{"id":10782,"date":"2026-02-27T08:04:16","date_gmt":"2026-02-27T08:04:16","guid":{"rendered":"https:\/\/lemonn.co.in\/blog\/?post_type=banking&p=10782"},"modified":"2026-02-27T08:04:17","modified_gmt":"2026-02-27T08:04:17","slug":"icici-bank-rd-interest-rates-2026-check-latest-icici-recurring-deposit-rates","status":"publish","type":"banking","link":"https:\/\/lemonn.co.in\/blog\/banking\/icici-bank-rd-interest-rates-2026-check-latest-icici-recurring-deposit-rates\/","title":{"rendered":"ICICI Bank RD Interest Rates 2026 \u2013 Check Latest ICICI Recurring Deposit Rates"},"content":{"rendered":"\n

Planning to save a fixed amount every month with guaranteed returns? The ICICI Bank Recurring Deposit (RD)<\/strong> is a convenient way to build savings gradually without market risk.<\/p>\n\n\n\n

In this 2026 guide, we\u2019ll cover the latest ICICI RD interest rates, tenure options, features, eligibility, tax rules, and how to open an RD account<\/strong> \u2014 all explained step-by-step.<\/p>\n\n\n\n

Quick Summary: ICICI RD 2026<\/h2>\n\n\n\n
Feature<\/th>Details<\/th><\/tr><\/thead>
Interest Rate (2026)<\/td>Around 6.60% \u2013 7.50% p.a.*<\/td><\/tr>
Senior Citizen Rate<\/td>Usually 0.50% higher<\/td><\/tr>
Minimum Monthly Deposit<\/td>\u20b9500 or \u20b91,000 (varies by scheme)<\/td><\/tr>
Tenure<\/td>6 months to 10 years<\/td><\/tr>
Compounding<\/td>Quarterly<\/td><\/tr>
Premature Closure<\/td>Allowed with penalty<\/td><\/tr>
Loan Against RD<\/td>Available<\/td><\/tr>
Risk Level<\/td>Low<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

*Interest rates depend on tenure and bank updates. Always check ICICI Net Banking or the iMobile app for the latest confirmation.<\/p>\n\n\n\n

Latest ICICI Bank RD Interest Rates 2026<\/h1>\n\n\n\n

ICICI Bank RD rates are generally aligned with its Fixed Deposit (FD) rates for corresponding tenures.<\/p>\n\n\n\n

Typical Interest Rate Range (2026):<\/h3>\n\n\n\n
    \n
  • General Public:<\/strong> 6.60% \u2013 7.50% per annum<\/li>\n\n\n\n
  • Senior Citizens:<\/strong> Up to 0.50% higher<\/li>\n<\/ul>\n\n\n\n

    The interest rate applicable at the time of opening remains fixed for the entire tenure.<\/p>\n\n\n\n

    Interest is compounded quarterly and paid at maturity.<\/p>\n\n\n\n

    What is ICICI Bank Recurring Deposit (RD)?<\/h1>\n\n\n\n

    ICICI RD allows you to:<\/p>\n\n\n\n

      \n
    • Deposit a fixed amount every month<\/li>\n\n\n\n
    • Earn guaranteed interest<\/li>\n\n\n\n
    • Receive a lump sum at maturity<\/li>\n<\/ul>\n\n\n\n

      It is ideal for:<\/p>\n\n\n\n

      \u2714 Salaried professionals
      \u2714 Self-employed individuals
      \u2714 Students
      \u2714 Anyone planning short- or medium-term goals<\/p>\n\n\n\n

      Tenure Options Available<\/h1>\n\n\n\n

      ICICI Bank offers flexible RD tenures:<\/p>\n\n\n\n

        \n
      • Minimum: 6 months<\/li>\n\n\n\n
      • Maximum: 10 years<\/li>\n<\/ul>\n\n\n\n

        You can select tenure based on your savings goal.<\/p>\n\n\n\n

        ICICI RD Interest Calculation Example (2026)<\/h1>\n\n\n\n

        Let\u2019s assume:<\/p>\n\n\n\n

          \n
        • \u20b94,000 deposited monthly<\/li>\n\n\n\n
        • Tenure: 5 years<\/li>\n\n\n\n
        • Interest Rate: 7%<\/li>\n<\/ul>\n\n\n\n

