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FD Calculator

Higher Returns, Complete Security.

Calculate Fixed Deposit returns with ease. Use our FD Calculator to plan your investments wisely and maximise your returns.

How much amount do you want to save?

₹1 L ₹10 L ₹1 Cr ₹10 Cr

When would you like to receive the interest?

On Maturity Monthly Quarterly

Choose the best interest rates and duration

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For Tenure of -

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For Tenure of -

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For Tenure of -
Hover across the data points across the graph to select tenure as per your need
*D - Days, M - Months, Y- Years
HIGHEST

Interest Rate

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Duration

1Y 3M 1D

Maturity Date

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Maturity Amount

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Total Interest

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Open an FD easily with our end-to-end digital process Multiple payout options are available in form of Monthly, Quarterly & on maturity Flexible FD tenure options ranging from as short as 7 days to as long as 10 years Tax saving options are also available. Note- This interest is for calculation purpose only and does not include TDS deductions.

FD Calculation for Resident & NRI Customers

Explore tenure and interest rate related information

  • Resident Customers
  • NRI Customers
  • Tax Deducted at Source (TDS) will be applicable on the interest earned as per the prevailing rate for your Fixed Deposit
  • Check for latest Fixed Deposit Interest Rates
  • The FD amount should be minimum of Rs 10,000 and maximum of Rs 1,99,99,999
  • The tenure of deposits are:
Pay-out Type Minimum Tenure Maximum Tenure

Cumulative

6 months

10 years

Quarterly 

3 months

10 years

Monthly

7 days

10 years

Cumulative interest payout: Minimum of 6 months, maximum of 10 years

Quarterly interest payout: Minimum of 6 months, maximum of 10 years.

Monthly interest payout: Minimum of 3 months, maximum of 10 years.

  • Short-term FD: Minimum of 7 days, maximum of 91 days.
  • Check for additional terms and conditions
  • The rates set as default in the FD calculator are for ‘Resident’ deposits less than Rs 1 crore.

The FD Calculator provides indicative rates of the amount on maturity, which are applicable only to Non-Resident External (NRE) and Non-Resident Ordinary (NRO) Term Deposits with a Premature FD Withdrawal facility. The FD Calculator cannot be used for calculating the maturity value for Foreign Currency Non-Resident (FCNR) Account Deposits. Check for latest interest rates on FCNR

  • The FD Calculator will provide the maturity amount for deposits of up to Rs 1,99,99,999
  • Check for FD interest for NRE/NRO on deposits of Rs 2 crore and above.
  • Senior citizen rates are not applicable for NRE and NRO Deposits
  • For NRO FDs, the maturity amount indicated is subject to TDS as applicable. The rates are subject to change from time to time. Check for interest for NRE/NRO.
  • The minimum FD amount should be Rs 25,000.

The tenures of deposits are:

FD Type Minimum Tenure Maximum Tenure
NRE FD 1 year 10 years
NRO FD 7 days 10 years

NRE FD: Minimum of 1 year, maximum of 10 years.

NRO FD: Minimum of 7 days, maximum of 10 years.

 

 

 

 

FD Calculator FAQs

What is an FD Calculator?

ICICI Bank FD Interest Calculator is a simple tool to help customers determine the interest amount they would earn on their investment in deposits, basis the amount, tenure and prevailing interest rate. This can help calculate the returns on their investments.

How does one use the FD Calculator?

You can use the FD Calculator to calculate interest and maturity amount on the FD as follows:

  • Select the Customer Type i.e. Normal or Senior Citizen

  • Select the type of Fixed Deposit i.e. Cumulative or Interest Payout (Quarterly/Monthly) or Short-term FD

  • The FD date will be defaulted as the current date

  • Enter the FD amount

  • Select the format of entering the FD tenure i.e. in combination of Years/Months/Days or in Days. Only enter the preferred tenure according to the format chosen

  • The applicable interest rate, interest amount, maturity date and maturity amount are displayed to the customer.

