FD investments News
ICICI Bank has increased the interest rate on term deposits maturing within 15 months to less than 18 months to 4.45%.
The previous FD interest rate on such policies was 4.40%.
Investors, however, will receive better returns on FDs with a longer maturity period.
A flexi bank account gives you higher interest rate benefit of a fixed deposit and liquidity of a saving account or in other words, it operates as the best-of-both-worlds for customers.
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