06
Dec
ICICI Bank is one of the leading banks in India. It offers various banking products including fixed deposits for different tenures and maturity. Interest rates for these deposits are calculated on the basis of the interest rate prevailing in the market. The interest rates on ICICI Bank fixed deposits vary depending on the tenure of the deposit. For example, for a 1-year deposit, the interest rate is currently 7.50% per annum. However, for a 5-year deposit, the interest rate is higher at 8.00% per annum. The minimum amount that can be deposited in an ICICI Bank fixed deposit account is…