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
- 1 About ICICI Bank:
- 2 Interest rates on Domestic, NRO & NRE deposits(Less than ₹ 1 crore)
- 3 Tenure wise interest rates for Recurring Deposits:Recurring / iWish Deposits Interest Rates as follows
- 4 Tenure wise interest rates for iWish:
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.)|
|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|
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|
|Above 3 years upto 5 years||7.25||7.75|
|Above 5 years upto 10 years||7.00||7.50|
- 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|
|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: