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ICICI Bank is one of India’s largest private sector banks, offering competitive fixed deposit (FD) interest rates across flexible tenures ranging from 7 days to 10 years. ICICI Bank FDs are suitable for conservative investors looking for stable returns, flexible payout options and capital safety backed by a reputed banking institution.
Some key features of booking a deposit with this issuer include:
General citizens can earn FD interest rates of up to 6.50% p.a.
Senior citizens can earn up to 7.10% p.a.
You can open an FD starting from ₹10,000
Flexible tenure options ranging from 7 days to 10 years
Monthly, quarterly and cumulative interest payout options available
Tax Saver FD option with a 5-year lock-in period
Premature withdrawal facility available on most FD schemes
Read on to learn about the latest ICICI Bank FD interest rates, eligibility, FD types, tax rules, documents required and how to open an FD online.
Additional 0.50% p.a. (extra 0.10% for 15–18 months tenure)
Tax Saver FD Rate (General)
6.50% p.a. (5-year lock-in)
Tax Saver FD Rate (Senior)
7.10% p.a. (5-year lock-in)
Premature Withdrawal
Allowed with penalty (0.50%–1% charge); not allowed on Tax Saver FD
Interest Payout Options
Monthly, Quarterly, or Cumulative (at maturity)
Nomination Facility
Available
ICICI Bank FD Interest Rates 2026 — Below ₹3 Crore
Here are the latest ICICI Bank FD interest rates for deposits below ₹3 crore (effective April 2026):
Tenure
General Citizens (p.a.)
7 days to 29 days
2.75%
30 days to 45 days
3.00%
46 days to 90 days
4.00%
91 days to 184 days
4.50%
185 days to less than 1 year
5.50%
1 year to less than 15 months
6.25%
15 months to less than 18 months
6.50%
18 months to 2 years
6.40%
2 years 1 day to 3 years
6.50%
3 years 1 day to 5 years
6.50%
Disclaimer: ICICI Bank FD interest rates are w.e.f. April 1, 2026 and were last revised on April 16, 2026. Rates are subject to change. Always verify the latest rates on the official ICICI Bank website or iMobile app before investing.
Before investing, always check the latest ICICI Bank FD rates on the official website or mobile app, as rates may change periodically. For deposits above ₹3 crore, FD interest rates vary based on tenure and premature withdrawal conditions.
Senior citizens receive higher FD rates than regular depositors, making ICICI Bank senior citizen FDs a suitable option for retirement planning and regular income generation. You can also use an ICICI Bank FD calculator to estimate maturity value and total interest earnings before investing.
ICICI Bank FD Rates for Deposits Above ₹3 Crore
ICICI Bank also offers fixed deposit schemes for bulk deposits above ₹3 crore. The interest rates for these deposits differ from retail FD rates and depend on:
Deposit amount
Chosen tenure
Premature withdrawal option
Institutional or individual category
Market liquidity conditions
Bulk FD rates are revised periodically by the bank. Investors planning large deposits should check the latest rates directly through ICICI Bank branches, Relationship Managers, Net Banking or the official website before booking an FD.
Types of ICICI Bank Fixed Deposit
ICICI Bank offers multiple FD schemes to suit different financial goals and investment preferences.
1. Regular Fixed Deposit
This is the standard FD scheme offering guaranteed returns for tenures ranging from 7 days to 10 years.
2. Tax Saver Fixed Deposit
This FD comes with a mandatory 5-year lock-in period and offers tax deduction benefits under Section 80C of the Income Tax Act up to ₹1.5 lakh annually.
3. Senior Citizen Fixed Deposit
Senior citizens receive additional interest benefits of up to 0.50% p.a. over regular FD rates.
4. iWish Flexible Recurring Deposit
This flexible deposit option allows customers to save systematically with lower minimum investment requirements starting from ₹5,000.
5. NRE/NRO Fixed Deposits
Non-Resident Indians (NRIs) can invest through NRE and NRO FD accounts based on their residency and repatriation needs.
6. Money Multiplier FD
This is a linked FD facility where customers can earn FD interest while maintaining liquidity through an overdraft against the deposit.
Key Features of ICICI Bank FD
Here are some important features of ICICI Bank Fixed Deposits:
Flexible tenure options from 7 days to 10 years
Competitive FD interest rates for regular and senior citizens
Guaranteed and predictable returns
Option to choose monthly, quarterly or cumulative interest payout
Auto-renewal facility available
Premature withdrawal facility on most schemes
Loan or overdraft facility against FD
Online FD booking through Net Banking and iMobile app
Nomination facility available
DICGC insurance coverage up to ₹5 lakh per depositor
ICICI Bank FDs are suitable for investors seeking low-risk investment avenues with assured returns and flexible payout options.
