Interest rates on bulk fixed deposits above Rs 2 crore at ICICI Bank have been revised on various tenures. The highest FD rate is 4.6% given on deposits from above Rs 2 crore to less than Rs 5 crore on tenures between 3 years to 10 years. ICICI Bank revises interest rates: Check latest rates here.
A 4.50% interest rate applies on tenure from above 2 years to less than 3 years. While 4.2% rate is given on 15 months to less than 18 months tenure, whereas, 4.3% rate is implied on above 18 months to less than 2 years tenure.
4.15% rate is given on FDs made for tenures between 1 year to 15 months. Below 1 year, interest rates on FDs range from 2.5% to 3.7%. The above-mentioned rates are similar in both general and senior citizens categories. The latest rates have come into effect from March 10, 2022.
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Apart from this, ICICI Bank has also revised on FDs above the value of Rs 5 crore. These rates apply to domestic customers, NRO and NRE. However, rates below deposits of Rs 2 crore remain unchanged. Notably, ICICI Bank revised its rates during the time its rival SBI increased its interest rates on bulk fixed deposits above Rs 2 crore by 20-40 basis points.
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