Why we need your mobile number?
We need it to confirm more details about you and advise accordingly. Our licensed experts work for you, not the insurance companies, so their advice is entirely unbiased
— No sales pitches here

ICICI Bank FD Interest Rates 2023

ICICI bank FD rates are as high as 7.1% p.a. for regular citizens and 7.65% p.a. for senior citizens for deposits below Rs. 2 crores. The FD plans offer you competitive ICICI FD interest rates in 2023 for tenures ranging from 7 days to 10 years. The bank also offers special FD interest rates for senior citizens and NRI deposits.

Read more
FEATURES
icici-bank
sbi-bank
hdfc-bank
icici-prudential-life-insurance
Returns (BEFORE TAX)
7.00%
6.5%
7.0%
Highest Return6.4%
Returns (AFTER TAX)*
4.90%
4.5%
4.9%
LIFE COVER
No
No
No
₹10 Lakh**

ICICI Bank FD Rates Dec 2023

Tenure REGULAR RATES
Current Rates
SENIOR CITIZEN
7 days to 14 days 3.00% 3.50%
15 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 120 days 4.75% 5.25%
121 days to 150 days 4.75% 5.25%
151 days to 184 days 4.75% 5.25%
185 days to 210 days 5.75% 6.25%
211 days to 270 days 5.75% 6.25%
271 days to 289 days 6.00% 6.50%
290 days to less than 1 year 6.00% 6.50%
1 year to 389 days 6.70% 7.20%
390 days to less than 15 months 6.70% 7.20%
15 months to less than 18 months 7.10% 7.65%
18 months to 2 years 7.10% 7.65%
2 years 1 day to 3 years 7.00% 7.50%
3 years 1 day to 5 years 7.00% 7.50%
5 years 1 day to 10 years 6.90% 7.50%

FD interest rates have been declining over last few years and is expected to further fall, as Indian economy grows in coming years.

5 Yrs FD rate - Historical trend

ICICI Fixed Return Plans

For investors looking for a fixed return investment option, ICICI offers Guaranteed return plans as well which can be considered as an alternative to FD. These plans offer higher returns and come with an additional benefit of life cover for ensuring financial security for the investors family.

You Give

₹10 Lac

You Get

1.81 Times

₹18.1 Lac

in 15th Year

You Give

₹10 Lac

You Get

3.89 Times

₹38.9 Lac

₹7.95 K/ month for 30 Years
Note : You give Rs 1L per yr for 10 Yrs
Comparison Between
Fixed Deposits, Guaranteed Return Plans & Debt Mutual Fund
Guaranteed Return Plans, Fixed Deposits &
Debt Mutual Fund
Guaranteed Return Plans
Returns Before Tax
7.5% (TAX-FREE)
Returns After Tax
7.5%
Guaranteed Returns
Yes
Life Cover
Yes
Tax on Profit
Tax Free*
Risk
No Risk
awards
Still Better than FD’s and Debt Mutual Fund
Fixed Deposits
Returns Before Tax
7% (TAXABLE)
Returns After Tax
4.8%
Guaranteed Returns
Yes
Life Cover
No
Tax on Profit
Taxable
Risk
Low Risk
Debt Mutual Fund
Returns Before Tax
8% (TAXABLE)
Returns After Tax
5.5%
Guaranteed Returns
No
Life Cover
No
Tax on Profit
Taxable
Risk
High Risk
VIEW PLANS
*For annual premium upto ₹5 Lacs
fd return beater
FD Calculator

Total Investment

₹500 ₹30L
Enter Total Investment

Rate of Interest (Yearly)

1% 15%
Rate of Interest (Yearly)

