ICICI Bank has increased its fixed deposit (FD) interest rates. The revised FD rates are applicable for FDs of up to Rs 3 crore. The bank offers the highest interest rate of 7.80% for senior citizens. For individuals, the highest interest rate on FDs can go up to 7.25%.
Latest ICICI Bank FD rates
ICICI Bank offers a 3% interest rate for FDs maturing between 7 days and 29 days. FDs maturing between 30 days and 45 days will fetch you an interest rate of 3.5%. For FDs maturing between 46 days and 60 days, the bank offers an interest rate of 4.25%.
FDs maturing between 61 days and 90 days will get an interest rate of 4.5%. FDs maturing between 91 days and 184 days will fetch you an interest rate of 4.75%. FDs maturing between 185 days and 270 days will get you an interest rate of 5.75%. FDs maturing between 271 days and less than one year will get an interest rate of 6%. FDs maturing between one year and less than fifteen months will get an interest rate of 6.7%.
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The bank increased its FD interest rate by 5 basis points on tenure of 15 months to two years, it will earn the highest rate of 7.25%, up from 7.20%. The bank has also hiked on tenure 18 Months to 2 Years from 7.20% to 7.25%.
FDs maturing between two years one day and five years will fetch you an interest rate of 7%. FDs maturing between five years one day and ten years will get an interest rate of 6.9%.
| Tenure | General Citizen |
| 7 to 29 Days | 3.00% |
| 30 to 45 Days | 3.50% |
| 46 to 60 Days | 4.25% |
| 61 to 90 Days | 4.50% |
| 91 to 184 Days | 4.75% |
| 185 to 270 Days | 5.75% |
| 271 Days to < 1 Year | 6.00% |
| 1 Year to < 15 Months | 6.70% |
| 15 Months to < 18 Months | 7.25% |
| 18 Months to 2 Years | 7.25% |
| 2 Years 1 Day to 5 Years | 7.00% |
| 5 Years 1 Day to 10 Years | 6.90% |
| 5Y (Tax Saver FD) | 7.00% |
Special rates for senior citizens
Senior Citizens get an extra 0.55% interest for FDs (less than Rs. 3 crore) with a tenure of 15 months to 18 months.
| Tenure | Senior Citizen |
| 7 to 29 Days | 3.50% |
| 30 to 45 Days | 4.00% |
| 46 to 60 Days | 4.75% |
| 61 to 90 Days | 5.00% |
| 91 to 184 Days | 5.25% |
| 185 to 270 Days | 6.25% |
| 271 Days to < 1 Year | 6.50% |
| 1 Year to < 15 Months | 7.20% |
| 15 Months to < 18 Months | 7.80% |
| 18 Months to 2 Years | 7.75% |
| 2 Years 1 Day to 5 Years | 7.50% |
| 5 Years 1 Day to 10 Years | 7.40% |
| 5Y (Tax Saver FD) | 7.50% |
FD with premature withdrawal
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Penalties for premature withdrawal are applicable as mentioned below:
| Original Tenure of Deposit | Penal Rates* | |
| Less than ₹5.0 crore | ₹5.0 crore & above | |
| 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% |
