ICICI FD Interest Rates 2026 – Latest ICICI Bank Fixed Deposit Rates, Features & Eligibility
ICICI Bank Fixed Deposits (FDs) remain one of the most preferred investment options in 2026 for individuals seeking safe and predictable returns. With flexible tenures, competitive interest rates, and easy online booking, ICICI FDs are suitable for salaried professionals, senior citizens, and conservative investors.
Here’s a complete guide covering ICICI FD interest rates 2026, features, eligibility, tax rules, and how to open an FD.
Quick Summary: ICICI Bank FD 2026
| Feature | Details |
|---|---|
| Bank Name | ICICI Bank |
| Tenure | 7 days to 10 years |
| Minimum Deposit | ₹10,000 (may vary by scheme) |
| Maximum Deposit | No upper limit |
| Senior Citizen Benefit | +0.50% (typically) |
| Interest Payout | Monthly / Quarterly / On Maturity |
| Premature Withdrawal | Allowed with penalty |
| Loan Against FD | Available |
ICICI FD Interest Rates 2026
ICICI Bank FD rates depend on tenure and customer category (general public or senior citizen). Rates are revised periodically.
ICICI FD Rates for General Public (Indicative 2026)
| Tenure | Interest Rate (p.a.) |
|---|---|
| 7 – 14 days | 3.00% |
| 15 – 29 days | 3.00% |
| 30 – 45 days | 3.50% |
| 46 – 60 days | 4.25% |
| 61 – 90 days | 4.50% |
| 91 days – 6 months | 4.75% |
| 6 months 1 day – 9 months | 5.75% |
| 9 months 1 day – 1 year | 6.00% |
| 1 year – 15 months | 6.70% |
| 15 months – 2 years | 7.10% |
| 2 – 5 years | 7.00% |
| 5 – 10 years | 6.75% |
ICICI FD Rates for Senior Citizens (60+ Years)
Senior citizens typically get an additional 0.50% interest over regular FD rates.
Example: If the general rate is 7.00%, seniors may earn around 7.50%.
ICICI Bank may also introduce special FD schemes for limited periods. Always check the latest rates in the ICICI Bank mobile app or branch before investing.
Key Features of ICICI Bank Fixed Deposits
1. Flexible Tenure
Choose from short-term (7 days) to long-term (10 years).
2. Guaranteed Returns
Interest rate remains fixed for the selected tenure.
3. Multiple Interest Payout Options
- Cumulative FD – Interest paid at maturity
- Non-cumulative FD – Monthly or quarterly income
4. Loan or Overdraft Against FD
Avail up to 80–90% of the FD amount as a loan.
5. Premature Withdrawal Facility
Allowed with applicable penalty.
6. Auto-Renewal Option
FD can automatically renew at maturity.
Types of ICICI FD Schemes
ICICI Bank offers:
- Regular Fixed Deposit
- Tax Saver FD (5-year lock-in)
- Senior Citizen FD
- NRE/NRO Fixed Deposits (for eligible NRIs)
- Money Multiplier / Sweep-in FD
ICICI Tax Saver FD 2026
If you are planning tax savings:
- Lock-in period: 5 years
- Eligible under Section 80C (up to ₹1.5 lakh)
- Premature withdrawal not allowed
- Interest earned is taxable
Suitable for salaried individuals looking to reduce taxable income.
Eligibility Criteria
You can open an ICICI FD if you are:
- Resident Indian (18+ years)
- Senior citizen (60+ years)
- Minor (through guardian)
- Joint account holders
- HUF, firms, or companies (as per bank norms)
NRIs can open NRE/NRO FDs subject to eligibility conditions.
How to Open ICICI FD (Step-by-Step)
Option 1: Online via ICICI Net Banking / iMobile App
- Login to ICICI net banking or iMobile app
- Select “Open Fixed Deposit”
- Enter deposit amount
- Choose tenure
- Select payout option
- Confirm and submit
FD receipt is generated instantly.
Option 2: Visit ICICI Branch
- Fill FD application form
- Submit KYC documents (Aadhaar, PAN)
- Deposit cheque or transfer funds
- Collect FD certificate
Premature Withdrawal Rules
- Allowed before maturity
- Penalty typically 0.5%–1% lower than applicable rate
- Tax Saver FD cannot be closed before 5 years
Check penalty details in the app before breaking your FD.
Taxation on ICICI FD Interest
Important tax details for 2026:
- Interest earned is fully taxable
- TDS applicable if interest exceeds prescribed limits
- Senior citizens have higher TDS threshold
- Submit Form 15G/15H (if eligible) to avoid TDS
Always report FD interest while filing your Income Tax Return (ITR).
Who Should Invest in ICICI FD?
ICICI FD is suitable for:
Risk-averse investors
Senior citizens seeking stable returns
Individuals planning short-term savings
Taxpayers looking for 80C tax-saving option
It may not suit investors looking for market-linked growth.
FAQs – ICICI FD Interest Rates 2026
1. What is the highest ICICI FD interest rate in 2026?
A. Mid-term tenures (around 15–24 months) typically offer higher rates. Check the ICICI app for latest updates.
2. Is ICICI FD safe?
A. ICICI Bank is a regulated private sector bank under RBI supervision.
3. Can I break ICICI FD before maturity?
A. Yes, except Tax Saver FD. Penalty may apply.
4. What is the minimum deposit amount?
A. Typically ₹10,000, but it may vary by scheme.
5. Does ICICI offer monthly interest payout?
A. Yes, under non-cumulative FD option.
Troubleshooting & Common Issues
FD Not Showing in App?
Log out and log in again. If still not visible, contact ICICI customer support.
TDS Deducted Unexpectedly?
Ensure PAN is updated and Form 15G/15H is submitted.
Auto-Renewal Not Activated?
Update maturity instructions in net banking.
Security Tips Before Investing
- Verify interest rate and tenure before confirmation
- Add nominee details
- Avoid sharing OTP or banking credentials
- Keep FD receipt stored safely
- Use official ICICI Bank channels only
Conclusion
ICICI FD interest rates in 2026 remain competitive across various tenures, especially mid-term deposits. With flexible payout options, senior citizen benefits, and convenient digital access, ICICI Bank Fixed Deposits continue to be a reliable option for safe investments.
Before investing, compare tenure-wise returns and check the latest rates in your ICICI Bank app or branch to make an informed decision.
