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Q.

What is the ICICI Bank FCNR Interest Rates?

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Hello there. I work at the ICICI Bank under the NRI section. So, I’ll be able to tell you the FCNR deposit rates ICICI Bank. The interest rate changes on the basis of the currency and the time period. For instance, for the currency USD with USD less than 400000 with a duration ranging between 12 to 24 months, the interest rate is 4.75. I am listing down the FCNR fixed deposit rates in a table to help you understand it better.

What are the ICICI FCNR Fixed Deposit Rates?

Here are the FCNR fixed deposit rates per annum at the ICICI Bank. These are effective from October 26th, 2024.

Currency

12 months < 24 months

>= 24 months < 36 months

>= 36 months < 48 months

>= 48 months < 60 months

60 months

USD < 400000

4.75

4.00

3.65

3.30

3.30

USD >= 400000 to < 1000000

5.00

4.00

3.65

3.30

3.30

USD >=1000000 to < 2500000

5.25

4.00

3.65

3.30

3.30

USD >=2500000 

5.10

4.00

3.65

3.30

3.30

SGD < 600000

3.25

2.75

NA

NA

NA

SGD >= 600000

3.55

2.75

NA

NA

NA

AUD

4.40

3.75

NA

NA

NA

GBP

4.75

4.00

NA

NA

NA

CAD

3.75

3.30

NA

NA

NA

In case of premature withdrawal from your end, there will be no interest payable and no penalty will be levied, given that the completion is before 1 year. 

In case the withdrawal is after 1 year, interest will have to be paid at the applicable rate to the amount and duration for which the deposit stayed with the bank. There won’t be any penalty. This is all about the ICICI Bank FCNR interest rates.

Get NRI Home Loan at Lowest Interest Rates Via NoBroker NRI Services! Some related information:

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