ICICI Bank, India’s second-largest private sector bank, has revised its Fixed Deposit (FD) interest rates.
These updated rates apply to FDs of up to Rs 3 crore and are effective from February 5, 2025. Senior citizens can enjoy a maximum interest rate of 7.80%.
For senior citizens, the bank offers a maximum interest rate of 7.80%. (Note: The FD rates are sourced from the bank’s website.)
ICICI Bank FD Rates for Different Tenures
Here is a breakdown of the new interest rates for both the general public and senior citizens:
30 to 45 days
General Public: 3.50%
Senior Citizens: 4.00%
46 to 60 days
General Public: 4.25%
Senior Citizens: 4.75%
61 to 90 days
General Public: 4.50%
Senior Citizens: 5.00%
91 to 184 days
General Public: 4.75%
Senior Citizens: 5.25%
185 to 270 days
General Public: 5.75%
Senior Citizens: 6.25%
271 days to less than 1 year
General Public: 6.00%
Senior Citizens: 6.50%
Less than 1 year to 15 months
General Public: 6.70%
Senior Citizens: 7.20%
15 months to less than 18 months
General Public: 7.25%
Senior Citizens: 7.80% (Highest Interest Rate)
18 months to 2 years
General Public: 7.25%
Senior Citizens: 7.75%
2 years 1 day to 5 years
General Public: 7.00%
Senior Citizens: 7.50%
5 years 1 day to 10 years
General Public: 6.90%
Senior Citizens: 7.40%
5-year Tax Saving FD
General Public: 7.00%
Senior Citizens: 7.50%
Government’s Change in TDS Rules on House Rent
In addition, the government has made changes to the TDS rules on house rent. This could benefit you, so it’s worth looking into the new regulations.
