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Fixed Deposit
Meet your short & long term goals with an FD, earning higher interest with flexible tenures. FD provides safety, instant liquidity and tax benefits for your investment.
Assured & attractive returns
Open in 60 seconds
Free from market ups & downs
Manage digitally
Calculate & compare to find a suitable FD for you
Explore moreFixed Deposits tailored for you
Money
Multiplier
Fixed Deposit
- Start with ₹5,000
- Flexible tenure from 1 year to 10 years
- Liquidity of a Savings Account
- Automatic reverse sweep facility for individual customers when the balance in the Savings Accounts falls below ₹10,000
- FDs will be broken in Last-In, First-Out (LIFO) basis for reverse sweep
iWish Goal Based Savings
The smart way to save for what matters the most
Save any amount anytime
No penalty on missed deposits
Digitally track & manage your goals
Add funds from any bank account
For every wish of yours, there is an iWish
Know moreRecurring Deposit
A safe investment option providing assured returns and it is designed to help you achieve your dreams through small regular investments
Start as low as ₹500
Assured & attractive returns
Open in 60 seconds
Manage digitally
Calculate your long term earnings by saving small
Calculate RD returnsPopular FAQs about 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 the amount you are opting for.
What are the types of FDs offered by ICICI Bank?
ICICI Bank offers two types of FDs:
Traditional Fixed Deposit:Â Interest amount is credited at regular intervals, i.e., Quarterly or Monthly. Customer can opt for Monthly/Quarterly payout at the time of creating the Fixed Deposit
Cumulative Fixed Deposit:Â Customer will receive a lump sum amount after maturity. The interest accrued is added back to the principal amount at quarterly intervals.
Who can invest in ICICI Bank Fixed Deposits?
Individuals and entities mentioned below are eligible to apply for a regular Fixed Deposit online:
Residents
Hindu Undivided Families
Sole Proprietorship Firms
Partnership Firms
Limited Companies
Trust Accounts
Non-Resident Indians
Minors with Guardianship.
Also, the Savings Account should be KYC verified.
What is the rate of interest on ICICI Bank Fixed Deposits?
ICICI Bank offers attractive interest rates on Fixed Deposits. 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 Account anytime, anywhere through any of the following channels such as iMobile Pay App, Internet Banking, Branch Visit, ATM or by contacting Customer Care.
What is the minimum amount required to open an FD?
A minimum deposit of ₹10,000 is necessary to open an ICICI Bank Fixed Deposit Account. For Recurring Deposits, a minimum deposit of ₹500 is required and later deposits in multiples of ₹100 (monthly).
What is the minimum and the maximum tenure for a Fixed Deposit?
ICICI Bank offers a flexible tenure for FDs that ranges from 7 days to 10 years.
How can I calculate the rate of interest on my Fixed Deposit?
You can calculate the interest rate using ICICI Bank FD Calculator. Please click here to use ICICI Bank FD Calculator
What are the steps to create an FD Account through Internet Banking?
Log in to ICICI Bank Internet Banking
Go to ‘Bank Accounts’
Select ‘Deposits’
Click on ‘Create FD’
Select your FD type
Enter your investment amount. You can open an FD for an amount equal to or greater than ₹10,000
Select your FD tenure & Interest payout option
Click on ‘Create FD’. You have successfully opened an FD Account with ICICI Bank.