ICICI Bank is the largest bank in private sector in India. It provides its retail and corporate customers with all the financial and banking services. It's headquarter is located in Gujarat. Its subsidiaries can be found in many other countries. The rates offered on FDs by the bank are very competitive. Rate cuts on the selected high value maturities are announced recently by the bank. Two types of investment plans are offered for FDs by the bank. These are -Reinvestment Plan and Traditional Plan.
At loanbaba.com, we will share updated information about best fixed deposit rates, FD India schemes of the bank and ICICI Bank FD rates over all tenures for fixed deposit and term deposit. You will also come to know about popular FD rates, India by the bank for 2017 and FD interest rates that are the highest.
The short duration deposit schemes offered by the bank prove to be very good investment. The rates of interest on short term FDS are very lucrative.
The annual interest rates for different durations are as follows:
One month to 45 days : 5.50%
46 days to 3 months : 6.25%
121 to 289 days : 6.75%
290 days to below one year : 7%
The rates offered for medium and long duration are comparatively high.
Different annual rates for different durations are given below:
One year to 389 days : 7.25%
390 days to ten years : 7.25%
Tax Saver Fixed Deposit scheme having duration of 5 years : 7.25 %
Here is given the updated rates of Fixed Deposits Schemes for regular & senior citizens:
|Time Duration||Regular Rates of Interest on FDs||Rates of Interest on FDs for Senior Citizens|
|1 to 2 weeks||4%||4.50%|
|15 to 29 days||4.25%||4.75%|
|1 month to 45 days||5.50%||6%|
|46 days to 2 months||5.75%||6.25%|
|More than 2 months up to 3 months||6.25%||6.75%|
|More than 3 month up to 4 months||6.25%||6.75%|
|More than 4 months up to 184 days||6.25%||6.75%|
|185 to 289 days||6.25%||6.75%|
|290 days to below one year||6.50%||7%|
|One year to 389 days||6.90%||7.40%|
|390 days to two years||6.90%||7.40%|
|More than 2 years to 5 years||6.75%||7.25%|
|More than 5 years to 10 years||6.50%||7%|
|Tax saver Scheme for five years(Maximum deposit is up to 1.5 lakhs INR)||6.75%||7.25%|