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ICICI Bank FD Calculator

6.45% p.a. (quarterly compounding) - Min deposit Rs. 10,000

Principal

Rs. 5.00 lakh

Example: Rs. 5 lakh

Interest Earned

Rs. 1.06 lakh

Over 3 years

Maturity Amount

Rs. 6.06 lakh

at 6.45% p.a.

ICICI Bank FD Rates by Tenure

TenureGeneral RateSenior Citizen
7-29 days3%3.5%
30-90 days4.5%5%
3-6 months5.25%5.75%
6-12 months5.9%6.4%
1 year6.25%6.75%
2 years6.5%7%
3 years6.45%6.95%
5 years6.5%7%

Indicative rates. Actual rates may differ - verify with ICICI Bank before investing.

ICICI Bank FD Maturity - Quick Reference (at 6.45%)

Principal1 yr2 yr3 yr5 yr
Rs. 1.00 lakhRs. 1.07 lakhRs. 1.14 lakhRs. 1.21 lakhRs. 1.38 lakh
Rs. 2.50 lakhRs. 2.67 lakhRs. 2.84 lakhRs. 3.03 lakhRs. 3.44 lakh
Rs. 5.00 lakhRs. 5.33 lakhRs. 5.68 lakhRs. 6.06 lakhRs. 6.89 lakh
Rs. 10.00 lakhRs. 10.66 lakhRs. 11.37 lakhRs. 12.12 lakhRs. 13.77 lakh
Rs. 25.00 lakhRs. 26.65 lakhRs. 28.41 lakhRs. 30.29 lakhRs. 34.43 lakh

Customize your FD calculation

₹1,000₹1 Cr
3%15%
1 yr10 yrs

Maturity Amount

₹6.07 L

In today's money: ₹5.09 L(6% inflation)

Total Interest

₹1.07 L

Effective Annual Rate

6.66%

Compounding advantage vs simple interest

Simple interest maturity₹5.97 L
Quarterly compounding maturity₹6.07 L
Quarterly compounding earns ₹9,204 extra over 3 yrs at the same 6.5% rate

Year-by-Year Growth

ICICI Bank FD - Key Features

  • -Second largest private sector bank in India
  • -DICGC insured up to Rs. 5 lakh
  • -iWish flexible RD available alongside FD
  • -Senior citizens get 0.50% additional rate
  • -Tax Saving FD available with 5-year lock-in

ICICI Bank FD Returns by Amount & Tenure

Maturity value and interest earned at ICICI Bank's 1 / 2 / 3 / 5-year card rates (quarterly compounding)

Deposit1 yr @ 6.25%2 yr @ 6.5%3 yr @ 6.45%5 yr @ 6.5%
Rs. 1.00 lakh
Rs. 1.06 lakh
+Rs. 6,398 interest
Rs. 1.14 lakh
+Rs. 13,764 interest
Rs. 1.21 lakh
+Rs. 21,162 interest
Rs. 1.38 lakh
+Rs. 38,042 interest
Rs. 5.00 lakh
Rs. 5.32 lakh
+Rs. 31,990 interest
Rs. 5.69 lakh
+Rs. 68,820 interest
Rs. 6.06 lakh
+Rs. 1.06 lakh interest
Rs. 6.90 lakh
+Rs. 1.90 lakh interest
Rs. 10.00 lakh
Rs. 10.64 lakh
+Rs. 63,980 interest
Rs. 11.38 lakh
+Rs. 1.38 lakh interest
Rs. 12.12 lakh
+Rs. 2.12 lakh interest
Rs. 13.80 lakh
+Rs. 3.80 lakh interest

Assumes quarterly compounding with interest reinvested (cumulative FD). Indicative rates as of 2026-07-15 — verify with ICICI Bank before investing.

