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ICICI Bank FD Interest Rates 2025
ICICI Bank offers Fixed Deposit interest rates ranging from 3.00% to 6.60% p.a. for general citizens and 3.50% to 7.10% p.a. for senior citizens aged 60 and above. The FD tenures are flexible, starting from 7 days to 10 years, making it suitable for both short-term and long-term investments.
ICICI Bank FD Interest Rates Overview
Minimum Deposit
₹10,000
Maximum Deposit
No Limit
Lock In Period
12 Months
Tenure
7 Days - 10 Years
Interest for Senior Citizens
Extra 0.50% P.A
Latest ICICI FD Interest Rates - Effective June 25, 2025
Interest Rates on Domestic, NRO and NRE Deposits (less than Rs. 3 crore)
| Tenure | General Public | Senior Citizens |
|---|---|---|
| Interest Rate (p.a.) | Interest Rate (p.a.) | |
| 7 days to 45 days | 3.00% | 3.50% |
| 46 days to 90 days | 4.00% | 4.50% |
| 91 days to 184 days | 4.50% | 5.00% |
| 185 days to 270 days | 5.50% | 6.00% |
| 271 days to < 1 Year | 5.75% | 6.25% |
| 1 Year to < 15 Months | 6.25% | 6.75% |
| 271 Days to < 1 Year | 6.00% | 6.50% |
| 15 Months to < 18 Months | 6.35% | 6.85% |
| 18 months to 2 Years | 6.50% | 7.00% |
| 2 Years 1 Day to 5 Years | 6.60% | 7.10% |
| 5 Years 1 Day to 10 Years | 6.60% | 7.10% |
| 5Y (Tax Saver FD) | 6.60% | 7.10% |
- NRE FD rates are available only for tenures of 1 year and above.
- Senior Citizen rates apply only to Domestic FDs, not to NRE accounts.
ICICI FD Interest Rates for NRE, NRO & Domestic Deposits Above ₹3 Cr to <5 Cr
| With Premature Withdrawal | Tenure | Without Premature Withdrawal | ||
|---|---|---|---|---|
| General Citizen (p.a.) | Senior Citizen (p.a.) | General Citizen (p.a.) | Senior Citizen (p.a.) | |
| 4.00% | 4.00% | 7 to 29 Days | 4.00% | 4.00% |
| 4.75% | 4.75% | 30 to 45 Days | 4.75% | 4.75% |
| 5.00% | 5.00% | 46 to 60 Days | 5.00% | 5.00% |
| 5.00% | 5.00% | 61 to 90 Days | 5.25% | 5.25% |
| 5.25% | 5.25% | 91 to 120 Days | 5.35% | 5.35% |
| 5.25% | 5.25% | 121 to 184 Days | 5.35% | 5.35% |
| 5.50% | 6.00% | 185 to 270 Days | 5.60% | 5.60% |
| 5.75% | 6.25% | 271 Days to < 1 Year | 5.85% | 5.85% |
| 6.25% | 6.75% | 1 Year to 389 Days | 6.35% | 6.35% |
| 6.25% | 6.75% | 390 Days to < 15 Months | 6.35% | 6.35% |
| 6.35% | 6.85% | 15 Months to < 18 Months | 6.40% | 6.40% |
| 6.50% | 7.00% | 18 Months to 2 Years | 6.55% | 6.55% |
| 6.60% | 7.10% | 2 Years 1 Day to 5 Years | 6.65% | 6.65% |
| 6.60% | 7.10% | 5 Years 1 Day to 10 Years | 6.65% | 6.65% |
NRE FD rates are available only for tenures of 1 year and above.
Senior Citizen rates apply only to Domestic FDs, not to NRE accounts.
ICICI Bank FD Rates for ₹5 Cr to <₹5.10 Cr – Domestic, NRO & NRE
| With Premature Withdrawal | Tenure | Without Premature Withdrawal | ||
|---|---|---|---|---|
| General Citizen (p.a.) | Senior Citizen (p.a.) | General Citizen (p.a.) | Senior Citizen (p.a.) | |
| 4.00% | 4.00% | 7 to 29 Days | 4.00% | 4.00% |
| 4.00% | 4.75% | 30 to 45 Days | 4.75% | 4.75% |
| 4.00% | 5.00% | 46 to 60 Days | 5.00% | 5.00% |
| 4.00% | 5.00% | 61 to 90 Days | 5.25% | 5.25% |
| 4.00% | 5.25% | 91 to 120 Days | 5.35% | 5.35% |
| 4.00% | 5.25% | 121 to 184 Days | 5.35% | 5.35% |
| 4.00% | 6.00% | 185 to 270 Days | 5.60% | 5.60% |
| 5.75% | 6.25% | 271 Days to < 1 Year | 5.85% | 5.85% |
| 4.25% | 6.75% | 1 Year to 389 Days | 6.35% | 6.35% |
| 4.25% | 6.75% | 390 Days to < 15 Months | 6.35% | 6.35% |
| 4.25% | 6.85% | 15 Months to < 18 Months | 6.40% | 6.40% |
| 4.25% | 6.85% | 18 Months to 2 Years | 6.55% | 6.55% |
| 4.25% | 7.10% | 2 Years 1 Day to 5 Years | 6.65% | 6.65% |
| 4.25% | 7.10% | 5 Years 1 Day to 10 Years | 6.65% | 6.65% |
Types of ICICI Bank Fixed Deposits
1. Regular Fixed Deposit
This is the standard FD account, offering flexibility in terms of deposit amount and tenure.
