About ICICI Bank FD Rates 2025
ICICI Bank FD schemes allow people to invest a part of their salary towards financial growth.
ICICI Bank offers multiple FD interest rate options, including Regular FDs, tax-saver fixed deposits, and senior citizen fixed deposits. The bank also provides online banking and loan facilities.
The ICICI FD rates can vary depending on:
- Amount of deposit
- Duration of the deposit
- Type of fixed deposit scheme chosen
People Also Read: Which Bank has the Highest Interest Rate for Fixed Deposits?
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ICICI Bank FD Interest Rate for Deposits Between Rs. <3cr (Domestic/ NRO/ NRE) with Premature Withdrawal
Tenure |
FD Interest Rates for Regular Citizens (in % p.a.) |
FD Interest Rates for Resident Senior Citizens (in % p.a.)
|
7 days to 29 days |
3.00% |
3.50% |
30 days to 45 days |
3.50% |
4.00% |
46 days to 60 days |
4.25% |
4.75% |
61 days to 90 days |
4.50% |
5.00% |
91 days to 184 days |
4.75% |
5.25% |
185 days to 270 days |
5.75% |
6.25% |
271 days to less than 1 year |
6.00% |
6.50% |
1 year to < 15 months |
6.70% |
7.20% |
15 months to < 18 months |
7.25% |
7.85% |
18 months to 2 years |
7.25% |
7.75% |
2 years 1 day to 5 years |
7.00% |
7.50% |
5 years 1 day to 10 years |
6.90% |
7.40% |
5 Years (Tax Saver FD) |
7.00% |
7.50% |
*NRE FD Rates are applicable from 1 year & above tenure only.
**Rates for Senior Citizens are applicable only for domestic deposits.
***The extra 0.60% senior citizens FD rate is for FDs (less than Rs. 3 crore) with a tenure of 15 months to 18 months.
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ICICI Bank FCNR (B) FD Interest Rates(% P.a.) w.e.f 28th March 2024
Tenure |
Currency |
- |
US $ < 400000 |
US $ >= 400000 to < 1000000 |
US $ >=1000000 to < 2500000 |
US $ >=2500000 to < 5000000 |
US $ >=5000000 |
GB £ |
AU $ |
SG $ |
CA $ < 550000 |
CA $ >= 550000 |
12 months to <24 months |
5.00 |
5.15 |
5.20 |
5.25 |
5.00 |
4.75 |
4.40 |
3.25 |
3.00 |
3.25 |
>= 24 months < 36 months |
4.00 |
4.00 |
4.00 |
4.00 |
4.00 |
4.00 |
3.75 |
2.75 |
2.50 |
2.50 |
>= 36 months < 48 months |
3.65 |
3.65 |
3.65 |
3.65 |
3.65 |
NA |
NA |
NA |
NA |
NA |
>= 48 months < 60 months |
3.30 |
3.30 |
3.30 |
3.30 |
3.30 |
NA |
NA |
NA |
NA |
NA |
60 months |
3.30 |
3.30 |
3.30 |
3.30 |
3.30 |
NA |
NA |
NA |
NA |
NA |
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ICICI Bank RFC FD Rates 2025
Tenure |
Currency |
|
US $ |
GB £ |
Overnight - up to 30 days |
**** |
**** |
30 days - < 6 months |
0.75 |
0.25 |
6 months - < 1 year |
1.00 |
0.50 |
1 year to < 2 years |
5.00 |
4.75 |
>= 2 years < 3 years |
4.00 |
4.00 |
3 years |
3.65 |
NA |
At the time of premature withdrawal of the RFC deposits, including partial withdrawals, after deducting a 1% penalty, interest shall be paid at the rate applicable to the amount and period for which the deposit remained with the bank.
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What are the Features and Benefits of the ICICI Bank FD Account?
The features and benefits of the ICICI Bank FD account are as follows:
- Guaranteed Returns: ICICI Bank assures guaranteed returns on all investments made in its FD account.
- Attractive Interest Rates: The bank offers competitive interest rates, ensuring your money grows steadily.
