ICICI Bank Golden Years FD ICICI Bank gives 0.10 percent more interest on this FD to senior citizens in addition to an additional interest rate of 0.50 percent. Along with getting a new FD, this benefit is also available on renewal.
ICICI Bank has extended the last date of the special FD scheme ‘ICICIC Bank Golden Year FD’ for senior citizens by six months. Now the customers of the bank can avail this special FD scheme till October 31, 2023. Earlier this FD scheme was ending on Friday.
Interest on ICICI Bank Golden Years FD
The ICICI Bank Golden Years FD offers higher interest rates to senior citizens as compared to normal FDs. At present, 7.5 percent interest is being given on this special FD on FDs ranging from 5 years one day to 10 years.
Special features of ICICI Bank Golden Years FD
- In addition to the 0.50 percent interest rate available to senior citizens on this FD, 0.10 percent interest is being given for a limited time.
- Additional interest rate is being given on renewal with new FD.
- In this scheme, only FDs of less than two crore rupees can be done.
- The tenure of ICICI Bank Golden Years FD can range from 5 years one day to 10 years.
You can withdraw money before the end of the term
If you need money after making FD, then you can withdraw money in this FD after 5 years and one day before the completion of the period without any charge . If you withdraw before five years, you will have to pay a penalty of 1 per cent.
how can you take advantage
If you want to take advantage of this special scheme, you can make an FD through the bank’s internet and mobile banking platform or you can also visit your nearest ICICI Bank branch.