          Total Investment: \u20b92,40,000
          Estimated Maturity Amount: Around \u20b92,82,000+<\/p>\n\n\n\n

          (Exact maturity value depends on applicable rate and compounding. Use the ICICI RD calculator in Net Banking for precise figures.)<\/p>\n\n\n\n

          Key Features of ICICI RD<\/h1>\n\n\n\n

          Flexible Monthly Deposit<\/h2>\n\n\n\n
            \n
          • Minimum deposit starts from \u20b9500 or \u20b91,000.<\/li>\n\n\n\n
          • Deposits in multiples as per the bank policy.<\/li>\n<\/ul>\n\n\n\n

            Auto-Debit Facility<\/h2>\n\n\n\n
              \n
            • The monthly installment is automatically debited from the ICICI savings account.<\/li>\n\n\n\n
            • Helps avoid late payment penalties.<\/li>\n<\/ul>\n\n\n\n

              Loan Against RD<\/h2>\n\n\n\n
                \n
              • Loan facility available (usually up to 90% of RD balance).<\/li>\n\n\n\n
              • Interest slightly higher than the RD rate.<\/li>\n<\/ul>\n\n\n\n

                Premature Closure<\/h2>\n\n\n\n
                  \n
                • Allowed before maturity.<\/li>\n\n\n\n
                • Penalty charges apply.<\/li>\n\n\n\n
                • Interest adjusted as per bank rules.<\/li>\n<\/ul>\n\n\n\n

                  Nomination Facility<\/h2>\n\n\n\n
                    \n
                  • Nominee can be added at account opening.<\/li>\n\n\n\n
                  • Can update the nominee anytime.<\/li>\n<\/ul>\n\n\n\n

                    Eligibility Criteria<\/h1>\n\n\n\n

                    You can open an ICICI RD if you are:<\/p>\n\n\n\n

                      \n
                    • Resident Indian individual<\/li>\n\n\n\n
                    • Minor (with guardian)<\/li>\n\n\n\n
                    • Joint account holder<\/li>\n\n\n\n
                    • HUF (as per bank norms)<\/li>\n<\/ul>\n\n\n\n

                      NRIs can open NRE\/NRO RD accounts (subject to bank terms).<\/p>\n\n\n\n

                      How to Open ICICI RD (Step-by-Step)<\/h1>\n\n\n\n

                      Through the iMobile App<\/h2>\n\n\n\n
                        \n
                      1. Log in to the ICICI iMobile app<\/li>\n\n\n\n
                      2. Go to the \u201cDeposits\u201d section<\/li>\n\n\n\n
                      3. Select \u201cRecurring Deposit\u201d<\/li>\n\n\n\n
                      4. Enter monthly amount & tenure<\/li>\n\n\n\n
                      5. Confirm and submit<\/li>\n<\/ol>\n\n\n\n

                        Through Net Banking<\/h2>\n\n\n\n
                          \n
                        1. Log in to ICICI Net Banking<\/li>\n\n\n\n
                        2. Click on \u201cDeposits\u201d<\/li>\n\n\n\n
                        3. Choose \u201cOpen Recurring Deposit\u201d<\/li>\n\n\n\n
                        4. Enter details and confirm<\/li>\n<\/ol>\n\n\n\n

                          Through Branch<\/h2>\n\n\n\n
                            \n
                          1. Visit the nearest ICICI Bank branch<\/li>\n\n\n\n
                          2. Fill the RD application form<\/li>\n\n\n\n
                          3. Submit KYC documents if required<\/li>\n\n\n\n
                          4. Deposit first installment<\/li>\n<\/ol>\n\n\n\n

                            Is ICICI RD Interest Taxable?<\/h1>\n\n\n\n

                            Yes.<\/p>\n\n\n\n

                              \n
                            • Interest earned is fully taxable.<\/li>\n\n\n\n
                            • TDS applies if the total interest exceeds the prescribed limit.<\/li>\n\n\n\n
                            • Submit Form 15G\/15H if eligible.<\/li>\n\n\n\n
                            • Declare interest in your Income Tax Return (ITR).<\/li>\n<\/ul>\n\n\n\n

