New Interest Adjustment for RMB Deposits of Industrial and Commercial Bank of China (Raised): In February 2022, ICBC (RMB10,000, RMB30,000, RMB50,000, RMB200,000 and RMB300,000) raised new interest rates.
In February 2022, ICBC will maintain the latest interest rate table for RMB deposits of various maturities and the latest interest rate table for large certificates of deposit
The deposit listing rate at the bank counter will generally be higher than the deposit interest rate on the official website. ICBC's listed deposit rates are as follows:
Consolidated Deposit Time Deposit:
Minimum deposit of 10,000: 3 months term, annual interest rate of 1.60%; 6 months term, 1.80% per annum;
1-year deadline, annual rate 2.0%;
Minimum deposit of 50,000: 3 years term, interest rate 3.25% per annum;
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ICBC's short-term interest rates within half a year or less have risen slightly. After the adjustment, the interest rate of fixed deposits is up to 3.25%, and the interest rate of large certificates of deposit is up to 3.35%.
The interest rate adjustment of the ICBC fixed deposit rate and the interest rate of large certificates of deposit have changed: the longer the deposit period, the greater the reduction, and the short-term interest rate has risen.
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The 6-month fixed deposit interest rate from 50 yuan rose from 1.755% to 1.8%, a slight increase of 0.045 percentage points, and the 3-month fixed deposit interest rate increased from 1.485% to 1.6%, an increase of 0.115 percentage points.
The principal deposit is 30,000 yuan, and the interest available for 30,000 yuan per year maturity is 30,000 * 3.250% = 975.
30,000 yuan deposited for two years, interest due: 30,000×3.75% ×2 = 2250 (yuan)
The annual interest rate of three-year time deposits is: 3.750% Deposit 30,000 yuan in the Bank of China, three-year fixed term, interest at maturity: 30,000×3.75% ×3 = 3375.00 (yuan) Total principal and interest: 33375.00 yuan
The interest rate of ICBC, from three months to five years, 50,000 yuan of total interest income that ICBC can get, according to the different deposit periods, the results are calculated separately:
Regular 3 months: 178.75 yuan; regular 6 months: 422.5 yuan; regular 1 year: 975 yuan; regular 2 years: 2730 yuan;
Regular 3 years: 4950 yuan;
ICBC one-year interest calculation
Based on the principal of 10,000 yuan, the interest deposited in the last year of different terms and different methods of ICBC is relatively large;
(1) Survival period: 10,000 * 0.3% = 30 yuan, only 30 yuan of interest a year;
(2) Deposit period for three months: 10,000 * 1.35% = 135 yuan, one year interest of 135 yuan;
(3) Deposit period for six months: 10,000 * 1.55% = 155 yuan, one year interest of 155 yuan;
(4) Deposit period for one year: 10000 * 1.80% = 180 yuan, one year interest of 180 yuan;
(5) Deposit for two years: 10,000 * 2.25% = 225 yuan, one year interest of 225 yuan;
(6) Deposit period for three years: 10,000 * 2.75% = 275 yuan, one year interest of 275 yuan;
ICBC's large-value certificate of deposit, large-value certificate of deposit is relatively higher than ordinary fixed deposit interest, and the principal is starting at a minimum of 200,000 yuan
Large Certificates of Deposit:
Subscription from 200,000: 1 month term, 1.70% per annum; 3-month term, 1.70% p.a.;
6 months term, 1.90% per annum; 1 year term, 2.10% per annum;
Subscriptions from 250,000: 2.70% p.a. for 2 years
Subscriptions from 300,000: 3.35% p.a. for 3 years
Note: The above interest rates are for reference only, do not make any suggestions, please consult the counters of each bank branch for specific details, and the interest rate published by the local business halls shall prevail.
