The country’s well-known private bank ICICI has once again given great news to its customers.Â
Yes, ICICI Bank has once again increased the interest rates offered on fixed deposits . The bank has increased the interest rates available on FDs of different tenors by 5 to 10 basis points.
However, the benefit of the increased interest rates will be available only to those customers who will make an FD of Rs 2 crore to 5 crore.
It simply means to say that the bank has increased the interest rates only on FDs of Rs 2 to 5 crores. The bank has also implemented the new FD interest rates from April 29, 2022.
ICICI Bank has increased interest rates several times
Let us tell you that this private sector bank is giving great opportunities to its customers to earn more profits. In this connection, the bank has increased the interest rates of FD several times this month.
Earlier, the bank had increased interest rates on 14 April and 21 April also. This time too, ICICI Bank has increased the interest rates of FD by 0.05 to 0.10 percent. Let us now know in detail about the new interest rates of the bank.
0.05 percent interest increased on these FDs
ICICI Bank is now giving 4.35 percent interest to its customers on FDs of 1 year to 389 days, which was 4.30 percent earlier. FDs from 390 days to 15 months will also now get 4.35 percent interest, this was also 4.30 percent earlier.
Apart from this, interest of 4.45 percent will now be available on FD from 15 months to 18 months, which was 4.40 percent earlier. The bank has increased the interest rates of all these FDs by 5 basis points i.e. 0.05 percent.
Now you will get 0.10 percent more profit on these FDs
The interest rates on FDs with a tenure of 18 months to 2 years have been increased from 4.50 percent to 4.60 percent. Whereas the interest rates offered on FDs of 2 years 1 day to 3 years have been increased from 4.60 percent to 4.70 percent.
Apart from this, interest of 4.7 percent was available on FDs maturing in 3 years 1 day to 5 years and 5 years 1 day to 10 years, now it has been increased to 4.80 percent.
The bank has increased the interest rates of all these FDs by 10 basis points i.e. 0.10 percent. Apart from this, the bank has not made any change in the interest rates on FDs with the remaining tenure.