Key Features:- Tenure: 7 days to 10 years.
- Minimum Deposit: ₹10,000 (₹5,000 for online deposits).
- Premature withdrawal allowed (penalty applicable).
- Interest: Credited monthly, quarterly, or at maturity.
- An overdraft facility is available against your FD for instant liquidity.
2. Tax-Saving Fixed Deposit
Built to offer tax-saving opportunities under Section 80C of the Income Tax Act.
Key Features:- Tenure: Fixed 5 years.
- Minimum Deposit: ₹10,000.
- Maximum Deposit: Up to ₹1.5 lakh per financial year (available for tax deductions).
- Lock-in period: 5 years (no premature withdrawal).
- Ideal for individuals seeking tax benefits and long-term savings.
3. Money Multiplier FD
Offers the advantages of a fixed deposit along with the accessibility of a savings account.
Key Features:- Link your FD to a savings account for automatic transfers when needed.
- This account can be initiated with a minimum deposit term of 1 year.
- A minimum investment of ₹5,000 is needed to open the account.
- For individual customers, the facility allows automatic reverse-sweep if the linked Savings Account balance drops below ₹10,000.
- In case of a reverse-sweep, Fixed Deposits will be liquidated using the Last-In, First-Out (LIFO) method.
- Unused funds in the FD benefit from higher interest earnings.
- Premature withdrawal allowed.
4. Standalone Fixed Deposit - No Savings Account Needed!
Now you can open a Fixed Deposit account instantly, without the hassle of maintaining a savings account. Enjoy the full benefits of an FD independently, from the comfort of your home or office.
- Start with just ₹10,000 -Begin your FD journey with a minimum deposit of ₹10,000.
- Flexible Tenure -Choose a minimum lock-in period of 6 months.
- Attractive Interest Rates -Grow your money with competitive returns.
- 100% Digital & Paperless KYC - Complete your KYC process instantly online.
- Freedom to Withdraw Early -Need funds before maturity? Premature withdrawal is allowed.
5. Senior Citizen FD
Specifically for individuals aged 60 years and above, offering higher interest rates.
Key Features:- Additional 0.50% p.a. interest over regular rates.
- Exclusive "Golden Years Scheme" for higher returns on 15-18 month tenures (extra 0.05%, making it 0.55% higher than regular rates).
- Flexible tenure options up to 10 years.
6. Monthly Payout FD
- Fixed Monthly Income: Get assured monthly interest payouts—ideal for regular expenses or retirement needs.
- Safe Investment: Guaranteed returns with no market risk exposure.
- Retirement-Friendly: Helps preserve your corpus while ensuring steady post-retirement income.
- Low Minimum Deposit:Start with just ₹10,000.
- Flexible Tenure:Choose between 3 months to 10 years.
- Liquidity Option: Allows premature or partial withdrawal during emergencies.
7. iWish Flexible RD (Recurring Deposit)
A flexible recurring deposit option that combines FD benefits with the convenience of regular savings.
Key Features:- No fixed monthly instalments; deposit as per convenience.
- Earn FD-like interest rates.
- Goal-based savings option available.
Benefits of Investing in ICICI Bank Fixed Deposits
1. Attractive and Competitive Interest RatesICICI Bank offers attractive interest rates on FDs, ranging up to 7.25% p.a. for general citizens and 7.80% p.a. for senior citizens in the Golden Years Scheme.
2. Flexible TenuresOpt for a wide selection of tenures, from 7 days to 10 years, designed to meet both short-term and long-term investment needs.
3. Safety and SecurityWith deposit insurance of ₹5 lakh per depositor under the DICGC, ICICI Bank FDs are a highly secure investment choice.
4. Premature Withdrawal OptionMost FDs offer the flexibility of premature withdrawal (penalty may apply), ensuring liquidity in emergencies.
5. Tax-Saving OptionsThe Tax-Saving FD provides tax benefits under Section 80C of the Income Tax Act, making it ideal for long-term savings and tax planning.
6. Senior Citizen BenefitsSenior citizens enjoy an additional 0.50% interest on all tenures, with up to 7.80% p.a. under specific schemes.
7. Liquidity Options with Sweep-In/Partial WithdrawalWith features like Flexi FD and Sweep-In Facility, you can enjoy the benefits of liquidity while earning higher returns on surplus funds.
8. Flexible Interest PayoutsChoose from monthly, quarterly, or reinvestment options for interest payouts to suit your cash flow needs.
