New Delhi: Private sector lender ICICI Bank has revised the Fixed Deposit (FD) rates for Single deposit of Rs 2 Crores & above but less than Rs 5 Crores for general public and senior citizens. The ICICI Bank FD Rates are effective from 23 November 2023, the bank website said.
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Interest rates (per cent per annum) w.e.f. November 23, 2023, for Single deposit of Rs 2 Crores & above but less than Rs 5 Crores are as follows
| Interest rates (per cent per annum) w.e.f. November 23, 2023 | |
|---|---|
| Single deposit of ₹2 Crores & above but less than ₹5 Crores | |
| General Citizen Interest Rates | **Senior Citizen Interest Rates |
| 4.75% | 4.75% |
| 4.75% | 4.75% |
| 5.50% | 5.50% |
| 5.75% | 5.75% |
| 6.00% | 6.00% |
| 6.50% | 6.50% |
| 6.50% | 6.50% |
| 6.50% | 6.50% |
| 6.65% | 6.65% |
| 6.65% | 6.65% |
| 6.75% | 6.75% |
| 6.75% | 6.75% |
| 7.25% | 7.25% |
| 7.25% | 7.25% |
| 7.05% | 7.05% |
| 7.05% | 7.05% |
| 7.00% | 7.00% |
| 7.00% | 7.00% |
| 7.00% | 7.00% |
| NA | NA |
Several private and public sector banks have revised their Fixed Deposit interest rates in the last couple of days.
Private sector lender Yes Bank has revised the interest rates on its Fixed Deposits for For Deposits below Rs 2 Crore. The bank has increased the interest rate on FDs 1 year 1 day to < 18 months and 18 month < 24 months by 25 basis points.
Public sector lender Indian Overseas Bank (IOB) has revised the interest rates on its Fixed Deposits for For Deposits below Rs 2 Crore. While the bank has increased the interest rate on FDs from 1 Year to < 2 Years (Except 444 Days) by 30 basis points, it has slashed the interest rates on 444 Days FD by 15 basis points.
