Fixed Deposits (FDs) in India offer guaranteed returns, higher interest rates than savings accounts, and tax benefits. Small finance banks provide rates ranging from 4.5% to 9% for regular consumers and up to 9.5% for senior citizens
ICICI Bank revised FD rates: ICICI Bank has revised its fixed deposit (FD) rates across tenures for both individuals and senior citizens with effect from February 17, 2024. These revised FD rates are applicable for deposits up to Rs 2 crore and the highest rate that is being offered to senior citizens is 7.75%.