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  • Fd Interest Rate Of Icici Bank Know The Current Rates And Open An Fd

ICICI Bank FD Interest Rate 2024

  • Updated on: 12 Mar 2024
  • Published on: 29 Aug 2023
ICICI Bank FD Interest Rate 2024

With the latest FD interest rates of ICICI Bank, you can now earn lucrative returns on your deposits. Based on the chosen tenure and FD type, you can secure handsome returns and meet your goals. Some key features of ICICI Bank FDs are:

  • Regular investors can get interest rates of up to 7.10% p.a.
  • Senior citizens can enjoy rates of up to 7.65% p.a.
  • You can open an FD with just ₹10,000
  • You enjoy flexible tenure options of up to 10 years 

Read on to learn the current ICICI FD rates, eligibility criteria, documents and more.

FD Interest Rates of ICICI Bank for Deposits Less Than ₹2 crores

Here are the ICICI Bank FD interest rates at various tenures: 

TenureRegular Citizen FD Interest RatesSenior Citizen FD Interest Rates
7 days to 14 days3.00% per annum3.50% per annum
15 days to 29 days3.00% per annum3.50% per annum
30 days to 45 days3.50% per annum4.00% per annum
46 days to 60 days4.25% per annum4.75% per annum
61 days to 90 days4.50% per annum5.00% per annum
91 days to 120 days4.75% per annum5.25% per annum
121 days to 150 days4.75% per annum5.25% per annum
151 days to 184 days4.75% per annum5.25% per annum
185 days to 210 days5.75% per annum6.25% per annum
211 days to 270 days5.75% per annum6.25% per annum
271 days to 289 days6.00% per annum6.50% per annum
290 days to less than 1 year6.00% per annum6.50% per annum
1 year to 389 days6.70% per annum7.20% per annum
390 days to less than 15 months6.70% per annum7.20% per annum
15 months to less than 18 months7.10% per annum7.65% per annum
18 months to 2 years7.10% per annum7.65% per annum
More than 2 years to 3 years7.00% per annum7.50% per annum
More than 3 years to 5 years7.00% per annum7.50% per annum
More than 5 years to 10 years6.90% per annum7.50% per annum
5 Years (80C FD) (Max ₹1.50 lakhs)7.00% per annum7.50% per annum

Disclaimer: These are the most recent FD rates as of February 2024 and may be revised by ICICI Bank.

Make sure you check the bank’s website or app before you open an FD to get the latest rates. Furthermore, for deposit amounts exceeding ₹2 crores, the rates will differ, which you can access on the website. 

Remember, these rates also vary depending on the tenure. So, use an FD calculator to compute your earnings well in advance and open an account that best aligns with your needs and goals.

Read Also: ICICI Balance Check Number

Who can Open an ICICI Bank FD?

The following groups can open an ICICI Bank FD:

  • Indian residents over the age of 18  
  • Minors under the custody of a guardian 
  • Member of Hindu Undivided Families
  • Sole proprietorship and partnership firms
  • Limited companies
  • Trusts 
  • Non-resident Indians

Documents Required to Open an ICICI Bank FD 

You can open an FD with the following documents:

  • Identity Proof 
    • Aadhaar card 
    • Passport 
    • PAN 
    • Driver’s licence 
    • Voter ID 
  • Address Proof 
    • Utility bill 
    • Passport 
    • Certificate or ID issued by post office 
    • Bank statement with cheque

You may submit other documents as proof, subject to the bank’s acceptance. With FDs, you can get guaranteed returns and since it’s a non-market-linked investment, it’s great for low-risk investors. 

You also have the option of premature withdrawal, giving you immediate access to funds if you need it. However, it comes with a penalty. Instead, you can get an Instant Cash Loan from Fibe and keep your FD intact. 

You can get up to ₹5 lakhs at competitive rates and flexible tenures. Register fon the Fibe Personal Loan App or website to enjoy a fast, simple and 100% digital application process. 

FAQs on ICICI Bank FD Interest Rates 

What is the interest rate of FDs in ICICI Bank?

Here is an overview of the latest rates:

  • Starts from 3.00% and goes up to 7.10% per annum for regular investors
  • Senior investors can enjoy rates starting from 3.50% p.a. to up to 7.65% p.a. 

What is the current FD rate of ICICI Bank?

The current rates range from 3% to 7.65% per annum. However, they depend on:

  • Deposit amount
  • Investment tenure
  • Your age

Is ICICI Bank safe for fixed deposits?

Yes, you can trust ICICI Bank and open an account to earn secure and guaranteed returns since this FD has a credit rating of ‘AAA.’

Can I break an ICICI FD anytime?

Yes, you can liquidate your deposit before maturity by paying a penalty. However, this depends on the type of FD you choose. In case of a non-callable fixed deposit, you can’t make a premature withdrawal before maturity.


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