ICICI Bank Cuts FD Interest Rate By 5 Bps From 6 April 2022 Check Here Latest Rates

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ICICI Bank FD Rates: There is important news for customers having an account in ICICI Bank. The bank has changed the interest rates of its fixed deposits today i.e. on Wednesday. The bank has cut the rates of FD (Bank FD interest rates) today. If you have also made a fixed deposit in this bank, then you will get the benefit of less interest from today. Now let’s check at what rate the bank is giving you interest-

5 basis point deduction
ICICI Bank has revised interest rates of ₹ 2 crore and less than 5 crore. The bank has cut 5 basis points. Let us tell you that before this many major banks like State Bank, HDFC Bank, Axis Bank, IndusInd Bank and Bank of Baroda have revised the interest rates.

New rates implemented from today
ICICI Bank’s fixed deposit rates will be the first cut in the financial year 2023. Let us tell you that the new rates have come into effect from 6 April 2022 i.e. today.

Check New Rates
The rates of FDs of more than 1 year have been cut by 5 basis points. ICICI Bank is offering an interest rate of 4.15 per cent on fixed deposits with tenures ranging from 1 year to 389 days and 390 days to less than 15 months from today. At the same time, earlier the bank was giving the benefit of interest at the rate of 4.20 percent to the customers.

Let’s check the latest FD rates of the bank-

Let us tell you that at present, customers are getting interest at the rate of 2.50 percent on FDs of 7 days to 29 days. Apart from this, interest of 2.75 percent is available on FDs of 30 days to 60 days. Interest is being given at the rate of 3 percent on FDs of 61 days to 90 days. Apart from this, interest is getting at the rate of 3.35 percent on FDs of 91 days to 184 days. Interest will be available at the rate of 3.60 percent on FDs of 185 days to 270 days. These rates will be applicable to both general and senior citizen categories.

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