Time Period

1 Year 15 Years
Enter Time Period
Total Investment
Interest Earned
Maturity Amount
Compare FD Interest Rates of Top Financial Institutions
BANKS GENERAL CITIZENS SENIOR CITIZEN
ICICI Bank FD Rates 3.00% - 7.10% 3.50% - 7.65%
HDFC Bank FD Rates 3.00% - 7.20% 3.50% - 7.75%
SBI Bank FD Rates 3.00% - 7.10% 3.50% - 7.60%
Axis Bank FD Rates 3.00% - 7.10% 3.50% - 7.75%
PNB FD Rates 3.50% - 7.25% 4.00% - 7.75%
Yes Bank FD Rates 3.25% - 7.75% 3.75% - 8.25%
Kotak Mahindra FD Rates 2.75% - 7.25% 3.25% - 7.75%
Bandhan Bank FD Rates 3.00% - 5.00% 3.75% - 5.75%
Union Bank of India FD Rates 3.00% - 7.00% 3.50% - 7.50%
Indusind Bank FD Rates 3.50% - 7.85% 4.25% - 8.25%
Canara Bank FD Rates 4.00% - 7.25% 4.00% - 7.75%
Bank of Baroda FD Rates 3.00% - 7.25% 3.50% - 7.75%
IDFC Bank FD Rates 3.00% - 7.50% 3.50% - 8.00%
Indian Bank FD Rates 2.80% - 6.70% 2.80% - 7.20%
DBS Bank FD Rates 2.50% - 5.50% 2.50% - 5.50%
UCO Bank FD Rates 2.55% - 5.05% 3.80% - 6.30%
Bank of India FD Rates 3.00% - 7.25% 3.00% - 7.75%
IDBI Bank FD Rates 2.90% - 5.30% 3.40% - 5.90%
Central Bank of India FD Rates 2.75% - 5.15% 3.25% - 5.65%
Show More

