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    Recurring Deposit Interest Rates

    EXPAND ALL | COLLAPSE ALL

    Recurring Deposit Interest Rates Based on Tenure

    Maturity Period Rate of Interest (% p.a.) w.e.f 02 August, 2024
    General Senior Citizen
    6 months 4.75% 5.25%
    9 months 6.00% 6.50%
    12 months 6.70% 7.20%
    15 months 7.25% 7.80%
    18 months 7.25% 7.75%
    21 months 7.25% 7.75%
    24 months 7.25% 7.75%
    27 months 7.00% 7.50%
    30 months 7.00% 7.50%
    33 months 7.00% 7.50%
    36 months 7.00% 7.50%
    Above 3 years upto 5 years 7.00% 7.50%
    Above 5 years upto 10 years 6.90% 7.40%

     

    Note:

    • Recurring Deposits will be available for a minimum tenure of 6 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years.
    • As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD
    • For terms & conditions and any other details, please contact your nearest ICICI Bank Branch.

    Penalty on Delayed RD Installment

    • Penalty is charged at monthly interest at the rate of ₹12 per ₹1000 for all delayed installments.
    • Fraction of a month will be treated as full month for the purpose of calculating such interest.
    • The total interest so chargeable shall be recovered from the total amount of interest payable at the time of maturity. 

    RD Interest Rates on Premature Withdrawal

    • Interest will be calculated at the rate applicable for the period the deposit has actually remained with ICICI Bank.
    • Penalty will be levied on the rate applicable as per the table below

     

    Original Tenure of Deposit Penal Rates*
    Less than ₹5.0 crore ₹5.0 crore & above
    Less than 1 year 0.50% 0.50%
    1 year & above but less than 5 years 1.00% 1.00%
    5 years and above 1.00% 1.50%

    *Subject to revision without further notice.

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