- Loan Facility: Account holders can avail of loans against the available balance in their FD account, providing financial flexibility when needed.
- Minimum Deposit: You can start an FD with ICICI Bank with a minimum deposit of just Rs.10,000.
- Easy Account Opening: The convenience of digital banking allows you to open an FD account anytime using Internet banking or mobile banking.
- Safety Assured: ICICI Bank ensures the utmost safety for your investments, giving you peace of mind.
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Types of ICICI Bank Fixed Deposit Schemes
Here are different types of ICICI bank FD plans offered to its eligible customers:
- Regular Fixed Deposit
- Money Multiplier Fixed Deposit
- ICICI Bank Golden Years FD
- Tax-Saver Fixed Deposit Plan
- Flexi FD for Current Account Customers
- ICICI FD Xtra
- Standalone Fixed Deposit
Types of ICICI Bank Fixed Deposit Schemes in Detail
1. ICICI Regular Fixed Deposit Scheme
Features |
Details |
Tenure |
7 days to 10 years |
FD Amount Limits |
Rs. 10,000- No Limit |
Facilities |
Premature withdrawal, Loan on FD, Auto-renewal of FD |
Benefits |
liquidity, safety, assured returns, and flexibility |
2. ICICI Money Multiplier Fixed Deposit
Features |
Details |
Inter-link Savings Account with FD Account |
- Link your Fixed Deposit scheme to your savings account
- Earn the benefits of both:
- Liquidity of a Savings Account
- High interest from Deposits account
|
Minimum Savings Account Balance |
Rs. 15,000 and 30,000 for Special Resident Savings Accounts |
Minimum Tenure of FD |
1 year |
Automatic Reverse Sweep |
- When the balance falls below the threshold limit of Rs. 10,000 in the Savings Account
- Funds get swept from the FD account to the Savings account
|
Auto-Renewal of FD |
Upon maturity, the FD gets renewed for the same tenure |
3. ICICI Bank Golden Years FD
Features |
Details |
Eligible Individuals |
Senior citizens resident in India |
FD Tenure Limit |
5 years 1 day – 10 years |
Maximum FD Amount |
Rs. 2 crores |
Exclusive ICICI FD Rates |
0.10% p.a. additional FD interest rate On fixed deposits above Rs. 5 crores Exclusive additional rates are provided over and above extra 0.50% p.a. rates for senior citizens than the regular citizens |
Applicable to FDs |
- Newly opened Single Account Holder FDs
- Renewed FDs during the scheme period
|
Premature Withdrawal or Exit |
- On Withdrawals After 5 years 1 day of FD Scheme: 1% Penal rate
- On Withdrawals Before 5 years 1 day of FD Scheme: Penalty as per Prevailing Policies of ICICI Bank
|
4. Tax-Saver Fixed Deposit Plan
Features |
Details |
Minimum FD Deposit |
Rs. 10,000 |
Tenure/ Lock-in Period |
5 years |
Interest Payout Options |
- Monthly
- Quarterly
- Re-investment with Principal
|
Tax Benefits |
- On investments of up to Rs. 1.5 lakhs tax deductions under Section 80C of the IT Act, 1961
|
5. Flexi FD for Current Account Customers
Features |
Details |
Inter-linking Current Account with FD Account |
- Gives liquidity to a Savings Account, and
- High interest earnings of a Fixed Deposit Account
|
Minimum Current Account Balance |
Rs 1.05 lakh |
Automatic Reverse Sweep Facility |
- Funds get reverse sweep from FD to Current Account
- If the Current Account balance falls below Rs. 1 lakh
|
Same Customer ID |
Customer ID of FD is the same as the Customer ID for Current Account |
Auto-Renewal of FD |
Upon maturity, the FD gets auto-renewed for the same tenure |
6. ICICI Xtra - Suite of Fixed Deposit Products
Features |
Details |
FD Life |
- Benefits of maturity returns and financial security of a Fixed Deposit
- Provides term insurance
|
FD Invest |
- Security of an FD
- Investment growth benefits of a Systematic Investment Plan (SIP) Mutual Fund
- Gives monthly interest on your investment
|
FD Income |
- Guaranteed interest of FD
- Gives monthly income for a chosen tenure
|
FD Card |
- Issues a credit card instantly on your FD
- Allows loan on FD of up to 90% of the deposits
|
7. ICICI Standalone Fixed Deposit
Features |
Details |
Pre-requisites of Savings Account |
NA |
Minimum Savings Account Balance |
Rs 10,000 |
Facilities |
Premature withdrawal available, assured returns, flexible tenure of investment: 1 week to 10 years, tax benefits, an extra 0.5% interest rate for senior citizens. |
Benefits |
Safety, loan on FD, auto-renewal of FD at maturity, premature withdrawal (full or partial). |
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Eligibility Criteria for ICICI Bank FD 2025 Investment
Below mentioned groups and individuals are eligible to open a Regular ICICI Fixed Deposit Account:
- Hindu Undivided Families (HUFs)
- Residents
- Minors u/ a Guardian
- Partnership Firms
- Sole Proprietorship Firms
- Trust Accounts
- Limited Companies
- Non-Resident Indians (NRIs)
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Documents Required for ICICI Bank FD
- Proof of Identity: Driving License, PAN Card, or Passport, Voter ID.
