ICICI Bank, a big bank in India, has decided to give more money to people who keep money in the bank for some time.
This is the third time in April that they are giving more money. Before this, they gave more money on April 1 and April 9, 2024.
They are giving more money to people who keep between 2 to 5 crore rupees in the bank for some time.
New rates applicable from today
ICICI Bank is giving more money to people who save a lot of money in the bank.
The bank is now offering more money to people who save between 2 to 5 crore rupees.
The interest rates range from 4.75 percent to 7.00 percent for regular people who save money for 7 days to 10 years.
The most money is given to people who save money for 1 year to 389 days. In this case, the bank is giving 7.25 percent money to everyone, including older people.
Know about the interest rates of ICICI Bank’s FD scheme
ICICI Bank is giving different amounts of money to people who save money for different times.
They give 4.75 percent money to people who save for 7 to 29 days. For 30 to 45 days, they give the same amount.
But for 46 to 60 days, they give more—5.75 percent. For 61 to 90 days, it’s 6.00 percent.
For 91 to 184 days, it’s 6.50 percent. And for 185 to 270 days, it’s 6.75 percent. After that, they give 6.85 percent for 290 days to 1 year.
And if you save for 1 year to 389 days, they give the most—7.25 percent. For 390 days to 15 months, it’s the same.
After that, it’s a little less—7.05 percent for 15 months to 18 months. Finally, for 2 years to 10 years, they give 7 percent.
This bank also increased the interest rate
Besides ICICI Bank, a government bank called Indian Bank has also raised the amount of money it gives to people who save less than Rs 2 crore by 50 basis points.
This change started on 15 April 2024. Now, the bank gives different amounts of money, from 4 percent to 6.50 percent, to people who save money for 7 days to 3 years or more.