Allahabad Bank FD Interest Rates

Allahabad Bank FD Interest Rates

Andhra Bank FD Interest Rates

Andhra Bank FD Interest Rates

Assam Gramin Vikash Bank FD Interest Rates

Assam Gramin Vikash Bank FD Interest Rates

AU Small Finance Bank FD Interest Rates

AU Small Finance Bank FD Interest Rates

Axis Bank FD Interest Rates

Axis Bank FD Interest Rates

Bajaj Finance FD Interest Rates

Bajaj Finance FD Interest Rates

Bandhan Bank FD Interest Rates

Bandhan Bank FD Interest Rates

Bangiya Gramin Vikash Bank FD Interest Rates

Bangiya Gramin Vikash Bank FD Interest Rates

Bank of Baroda FD Interest Rates

Bank of Baroda FD Interest Rates

Bank of Ceylon FD Interest Rates

Bank of Ceylon FD Interest Rates

Bank of India FD Interest Rates

Bank of India FD Interest Rates

Bank of Maharashtra FD Interest Rates

Bank of Maharashtra FD Interest Rates

Baroda Gujarat Gramin Bank FD Interest Rates

Baroda Gujarat Gramin Bank FD Interest Rates

Canara Bank FD Interest Rates

Canara Bank FD Interest Rates

Capital Small Finance Bank FD Interest Rates

Capital Small Finance Bank FD Interest Rates

Central Bank of India FD Interest Rates

Central Bank of India FD Interest Rates

Citibank FD Interest Rates

Citibank FD Interest Rates

City Union Bank FD Interest Rates

City Union Bank FD Interest Rates

Corporation Bank FD Interest Rates

Corporation Bank FD Interest Rates

Dakshin Bihar Gramin Bank FD Interest Rates

Dakshin Bihar Gramin Bank FD Interest Rates

DBS Bank FD Interest Rates

DBS Bank FD Interest Rates

Dena Bank FD Interest Rates

Dena Bank FD Interest Rates

Dhanlaxmi Bank FD Interest Rates

Dhanlaxmi Bank FD Interest Rates

Equitas Small Finance Bank FD Interest Rates

Equitas Small Finance Bank FD Interest Rates

ESAF Small Finance Bank FD Interest Rates

ESAF Small Finance Bank FD Interest Rates

Fixed Deposit Account Advantages and Disadvantages

Fixed Deposit Account Advantages and Disadvantages

HDFC Bank FD Interest Rates

HDFC Bank FD Interest Rates

HSBC FD Interest Rates

HSBC FD Interest Rates

IDBI Bank FD Interest Rates

IDBI Bank FD Interest Rates

IDFC First Bank FD Interest Rates

IDFC First Bank FD Interest Rates

Indian Bank FD Interest Rates

Indian Bank FD Interest Rates

Indian Overseas Bank FD Interest Rates

Indian Overseas Bank FD Interest Rates

IndusInd Bank FD Interest Rates

IndusInd Bank FD Interest Rates

Jana Small Finance Bank FD Interest Rates

Jana Small Finance Bank FD Interest Rates

Karnataka Bank FD Interest Rates

Karnataka Bank FD Interest Rates

Kerala Gramin Bank FD Interest Rates

Kerala Gramin Bank FD Interest Rates

Kotak Mahindra Bank FD Interest Rates

Kotak Mahindra Bank FD Interest Rates

Lakshmi Vilas Bank FD Interest Rates

Lakshmi Vilas Bank FD Interest Rates

Muthoot Capital

Muthoot Capital

Nainital Bank FD Interest Rates

Nainital Bank FD Interest Rates

Odisha Gramya Bank FD Interest Rates

Odisha Gramya Bank FD Interest Rates

Paschim Banga Gramin Bank FD Interest Rates

Paschim Banga Gramin Bank FD Interest Rates

Paytm Payments Bank FD Interest Rates

Paytm Payments Bank FD Interest Rates

PNB FD Interest Rates

PNB FD Interest Rates

Prathama UP Gramin Bank FD Interest Rates

Prathama UP Gramin Bank FD Interest Rates

RBL Bank FD Rates

RBL Bank FD Rates

Saurashtra Gramin Bank FD Interest Rates

Saurashtra Gramin Bank FD Interest Rates

SBI FD Interest Rates

SBI FD Interest Rates

Shriram Finance FD Interest Rates

Shriram Finance FD Interest Rates

State Bank of Hyderabad FD Interest Rates

State Bank of Hyderabad FD Interest Rates

State Bank of Mysore FD Interest Rates

State Bank of Mysore FD Interest Rates

State Bank of Travancore FD Interest Rates

State Bank of Travancore FD Interest Rates

Syndicate Bank FD Interest Rates

Syndicate Bank FD Interest Rates

Tamil Nadu Grama Bank FD Interest Rates

Tamil Nadu Grama Bank FD Interest Rates

Telangana Grameena Bank FD Interest Rates

Telangana Grameena Bank FD Interest Rates

Tripura Gramin Bank FD Interest Rates

Tripura Gramin Bank FD Interest Rates

UCO Bank FD Interest Rates

UCO Bank FD Interest Rates

Ujjivan Small Finance Bank FD Interest Rates

Ujjivan Small Finance Bank FD Interest Rates

Union Bank of India FD Interest Rates

Union Bank of India FD Interest Rates

Uttar Bihar Gramin Bank FD Interest Rates

Uttar Bihar Gramin Bank FD Interest Rates

Uttarakhand Gramin Bank FD Interest Rates

Uttarakhand Gramin Bank FD Interest Rates

Vijaya Bank FD Interest Rates

Vijaya Bank FD Interest Rates

Yes Bank FD Interest Rates

Yes Bank FD Interest Rates

Expand

About ICICI Bank FD Rates 2023

ICICI Bank FD Scheme allows people to invest a part of their salary towards financial growth.

ICICI Bank offers multiple FD interest rate options, including Regular FD, tax-saver fixed deposits, and senior citizen fixed deposits. The bank also provides online banking and loan facilities options. 

The ICIC 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?

