ICICI Bank cuts FD interest rate by up to 20 bps: Senior citizens can earn 7.35% on these tenures The reduction is up to 20 bps for specific tenures on deposits below Rs 3 crore. The revised rates are effective from May 26, 2025
ICICI Bank has slashed its fixed deposit (FD) account interest rates by up to 20 basis points (bps) on select tenures for amounts less than Rs 3 crore. The rates are applicable from May 26, 2025.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} After the revision, the bank offers FD interest rate between 3% and 7.05% for general citizens, and for senior citizens, the bank now offers interest rates between 3.5% to 7.55%.
Earlier, the bank offered FD interest rate between 3% and 7.05% for general citizens, and for senior citizens, the bank offered interest rates between 3.5% to 7.55%.
HDFC Bank cuts FD interest rate by up to 20 bps: Senior citizens can earn 7.35% on these tenures
For which tenures has ICICI Bank reduced FD interest rates?
ICICI Bank has reduced its fixed deposit (FD) interest rates across various tenures. For deposits of 1 year to less than 15 months, the rate has been cut by 20 basis points (bps) to 6.5% from 6.7%. Tenures of 15 months to less than 18 months now offer 6.6%, down from 6.8%. FDs maturing in 18 months to 2 years will earn 6.85%, a reduction from the earlier 7.05%. For the 2 years 1 day to 5 years tenure, the rate has been brought down by 15 bps to 6.75% from 6.90%. Deposits of 5 years 1 day to 10 years will now fetch 6.7%, compared to the earlier 6.8%. The interest rate on tax-saving FDs has also been revised to 6.75% from 6.9%.a:hover{text-decoration:none;} .liveEventMain_widget{margin-top:15px;padding-top:24px;border-top:2px solid #000;position:relative;font-family:Montserrat;} .liveEvent_slider{position:relative;overflow:hidden;} .liveEvent_slider ul{white-space:nowrap;list-style:none;margin-top:12px;} .liveEvent_slider ul.sliderContainer{margin-bottom:30px;} .liveEvent_slider ul li{white-space:normal;width:282px;vertical-align:top;display:inline-block;margin-right:12px;border-radius:12px;box-shadow: 0px 4px 12px 0px #2407461F;background-color:#fff;overflow: hidden;} .images_wrap{position:relative;} .images_wrap .cover_img{object-fit:cover;object-position:center;border-top-left-radius:4px;border-top-right-radius:4px;} .images_wrap .author_img{position:absolute;left:10px;top:13px;border-radius:10px;} .images_wrap::before{background-image: linear-gradient(180deg, rgba(11, 11, 46, 0) 20.31%, rgba(11, 11, 46, .6) 61.46%, #0b0b2e);content: "";height: 100%;left: 0;position: absolute;right: 0;width: 100%;} .liveEventMain_widget .details{padding:12px;} .liveEventMain_widget .category{font-size:12px;line-height:14px;font-weight:700;color:#6a11b0;margin-bottom:8px;} .liveEventMain_widget .course_name{font-size:16px;line-height:20px;font-family:Faustina;-webkit-line-clamp:2;overflow:hidden;height:40px;display:-webkit-box;-webkit-box-orient:vertical;font-weight:600;color:#000;} .liveEventMain_widget .details .author_name{font-size:13px;line-height:16px;color:#333;font-weight:400;margin-top:4px;-webkit-line-clamp:2;overflow:hidden;height:32px;display:-webkit-box;-webkit-box-orient:vertical;} .liveEventMain_widget .view{border: 1.5px solid #D51131; display: block; padding: 8px 0; text-align: center; border-radius: 4px; font-size: 14px; line-height: 16px; color: #D51131; margin-top: 12px; width: 100%; font-family: Montserrat; font-weight: 600; cursor: pointer;} .liveEventMain_widget .view span{display: inline-block; width: 