9. Easy Accessibility and ManagementOpen, manage, and renew FDs easily via ICICI Bank branches, internet banking, and mobile apps.
10. Specialised Options for NRIsNon-Resident Indians (NRIs) can invest in NRE, NRO, or FCNR deposits, offering attractive returns and tax benefits on specific accounts.
11. Loan and Overdraft FacilitiesAvail loans or overdrafts against your FD without breaking it, ensuring continued earning on your deposit.
12. Reliable Compounding GrowthReinvestment FDs allow you to earn compound interest, significantly growing your wealth over time.
Penalty Charges on Premature Withdrawal of Fixed Deposits
If you withdraw your fixed deposit from ICICI Bank before the maturity date, you will be charged a penalty.
- Interest Calculation:The interest you earn will be calculated based on how long you actually kept your money deposited. This interest rate will be lower than the original interest rate you agreed to when you opened the deposit, or the current interest rate offered by ICICI Bank for that period, whichever is lower.
- Penalty Charges: In addition to the lower interest rate, a penalty will be applied based on the following table.
| Original Tenure of Deposit | Penalty Charges | |
|---|---|---|
| Deposits of less than Rs 5 crore | Deposits of more than Rs 5 crore | |
| 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% |
Tax on ICICI Bank FDs
The interest you earn on your ICICI Bank fixed deposit is considered income and is subject to tax according to the Income Tax Act of 1961. This tax is called Tax Deducted at Source, or TDS. Here's what you need to know about TDS on ICICI Bank fixed deposits:
- No tax is deducted: If you earn less than ₹40,000 in interest (₹50,000 for senior citizens), no tax will be deducted.
- Tax is deducted at 10%:If you earn more than ₹40,000 (₹50,000 for senior citizens) in interest, 10% of the interest will be deducted as tax.
- Higher tax for those without a PAN: If you don't provide your Permanent Account Number (PAN), 20% of your interest will be deducted as tax.
- Avoiding TDS deduction: If your annual income is less than ₹2.5 lakh, you can submit Form 15G (or Form 15H for senior citizens) to avoid having tax deducted from your interest.
- For Non-Resident Indians (NRIs): If you are an NRI investing in a Non-Resident Ordinary (NRO) fixed deposit, 30% of your interest will be subject to tax.
Disclaimer: All the features, interest rates, and other information specified above are sourced when this page was written and are subject to change. For exact information, refer to the ICICI Bank website or contact them.
Compare ICICI Bank FD Interest Rates with Other Banks
Check out the FD interest rates offered by the top banks in India:
| Bank | General Public (p.a.) | Senior Citizens (p.a.) |
|---|---|---|
| State Bank of India (SBI) | 3.05% - 6.60% | 3.55% - 7.10% |
| HDFC Bank | 2.75% - 6.60% | 3.25% - 7.10% |
| Punjab National Bank (PNB) | 3.25% - 6.70% | 3.75% - 7.20% |
| Bank of Baroda | 3.50% - 6.60% | 4.00% - 7.10% |
| Axis Bank | 3.00% - 6.60% | 3.50-7.25% |
| Canara Bank | 3.50% - 6.60% | 4.00% - 7.10% |
Frequently Asked Questions
1. What is ICICI Bank FD interest rate?
ICICI Bank provides Fixed Deposit interest rates starting from 3.00% up to 6.60% for regular customers, and between 3.50% to 7.10% for senior citizens, depending on the chosen tenure. You can invest for a duration ranging from 7 days to 10 years. Early withdrawal is allowed, and these rates are applicable for deposits under ₹3 crore, subject to revision by the bank.
2. What is the minimum and maximum deposit amount for ICICI Bank FDs?
You can open an ICICI Bank Fixed Deposit with a minimum of ₹10,000. There’s no upper limit, so you’re free to invest any amount that suits your financial goals.
3. Can I withdraw my ICICI Bank FD prematurely?
Yes, premature withdrawal is allowed for most ICICI FDs, but a penalty is applicable. The penalty ranges from 0.50% to 1.50% depending on the deposit amount and tenure.
4. Are there tax benefits for investing in ICICI Bank FDs?
The Tax-Saving FD offers benefits under Section 80C of the Income Tax Act for deposits up to ₹1.5 lakh per financial year. However, a 5-year lock-in period applies to this scheme.
5. What is the Golden Years Scheme for senior citizens?
The Golden Years Scheme provides an additional 0.05% interest (over the regular 0.50% senior citizen benefit) for deposits of 15-18 months, offering up to 7.80% p.a.
6. How is the interest on ICICI Bank FDs paid?
ICICI Bank offers flexible interest payout options, including monthly, quarterly, or at maturity, depending on your chosen scheme and investment preferences.
Disclaimer:This page includes information that has been compiled from many sources and is only offered for informational purposes. Since this type of data might change over time, we cannot guarantee that the information supplied or included within it is accurate. It is anticipated that the user would confirm with the relevant source prior to taking any choices or actions.
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