ICICI Bank FD Rates February 2019: Find the Best Latest updated FD Interest Rates, RD Interest Rates, Single Term Deposit Rates for General, NRI & Senior Citizens Online. Interest rates on Term Deposits Maximum upto 7.50% for General.
ICICI Bank offers a peak interest rate of 7.50% on term -deposits with a maturity of above 2 years upto 3 years.
5 years (80C FD) = 7.25%
Table of Content
About ICICI Bank:
ICICI Bank is India’s largest private sector bank with total consolidated assets of Rs. 11,242.81 billion (US$ 172.5 billion) at March 31, 2018 and profit after tax of Rs. 67.77 billion (US$ 1.0 billion) for the year ended March 31, 2018. ICICI Bank currently has a network of 4,867 Branches and 14,367 ATMs across India.
Select from 2 Investment Plans available at ICICI Bank
✓ Traditional Plan – Earn interest monthly/quarterly basis as per your convenience with a maturity period ranging from 7 days to 10 years.
✓ Reinvestment Plan – Earn interest compounded quarterly and reinvested with the principal amount with a maturity period ranging from 6 months to 10 years.
Benefits of Fixed Deposits with ICICI Bank
✓ A wide range of tenures, ranging from 7 days to 10 years, to suit your investment plan
✓ Partial withdrawal is permitted in units of Rs 1,000. The balance amount earns the original rate of interest
✓ Safe custody of your fixed deposit receipts
✓ Facility of automatic renewal
✓ Loan facility is available upto 90% of principal and accrued interest
Interest rates on Domestic, NRO & NRE deposits(Less than ₹ 1 crore)
| Maturity Period | Rate of Interest (% p.a.) | |
|---|---|---|
| General | Senior Citizen* | |
| 7 days to 14 days | 4.00 | 4.50 |
| 15 days to 29 days | 4.25 | 4.75 |
| 30 days to 45 days | 5.50 | 6.00 |
| 46 days to 60 days | 6.00 | 6.50 |
| 61 days to 90 days | 6.25 | 6.75 |
| 91 days to 120 days | 6.25 | 6.75 |
| 121 days to 184 days | 6.25 | 6.75 |
| 185 days to 289 days | 6.50 | 7.00 |
| 290 days to less than 1 year | 6.75 | 7.25 |
| 1 year to 389 days | 6.90 | 7.40 |
| 390 days to 2 years | 7.10 | 7.60 |
| 2 years 1 day upto 3 years | 7.50 | 8.00 |
| 3 years 1 day upto 5 years | 7.25 | 7.75 |
| 5 years 1 day upto 10 years | 7.00 | 7.50 |
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Tenure wise interest rates for Recurring Deposits:Recurring / iWish Deposits Interest Rates as follows
| Maturity Period | Rate of Interest (% p.a.) w.e.f Feb 2019 | |
|---|---|---|
| General | Senior Citizen | |
| 6 months | 6.25 | 6.75 |
| 9 months | 6.50 | 7.00 |
| 12 months | 6.90 | 7.40 |
| 15 months | 7.10 | 7.60 |
| 18 months | 7.10 | 7.60 |
| 21 months | 7.10 | 7.60 |
| 24 months | 7.10 | 7.60 |
| 27 months | 7.50 | 8.00 |
| 30 months | 7.50 | 8.00 |
| 33 months | 7.50 | 8.00 |
| 36 months | 7.50 | 8.00 |
| Above 3 years upto 5 years | 7.25 | 7.75 |
| Above 5 years upto 10 years | 7.00 | 7.50 |
Note:
- Recurring Deposits will be available for a minimum tenure of 6 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years.
- As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD
- For terms & conditions and any other details, please contact your nearest ICICI Bank Branch.
Penalty on Delayed Installment:
- Penalty is charged at monthly interest at the rate of ₹ 12 per ₹ 1000 for all delayed installments.
- Fraction of a month will be treated as full month for the purpose of calculating such interest.
- The total interest so chargeable shall be recovered from the total amount of interest payable at the time of maturity.
Tenure wise interest rates for iWish:
| Tenure / Maturity Period | Rates of Interest# (% p.a.) w.e.f Feb 2019 | |
|---|---|---|
| General | Senior Citizen | |
| 6 months | 6.25 | 6.75 |
| 7 months – 9 months | 6.50 | 7.00 |
| 10 months – 11 months | 6.75 | 7.25 |
| 12 months only | 6.90 | 7.40 |
| 13 months – 24 months | 7.10 | 7.60 |
| 25 months – 3 years | 7.50 | 8.00 |
| 37 months – 5 years | 7.25 | 7.75 |
| 5 years 1 day – 10 years | 7.00 | 7.50 |
*Subject to revision without further notice.
Premature withdrawal of Deposit:
On pre-mature withdrawal of the Recurring / iWish deposits:
- Interest will be calculated at the rate applicable for the period the deposit has actually remained with ICICI Bank.
- Penalty will be levied on the rate applicable as per the table 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% |
*Subject to revision without further notice.
Registered Office: ICICI Bank Limited
Landmark, Race Course Circle, Vadodara 390 007.
Corporate Office: ICICI Bank Towers,
Bandra-Kurla Complex, Mumbai 400 051.
+91 22 26531414
Toll-free number- 1800 102 4242
Other Available Products of ICICI Bank:
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