ICICI Bank Bulk FD Rates
The bank is giving an interest rate of 4.50% on deposits that mature in the next 7 to 29 days, and ICICI Bank is paying an interest rate of 5.25% on deposits that mature in the next 30 to 45 days. On deposits maturing in 46 days to 60 days, ICICI Bank pays an interest rate of 5.50%, and on deposits maturing in 61 days to 90 days, the bank now pays an interest rate of 5.75%. Deposits maturing between 91 and 184 days will earn 6.25% interest, while deposits maturing between 185 and 270 days will earn 6.50% interest.
The bank is giving an interest rate of 6.65% on deposits maturing in 271 days to less than a year, and ICICI Bank is offering an interest rate of 7.10% on deposits maturing in a year and up to 15 months. On deposits maturing in 15 months to 2 years, ICICI Bank is giving an interest rate of 7.15%, while on deposits maturing in 2 years, 1 day to 3 years, the bank is paying an interest rate of 7.00%. A 6.75% interest rate will be charged on deposits that mature in 3 years, 1 day to 10 years.
Interest rates offered by ICICI Bank on fixed deposits under ₹2 Cr are effective as of December 16, 2022. The general public will get a maximum interest rate of 7% on these deposits that mature in 15 months to 5 years, while senior citizens will receive a maximum return of 7.50% on deposits that mature in 15 months to 10 years. Considering that India's annual retail price inflation slowed to 5.88% in November 2022 from 6.77% in October, an ICICI Bank FD is one of the safest FDs, rated "AAA," and also outperforming inflation in terms of returns.
