 | 3.15 | 2.85 | 3.15 | 3.15 | 3.15 | 3.15 |
| 121 days to 150 days | 2.85 | 3.15 | 2.85 | 3.15 | 3.15 | 3.15 | 3.15 |
| 151 days to 184 days | 2.85 | 3.15 | 2.85 | 3.15 | 3.15 | 3.15 | 3.15 |
| 185 days to 210 days | 3 | 3.65 | 3 | 3.65 | 3.65 | 3.65 | 3.65 |
| 211 days to 240 days | 3 | 3.65 | 3 | 3.65 | 3.65 | 3.65 | 3.65 |
| 241 days to 270 days | 3 | 3.65 | 3 | 3.65 | 3.65 | 3.65 | 3.65 |
| 271 days to 300 days | 3 | 3.9 | 3 | 3.9 | 3.9 | 3.9 | 3.9 |
| 301 days to 330 days | 3 | 3.9 | 3 | 3.9 | 3.9 | 3.9 | 3.9 |
| 331 days to < 1 year | 3 | 3.9 | 3 | 3.9 | 3.9 | 3.9 | 3.9 |
| 1 year to 389 days | 3.25 | 4.05 | 3.25 | 4.05 | 4.05 | 4.05 | 4.05 |
| 390 days to < 15 months | 3.25 | 4.05 | 3.25 | 4.05 | 4.05 | 4.05 | 4.05 |
| 15 months to < 18 months | 3.25 | 4.15 | 3.25 | 4.15 | 4.15 | 4.15 | 4.15 |
| 18 months to 2 years | 3.25 | 4.25 | 3.25 | 4.25 | 4.25 | 4.25 | 4.25 |
| 2 years 1 day to 3 years | 3.25 | 4.5 | 3.25 | 4.5 | 4.5 | 4.5 | 4.5 |
| 3 years 1 day to 5 years | 3.25 | 4.7 | 3.25 | 4.7 | 4.7 | 4.7 | 4.7 |
| 5 years 1 day to 10 years | 3.25 | 4.7 | 3.25 | 4.7 | 4.7 | 4.7 | 4.7 |
| Rate of Interest (% p.a.) w.e.f November 29, 2021 |
