Mar 11, 2010

Revision of ICICI Home Finance Fixed Deposits Rates - Effective March 15, 2010

After reviewing the current economic scenario and competitive rates being offered in the market, following changes are made in fixed deposits interest rates under special scheme & base rates effective March 15, 2010  subject to review subsequently.

Below is the summary of changes in the interest rate structure:

Base Scheme
  • Increase by 25 bps in interest rate for 12 to 23 months tenure deposits.
  • Increase by 25 bps in interest rate for 24 to 35 months tenure deposits.
  • Increase by 25 bps in interest rate for 36 to 59 months tenure deposits.
  • Increase by 25 bps in interest rate for 60 to 84 months tenure deposits.

Special Scheme
  • New 15 months tenure special scheme replacing 20 months tenure special scheme.
  • Increase by 40 bps in interest rate for 30 months tenure deposits.
  • Increase by 30 bps in interest rate for 40 months tenure deposits
  • Increase by 25 bps in interest rate for 60 months tenure deposits

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