  • ICICI Bank FD Interest Rate for Deposits Between Rs. 2 – 5 Crores (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 14 days 4.75% 4.75%
    15 days to 29 days 4.75% 4.75%
    30 days to 45 days 5.50% 5.50%
    46 days to 60 days 5.75% 5.75%
    61 days to 90 days 6.00% 6.00%
    91 days to 120 days 6.50% 6.50%
    121 days to 150 days 6.50% 6.50%
    151 days to 184 days 6.50% 6.50%
    185 days to 210 days 6.65% 6.65%
    211 days to 270 days 6.65% 6.65%
    271 days to 289 days 6.75% 6.75%
    290 days to less than 1 year 6.75% 6.75%
    1 year to 389 days 7.25% 7.25%
    390 days to < 15 months 7.25% 7.25%
    15 months to < 18 months 7.05% 7.05%
    18 months to 2 years 7.05% 7.05%
    2 years 1 day to 3 years 7.00% 7.00%
    3 years 1 day to 5 years 7.00% 7.00%
    5 years 1 day to 10 years 7.00% 7.00%
    5 Years (80C FD) – Max to `1.50 lac NA NA

    *NRE FD Rates are applicable from 1 year & above tenure only.
    **Rates for Senior Citizens are applicable only for domestic deposits.

  • ICICI Bank FD Rates for Deposits Between Rs. 2 Crores - Rs. 5 Crores without Premature Withdrawal (Domestic/ NRO/ NRE)

    Tenure FD Interest Rates for Regular Citizens (in % p.a.)
    7 days - 14 days 4.75%
    15 days - 29 days 4.75%
    30 days - 45 days 5.50%
    46 days - 60 days 5.75%
    61 days - 90 days 6.00%
    91 days - 120 days 6.85%
    121 days - 150 days 6.85%
    151 days - 184 days 6.85%
    185 days - 210 days 7.15%
    211 days - 240 days 7.15%
    241 days – 270 days 7.15%
    271 days - 300 days 7.15%
    301 days – 330 days 7.25%
    331 days - < 1 year 7.12%
    1 year - 389 days 7.45%
    390 days - < 15 months 7.45%
    15 months - < 18 months 7.45%
    18 months - 2 years 7.25%
    2 years 1 day - 3 years 7.20%
    3 years 1 day - 5 years 7.20%
    5 years 1 day - 7 years 7.20%
    7 years 1 day – 10 years 7.20%

    *NRE FD Rates are applicable from 1 year & above tenure only.
    **Rates for Senior Citizens are applicable only for domestic deposits.

  • ICICI Bank FCNR (B) FD Interest Rates as of 18th October 2023

    Currency US $ GB £ CA $ AU $ SG $
    12 month 5.60 5.10 4.80 4.25 3.50
    >12 months < 15 months 5.00 5.00 4.50 4.00 3.50
    >=15 months < 24 months 4.75 4.50 4.25 4.00 3.00
    >= 24 months < 36 months 4.25 4.50 3.75 3.75 2.75
    >= 36 months < 48 months 4.00 NA NA NA NA
    >= 48 months < 60 months 3.75 NA NA NA NA
    60 months 3.75 NA NA NA NA
  • ICICI Bank RFC FD Rates 2023

    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 5.60% 5.10%
    >1 year < 15 months 5.00% 5.00%
    >=15 months < 2 years 4.75% 4.50%
    >= 2 years < 3 years 4.25% 4.50%
    3 years 4.00% N/A
  • 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.
  • 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

    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
    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
    Last In, First Out (LIFO) Basis Reverse sweep of funds will be based on Last-In, First-Out Fixed Deposit
    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
    Maximum Deposits to Avail Tax Benefits Rs. 1.5 lakhs
    Tax Benefits
    • On Investments of up to Rs. 1.5 lakhs
    • Tax deductions u/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 
    Last-In, First-Out (LIFO) Rule Reverse sweep facility of FDs is carried out on Last-In and First-Out (LIFO) basis
    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 

