FD Interest Rate Calculator

ICICI Bank FD Interest Calculator is a simple tool to help customers determine the interest amount they would earn on their investment in deposits, basis the amount, tenure and prevailing interest rate. This can help calculate the returns on their investments.

Senior citizens are eligible for an additional rate of 0.50% over and above the general interest rate.

Senior citizens are eligible for special rates as below:

• Additional rate of interest of 5 bps, over & above the existing 50 bps will be paid to senior citizens on FDs (Less than Rs 2 crore) for special tenure of 15 months to less than 18 months and 18 months to less than 2 years

• Additional rate of interest of 10 bps, over & above the existing 50 bps will be paid to senior citizens on FDs (Less than Rs 2 crore) for a tenure of 5 years and above.

A Fixed Deposit (FD) is an investment product offered by Banks and NBFCs to their customers. An FD promises you guaranteed returns that are calculated basis the interest offered at the time of opening an FD Account. Interest rates may differ depending upon the tenure and the amount you are opting for.

ICICI Bank offers two types of FDs:

Traditional Fixed Deposit: Interest amount is credited at regular intervals, i.e., Quarterly or Monthly. Customer can opt for Monthly/Quarterly payout at the time of creating the Fixed Deposit

Cumulative Fixed Deposit: Customer will receive a lump sum amount after maturity. The interest accrued is added back to the principal amount at quarterly intervals.

Individuals and entities mentioned below are eligible to apply for a regular Fixed Deposit online:

• Residents

• Hindu Undivided Families

• Sole Proprietorship Firms

• Partnership Firms

• Limited Companies

• Trust Accounts

• Non-Resident Indians

• Minors with Guardianship.

Also, the Savings Account should be KYC verified.

ICICI Bank offers attractive interest rates on Fixed Deposits. Click here to view the current rates.

With ICICI Bank you can open a Fixed Deposit Account anytime, anywhere through any of the following channels such as iMobile Pay App, Internet Banking, Branch Visit, ATM or by contacting Customer Care.

A minimum deposit of ₹10,000 is necessary to open an ICICI Bank Fixed Deposit Account. For Recurring Deposits, a minimum deposit of ₹500 is required and later deposits in multiples of ₹100 (monthly).

ICICI Bank offers a flexible tenure for FDs that ranges from 7 days to 10 years.

You can calculate the interest rate using ICICI Bank FD Calculator. Please click here to use ICICI Bank FD Calculator

1. Log in to ICICI Bank Internet Banking

2. Go to ‘Bank Accounts’

3. Select ‘Deposits’

4. Click on ‘Create FD’

5. Select your FD type

6. Enter your investment amount. You can open an FD for an amount equal to or greater than ₹10,000

7. Select your FD tenure & Interest payout option

8. Click on ‘Create FD’. You have successfully opened an FD Account with ICICI Bank.