                              RD does not qualify under Section 80C.<\/p>\n\n\n\n

                              Advantages of ICICI RD<\/h1>\n\n\n\n

                              \u2714 Guaranteed returns
                              \u2714 Flexible tenure options
                              \u2714 Easy online opening
                              \u2714 Loan facility available
                              \u2714 Suitable for disciplined monthly savings<\/p>\n\n\n\n

                              Limitations to Consider<\/h1>\n\n\n\n

                              Interest is taxable
                              Premature withdrawal penalty
                              Returns may not beat inflation
                              Fixed monthly commitment required<\/p>\n\n\n\n

                              ICICI RD vs FD \u2013 Quick Comparison<\/h1>\n\n\n\n
                              Feature<\/th>RD<\/th>FD<\/th><\/tr><\/thead>
                              Deposit Type<\/td>Monthly<\/td>Lump sum<\/td><\/tr>
                              Returns<\/td>Fixed<\/td>Fixed<\/td><\/tr>
                              Ideal For<\/td>Regular savers<\/td>Lump sum investors<\/td><\/tr>
                              Loan Facility<\/td>Yes<\/td>Yes<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

                              FAQs on ICICI RD 2026<\/h1>\n\n\n
                              \n
                              \n
                              \n

                              1. What is the current ICICI RD interest rate in 2026?<\/h3>\n
                              \n\n

                              A. It typically ranges between 6.60% and 7.50%, depending on tenure.<\/p>\n\n<\/div>\n<\/div>\n

                              \n

                              2. Can I close ICICI RD before maturity?<\/h3>\n
                              \n\n

                              A. Yes, but penalty charges may apply.<\/p>\n\n<\/div>\n<\/div>\n

                              \n

                              3. What is the minimum amount to open an ICICI RD?<\/h3>\n
                              \n\n

                              A. Usually \u20b9500 or \u20b91,000 per month.<\/p>\n\n<\/div>\n<\/div>\n

                              \n

                              4. Is ICICI RD safe?<\/h3>\n
                              \n\n

                              A. Yes, it offers fixed and guaranteed returns.<\/p>\n\n<\/div>\n<\/div>\n

                              \n

                              5. Can NRIs open ICICI RD?<\/h3>\n
                              \n\n

                              A. Yes, through NRE\/NRO RD schemes as per bank rules.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n

                              Troubleshooting & Common Issues<\/h1>\n\n\n\n

                              Missed Monthly Installment?<\/h3>\n\n\n\n
                                \n
                              • Late payment penalty may apply.<\/li>\n\n\n\n
                              • Continuous non-payment may result in account closure.<\/li>\n<\/ul>\n\n\n\n

                                RD Not Showing in App?<\/h3>\n\n\n\n
                                  \n
                                • Refresh the dashboard.<\/li>\n\n\n\n
                                • Check under \u201cDeposits\u201d.<\/li>\n\n\n\n
                                • Contact ICICI customer care if needed.<\/li>\n<\/ul>\n\n\n\n

                                  Security & Smart Saving Tips<\/h1>\n\n\n\n
                                    \n
                                  • Enable auto-debit for timely payments.<\/li>\n\n\n\n
                                  • Compare RD and FD rates before investing.<\/li>\n\n\n\n
                                  • Keep track of the maturity date.<\/li>\n\n\n\n
                                  • Never share OTP or login credentials.<\/li>\n<\/ul>\n\n\n\n

                                    Conclusion<\/h1>\n\n\n\n

                                    The ICICI Bank Recurring Deposit (2026)<\/strong> is a reliable option for building savings steadily with guaranteed returns. With interest rates typically ranging between 6.60% and 7.50%, it offers flexibility and safety for short- and medium-term goals.<\/p>\n\n\n\n

                                    If you want disciplined monthly savings without market risk, ICICI RD can be a practical addition to your financial plan.<\/p>\n\n\n\n

                                    Before opening an RD, always check the latest interest rate in ICICI Net Banking or the iMobile app for confirmation.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-10782","banking","type-banking","status-publish","hentry"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking\/10782","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/banking"}],"about":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/types\/banking"}],"wp:attachment":[{"href":"https:\/\/lemonn.co.in\/blog\/wp-json\/wp\/v2\/media?parent=10782"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}