ICICI Bank pays up to 7.15% return on bulk FD, new rates are in force from today

One of the leading private sector lenders ICICI Bank has revised its interest rates on bulk fixed deposits of ₹2 Cr to ₹5 Cr. 

According to the bank's official website, the new rates are in effect as of today, January 7, 2023.

In accordance with the revised, ICICI Bank is now providing interest rates on deposit tenors ranging from 7 days to 10 years that range from 4.50% to 6.75%.

The maximum interest rate for deposits that mature in 15 months to 2 years is now 7.15%.

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.