Special Rates for Senior Citizens:

An additional interest rate of 5 basis points (bps) over & above the existing 50 bps, will be paid to Senior Citizens on FDs (less than ₹2 crore) for tenures of 15 months to less than 18 months and 18 months to less than 2 years

An additional interest rate of 10 bps over & above the existing 50 bps will be paid to Senior Citizens on FDs (less than ₹2 crore) for tenures of 5 years and above.

Note:

No interest is payable for deposits prematurely withdrawn within a period of 1 year from the date of the deposit, for NRE Term Deposits

Minimum amount to open a Domestic FD is ₹10,000 and NRO/NRE Term Deposit is ₹25,000

These revised Fixed Deposit interest rates will be applicable for new ICICI Bank Fixed Deposits and on renewal of existing Fixed Deposit

*Senior Citizen rates are applicable only for Domestic Term Deposits

One customer can avail a maximum tax deduction of ₹1,50,000 from taxable income through an ICICI Bank tax saver FD

ICICI Bank staff (including retired staff) will get an additional 1% rate of interest on domestic deposits below ₹2 crore.

On change of residential status from Non-Resident to Resident, Resident Deposit rate of interest will be applicable.

To avail Fixed Deposits without premature closure facility, contact your Relationship Manager or visit any Branch.

Specific Terms and conditions for deposits without premature withdrawal facility

These Terms and Conditions ("Terms") apply to Fixed Deposits without premature withdrawal facility, opened with ICICI Bank, as per the guidelines prescribed by the Reserve Bank of India (RBI) in this regard from time to time ('Fixed Deposit'). These Terms will be in addition to and not in derogation of the Terms and Conditions governing ICICI Bank Fixed Deposits available https://www.icicibank.com/ ("Primary Terms"). In the event of any contradiction in the Terms and the Primary Terms, these Terms shall prevail.

These Fixed Deposits do not have premature withdrawal facility i.e. the Fixed Deposit cannot be closed by the depositor before expiry of their term. However, the Bank may allow premature withdrawal of these deposits in following exceptional circumstances: in the event of any direction from any statutory and/or regulatory authority or deceased claim settlement cases.

Please note that ODFD facilities are not available for Non-Withdrawable Deposits

In the event of premature withdrawal of these deposits under the mentioned exceptional circumstances, the Bank will not pay any interest on the principal amount of the deposit. Any interest credited or paid up to the date of such premature closure will be recovered from the deposit amount.

Auto renewal facility is not available for such Fixed Deposits at time of opening of the Fixed Deposit account.

Minimum tenure for traditional NRO FDs without premature withdrawal facility is 3 months and maximum tenure is 10 years

Minimum tenure for cumulative NRO FDs without premature withdrawal facility is 6 months and maximum tenure is 10 years

Minimum tenure for NRE Term Deposits is 1 year and no interest is payable for deposits prematurely withdrawn within the period of 1 year from the date of the deposit

Interest rates and minimum deposit value are subject to change without prior notice.

On change of residential status from Non-Resident to Resident, Resident Deposit rate of interest will be applicable.

Premature Withdrawal of Fixed Deposit:

On premature withdrawal of the DOMESTIC, NRO & NRE deposits:

Interest will be paid for the period the deposit has remained with the bank

Penalty will be levied on the rate applicable, as per the following table