May 26, 2024

Report Wire

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ICICI HFC gives as much as 7.25% rate of interest on AAA rated fastened deposit 

2 min read

ICICI Home Finance Company Limited (ICICI HFC) is a wholly-owned subsidiary of ICICI Bank Ltd and is a Housing Finance Company regulated by the Reserve Bank of India (RBI). ICICI Housing Finance Company’s fastened deposits are rated FAAA/Stable by CRISIL, MAAA/Stable by ICRA, and AAA/Stable by CARE, and the corporate made an rate of interest revision on these deposits on May 30, 2022. Based on the revision, ICICI Home Finance is now providing a most price of seven% to most people and seven.25 per cent to senior residents.

ICICI Home Finance Interest Rates On FD For Public Deposits

According to the rates of interest in impact from May 30, 2022, the corporate is at the moment providing a 5.25 per cent rate of interest on 12- to 24-month cumulative deposits. The rate of interest relevant to cumulative deposits of 24 to 36 months is 5.95 per cent, 6.60 per cent for cumulative deposits of 36 to 60 months, 6.80 per cent for cumulative deposits of 60 to 84 months, and 6.95 per cent for cumulative deposits of 84 to 120 months. The firm supplies a most rate of interest of 6.75 per cent on non-cumulative deposits of 84 to 120 beneath the month-to-month earnings plan, 6.80 per cent beneath the quarterly earnings plan, and 6.95 per cent beneath the yearly earnings plan on non-cumulative deposits of 84 to 120. On public deposits of lower than ₹2 crore, a 0.25 per cent further rate of interest can be utilized to aged residents and ICICI Group employees.

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ICICI Home Finance FD (icicihfc.com)

ICICI Home Finance Interest Rates On FD For Other Than Public Deposits

Based on rates of interest efficient May 30, 2022, ICICI HFC is now providing a most price of 6.95 per cent on cumulative deposits of 84 to 120 months and a most price of 6.75 per cent on non-cumulative deposits beneath the Monthly Income Plan, 6.80 per cent beneath the Quarterly Income Plan, and 6.95 per cent beneath the Yearly Income Plan.

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ICICI Home Finance FD (icicihfc.com)

ICICI HFC Special Scheme Rates for Public Deposits

ICICI HFC supplies a 6.85 per cent rate of interest on cumulative deposits of 39 months, 6.95 per cent on cumulative deposits of 45 months, and seven.00 per cent on cumulative deposits of 65 months on a particular fastened deposit scheme. A month-to-month earnings plan can have a most price of 6.80 per cent, a quarterly earnings plan can have a most price of 6.85 per cent, and a yearly earnings plan can have a most price of seven.00 per cent beneath the Non-Cumulative deposit possibility.

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ICICI Home Finance FD (icicihfc.com)

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