FD Interest Rates 2025 – Latest Fixed Deposit Rates & Returns

Dec 16, 2025
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Fixed Deposits (FDs) have long been a preferred investment choice for Indians seeking safety, stability, and guaranteed returns. Among the leading banks offering fixed deposit schemes, ICICI Bank stands out due to its competitive interest rates, flexible tenure options, and trusted banking reputation. Whether you are a salaried professional, a senior citizen, or a business owner, ICICI Fixed Deposits cater to a wide range of financial needs.

In this detailed guide, we will explore ICICI Fixed Deposit rates, features, eligibility criteria, benefits, how to apply, and other important aspects that will help you make an informed investment decision.

Understanding ICICI Fixed Deposits

A Fixed Deposit is an investment product where you deposit a lump sum amount with the bank for a fixed tenure at a predetermined interest rate. The rate remains constant throughout the tenure, ensuring you earn predictable returns regardless of market fluctuations. ICICI Bank offers various FD options, including traditional FDs, tax-saving FDs, and special tenure schemes.

With ICICI Bank, you can choose tenures ranging from 7 days to 10 years, and the interest rate offered will depend on the tenure, deposit amount, and customer category (general or senior citizen).

ICICI Fixed Deposit Rates – Overview

ICICI Bank revises its FD interest rates periodically based on RBI guidelines, market conditions, and internal policies. Generally, senior citizens enjoy an additional 0.50% interest rate compared to regular customers, providing them with better returns.

While rates change from time to time, the broad trend is that short-term FDs (up to 1 year) have slightly lower rates than medium- and long-term deposits. ICICI also offers special schemes for certain periods where the rate is higher than standard rates.

Key Features of ICICI Fixed Deposits

Before diving deeper into the current rates, let’s understand the unique features of ICICI Bank FDs:

Flexible Tenures – Choose between 7 days and 10 years based on your financial goals.
Competitive Interest Rates – Attractive returns for both general customers and senior citizens.
Multiple Payout Options – Interest can be paid monthly, quarterly, or at maturity.
Loan Against FD – Get loans up to 90% of the FD amount without breaking the deposit.
Premature Withdrawal Facility – Withdraw your FD before maturity with applicable penalty.
Tax-saving Option – ICICI offers a 5-year tax-saving FD eligible for Section 80C benefits.
Nomination Facility – Secure your deposit for your loved ones with nomination.
Online Booking – Open or renew your FD easily through ICICI’s net banking or mobile app.
Minimum Deposit Requirement – Generally starts from ₹10,000 for regular FDs.

Factors Affecting ICICI FD Interest Rates

Several factors influence the fixed deposit interest rates offered by ICICI Bank:

RBI Policy Rates – Changes in repo rate and reverse repo rate directly impact FD rates.
Tenure of Deposit – Longer tenure deposits may offer higher interest compared to shorter terms.
Deposit Amount – Higher deposits, especially bulk deposits, may have different rates.
Customer Category – Senior citizens receive an additional interest rate benefit.
Economic Conditions – Inflation trends, liquidity in the market, and banking sector performance affect rates.

ICICI FD for Senior Citizens

ICICI Bank offers ICICI Bank Golden Years FD scheme for senior citizens. Under this scheme, they get an extra 0.10% interest rate over the regular senior citizen rate for FDs of tenure between 5 years and 10 years. This scheme is available for a limited period and is meant to boost returns for retirees.

Benefits for senior citizens include:

Higher guaranteed returns
Secure investment option without market risks
Monthly income option through interest payouts

Types of ICICI Fixed Deposits

ICICI Bank offers several FD schemes to suit different needs:

1. Regular Fixed Deposit

Available for both individuals and businesses
Flexible tenures and payout options
Loan and overdraft facility against FD

2. Tax Saver Fixed Deposit

Tenure of 5 years, lock-in period
Eligible for deduction under Section 80C up to ₹1.5 lakh
No premature withdrawal

3. Money Multiplier FD

Combines FD with a savings account
Allows partial withdrawals while keeping the rest of the FD active
Provides liquidity and better returns

4. Recurring Deposit

Deposit a fixed amount every month for a set tenure
Interest rate similar to regular FD
Ideal for disciplined savings

Benefits of Investing in ICICI Fixed Deposits

Safety of Capital – Backed by one of India’s largest private banks.
Assured Returns – Market fluctuations do not affect your interest rate.
Customizable Tenures – Choose a time frame that matches your financial plan.
Multiple Interest Payouts – Get interest at maturity or as periodic income.
Loan Facility – Avoid breaking your FD by taking a loan against it.
Easy Online Access – Manage deposits through net banking or mobile banking.

