3 Jan 2020 S. No, Bank, Zero Balance Savings Account, Interest Rate %. 1. State Bank of Each ICICI Basic Savings Account can have a single nominee. Compare saving account Interest rate of different Banks and open an account at ICICI Bank Regular Savings Account, 3.50% - 4.00%, Rs. 10,000 in metro and and online banking, sweep facility to fixed deposit accounts, phone banking In an auto sweep FD, the surplus funds in your savings account which are over the threshold limit are to deposit and withdraw funds at your convenience and you also earn interest at the rate of approx. ICICI Bank- Money Multiplier Plan. The rate of interest of the fixed deposit account will be set by the bank and can be revised from time to time. Amount can be withdrawn through means of 26 Apr 2018 Autosweep savings accounts may be convenient since excess money If your 25 days FD interest rate was 3.5%, postpenalty, you may get only 2.5%. ICICI Bank Ltd gives interest of 5.5% for 30-45-days FDs and 4.25% for
31 May 2014 Auto Sweep is a facility which interlinks saving bank account with a Fixed Deposit account. Most of the Banks offer interest at the rate of 4% p.a. (some offer 6% For eg., ICICI Bank calls it ”Auto Sweep” , HDFC Bank calls it
ICICI NRE FD Rates: Tenure: Rate of Interest : 1 year to 389 days: 6.20%: 390 days to less than 18 months: 6.30%: 18 months up to 2 years: 6.30%: 2 years 1 day up to 3 years: 6.40%: 3 years 1 day up to 5 years: 6.40%: 5 years 1 day up to 10 years: 6.40% The ICICI Bank flexi fixed deposit (FD) account can be opened for 15 days to 91 days (in days) as per the standing instructions of the customer. ICICI Bank Fixed deposit rates Tenure Following suite with other nationalised and private sector banks in the country, ICICI Bank like many others cut the interest rates of deposits in savings accounts by 50 basis points. As of yesterday, the interest rate on deposits will be 3.5% per annum for deposits less than Rs.50 lakh and for deposits above Rs.50 lakh, the interest rate on deposits will remain unchanged at 4% per annum. Otherwise you are better off with a savings account. For example, for 30-45-days FDs, ICICI Bank Ltd gives interest of 5.5%. It gives only 4.25% for 15-29-days FDs. So, if you withdraw early, the penalty will be 0.5% for premature withdrawal, and the final rate will be only 5% or 3.75%. Eye on time
The ICICI Bank flexi fixed deposit (FD) account can be opened for 15 days to 91 days (in days) as per the standing instructions of the customer. ICICI Bank Fixed deposit rates Tenure
Under the reverse sweep feature, a linked fixed deposit is automatically broken and the money is moved to the Resident Savings Account. This amount can be The Money Multiplier feature gives you the liquidity of a Savings Account coupled Creation of a linked FD ensures higher rate of interest on your Savings Bank
The 390 days Money Multiplier deposit gives you the liquidity of a Savings Account coupled with attractive interest rate of 390 days Fixed Deposit. This is achieved by creating a Fixed Deposit linked to your Savings Account providing you the following unique facilities.
The interest payable on such Fixed Deposit/s will be at the rate applicable on such account holder(s), under the 'Reverse Sweep' facility or withdraw/s moneys Under the reverse sweep feature, a linked fixed deposit is automatically broken and the money is moved to the Resident Savings Account. This amount can be The Money Multiplier feature gives you the liquidity of a Savings Account coupled Creation of a linked FD ensures higher rate of interest on your Savings Bank 8 Jul 2008 online account where deposits above Rs 5000 are automatically swept into a term deposit scheme with interest rates in the region of 8-8.5%.
In an auto sweep FD, the surplus funds in your savings account which are over the threshold limit are to deposit and withdraw funds at your convenience and you also earn interest at the rate of approx. ICICI Bank- Money Multiplier Plan.
Auto sweep-out facility ensures that you earn higher interest rate by moving extra amount beyond the threshold limit from your savings account to fixed deposit.