ICICI Bank Hikes Fixed Deposit (FD) Interest Rates

INSUBCONTINENT EXCLUSIVE:
ICICI Bank revised FD interest rates for both general and senior citizens.Private sector lender ICICI Bank hiked its fixed deposit or FD
interest rates across select maturities and amounts with effect from today
ICICI Bank revised FD interest rates for both general and senior citizens
ICICI Bank joined peers State Bank of India, HDFC Bank, Punjab National Bank and Canara Bank, which revised their FD interest rates recently
The latest round of hikes from major banks have come after the Reserve Bank of India hiked its key lending rate this month
SBI was an exception as it raised its fixed deposit interest rates ahead of the repo rate hike.ICICI Bank fixed deposit or FD Interest rates
2018GeneralSenior Citizen*7 days to 14 days44.515 days to 29 days4.254.7530 days to 45 days5.5646 days to 60 days5.756.2561 days to 90
days66.591 days to 120 days66.5121 days to 184 days66.5185 days to 289 days6.57290 days to less than 1 year6.757.251 year to 389
days6.757.25390 days to 2 years77.52 years 1 day upto 5 years7.257.755 years 1 day upto 10 years77.55 Years Tax saver FD(Max upto Rs
1.50 lac)7.257.75ICICI Bank raised FD interest rates between 15 basis points and 25 basis points across select maturities
This means that ICICI Bank hiked FD interest rates between 0.15 per cent and 0.25 per cent
One basis point is equal to 0.01 per cent
(: Previous ICICI Bank FD Interest Rates)ICICI Bank staff (including retired staff) will get additional 1 per cent interest rate on domestic
fixed deposit below Rs 1 crore, the bank said.