    ICICI FD Interest Rates 2023 for FD Xtra (Non-Callable Deposits of up to Rs. 2 Crores)

    Tenure FD Interest Rates for General Citizens (in % p.a.) FD Interest Rates for Senior Citizens (in % p.a.)
    7 days - 14 days 3.00% 3.50%
    15 days - 29 days 3.00% 3.50%
    30 days - 45 days 3.50% 4.00%
    46 days - 60 days 4.00% 4.50%
    61 days - 90 days 4.50% 5.00%
    91 days - 120 days 4.75% 5.25%
    121 days - 184 days 4.75% 5.25%
    185 days - 289 days 5.50% 6.00%
    290 days - < 1 year 5.75% 6.25%
    1 year - 389 days 6.60% 7.10%
    390 days - < 15 months 6.60% 7.10%
    15 months - < 18 months 7.00% 7.50%
    18 months - 2 years 7.00% 7.50%
    2 years 1 day - 3 years 7.00% 7.50%
    3 years 1 day - 5 years 7.00% 7.50%
    5 years 1 day - 10 years 6.90% #7.50%
    5 Years (80C FD) – Allows maximum deposits of up to Rs. 1.50 lakhs 7.00% 7.50%

    #Exclusive Special ICICI Bank FD rates for Golden Years FD: Effective from 16 December 2022

  • Eligibility Criteria for ICICI Bank FD 2023 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)
  • 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.

  • In Brief

    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?
Is LIC better than FD?
What are the ICICI Bank FD rates for senior citizens' FDs?
Is it possible to deposit an additional amount in ICICI Fixed Deposits?
What is the term duration for an ICICI Bank FD Account?
What is the minimum limit to open a Fixed Deposit with ICICI Bank?
Who is eligible for opening an FD account in ICICI Bank?
What will happen if i open my fixed deposit account without a Pan Card?
Can I change the term of my current ICICI FD account?

* Tax adjustment considering income tax slab of 30%
** Life cover for a plan with an annualized premium of Rs 1L
+ Trad plans with a premium above 5 lakhs would be taxed as per applicable tax slabs post 31st march 2023
#Discount offered by insurance company
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

FD Rates articles

Recent Articles
Popular Articles
Tax Saver Fixed Deposit for Section 80C Deductions

24 Nov 2023

A Tax Saving Fixed Deposit is a financial instrument designed to
Read more
Banks in India

31 Aug 2023

Banks in India play an important role in the country's financial
Read more
Karur Vysya Bank FD Interest Rates

14 Aug 2023

Karur Vysya Bank or KVB FD interest rates range from 4.00% to
Read more
एचडीएफसी एफडी ब्याज दरें

10 Jul 2023

एचडीएफसी एफडी ब्याज
Read more
FD Vs PF, EPF, VPF

18 Apr 2023

Savings and emergency funds are two crucial aspects of financial
Read more
Application for Withdrawal of Fixed Deposit
Fixed Deposits are the safest investment instruments. You invest the amount of your choice as the fixed deposit
Read more
Fixed Deposit Monthly Income Scheme
The monthly income scheme of Fixed Deposit has gained popularity among investors. It is considered liquid as it
Read more
SBI Fixed Deposit Monthly Income Scheme
Fixed deposits are the safest investment vehicles for Indian financial planners. You can open a fixed deposit
Read more
SBI Fixed Deposit Double Scheme
The SBI Fixed Deposit Double Scheme is named Special Term Deposit to cater to investors looking to double their
Read more
ICICI FD Premature Withdrawal Penalty Calculator
ICICI offers various fixed deposit schemes which are highly liquid. The fixed deposit schemes allow partial
Read more

Get Guaranteed returns upto 7.5%*

Fully Tax-Free unlike FD, and Life Cover Included

*T&C Applied.

top
Close
Download the Policybazaar app
to manage all your insurance needs.
INSTALL