FD Interest Rates Increased : ICICI Bank increased the interest on FD, the Customers were happy, now the profit will be this much

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ICICI Bank FD These days one after the other banks are increasing the interest on FD. If you have also invested in FD, then you can make huge profits. Let us know now how much more interest you will get than before.

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ICICI Bank FD: Private sector bank ICICI has announced to increase interest rates on fixed deposits while giving gifts to its customers in the new year. Now customers will get more profit than before by making fixed deposits. The bank has increased the interest rate on bulk FDs. Now fixed deposits ranging from Rs 2 crore to Rs 5 crore will get higher interest than before.

The new rates have been uploaded on the official website of ICICI Bank. The notification states that it is effective from January 2, 2023. After the change in interest rates, interest ranging from 4.5 percent to 6.75 percent will be available on fixed deposits maturing in 7 days to 10 years.

What are the new rates

ICICI Bank will pay 7.5 percent interest on fixed deposits for a period between 15 months to 2 years. Apart from this, interest will be given at the rate of 4.5 percent on wholesale FDs maturing in 7 days to 29 days and 5.25 percent on FDs maturing in 30 days to 45 days. The bank is offering 5.5 per cent interest for FDs of 46 to 60 days, while interest will be given at the rate of 5.75% for FDs of 61 days to 90 days duration.

FDs maturing in 91 to 184 days will get 6.25% interest, while FDs maturing in 185 to 270 days will get 6.30% interest.

Highest interest will be available on these schemes

On behalf of ICICI Bank, it has been said that interest will be given at the rate of 6.65 percent on fixed deposits of 271 days to less than 1 year, while 7.10 percent on deposits of 1 year to 1 year and 3 months. Will be able to take advantage of interest. Apart from this, ICICI Bank will pay interest at the rate of 7.15 percent on FDs ranging from 15 months to 24 months. Interest will be given at the rate of 7 percent on deposits ranging from 2 years 1 day to 3 years and 6.5 percent on FDs maturing between 3 years and 10 years.

These rates also changed

ICICI Bank has been offering 7:30 percent interest on FB to senior citizens above the age of Rs. Let us tell you that the interest given to senior citizens is higher than the interest given to the general public. This is because banks and the government keep interest rates high to encourage contributions from senior citizens.

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