Industrial and Commercial Bank of China (ICBC) Deposit Interest Rate Increases and New Adjustment: In February 2022, ICBC (RMB10,000, RMB200,000, RMB300,000) raised new interest rates.
In February 2022, ICBC's latest RMB deposit interest rate table and large certificate of deposit interest rate table
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%.
ICBC deposits have high interest rates, and the principal amount starts 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
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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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.
ICBC (three months to five years) 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) One year of deposit: 10,000 * 1.75% = 175 yuan, one year interest of 175 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;
The interest rate of ICBC, from three months to five years, 50,000 yuan exists in the 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;
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.