Senior citizen FD rates at ICICI Bank

Depositors aged 60 and above earn an extra 0.5% at ICICI Bank. Here is the difference on a ₹5 lakh deposit (quarterly compounding):

TenureGeneralSeniorSenior maturityExtra interest
1 year6.25%6.75%Rs. 5.35 lakh+Rs. 2,624
2 years6.5%7%Rs. 5.74 lakh+Rs. 5,621
3 years6.45%6.95%Rs. 6.15 lakh+Rs. 9,004
5 years6.5%7%Rs. 7.07 lakh+Rs. 17,179

Best ICICI Bank FD tenure right now

Several tenures share ICICI Bank's top rate of 6.5% (2 years, 5 years). Since they pay the same, pick the one that matches when you will need the money. Rates span 6.25%–6.5% across 1–5 years; note that only the dedicated 5-year tax-saving FD qualifies for Section 80C.

Frequently Asked Questions

What is the ICICI Bank FD interest rate in 2026?

ICICI Bank offers FD rates from about 6.25% to 6.5% p.a. for 1 to 5-year deposits (general public). The best rate, 6.5%, is on the 2, 5-year deposits. Senior citizens earn an extra 0.5% (some banks give up to 0.75% on longer or special tenures). These are indicative card rates as of 2026-07-15 — confirm the live rate with ICICI Bank before booking.

Do senior citizens get a higher FD rate at ICICI Bank?

Yes. ICICI Bank adds 0.5% to the general rate for depositors aged 60 and above. On a ₹5 lakh 3 years FD that lifts the rate from 6.45% to 6.95% and the interest from Rs. 1.06 lakh to Rs. 1.15 lakh — about Rs. 9,004 extra on the same deposit.

How much will ₹5 lakh grow in a ICICI Bank FD?

A ₹5 lakh deposit in a 3 years ICICI Bank FD at 6.45% p.a. (quarterly compounding) matures to about Rs. 6.06 lakh, earning Rs. 1.06 lakh in interest. See the maturity table above for ₹1 lakh, ₹5 lakh and ₹10 lakh across 1, 2, 3 and 5-year tenures.

Is ICICI Bank FD interest taxable and is TDS deducted?

Yes. FD interest is fully taxable and added to your income under "Income from Other Sources", taxed at your slab rate. ICICI Bank deducts TDS at 10% once your interest at the bank crosses ₹50,000 in a financial year (₹1 lakh for senior citizens); without a PAN it is 20%. TDS is only advance tax — if your income is below the taxable limit, submit Form 15G (Form 15H for seniors) to stop it, then settle any balance when you file your return.

Can I withdraw a ICICI Bank FD before maturity?

Yes, most ICICI Bank FDs allow premature withdrawal. Interest is then paid at the rate applicable for how long the deposit actually stayed (or the booked rate, whichever is lower), minus a penalty of typically 0.5%–1%. The exception is the 5-year tax-saving FD, which is locked in and cannot be broken early. Enter a shorter tenure in the calculator above to estimate what you would receive.

Cumulative vs monthly-payout ICICI Bank FD — which pays more?

A cumulative FD keeps the interest inside the deposit and compounds it quarterly, so it pays the most at maturity. A non-cumulative FD pays interest out every month or quarter for regular income, but nothing compounds, so the total is lower. On a ₹5 lakh 3 years FD at 6.45%, the cumulative option earns about Rs. 1.06 lakh versus roughly Rs. 96,750 as plain interest — the extra Rs. 9,059 is the value of compounding. Retirees who need monthly cash flow often still choose the payout option.

Is a ICICI Bank FD safe?

ICICI Bank FDs are insured by the DICGC up to ₹5 lakh per depositor per bank, covering both principal and interest. As an RBI-regulated bank, ICICI Bank is a very safe place to park money within that ₹5 lakh limit; spread larger sums across banks to stay fully insured.

Which ICICI Bank FD tenure gives the highest return?

Several tenures share ICICI Bank's top rate of 6.5% (2 years, 5 years), so choose the one that matches when you will need the money rather than simply locking in for the longest term.