6px; height: 6px; border-top: 1.5px solid #ed193b; border-left: 1.5px solid #ed193b; transform: rotate(90deg); position: relative; left: 5px; top: -2px;} .liveEventMain_widget .view span::after{content: ''; display: inline-block; width: 11px; border-top: 1.5px solid #ed193b; transform: rotate(45deg); position: absolute; top: 3px; left: -2px;} .liveEventMain_widget .arrow_btn{width: 26px; height: 25px; position: absolute; z-index: 11; background-size: 312px; cursor: pointer;} .liveEventMain_widget .nextprev-btn{display:inline-block;width: 100%; position: absolute; top: 59%;} .liveEventMain_widget .prev-btn{background-position: -212px -2px;left: -12px;} .liveEventMain_widget .next-btn{background-position: -241px -2px; right: -3px;left:unset;} .liveEventMain_widget .arrow_btn.disable{opacity:0.5;} .liveEventMain_widget .ts-dots{display:inline-block;position:absolute;top:34px;right:10px;} .liveEventMain_widget .ts-dots ul{display:inline-block;} .liveEventMain_widget .ts-dots li{width:7px;height:7px;border-radius:50%;background-color:#cdcdcd;margin:0 2px;display:inline-block;} .liveEventMain_widget .ts-dots li span{display:none;} .liveEventMain_widget .ts-dots li.active{background-color:#ed193b;} .liveEventMain_widget .topContain { display: flex; align-items: center; gap: 6px; } .liveEventMain_widget .topContain .imgBox { max-width: 40px; } .liveEventMain_widget .topContain .logoTitle { font-family: "Montserrat", "Verdana"; font-weight: 700; font-size: 20px; line-height: 100%; } .liveEventMain_widget .topContain .logoSubTitle{ position: relative; font-size: 18px; font-weight: 500; line-height: 1.2; color: #747474; margin-left: 24px; } .liveEventMain_widget .topContain .logoSubTitle:before{ content:''; position: absolute; left: -13px; top: 0; width: 1px; height: 100%; background-color: #838383; } .liveEventMain_widget .liveEvent_slider .liveEventCardContainer{ } .liveEventMain_widget .liveEvent_slider .liveEventCardContainer .liveEventCard{ display: flex; } .liveEventMain_widget .liveEvent_slider .liveEventCardContainer .liveEventCoverImg{ }
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TenureWith Premature Withdrawal facility General CitizenSenior Citizen7 to 45 Days3%3.50%46 to 90 Days4.25%4.75%91 to 184 Days4.75%5.25%185 to 270 Days5.75%6.25%271 Days to 6%6.50%1 Year to 6.50%7%15 Months to 6.60%7.10%18 Months to 2 Years6.85%7.35%HIGHESTHIGHEST2 Years 1 Day to 5 Years6.75%7.25%5 Years 1 Day to 10 Years6.70%7.20%5Y (Tax Saver FD)6.75%7.25%Source: Bank website
Senior citizens FD interest rate
For senior citizens, the bank offers FD interest rate between 3.5% and 7.35% for amounts below Rs 3 crore after revision. The highest FD interest rate of 7.35% on tenure 18 months to 2 years.Canara bank revises FD, savings interest rate: Check latest rates
ICICI Bank RD interest rates
For general citizens, ICICI bank offers recurring deposit (RD) interest rate between 4.75% and 6.85% for general citizens and for senior citizens the bank offers between 5.25% and 7.35% on various tenures.Maturity PeriodRate of Interest (% p.a.) w.e.f 21 May, 2025GeneralSenior Citizen6 months4.75%5.25%9 months6.00%6.50%12 months6.50%7.00%15 months6.60%7.10%18 months6.85%7.35%21 months6.85%7.35%24 months6.85%7.35%27 months6.75%7.25%30 months6.75%7.25%33 months6.75%7.25%36 months6.75%7.25%Above 3 years upto 5 years6.75%7.25%Above 5 years upto 10 years6.70%7.20%
#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;}
This story originally appeared on: India Times - Author:Faqs of Insurances
