Monday, February 1, 2010

ICICIHFC revised deposit rates upto 25bps

ICICI Home Finance Fixed Deposits : Revision of Deposit Rates - Effective February 1, 2010

Please find the following changes that are made in fixed deposits interest rates (ICICI HFC) under special scheme & base rates effective  1st February, 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 10 bps in interest rate for 24 to 35 months tenure deposits.
    • Increase by 20 bps in interest rate for 36 to 59 months tenure deposits.

 

  • Special Scheme
    • Increase by 10 bps in interest rate for 30 months tenure deposits.
    • Increase by 20 bps in interest rate for 40 months tenure deposits.



Base Rates:

Tenure

Ticket Slab

Ann/Cum

Qtrly

Mthly

12 - 23 mths

< = Rs. 1 cr

6.75%

6.60%

6.55%

24 - 35 mths

< = Rs. 1 cr

7.10%

6.90%

6.85%

36 - 59 mths

< = Rs. 1 cr

7.45%

7.25%

7.20%

60 - 84 mths

< = Rs. 1 cr

8.00%

7.75%

7.70%

0.25% additional for senior citizen

Special Scheme Rates:

Tenure

Ticket Slab

Ann/Cum

Qtrly

Mthly

30 mths

< = Rs. 1 cr

7.45%

7.25%

7.20%

40 mths

< = Rs. 1 cr

7.70%

7.50%

7.45%

60 mths

< = Rs. 1 cr

8.00%

7.75%

7.70%

0.35% additional for senior citizen

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Safe Harbor:

The information contained and provided on this Website provides Investment advice for the education of investors. The posts are an information service only. Recommendations, opinions or suggestions are given with the understanding that readers acting on this information assume all risks involved. We do not assume any responsibility or liability resulting from the use of such information, judgment and opinions for Trading or Investment purposes.
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