ICICI Bank: Your Guide to Interest Rates

Introducing ICICI Bank's Interest Rates

ICICI Bank, one of India's leading financial institutions, offers a wide range of banking products and services, including savings accounts, fixed deposits, recurring deposits, and loans. Each product comes with its unique interest rate, which customers should carefully consider when making financial decisions.

Savings Accounts

Savings accounts provide a convenient and easily accessible way to save money while earning interest. ICICI Bank currently offers interest rates ranging from 3.00% to 3.50% per annum on savings account balances up to INR 50 lakhs. Balances above INR 50 lakhs earn an interest rate of 4.00% per annum.

Fixed Deposits

Fixed deposits offer a higher interest rate than savings accounts but come with a fixed tenure. ICICI Bank's fixed deposit interest rates vary depending on the tenor and amount invested. For tenors ranging from 7 days to 10 years, interest rates range from 2.75% to 6.50% per annum.

Recurring Deposits

Recurring deposits are an excellent savings option for those who wish to invest a fixed amount regularly. ICICI Bank's recurring deposit interest rates vary from 2.75% to 6.50% per annum, depending on the tenor of the deposit.

Loans

ICICI Bank offers various types of loans, including personal loans, home loans, education loans, and car loans, each with its own interest rate. The interest rate on loans depends on factors such as the loan amount, borrower's credit score, and repayment tenure. Customers should compare interest rates from different lenders before making a decision.

For the most up-to-date and accurate information on ICICI Bank's interest rates, please visit the bank's official website or consult with a financial advisor.