How is the interest on FD calculated?

Interest on FD is calculated on the basis of the FD tenure and the prevailing interest rate applicable at the time of opening an FD. Interest is calculated as follows:

  • Cumulative FD: Interest is calculated for the quarter and compounded/reinvested to the principal amount. Interest for the next quarter is calculated on the accumulative amount

  • Traditional FD with Quarterly Interest Payout option: Simple interest is calculated and paid at the end of each quarter

  • Traditional FD with Monthly Interest Payout option: Interest is paid at the discounted value and at the end of each month

  • Short-term FD: Interest is calculated on simple interest basis.

What is a Fixed Deposit?

A Fixed Deposit (FD) is an investment product offered by Banks and NBFCs to their customers. An FD promises you guaranteed returns that are calculated basis the interest offered at the time of opening an FD Account. Interest rates may differ depending upon the tenure and the amount you are opting for.

What is the interest rate on FDs for Senior Citizens?

ICICI Bank offers attractive interest rates on Fixed Deposits. Currently, we offer up to 7.75%* per annum for senior citizens. (*For a tenure ranging from 15 months to 2 years). For more information, visit the FD interest rates

What are the types of FDs offered by ICICI Bank?

ICICI Bank offers two types of FDs:

  • Traditional Fixed Deposit: Interest amount is credited at regular intervals, i.e., Quarterly or Monthly. Customer can opt for Monthly/Quarterly payout at the time of creating the Fixed Deposit
  • Cumulative Fixed Deposit: Customer will receive a lump sum amount after maturity. The interest accrued is added back to the principal amount at quarterly intervals.
Who can invest in ICICI Bank Fixed Deposits?

Individuals and entities mentioned below are eligible to apply for a regular Fixed Deposit online:

  • Residents

  • Hindu Undivided Families

  • Sole Proprietorship Firms

  • Partnership Firms

  • Limited Companies

  • Trust Accounts

  • Non-Resident Indians

  • Minors with Guardianship.

Also, the Savings Account should be KYC verified.

How do I open a Fixed Deposit Account online?

With ICICI Bank you can open a Fixed Deposit Account anytime, anywhere through any of the following channels such as iMobile Pay App, Internet Banking, Branch Visit, ATM or by contacting Customer Care.

What is the minimum amount required to open an FD?

A minimum deposit of ₹10,000 is necessary to open an ICICI Bank Fixed Deposit Account. For Recurring Deposits, a minimum deposit of ₹500 is required and later deposits in multiples of ₹100 (monthly).

What is the minimum and the maximum tenure for a Fixed Deposit?

ICICI Bank offers a flexible tenure for FDs that ranges from 7 days to 10 years.

What are the steps to create an FD Account through Internet Banking?
  1. Log in to ICICI Bank Internet Banking

  2. Go to ‘Bank Accounts’

  3. Select ‘Deposits’

  4. Click on ‘Create FD’

  5. Select your FD type

  6. Enter your investment amount. You can open an FD for an amount equal to or greater than ₹10,000

  7. Select your FD tenure & Interest payout option

  8. Click on ‘Create FD’. You have successfully opened an FD Account with ICICI Bank.

What is the interest rate on FD for General Citizens?

ICICI Bank offers attractive interest rates on Fixed Deposits. Currently, ICICI Bank offers up to 7.2%* per annum for general citizens (*For a tenure ranging from 15 months to 2 years). For more information, visit the FD interest rates

How does one calculate the FD maturity amount?

FD maturity amount can be calculated using the FD Calculator in a simple manner using the below steps:

  • Select the Customer Type i.e. Normal or Senior Citizen

  • Select the type of FD i.e. Cumulative or Interest Payout (Quarterly/Monthly) or Short-term FD

  • Enter the FD amount

  • Enter the required FD tenure i.e. in combination of Years/Months/Days or in Days only

  • The applicable interest rate, interest amount, maturity date and maturity amount are displayed to the customer.