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ICICI Bank now reduces interest rates on savings bank account

ICICI Bank now reduces interest rates on savings bank account

India Blooms News Service | @indiablooms | 03 Jun 2020, 10:39 am

Mumbai/UNI: Private sector lender ICICI Bank has announced a reduction in its savings bank account interest rate with effect from June 4, 2020.

The interest rate on savings bank balance of less than Rs 50 lakhs has been revised from 3.25 pc per annum to 3.00 pc per annum.

The interest rate on savings bank balance of Rs. 50 lakhs and above has been revised from 3.75 pc per annum to 3.50 pc per annum.