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    ICICI Bank Fixed Deposit Rates

    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7.75% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know

    ICICI Bank Fixed Deposit Rates is Rated as "Excellent!" by 252 Users

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    How to find the best rates for ICICI Bank Fixed Deposit

    It is India’s largest private sector bank that offers banking and financial services for corporate and retail customers. It is headquartered in Gujarat, India. The bank has subsidiaries in United States, Singapore, Hong Kong, Malaysia and many other countries.

    The bank offers fixed deposits at competitive rates. The bank recently announced rate cuts on select maturities of high values.

    The bank offers two kinds of investment plans for fixed deposits:

    • Traditional Plan
    • Reinvestment Plan
    ICICI Bank short-term Fixed Deposit interest rates

    The bank offers very good short term investment options that will earn good returns.

    For tenure deposits of 30 to 45 days the rate of interest offered is 5.50% p.a. The rate of interest offered for a deposit of 46 to 60 days is increased to a booming 7.00% p.a. While deposits between 61 days to 9 months earn interest at the rate of 7.75% p.a while the interest levied on a tenor of 1 year is 8.00% p.a.

    ICICI Bank medium and long term Fixed Deposit interest rates

    ICICI Bank offers significantly higher rates of returns for medium and long term fixed deposits.

    Fixed deposits of 1 year to 389 days earn interest at the rate of 8.00% p.a. The highest rate of interest offered is 8.75% p.a. for deposits of 390 days to 5 years.

    The updated list of ICICI Fixed Deposit Interest Rates, per specific tenures, is listed below:

    With Premature Withdrawal Facility

    Duration of Deposit Regular Deposit
    7 days to 14 days 4
    15 days to 29 days 4.25
    30 days to 45 days 5.5
    46 days to 60 days 6.25
    61 days to 90 days 6.25
    91 days to 120 days 6.5
    121 days to 184 days 6.75
    185 days to 289 days 6.75
    290 days to less than 1 year 7
    1 year to 389 days 7.25
    390 days to 5 years 7.25
    5 years 1 day upto 10 years 7.25
    5 Years Tax saver FD(Max upto Rs. 1.50 lac) 7.25

    *Above Interest rates are as of 27 Sep 2016

    Without Premature Withdrawal Facility

    Tenure Period Deposits of Rs 1 crore till Rs 5 crore
    7 days to 14 days 5.75
    15 days to 29 days 5.75
    30 days to 45 days 5.75
    46 days to 60 days 6
    61 days to 90 days 6
    91 days to 120 days 6.3
    121 days to 150 days 6.3
    151 days to 184 days 6.3
    185 days to 210 days 6.55
    211 days to 240 days 6.55
    241 days to 270 days 6.8
    271 days to 300 days 7.05
    301 days to 330 days 7.05
    331 days to 364 days 7.05
    1 years to 389 days 7.3
    390 days to less than 15 months 7.3
    15 months to less than 18 months 7.3
    18 months to 2 years 7.3
    2 years 1 day to 3 years 7.3
    3 years 1 day to 5 years 7.3
    5 years 1 day to 7 years 7.3
    7 years 1 day to 10 years 7.3

    *Above Interest rates are as of 27 Sep 2016

    ICICI Bank senior citizen FD rates

    The bank offers special interest rates for senior citizens. It offers an additional rate of interest of 0.50% p.a. on the normal rate of interest for senior citizens. The lowest rate of interest offered is 6.00% p.a. for a term deposit of 30 days and the highest rate of interest offered is 9.25% p.a. for a deposit of five years.

    The bank offers attractive high interest for longer and mid term deposits. Senior citizens can also take advantage of the special interest rates offered just for them.


