ICICI Financial institution hikes mounted deposit (FD) charges twice in 6 days


ICICI Financial institution FD Charge: After elevating mounted deposit rates of interest simply six days again, non-public lender ICICI Financial institution has as soon as once more raised FD rates of interest for the quantity beneath 2 crores. The non-public financial institution has elevated the FD charges by 5 bps on choose tenors and the revised charges have turn into efficient from as we speak i.e. June 22, 2022.

In keeping with the official web site of ICICI Financial institution, the FD charges supplied by the financial institution at the moment are for tenors starting from 2.75 per cent to five.75 per cent. The non-public lender has elevated the FD rates of interest on mounted deposits from 185 to lower than one 12 months and for tenors from one 12 months to 2 years.

Change in ICICI FD rate of interest that you have to know

As per the ICICI Financial institution FD rates of interest efficient from as we speak, the FD charges supplied by the non-public lender on mounted deposits of lower than one 12 months from 185 days to 4.65 per cent as towards 4.60 per cent until yesterday. Equally, ICICI Financial institution is giving 5.35 per cent annual return on FDs with tenures starting from one 12 months to 2 years, which used to yield 5.30 per cent annual return until June 21, 2022. ICICI Financial institution FD rates of interest on different tenors have been left unchanged.

For 185 days to lower than one 12 months, ICICI Financial institution is providing mounted deposit choices with 4 tenors – 185 days to 210 days, 211 days to 270 days, 271 days to 289 days and 290 days to lower than 1 12 months . On all these tenors, ICICI Financial institution has elevated FD rates of interest by 5 bps as mounted deposits for these tenors used to fetch 4.60 per cent returns until yesterday.

Examine beneath the entire checklist of ICICI Financial institution FD rates of interest:

see full picture

Picture Courtesy ICICI Financial institution Web site

Equally, for one 12 months to 2 12 months mounted deposits, ICICI Financial institution is providing 4 tenors – 1 12 months to 389 days, 390 days to lower than 15 months, 15 months to lower than 18 months and 18 months to 2 months. 12 months. On all these tenors, the brand new ICICI Financial institution FD rate of interest supplied is 5.35 per cent, up from 5.30 per cent until June 21, 2022.

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