What was the rate of interest in 2017?

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Tenors Revised For Public w.e.f. 01.07.2017 (In %) Revised for Senior Citizens w.e.f. 01.07.2017 (In %)
1 year 6.75 7.25
Above 1 year to 455 days 6.5 7
456 days to less than 2 years 6.5 7
2 years to less than 3 years 6.25 6.75

What is Icici Bank FD interest rates?

Interest rates on Domestic, NRO & NRE deposits(Less than ₹5 crore)

Maturity Period Interest rates (per cent per annum) w.e.f. January 20, 2022
Single deposit of less than ₹20.0 million
15 days to 29 days 2.50% 3.00%
30 days to 45 days 3.00% 3.50%
46 days to 60 days 3.00% 3.50%

What is the RD interest rate in 2016?

Interest Rates On Post Office Schemes From July-October 2016

Instrument Rate of interest w.e.f. 01.04.2016 to 30.6.2016 Compounding frequency
5 Year Deposit 7.9 Quarterly
5 Year Recurring Deposit 7.4 Quarterly
5 Year Senior Citizens Savings Scheme 8.6 Quarterly and paid
5 year Monthly Income Account Scheme 7.8 Monthly and paid

What is rate of interest of 5 years FD?

Best Interest Rates for 5-Year Fixed Deposits Below Rs.2 Crore in India

Best FD Rates for 5 years
Bank/Company Regular Interest Rates (per annum) Senior Citizen Interest Rates (per annum)
Citibank FD 3.50% 4.00%
HDFC Bank FD 5.60% 6.35%
IDFC First Bank FD 6.00% 6.50%

What is FD Xtra in Icici?

What is FD Xtra? ICICI Bank recently launched new term deposit option by the name of FD Xtra. FD Xtra is specially designed to meet life-stage needs and goals of investors. Sub-types in this scheme include FD Life, FD Invest, FD Income, FD Card and FD Health.

Which FD is best in ICICI Bank?

FD Tenure : Ranges between 7 days to 10 years. Interest Rate Range : 2.50% p.a. to 5.60% p.a. Senior Citizens FD Rate : 3.00% p.a to 6.35% p.a. Highest Interest Rate : As per today’s rate, ICICI Bank’s highest interest rate on FD is 5.60% offered for a tenure of 10 years.

What is the interest rate of RD in HDFC?

HDFC Bank’s recurring deposits offer interest rates ranging from 3.50% p.a. to 5.60% p.a. for the general public on tenures ranging from 6 months to 10 years while senior citizens get an additional interest of 0.50% on all tenures.

Which bank is best for recurring deposit 2021?

Best Recurring Deposit Scheme in India with Highest Interest Rates

  • For 2-year tenure, one of the best highest interest rates are offered by Lakshmi Vilas Bank at 7.50% p.a. and then by Yes Bank at 7.50%.
  • For 3-year and 4-year tenures, you earn the best RD interest rates with Lakshmi Vilas Bank at 7.50% p.a.

Which FD is best in Icici Bank?

What is closing time of ICICI Bank?

While some of the branches start working in the morning and close late noon, some of the branches start working during the lunch break and close in the evening in Singapore.

Which bank is better, HDFC, ICICI, or Citibank?

ICICI is better in terms of strong HR policies and better job security,work life balance.

  • In terms of remuneration,both banks pay well and competitive as per market norms
  • In the banking industry HDFC has recently surpassed ICICI in total asset valuation to become the second largest bank.
  • Is ICICI Bank a private sector or public sector?

    ICICI was established in 1955 as a private sector development finance institution (DFI), under the Companies Act of 1913, to encourage and assist industrial development and investment in India.

    Is ICICI Bank a private bank?

    The insurer’s shareholding in the bank increased to 5.16% from 3.15% earlier. ICICI Bank: The private sector lender has informed the exchange that it has fully redeemed the outstanding notes worth 10,034,050,000 Japanese yen on December 16. The bank had issued these notes under the Tokyo Pro-bond program and listed at Tokyo Stock Exchange.