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Assured Returns

A simple investment product which offers safety, liquidity and flexibility.

Instant FD Creation

Now create an FD anytime, anywhere online in 60 seconds.

Instant Liquidity

Avail an OD up to 90% of FD value in case of emergencies

Flexible Tenure

Plan your investment depending on your goals starting from 7 days upto 10 years.

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Types of Fixed Deposits (FD)

  • Regular
    Fixed Deposit

  • Monthly Income
    Fixed Deposit

  • Golden Years
    Fixed Deposit

  • Tax Saver
    Fixed Deposit

  • Flexi Fixed Deposit
    (For Current Accounts)

  • Money Multiplier
    Fixed Deposit

Regular Fixed Deposit

Simple investment product which offers safety, liquidity, flexibility and assured returns.

  • FD can be opened for minimum amount of ₹10,000
  • Choose from flexible tenure ranging from seven (7) days to ten (10) years
  • Open Instantly through both iMobile and Internet banking
  • Option of premature/partial withdrawal for urgent funds requirement

Monthly Income Fixed Deposit

A simple Fixed Deposit (FD) plan, which offers fixed regular monthly income in future for your choice of tenure, by investing today with an option of receiving 30% as lump sum.

  • FD can be opened for minimum amount of ₹1,00,000, in multiples of ₹25,000 thereafter
  • Tenure of this deposit consists of an investment phase and a payout phase
  • Minimum period for the Investment phase is 24 months, in multiples of 1 month thereafter
  • Minimum period for the Payout phase is 24 months, in multiples of 12 months thereafter

Golden Years Fixed Deposit

Now Senior Citizens get an exclusive additional
interest rate of <0.20>% on your Fixed Deposits
above 5 years tenure.

  • Applicable duration:
    20th May, 2020 to 7th April, 2023
  • Applicable on New and Auto-Renewed Fixed
    Deposits during the scheme period
  • Applicable on single FD Amount less than 2 Crores

Tax Saver Fixed Deposit

Now enjoy dual benefits of assured returns and tax savings. Tax Saver Fixed Deposits offers tax deduction up to ₹1.5 lakh under Section 80C of Income Tax Act.

  • Invest as small as ₹10,000 for a fixed tenure of five years
  • Choose from a Flexible interest payout options of monthly, quarterly or reinvestment in principal
  • No premature withdrawal and auto-renewal facility
  • Interest earned is taxable

Flexi Fixed Deposit for Current Account customers

Enjoy the liquidity of a Current Account coupled with high earnings of a Fixed Deposit. Create a Fixed Deposit linked to your Current Account providing you the unique facilities.

  • Enabled for automatic reverse sweep when the balance in the Current Account falls below ₹1,00,000 for individual customers.
  • FDs will be broken in the Last-In, First-Out (LIFO) basis for reverse sweep.
  • Opened for a minimum tenure of 1 year, linked to your Current Account

Money Multiplier Fixed Deposit

Enjoy the liquidity of a Savings Account coupled with high earnings of a Fixed Deposit. Create a Fixed Deposit linked to your Savings Account providing you the unique facilities.

  • Opened for a minimum tenure of 1 year, linked to your Savings Account
  • Enable for automatic reverse sweep when the balance in the Savings Accounts falls below ₹10,000 for individual customers
  • FDs will be broken in Last-In, First-Out (LIFO) basis for reverse sweep

Create a Fixed Deposit
in 60 Seconds!

Need funds immediately?
Get an Overdraft
against FD.

Avail an overdraft against your fixed deposit of up to 90% of the principal and accrued interest. Take care of your short-term emergency requirements without any worries.

 

 

 

 

 

 

Frequently Asked Questions (FAQs) About Fixed Deposits

What is a Fixed Deposit?

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 amount you are opting for.

What are the types of FDs offered by ICICI Bank?

ICICI Bank offers broadly 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 pay-out at the time of creating the Fixed Deposit

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

Who can invest in an ICICI Bank Fixed Deposit?

With ICICI Bank you can invest in a Fixed Deposit anytime, anywhere using the iMobile Pay app, Internet Banking, branch visit, ATMs or by contacting Customer Care.

What is the rate of interest for an ICICI Bank Fixed Deposit?

ICICI Bank offers great interest rates on Fixed Deposit. Click here to view the current rates.

How do I open a Fixed Deposit Account online?

With ICICI Bank you can open a Fixed Deposit anytime, anywhere using the iMobile Pay app, Internet Banking, branch visit, ATMs or by contacting Customer Care.

What is the minimum amount to open an FD?

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

What is the minimum and maximum tenure for a Fixed Deposit?

ICICI Bank offers flexible tenures for FDs ranging from 7 days up to 10 years.

How can I calculate the interest on my Fixed Deposit?

You can calculate your interest rate using ICICI Bank’s Interest Rate Calculator.

What are the steps to create an FD through Internet Banking?

  1. Log in to ICICI Bank Internet Banking
  2. Go to ‘Account and Deposits’
  3. Select ‘Deposits’
  4. Select ‘FD/RD’
  5. Select your FD type
  6. Select your FD tenure. ICICI Bank Fixed Deposit interest rates tenure wise
  7. Type your amount. You can open an FD for any amount greater than Rs 10,000
  8. Click on ‘Submit’. You have successfully opened an FD in ICICI Bank.
 

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