ICICI Bank NRE FD Rates

ICICI Bank NRE FD rates currently range from 6.25% to 6.50% p.a., effective from September 30, 2026, for deposits below ₹3 crore. The rates vary with respect to different tenures, ranging from 1 year to 10 years.

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Latest ICICI NRE Deposit Interest Rates

The highest ICICI NRE FD Interest Rates are up to 6.50% p.a. on tenure of 3 years 1 day to 10 years, including the 5-year Tax Saver FD, effective from September 1, 2026:

Tenure Interest Rate (p.a.)
1 Year to < 18 Months 6.25%
18 Months to 2 Years 6.30%
2 Years 1 Day to 3 Years 6.45%
3 Years 1 Day to 5 Years 6.50%
5 Years 1 Day to 10 Years 6.50%
5 Years (Tax Saver FD) 6.50%

*ICICI Bank NRE FD Interest Rates w.e.f. 30th September 2026.

How are ICICI NRE FD Rates Decided?

ICICI Bank NRE FD rate depends primarily on the tenure selected. Apart from this, the bank also considers the existing market conditions along with guidelines of RBI while deciding these rates. Hence, rates do not remain fixed and the revisions happen from time to time. Since these rates get revised from time to time, what actually applies to an ICICI NRE account is whichever rate is in effect on the day you book the deposit. Always check the current rate card before booking.

ICICI NRE Bulk Deposit Rates (₹3 Cr. to less than ₹5 Cr.)

Below are the current ICICI Bank Bulk NRE FD interest rates, effective from September 1,2026:

Tenure With Premature Withdrawal Facility (p.a.) Without Premature Withdrawal Facility (p.a.)
1 Year to 389 Days 6.25% 6.60%
390 Days to < 18 Months 6.25% 6.60%
18 Months to 2 Years 6.30% 6.60%
2 Years 1 Day to 3 Years 6.45% 6.60%
3 Years 1 Day to 5 Years 6.50% 6.60%
5 Years 1 Day to 10 Years 6.50% 6.60%

ICICI Bank NRE FD Interest Rates w.e.f. 01st September 2026.

Key Features of ICICI Bank NRE FD

ICICI Bank NRE FD gives unique features and makes investing more favourable for investors. Some of the key features are mentioned below:

  • Premature withdrawal: Early withdrawal facility is provided in case of urgent needs. However, if an NRE FD is withdrawn before completing one year, no interest is payable.
  • Fully and freely repatriable: Both principal and interest may be remitted to your country of residence without any limit as per normal FEMA rules.
  • Completely tax-free interest: Interest earned from NRE FDs is tax-exempt in India if the account holder qualifies as an NRI, subject to applicable conditions.
  • Loan/overdraft facility: You may use the ICICI loan against FD facility without closing your FD. This is a convenient way of obtaining liquidity without affecting the tenor advantage.
  • Digital opening: The NRE FD can be opened online through Net Banking or iMobile of ICICI Bank.

Calculate Returns Using an ICICI FD Interest Calculator

If you use an ICICI Bank FD calculator, you just need to enter your deposit amount and tenure, and it shows you the interest you'll earn and the final maturity amount. Since NRE FD interest is tax-free and same as ICICI FD rates, whatever it shows is what you actually get. It's a simple way to compare tenures before you decide fixed deposit.

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FAQs

  • What is the current ICICI NRE FD interest rate?

    In case of no premature withdrawal facility in eligible slabs, the maximum interest rate charged on ICICI NRE FD bulk deposits ranging from ₹3 crore to below ₹5 crore is 6.50% p.a. Interest rate charged depends on the duration selected and rate charged by ICICI Bank on the booking date.
  • What happens when I close my ICICI Bank NRE FD prior to 1 year?

    In the case of ICICI NRE FD, the deposit cannot be withdrawn before 1 year has passed and in that case, no interest is paid. The NRE FDs have a minimum duration of one year and interest will not be paid on a premature withdrawal that is less than one year although the deposit may have taken months to be invested.
  • Can the maturity amount be calculated using the ICICI online calculator?

    Yes. Simply enter the deposit amount and tenure and calculate instantly to get the maturity value. For example, a ₹5 lakh NRE FD for 3 years 1 day at 6.50% would have a maturity value of ₹6,06,812.
  • What is the maximum ICICI NRE FD Rate for NRIs?

    ICICI Bank offers NRIs a maximum interest rate of 6.50% p.a. with a premature withdrawal facility. It is valid for a tenure of 3 years to 10 years, subject to the applicable terms and conditions. Selecting the tenure provides higher rates of interest.
  • Does the maturity amount change if interest rates change during my tenure?

    No. The interest rate at which your FD earns interest is the one that you had booked it at, and not the interest rate later. For example, if someone has invested in NRE FD at an FD interest rate of 6%, they will get the final amount with regard to this rate irrespective of rate changes after the investment.
  • What is the highest FD interest rate at which premature withdrawal is allowed?

    The highest FD rates for the bucket of ₹3 crore to less than ₹5 crore, where premature withdrawal facility is available, are 6.50% p.a. This is applicable to the tenure in the listed slabs. The applicable rates may vary on the basis of tenure.

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