How to Open an ICICI Fixed Deposit

You can open an ICICI FD through different channels:

1. Online

Log in to ICICI Internet Banking
Go to ‘Fixed Deposit’ section
Choose the deposit type, tenure, and amount
Confirm and submit

2. Mobile Banking

Download the iMobile Pay app
Navigate to the FD section
Fill in required details and complete booking

3. Branch Visit

Visit the nearest ICICI Bank branch
Fill out the FD application form
Submit KYC documents and deposit amount

Premature Withdrawal Rules

ICICI allows premature closure of fixed deposits except tax-saving FDs. However, a penalty (usually 0.50% to 1% lower interest rate than applicable) is charged. The interest is calculated based on the actual tenure the FD remained with the bank.

Loan Against ICICI FD

Instead of breaking your FD, you can get a loan or overdraft of up to 90% of the deposit amount. The loan interest rate is generally 2% to 2.5% above the FD rate. This facility ensures liquidity while your FD continues to earn interest.

Taxation on ICICI Fixed Deposits

Interest earned on ICICI FDs is fully taxable as per your income tax slab. If the interest in a financial year exceeds ₹40,000 (₹50,000 for senior citizens), ICICI Bank deducts TDS (Tax Deducted at Source) at the applicable rate. You can submit Form 15G/15H to avoid TDS if your income is below the taxable limit.

Tips to Maximize Returns from ICICI FD

Laddering Strategy – Invest in multiple FDs with different tenures to balance liquidity and returns.
Reinvest Interest – Choose cumulative FD to benefit from compounding.
Consider Senior Citizen Benefits – If eligible, opt for higher interest rate schemes.
Book Special Tenure FDs – Keep track of ICICI’s special high-rate offers.

Comparing ICICI FD Rates with Other Investments

While mutual funds and equities may offer higher returns, they come with higher risks. ICICI FDs are ideal for conservative investors seeking safety. They are also better than regular savings accounts due to higher interest rates. However, for long-term wealth creation, FDs should be balanced with other investment options.

Why Choose ICICI for Fixed Deposits?

Strong market reputation and trust
Wide branch and ATM network
Multiple digital platforms for easy management
Special schemes for different customer needs
Transparent policies and competitive rates

ICICI Fixed Deposit – Ideal for Whom?

Retirees looking for safe income options
Salaried individuals saving for short-term goals
Parents planning for children’s education
Businesses needing safe parking of surplus funds
Anyone looking for assured returns without market risk

Frequently Asked Questions (FAQs) on ICICI Fixed Deposit Rates

Q1. What is the minimum deposit amount for ICICI FD?
The minimum amount is generally ₹10,000 for regular FDs.

Q2. How often does ICICI Bank change FD rates?
Rates can change periodically based on market conditions and RBI policies.

Q3. Can I break my FD before maturity?
Yes, except for tax-saving FDs. However, a penalty on interest will apply.

Q4. Do senior citizens get higher ICICI FD rates?
Yes, they usually get an additional 0.50% interest over regular rates.

Q5. What is the maximum tenure for ICICI FD?
You can invest for up to 10 years.

Q6. Is ICICI FD interest taxable?
Yes, it is taxable as per your income tax slab, and TDS is deducted if the interest exceeds the specified limit.

Q7. Can I get a loan against my ICICI FD?
Yes, you can get a loan up to 90% of the FD value.

Q8. How can I check my ICICI FD balance and maturity date?
You can check via ICICI net banking, iMobile Pay app, or by visiting a branch.

Q9. Does ICICI offer special FD rates?
Yes, from time to time, ICICI launches special schemes with higher rates for certain tenures.

Q10. Can NRIs invest in ICICI Fixed Deposits?
Yes, ICICI offers NRE, NRO, and FCNR fixed deposits for NRIs.