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    FD Rate Card - Oct 2022

    Uploaded by

    Deepak Suyal
    The document outlines interest rates for domestic, NRO, and NRE term deposits under ₹2 crore at ICICI Bank effective October 29, 2022. Rates range from 3-6.35% for general customers and 3.5-6.85% for senior citizens, varying by deposit maturity period. An additional 0.2% rate is offered to resident senior citizens for fixed deposits between 5 years 1 day and 10 years until April 7, 2023. Premature withdrawal penalties are 0.5-1.2% depending on deposit amount and tenure.

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    © All Rights Reserved
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    FD Rate Card - Oct 2022

    Uploaded by

    Deepak Suyal
    12 views2 pages
    The document outlines interest rates for domestic, NRO, and NRE term deposits under ₹2 crore at ICICI Bank effective October 29, 2022. Rates range from 3-6.35% for general customers and 3.5-6.85% for senior citizens, varying by deposit maturity period. An additional 0.2% rate is offered to resident senior citizens for fixed deposits between 5 years 1 day and 10 years until April 7, 2023. Premature withdrawal penalties are 0.5-1.2% depending on deposit amount and tenure.

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    FD Rate Card -Oct 2022

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    The document outlines interest rates for domestic, NRO, and NRE term deposits under ₹2 crore at ICICI Bank effective October 29, 2022. Rates range from 3-6.35% for general customers and 3.5-6.85% for senior citizens, varying by deposit maturity period. An additional 0.2% rate is offered to resident senior citizens for fixed deposits between 5 years 1 day and 10 years until April 7, 2023. Premature withdrawal penalties are 0.5-1.2% depending on deposit amount and tenure.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    12 views2 pages

    FD Rate Card - Oct 2022

    Uploaded by

    Deepak Suyal
    The document outlines interest rates for domestic, NRO, and NRE term deposits under ₹2 crore at ICICI Bank effective October 29, 2022. Rates range from 3-6.35% for general customers and 3.5-6.85% for senior citizens, varying by deposit maturity period. An additional 0.2% rate is offered to resident senior citizens for fixed deposits between 5 years 1 day and 10 years until April 7, 2023. Premature withdrawal penalties are 0.5-1.2% depending on deposit amount and tenure.

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    © All Rights Reserved
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    of 2

    Domestic, NRO and NRE Term Deposits

    Interest Rates for all new Term Deposit less than `2 crore
    with effect from Oct 29, 2022
    Interest rates (per cent per annum)
    Maturity Period Single deposit of less than `2 crore
    General Senior Citizen
    7 days to 14 days 3.00% 3.50%
    15 days to 29 days 3.00% 3.50%
    30 days to 45 days 3.50% 4.00%
    46 days to 60 days 3.75% 4.25%
    61 days to 90 days 4.00% 4.50%
    91 days to 120 days 4.50% 5.00%
    121 days to 184 days 4.50% 5.00%
    185 days to 289 days 5.25% 5.75%
    290 days to less than 1 year 5.50% 6.00%
    1 year to 389 days 6.10% 6.60%
    390 days to < 18 months 6.10% 6.60%
    18 months days to 2 years 6.15% 6.65%
    2 years 1 day upto 3 years 6.20% 6.70%
    3 years 1 day upto 5 years 6.35% 6.85%
    5 years 1 day upto 10 years 6.25% #6.95%
    5 years (80C FD) – Max to `1.50 lac 6.35% 6.85%

    Note:
    1. *NRE rates applicable for tenure of 1 year and above only.
    2. **Senior citizen rates applicable only for domestic term deposit.
    #
    3. ICICI Bank Golden Years FD (with effect from June 22, 2022):

    Resident senior citizen customers get an exclusive additional interest rate of 0.20% per annum on Fixed
    Deposits over and above existing additional rate of 0.50%
    Eligible FD tenure: 5 years 1 day up to 10 years

    Terms and conditions of ICICI Bank apply.


    Applicable duration: Oct 29, 2022 to April 7, 2023
    The additional rate will be available on fresh deposits opened as well as deposits renewed during the
    mentioned period
    Applicable on single FD of amount < `2 crore
    Premature withdrawal: In case deposit opened in above scheme is prematurely withdrawn/closed on or
    after 5 years 1 day, the applicable penal rate will be 1.20%. In case the deposit opened in above scheme
    is prematurely withdrawn/closed before 5 years 1 day, the prevailing premature withdrawal policy will
    be applicable
    All other features of term deposit as well as terms and conditions shall remain unchanged and are
    applicable for the above scheme also.

    Penalty on pre-mature withdrawal


    Penal Rates (in %)
    Original Tenure of Deposit
    Less than `5 crore `5 crore & above
    Less than 1 year 0.50 0.50
    1 year and above but less than 5 years 1.00 1.00
    5 years and above 1.20 1.20

    Terms and conditions of ICICI Bank apply.

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