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FD Interest Rates
Higher Returns, Complete Security
FD Interest Rates as high as 7.80% p.a. for Senior Citizens (60+ years age) and up to 7.25% p.a. for General Citizens.
How Much Amount Do You Want To Invest?
When Would You Like To Receive The Interest?
Find The Best Interest Rates And Duration
Interest Rate
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The actual annual return on your Fixed Deposit, including compounding effects.
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Why You Should Choose ICICI Bank Fixed Deposit
Fixed Deposit Interest Rates for General and Senior Citizens(w.e.f. from Nov 15, 2024)
Select FD Amount
Select Withdrawal Facility
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Special Rates for Senior Citizens:
Senior Citizens get an extra 0.55% interest for FDs (less than Rs. 3 crore) with a tenure of 15 months to 18 months .
ICICI Bank FD Interest Rates Note:
FD interest rates are subject to change without prior notice.
The revised interest rates will apply to new as well as renewed FDs..
FD interest payouts will be subject to Tax Deducted at Source (TDS) as per Income Tax Laws.
If you change your account from Non-Resident to Resident, the Resident Deposit interest rates will be applicable.
NRE rates are only for tenure of 1 year or more.
Senior Citizens Fixed Deposit (FD) interest rates only apply for Domestic Fixed Deposits.
The rules below apply as per the Reserve Bank of India (RBI) guidelines in addition to the regular FD rules T&C. In case of a conflict, these terms shall prevail.
Penalty on premature/partial closure for Domestic, NRO & NRE Deposits
Interest on deposit shall be paid for the period that it has remained with the bank at the rate that prevailed for Deposits at the time of booking the Deposit and not at the contracted rate and after deduction of applicable penalty as mentioned below.
No interest if you withdraw the entire deposit amount within 7 days from the date of deposit for Domestic and NRO FDs.
No interest if you withdraw NRE FDs within 1 year from the date of the deposit.
Penalties for premature withdrawal are applicable as mentioned below:
| Actual tenure of deposit (Fund held with Bank) | ||
|---|---|---|
| Less than Rs. 5 cr | Rs. 5 Cr and above | |
| Less than 1 year | 0.50% | 0.50% |
| 1 year and above but < 5 years | 1.00% | 1.00% |
| 5 years and above | 1.00% | 1.50% |
Penalty and Rules on FD Without Premature Withdrawal Facility for Domestic, NRO & NRE Deposits:
These FDs cannot be closed before their pre-determined tenure. The Bank may allow early closure only in special cases like regulatory directions or deceased claim settlements.
If early closure is allowed in these cases, no interest will be paid on the deposit. Any interest credited will be recovered from the deposit amount.
Overdraft Against Fixed Deposit (ODFD) facilities are unavailable for non-withdrawable deposits.
Interest rates and minimum deposit amounts can change without notice.
The auto-renewal facility is not available.
The minimum term for traditional NRO FDs is 3 months, and the maximum is 10 years.
The minimum term for cumulative NRO FDs without premature withdrawal facility is 6 months, and the maximum is 10 years.
The minimum term for NRE FDs is 1 year.
Contact your Relationship Manager or visit any Branch to open FD without premature withdrawal.
| Actual tenure of deposit (Fund held with Bank) | Penal rates for deposit less than ₹5.0 crore |
| Less than 1 year | 0.50% |
| 1 year & above but less than 5 years | 1.00% |
| 5 years and above | 1.00% |
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FD Interest Rate FAQs
Can I earn monthly interest on my Fixed Deposit?
Yes, you can earn a monthly interest payout on your ICICI Bank Fixed Deposit with a monthly income option. Contact your Relationship Manager for more details.
Is the interest on a Fixed Deposit taxable?
Yes, the interest you earn on your ICICI Bank Fixed Deposit is taxable as per your income bracket and subject to the Tax Deducted at Source (TDS) as per the Income Tax laws. You can opt for a Tax Saver Fixed Deposit, where you can save taxes up to ₹46,800.
How much interest can I earn on my Fixed Deposit?
You can earn a minimum interest of up to 3.00% per annum and a maximum interest of up to 7.20% per annum on your ICICI Bank Fixed Deposit. ICICI Bank stands out as a reliable choice with one of the best FD rates in India, providing you with secure and lucrative investment options.
