ICICI Bank and HDFC Bank gave a shock to customers! You will get less interest on FD, check the latest rate here

ICICI Bank and HDFC Bank have also announced a reduction in their FD rates once again. Let us see at what rate you will get interest on fixed deposits in these banks.

ICICI Bank, HDFC Bank FD Rates: 2 big private sector banks – ICICI Bank and HDFC Bank have given a big shock to their customers. After RBI announced a cut in its interest rates for the second time in a row, all the big private and government banks of the country have been cutting their interest rates. In this episode, ICICI Bank and HDFC Bank have also announced a cut in their FD rates once again. Let’s see at what rate you are going to get interest on fixed deposits in these banks.

ICICI Bank FD Rates

ICICI Bank has announced a reduction of 20 basis points in fixed deposit rates for its customers. According to the bank’s official website, the new interest rates have come into effect from May 27, 2025.

ICICI Bank customers can make FDs for a period of 7 days to 10 years, in which they get interest ranging from 3 percent to 6.85 percent, in which the highest interest is available on FDs of 18 months to 2 years. At the same time, senior citizens get 0.5 percent more interest on bank FDs.

HDFC Bank FD Rates

HDFC Bank has also reduced interest rates on fixed deposits. New interest rates on FDs have come into effect from May 23. Bank customers can make FDs for a period of 7 days to 10 years, in which they get interest ranging from 3 percent to 6.85 percent, in which the highest interest is available on FDs of 15 months to 21 months. At the same time, senior citizens get 0.5 percent more interest on bank FDs.

 

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