ICICI FD Interest Rates 2022 | ICICI Revised Fixed Deposit Rate [Table]

On deposits with a duration of 7 days to 10 years, ICICI FD Interest Rates range from 2.5 percent to 5.50 percent. These tariffs will take effect on November 16, 2021.

ICICI Bank, a private sector lender, has raised interest rates on fixed deposits (FDs) with terms ranging from seven days to ten years.

These improved interest rates will apply to new deposits as well as term deposit renewals. The minimum tenure for Domestic & NRO term deposits at ICICI Bank is 7 days, and no interest is paid on deposits removed prematurely within 7 days of the deposit date. The minimum term for NRE term deposits is one year, and no interest is paid on deposits removed before one year has passed from the date of deposit.

ICICI FD Interest Rates

ICICI FD Interest Rates on Domestic Fixed Deposits

The ICICI FD Interest Rates on term deposits up to Rs.2 crore are listed in the table below. The following interest rates apply to deposits with a premature withdrawal option:

TenureInterest Rate for General Citizens (p.a.)Interest Rate for Senior Citizens (p.a.)
7 days to 14 days2.50%2.50%
15 days to 29 days2.50%2.50%
30 days to 45 days2.75%2.75%
46 days to 60 days2.75%2.75%
61 days to 90 days3.00%3.00%
91 days to 120 days3.00%3.00%
121 days to 184 days3.00%3.00%
185 days to 210 days3.50%3.50%
211 months to 270 days3.50%3.50%
271 days to less than 289 days3.65%3.65%
290 days to less than 1 year3.65%3.65%
1 year to 389 days3.75%3.75%
390 days to less than 18 months3.75%3.75%
18 months to 2 years4.00%4.00%
2 years 1 day to 3 years4.40%4.40%
3 years 1 day to 5 years4.40%4.40%
5 years 1 day to 10 years4.40%4.40%
5 years (80C FD) – Max to Rs.1.50 lakhNANA

Note that the interest rates listed are effective as of November 10, 2021.

PNB Fixed Deposit Rates

ICICI FD Interest Rates on Above Rs.2 crore but less than Rs.5 crore with Premature Withdrawal

TenureInterest Rate for General Citizens (p.a.)Interest Rate for Senior Citizens (p.a.)
7 days to 14 days2.50%2.50%
15 days to 29 days2.50%2.50%
30 days to 45 days2.75%2.75%
46 days to 60 days2.75%2.75%
61 days to 90 days3.00%3.00%
91 days to 120 days3.00%3.00%
121 days to 184 days3.00%3.00%
185 days to 210 days3.50%3.50%
211 days to 270 days3.50%3.50%
271 days to 289 days3.65%3.65%
290 days to less than 1 year3.65%3.65%
1 year to 389 days3.75%3.75%
390 days to less than 18 months3.75%3.75%
18 months to 2 years4.00%4.00%
2 years 1 day to 3 years4.40%4.40%
3 years 1 day to 5 years4.40%4.40%
5 years 1 day to 10 years4.40%4.40%
5 Years (80C FD) – Max to Rs.1.50 lakhNANA

Note that the interest rates listed below are current as of November 10, 2021.

Bank of Baroda Fixed Deposit Interest Rate

ICICI Bank NRI FD Rates

ICICI FD Interest Rates for NRIs are listed below in the table.

ICICI NRE FD Rates (Below Rs.2 crore)

TenureFor General Public (p.a.)
1 year to 389 days4.90%
390 days to less than 18 months4.90%
18 months to 2 years5.00%
2 years 1 day to 3 years5.15%
3 years 1 day to 5 years5.35%
5 years 1 day to 10 years5.50%

ICICI FD Interest Rates NRO (Below Rs.2 crore)

TenureInterest Rates (p.a.)
7 days to 14 days2.50%
15 days to 29 days2.50%
30 days to 45 days3.00%
46 days to 60 days3.00%
61 days to 90 days3.00%
91 days to 120 days3.50%
121 days to 184 days3.50%
185 days to 210 days4.40%
211 months to 270 days4.40%
271 days to less than 289 days4.40%
290 days to less than 1 year4.40%
1 year to 389 days4.90%
390 days to less than 18 months4.90%
18 months to 2 years5.00%
2 years 1 day to 3 years5.15%
3 years 1 day to 5 years5.35%
5 years 1 day to 10 years5.50%

Post Office Fixed Deposit Interest Rates

ICICI FD Interest Rates FCNR

TenureHKDSGDAUDCADJPYGBPUSD
1 year to less than 2 years0.020.230.010.220.010.010.23
2 years to less than 3 years0.090.340.060.260.010.170.30
3 years to less than 4 yearsNANANANANANA0.50
4 years to less tha 5 yearsNANANANANANA0.74
5 yearsNANANANANANA0.97

Fixed Deposits from ICICI Bank: Features & Benefits

The following are the major characteristics and benefits of ICICI Bank’s FD scheme:

  • Any investments made are guaranteed to yield a profit.
  • There are attractive interest rates available.
  • Loans can be taken out against the available balance in the account.
  • A deposit of Rs.10,000 is required as a minimum.
  • An FD account can be opened online or via mobile banking at any time.
  • Any investments made are guaranteed to be safe.

Eligibility Criteria

Residents of India can open an ICICI Bank FD account.

Documents Required

  • A valid driver’s licence, voter identification card, PAN card, or passport is required as proof of identity.
  • A bank statement with a cheque, an electricity bill, a telephone bill, or a passport can all be used as proof of address.

SBI Fixed Deposit Interest Rate

Types of Fixed Deposits Offered by ICICI Bank

ICICI Bank offers various types of fixed deposits.

The following are the many types of FD schemes offered by ICICI Bank:

  • FD schemes offered by ICICI Bank
  • FD schemes offered by ICICI Bank
  • Security Deposits
  • Money Multiplier Fixed Deposit
  • Flexi Deposit Scheme

FAQ’s

Is it possible to get a loan against an ICICI Bank fixed deposit?

Yes, you can take out a loan against the account’s available balance.

Is it possible to make a premature withdrawal at ICICI Bank?

Yes, ICICI Bank allows you to make a premature withdrawal. However, if you withdraw money too soon, the bank may charge you a fee.

Is it possible for me to use the auto-renewal option?

Yes, you can choose to have your subscription renewed automatically. The facility must, however, be chosen at the time of account opening or before the account matures.

Is it possible to add nominees to the account?

Yes, nominees can be added to the account.

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