    The updated list of ICICI Senior Citizen FD Rates, per specific tenures, is mentioned below:

    With Premature Withdrawal Facility

    Maturity Period Senior Citizen
    7 days to 14 days 4.5
    15 days to 29 days 4.75
    30 days to 45 days 6
    46 days to 60 days 6.75
    61 days to 90 days 6.75
    91 days to 120 days 7
    121 days to 184 days 7.25
    185 days to 289 days 7.25
    290 days to less than 1 year 7.5
    1 year to 389 days 7.75
    390 days to 5 years 7.75
    5 years 1 day upto 10 years 7.75
    5 Years Tax saver FD(Max upto Rs. 1.50 lac) 7.75

    *Interest rates mentioned above are as of 27/04/2016

    Know how to Link Your KYC Dcuments to ICICI Bank Account

    News About ICICI Bank Fixed Deposit

    • Fixed Deposit Rates of Interest Revised by ICICI Bank

      Some rates of interest for FDs have been revised by ICICI Bank. This is applicable for both general accounts and senior citizen accounts. For tenure of 46 days to 60 days, the rate stands at 6.25% and 6.75% for general and senior citizens, respectively. For 61 days to 90 days, the rate for general is 6.25% and the rate for senior citizen is 6.75%. For tenure of 91 days to 10 days, revised rates are 6.50% for general and 7.00% for senior citizens. The rates stand at 6.75% for general and 7.25% for senior citizens for tenure of 121 days to 184 days. The same rates are also applicable for tenure of 185 days to 289 days. For 290 days to below 1 year tenure, the rates for general accounts stand at 7.00% and rate for senior citizen account stands at 7.50%. All 3 tenures of 1 year to 389 day, 390 days to 5 years and 5 years to 10 years have general rate of 7.25% and senior citizen rate of 7.75%.

      13th September 2016

    • Interest rate cuts by ICICI Bank

      India’s largest private sector financial institution, ICICI Bank has slashed the fixed deposits interest rate by up to 55%. These revised interest rates are applicable for bulk deposit rates of over Rs 1 crore.

      As per revised rates, the new downward rate revision is between 0.10% and 0.55% on various maturities, According to the latest rate revisions, 7-14 days term deposit will now earn an interest rate of 6%. Deposits with tenure 46-60 days will earn 6.50 per cent. For longer tenures, the rate of interest on 390 days to less than 15 months and 18 months 2 years will be 7.60% and term deposit between 2 years 1 day and 10 years will be computed at 7.35%.

      1st April 2016

    • ICICI Bank reduces bulk deposits interest rates.

      ICICI Bank has reduced in interests on their bulk deposits of above Rs 1 crore, following the lending rate cut. The ICICI rate cut is up by 25% and ICICI Bank will review its lending rate in the next couple of days. Other banks have well have followed suit, like Axis Bank and IDBI Bank too have reduced their lending rates.

      1st October 2015

    • ICICI Bank Slashes Bulk Deposit Rates by 25 Basis Points

      ICICI Bank has announced rate cuts to the tune of 0.25% or 25 basis points on select maturities of high value (more than Rs. 1 crore) fixed deposits (FD). This move can be considered as a precursor to lowering of lending rates in the coming weeks.

      All fixed deposits valued at more than Rs.1 crore and with maturity periods ranging from 61 days to 150 days are expected to see cut in interest rates. The 121-150 days maturity slab will now offer 8.00% interest which is a downward revision from its previous rate of interest 8.25%. Customers opting for high value FDs (over Rs. 5 crores) with maturity within 91-120 days will also see reduced deposit rates at 8.00%.Similarly, high value term deposits in the 61-90 days maturity slab will also see reduction in deposit rates by 25 basis points to 8.00% from 8.25%.

      After two successive rate cuts (25 basis points each in January and March 2015) by the Reserve Bank of India (RBI), the current repo rate stands at 7.50%, and the move to reduce the interest rates by ICICI is a direct consequence of the policies undertaken by the RBI.

      31st March 2015

    • ICICI Bank fixed deposit rates slashed

      ICICI Bank has hacked away on its current interest rates on fixed deposits. However, the move is just a reciprocation to similar moves by other banks including the country's largest bank, State Bank of India. The fixed deposit interest rate cut from ICICI Bank has brought the rates down by 0.25% and this applies to all fixed deposits ranging from tenures of 390 days to 2 days. The bank attributes the huge growth witnessed by FDs in the current banking system as the express reason for this slashing. FDs have consistently grown close to five percent points, at a time when the lending business has been steadily going down. In short, banks like ICICI cannot lend too much money, in turn affecting their cash reserves that led to the current deduction in the fixed deposit rates.

      5th December 2014

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