2023 2024 Student Forum > Management Forum > Main Forum

 
  #2  
12th May 2016, 02:30 PM
Super Moderator
 
Join Date: May 2012
Re: ICICI back

ICICI Bank is an Indian multinational banking and financial services company headquartered in Mumbai, Maharashtra, India, with its registered office in Vadodara.

Interest Rates on Fixed Deposit

Tenure Period Rate of Interest (% p.a.)
General Senior Citizen*
7 days to 14 days 4 4.5
15 days to 29 days 4.25 4.75
30 days to 45 days 5.5 6
46 days to 60 days 6.5 7
61 days to 90 days 6.75 7.25
91 days to 184 days 7 7.5
185 days to 289 days 7.25 7.75
290 days to less than 1 year 7.4 7.9
1 year to 389 days 7.4 7.9
390 days to 5 years 7.5 8
5 years 1 day upto 10 years 7.25 7.75
5 Years Tax saver FD
(Max upto Rs. 1.50 lac) 7.5 8

Some Important Information :

Minimum tenure for Domestic & NRO term deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.

Minimum tenure for NRE term deposits is 1 year and no interest is payable for deposits prematurely withdrawn within the period of 1 year from the date of deposit.

These revised interest rates will be applicable for new deposits and renewal of existing term deposits.

*Senior Citizen rates applicable only for domestic term deposit.

#The maximum aggregate amount that can be invested in the Tax Saver FD (80C FD) under a single PAN is ₹150,000 and the same cannot be closed prematurely before expiry of the lock-in period of 5 years.


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