ICICI Bank raised fixed deposit (FD) interest rates on retail deposits of less than ₹2 crore. After the latest hike, the bank now offers interest rates ranging from 3.5% to 7.10% on fixed deposits maturing between 7 days and 10 years for general customers. The new FD rates are effective from 24 February 2023, according to the bank’s portal.
On fixed deposits maturing between 7 days and 29 days, ICICI Bank offers 3% interest rate, 3.50% interest on term deposits maturing between 30 days and 45 days. On deposits maturing between one year and less than 15 months, ICICI Bank will now offer a 6.70% interest rate, 7.10% on FDs maturing between 15 months and less than 2 years, 7% for deposits maturing between two years and a day and 5 years. FDs maturing between five years and one day and 10 years will earn an interest rate of 6.9%.
ICICI Bank fixed deposits latest interest rates effective 24 February
7 days to 14 days 3.00%
15 days to 29 days 3.00%
30 days to 45 days 3.50%
46 days to 60 days 4.25%
61 days to 90 days 4.50%
91 days to 120 days 4.75%
121 days to 150 days 4.75%
151 days to 184 days 4.75%
185 days to 210 days 5.75%
211 days to 270 days 5.75%
271 days to 289 days 6.00%
290 days to less than 1 year 6.00%
1 year to 389 days 6.70%
390 days to < 15 months 6.70%
15 months to < 18 months 7.10%
18 months to 2 years 7.10%
2 years 1 day to 3 years 7.00%
3 years 1 day to 5 years 7.00%
5 years 1 day to 10 years 6.90%
5 Years (80C FD) – Max to `1.50 lac 7.00%
HDFC Bank fixed deposits latest interest rates effective 21 February
HDFC Bank has hiked interest rates of its fixed deposits (FDs) of less than ₹2 crore on select tenures. After the latest hike, for tenures between 7 days and 10 years. HDFC Bank offers an interest rates ranging from 3% to 7.10% for the general public and 3.50% to 7.60%. for senior citizens HDFC Bank’s new interest rates on term deposits are effective from February 21, 2023.
7 – 14 days 3.00%
15 – 29 days 3.00%
30 – 45 days 3.50%
46 – 60 days 4.50%
61 – 89 days 4.50%
90 days < = 6 months 4.50%
6 mnths 1 days <= 9 mnths 5.75%
9 mnths 1 day to < 1 year 6.00%
1 year to < 15 months 6.60%
15 months to < 18 months 7.10%
18 months to < 21 months 7.00%
21 months – 2 years 7.00%
2 years 1 day – 3 years 7.00%
3 year 1 day to – 5 years 7.00%
5 year 1 day – 10 years 7.00%
SBI fixed deposits latest interest rates effective 15 February
SBI FDs between 7 days to 10 years will give 3% to 7.1% to general customers. Senior citizens will get 50 basis points (bps) extra on these deposits. These rates are effective from 15 February 2023.
7 days to 45 days – 3%
46 days to 179 days – 4.5%
180 days to 210 days – 5.25%
211 days to less than 1 year – 5.75%
1 year to less than 2 years – 6.8%
400 Days (AMRIT KALASH)-7.10%
2 years to less than 3 years – 7.00%
3 years to less than 5 years – 6.5%
5 years and up to 10 years – 6.5%
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