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FD Rate: 7.80% return is being given on 15 month FD, this private bank changed the interest rates

New interest rates for fixed deposits have come into effect from Saturday. The bank is offering extra interest to senior citizens.

Bank FD Rates: ICICI Bank has changed the interest rates of fixed deposits as soon as the month of November started. The new interest rates for FDs of less than Rs 3 crore have become effective from Saturday, November 2.

The bank is offering 0.50% extra interest to senior citizens as compared to general citizens. General citizens are getting 3% to 7.25% return on tenures of 7 days to 10 years. At the same time, senior citizens are getting 3.50% to 7.80% interest on the same tenure.

Highest interest is being given on FDs of this number of days 

The bank is offering the highest interest on tenures of 15 months to less than 18 months. At the same time, general citizens are getting 7.25% interest on tenures of 18 months to 2 years. But the interest rate for senior citizens is only 7.75%. Good interest is also being given on 5-year tax saver FD. The interest rate is 7% for general citizens and 7.50% for senior citizens.

Interest rates as per tenure (Fixed Deposit)

7 days to 29 days – 3%
30 to 45 days – 3.50%
46 to 60 days – 4.25%
61 to 90 days – 4.50%
91 to 184 days – 4.75%
185 to 270 days – 5.75%
271 days to less than 1 year – 6%
1 year to less than 15 months – 6.70%
15 months to less than 18 months – 7.25%
18 months to 2 years – 7.25%
2 years 1 day to 5 years – 7%
7% 5 years 1 day to 10 years – 6.90%
5 years tax saver FD – 7%

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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