ICICI Bank Ltd has revised downwards its term deposit interest rates by up to 0.25%, or 25 basis points with effect from Saturday, December 07, 2019. The new rates of interest shall be applicable to all fresh fixed deposits and renewals of maturing term deposits.
New Delhi (Delhi, India), January 16, 2020
The ICICI Bank Limited has decreased its term deposit interest rates for amount less than ₹2 crore for Domestic, NRE, and NRO Term Deposits by up to 0.25 percent, or 25 basis points with effect from Saturday, December 07, 2019.
The decision to decrease the fixed deposit interest rates was taken by the Asset and Liability Committee (ALCO) of ICICI Bank Limited.
The new rates of interest shall be applicable to all fresh fixed deposits and on renewals of maturing term deposits.
Last Revised On: December 07, 2019
7 Days to 14 Days FD Interest Rate: 4.00% Per Annum
15 Days to 29 Days FD Interest Rate: 4.25% Per Annum
30 Days to 45 Days FD Interest Rate: 4.75% Per Annum
46 Days to 60 Days FD Interest Rate: 5.25% Per Annum
61 Days to 90 Days FD Interest Rate: 5.25% Per Annum
91 Days to 120 Days FD Interest Rate: 5.25% Per Annum
121 Days to 184 Days FD Interest Rate: 5.25% Per Annum
185 Days to 289 Days FD Interest Rate: 5.75% Per Annum
290 Days to Less Than 1 Year FD Interest Rate: 6.00% Per Annum
1 Year to 389 Days FD Interest Rate: 6.20% Per Annum
390 Days to 2 Years FD Interest Rate: 6.30% Per Annum
2 Years 1 Day up to 10 Year FD Interest Rate: 6.40% Per Annum
7 Days to 14 Days FD Interest Rate: 4.50% Per Annum
15 Days to 29 Days FD Interest Rate: 4.75% Per Annum
30 Days to 45 Days FD Interest Rate: 5.25% Per Annum
46 Days to 60 Days FD Interest Rate: 5.75% Per Annum
61 Days to 90 Days FD Interest Rate: 5.75% Per Annum
91 Days to 120 Days FD Interest Rate: 5.75% Per Annum
121 Days to 184 Days FD Interest Rate: 5.75% Per Annum
185 Days to 289 Days FD Interest Rate: 6.25% Per Annum
290 Days to Less Than 1 Year FD Interest Rate: 6.50% Per Annum
1 Year to 389 Days FD Interest Rate: 6.70% Per Annum
390 Days to 2 Years FD Interest Rate: 6.80% Per Annum
2 Years 1 Day up to 10 Year FD Interest Rate: 6.90% Per Annum
1 Year to 389 Days FD Interest Rate: 6.20% Per Annum
390 Days to 2 Years FD Interest Rate: 6.30% Per Annum
2 Years 1 Day up to 10 Year FD Interest Rate: 6.40% Per Annum
7 Days to 14 Days FD Interest Rate: 4.00% Per Annum
15 Days to 29 Days FD Interest Rate: 4.25% Per Annum
30 Days to 45 Days FD Interest Rate: 4.75% Per Annum
46 Days to 60 Days FD Interest Rate: 5.25% Per Annum
61 Days to 90 Days FD Interest Rate: 5.25% Per Annum
91 Days to 120 Days FD Interest Rate: 5.25% Per Annum
121 Days to 184 Days FD Interest Rate: 5.25% Per Annum
185 Days to 289 Days FD Interest Rate: 5.75% Per Annum
290 Days to Less Than 1 Year FD Interest Rate: 6.00% Per Annum
1 Year to 389 Days FD Interest Rate: 6.20% Per Annum
390 Days to 2 Years FD Interest Rate: 6.30% Per Annum
2 Years 1 Day up to 10 Year FD Interest Rate: 6.40% Per Annum
Definition of a Senior Citizen: A senior citizen is defined as a person above the age of 60 years. The interest rates for the Senior Citizens are applicable only to the Resident Indians on Domestic Fixed Deposits. In case of the Joint Account Holders, where one of the account holder is a Senior Citizen, the Senior Citizen Term Deposit Interest Rate will only be applicable if the Senior Citizen is the ‘First Holder’ on the said term deposit.
ICICI Bank Staff: ICICI bank staff, including the retired staff, will get additional 1% rate of interest on domestic deposit below ₹2 crore.
Bulk Term Deposits: Please contact to the nearest ICICI Bank branch for interest rates on domestic bulk term deposits of ₹2 crore and above.
Non-Resident External (NRE) Term Deposits: The minimum tenure for Non-Resident External (NRE) term deposits is 1 year and no interest is payable for deposits prematurely withdrawn within the period of 1 year from the date of deposit.
ICICI Bank Bulk Term Deposits: For terms and conditions or any other details about ICICI Bank Fixed Deposit Interest Rates, please contact your nearest ICICI Bank branch.