ICICI Bank has increased its interest rates tremendously while giving New Year gifts to its customers.
According to the ICICI Bank website, the Bank hikes fixed deposit interest rates by 150 bps on select maturities.
Let us understand the current slab of ICICI Bank's Latest FD Rates in 2024.
By increasing the interest rates on the 389-day special FD scheme, it has been increased from 6.7% to 7.25%.
On FD schemes of 61 days to 90 days, the bank is now getting the benefit of a 6% interest rate instead of 4.50%.
On FD schemes of 91 days to 184 days, the benefit of interest rate is 6.50% instead of 4.75%
On FDs of 185 days to 270 days, interest rates ranging from 5.75% to 6.75% are available.
Interest rates ranging from 6.70% to 7.25% are available on FDs of 390 days to 15 months.
FD for 5 to 10 years is now getting the benefit of a 7% interest rate instead of 6.90%.
The revised rates are for FDs less than ₹2 crore which are effective from January 3, 2024.
Click on Learn More to see the complete list of ICICI Fixed Deposit Interest Rates 2024 for all tenors...