ICICI Bank FD Interest Rate: ICICI Bank has revised the rates of interest on bulk FD deposits. The financial institution has diminished the rate of interest by Rs 2 crore on bulk FD deposits above Rs 2 crore. After this variation, now the financial institution will give an rate of interest of 4.75% to six.75% on FDs starting from 7 days to 10 years. The financial institution has launched these new bulk FD charges from at present (May 20).

ICICI Bank Bulk FD Rates

ICICI Bank is providing an rate of interest of 4.75% on deposits maturing in 7 days to 29 days. The financial institution is providing an rate of interest of 5.50% on deposits maturing in 30 to 45 days. ICICI Bank is providing an rate of interest of 5.75% on deposits maturing in 46 to 60 days and 6.00% on deposits maturing in 61 to 90 days. The financial institution is providing an rate of interest of 6.50% on deposits maturing in 91 to 184 days and 6.65% on deposits maturing in 185 to 270 days.

ICICI Bank is providing an rate of interest of 6.75% on bulk deposits maturing in 271 days to lower than 1 yr. From 1 yr to fifteen months, the financial institution is giving an rate of interest of seven.25%. The financial institution is providing an rate of interest of seven% on deposits maturing in 15 months to 2 years and 6.75% on deposits maturing in 1 day to 10 years.

ICICI Bank Bulk FD Rate

The consolidated internet earnings within the fourth quarter of the monetary yr 2023 was Rs 53,922.75 crore, which is 25.88% increased than the fourth quarter of the monetary yr 2022. ICICI Bank had registered its consolidated internet earnings of Rs 38,716.56 crore within the ending quarter of March. At the identical time within the final monetary yr, the earnings of the financial institution was Rs 31,306.02. According to ICICI Bank, the corporate’s gross NPA fell to 2.81% within the fourth quarter of the monetary yr 2023.

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