Who Can Open an ICICI Bank FD?
The following individuals and entities can open an ICICI Bank FD:
Indian residents above 18 years of age
Minors under guardian supervision
Hindu Undivided Families (HUFs)
Sole proprietorship firms
Partnership firms
Limited companies
Trusts and societies
Non-Resident Indians (NRIs)
Also Read: ICICI Bank Statement
Documents Required to Open an ICICI Bank FD
You can open an ICICI Bank FD with the following documents:
Note: For existing ICICI Bank customers opening an FD online via Net Banking or the iMobile app, a full KYC document submission may not be required if your account is already KYC-verified.
How to Open an ICICI Bank FD Online?
You can open an ICICI Bank FD online through Net Banking or the iMobile app by following these steps:
Log in to ICICI Bank Net Banking or the iMobile app
Navigate to the “Deposits” or “Fixed Deposit” section
Choose the FD type and tenure
Enter the deposit amount
Select the interest payout option
Add nominee details if required
Review applicable interest rates and maturity value
Confirm the transaction using OTP or authentication credentials
Once completed, the FD is created instantly and the deposit receipt is available digitally.
Tax on ICICI Bank FD Interest
Interest earned on ICICI Bank Fixed Deposits is taxable under the head “Income from Other Sources”.
Here are some important tax rules to know:
FD interest is added to your total taxable income
TDS is deducted if annual FD interest exceeds the prescribed threshold
Senior citizens get a higher TDS exemption threshold under Section 194A
Tax Saver FDs qualify for deduction under Section 80C up to ₹1.5 lakh
Tax Saver FDs have a mandatory 5-year lock-in period
You can submit Form 15G or Form 15H to avoid TDS deduction if eligible
It is advisable to consult a tax advisor to understand the exact tax implications based on your income slab and investment amount.
Know that with ICICI Bank, you also have the option of premature withdrawal, giving you immediate access to funds if you need it. However, this feature comes with a penalty. Instead of breaking your FD during emergencies, you can consider a Fibe Instant Cash Loan and keep your investment intact. You can get up to ₹10 lakhs at competitive rates with flexible repayment tenures through a 100% digital application process on the Fibe Personal Loan App or website.
FAQs on ICICI Bank FD Interest Rates
What is the interest rate of FDs in ICICI Bank?
As of April 2026, ICICI Bank FD rates range from 2.75% to 6.50% p.a. for general citizens and 3.25% to 7.10% p.a. for senior citizens. The highest rates are available on select tenures such as 15 months to less than 18 months and long-term deposits.
Can I open an ICICI Bank FD online?
Yes. Existing ICICI Bank customers can open an FD instantly through the iMobile app, Net Banking, or at select ICICI Bank ATMs for eligible amounts. New customers may need to complete KYC verification at a branch.
What is the minimum deposit amount for ICICI Bank FD?
The minimum deposit amount for a regular ICICI Bank FD is ₹10,000. For the iWish Flexi FD, the minimum investment starts at ₹5,000.
Is ICICI Bank FD safe?
Yes. ICICI Bank is a scheduled commercial bank regulated by the Reserve Bank of India (RBI). Deposits are insured up to ₹5 lakh per depositor under DICGC insurance coverage. ICICI Bank also holds strong credit ratings, reflecting high safety standards.
Can I withdraw my ICICI Bank FD before maturity?
Yes, premature withdrawal is allowed for most ICICI Bank FDs. However, a penalty of around 0.50% to 1% may apply on the interest rate. Tax Saver FDs cannot be withdrawn before the 5-year lock-in period.
What is the ICICI Bank FD interest rate for senior citizens in 2026?
As of April 2026, ICICI Bank offers senior citizen FD rates ranging from 3.25% to 7.10% p.a. Senior citizens receive an additional interest benefit of up to 0.50% over regular FD rates.
How is interest calculated on ICICI Bank FD?
ICICI Bank calculates FD interest based on the deposit amount, applicable interest rate, tenure and payout option selected. For cumulative FDs, interest is compounded quarterly, increasing the maturity amount over time.
Is the interest earned on ICICI Bank FD taxable?
Yes, interest earned on ICICI Bank Fixed Deposits is fully taxable as per your applicable income tax slab. TDS may also be deducted if the interest exceeds the prescribed threshold during a financial year.