- Proof of Address: Bank Statement along with a cheque, electricity bill, telephone bill, or passport.
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Conclusion
ICICI Bank offers various fixed deposit (FD) schemes with different tenures and interest rates.
It is suggested to use the FD Calculator to calculate the maturity amount and interest earned on your deposits online without any hassle.
Frequently Asked Questions
How to Invest in ICICI FD Scheme?
An investor can opt for either of the following methods to invest in the ICICI FD Scheme:
Mode to Open FD Account |
Steps to Follow |
Internet Banking |
- Login to the ICICI Bank account through Internet banking
- Click on the "Accounts & Deposits"
- Select the option “Deposits”
- Click on “FD/ RD”
- Select the type of FD as per your need
- Fill in the details like:
- FD Tenure
- FD Amount, you are willing to invest (> Rs. 10,000)
- Provide nominee details
- Confirm all the details before proceeding further
- Click on the “Submit” tab
- A receipt will be generated upon the successful opening of your FD
|
Mobile Application |
- Download the ICICI iMobile app
- Sign in to the app with your credentials
- Select the “Deposit” option
- Choose the "Open Fixed Deposit" tab
- Fill in all the required details and upload the required documents
- Instantly your FD account will get opened on successful submission of the fixed deposit amount
- Download the receipt generated for future use
|
Offline Mode |
- Visit the nearest ICICI Bank branch
- Duly fill out the form for the FD Scheme of your choice
- Submit all the relevant documents of the account holder and the nominee
- Deposit the FD amount
- The branch manager provides a receipt that should be stored for future use
|
What are the ICICI Bank FD rates for senior citizens' FDs?
The ICICI FD interest rates 2025 on senior citizen fixed deposit accounts are higher compared to general FD rates. Senior citizens earn 0.5% extra interest on their fixed deposits.
Is it possible to deposit an additional amount in ICICI Fixed Deposits?
No, it is not possible to deposit extra money in your ICICI bank FD account.
What is the term duration for an ICICI Bank FD Account?
You can deposit your money for a minimum of 7 days and a maximum of 10 years.
What will happen if I open my fixed deposit account without a Pan Card?
There are certain consequences of not having a Pan card while opening a fixed deposit account-
- 20% TDS deduction will be applicable as compared to 10 percent under the purview of Sec. 206AA
- The Income-tax department will also not give you TDS credit without a PAN card
- Certificate of TDS will not be issued if you don’t have a Pan Card
- Penal TDS will also apply
- Form 15G/H all the exemption certificates and Form 15G/H will not be valid
Can I change the term of my current ICICI FD account?
ICICI bank does not allow you to change the tenure of an existing FD account. However, it is possible to close the current fixed deposit account and then open a new account with the desired tenure option.
What is the new FD rate in ICICI Bank?
The Bank offers FD interest rates ranging from 3.00 to 7.25% p.a. to the general public and 3.50-7.80% p.a. to senior citizens.