savings nobanner
Apply Online
Personal
NRI
Business
Corporate
ININ
Close Menu
Personal ›Products ›Deposits ›Recurring Deposits ›RD Interest Rates
Select Different Product
FD Xtra
Fixed Deposit with Monthly Income option
Recurring Deposit with Monthly Income Option
Fixed Deposit
Fixed Deposit (without premature withdrawal facility)
Form 15G/15H
Important Links

Recurring Deposit Interest Rates

Tenure Wise Recurring Deposit Interest Rates

Maturity PeriodRate of Interest (% p.a.) w.e.f October 21, 2020
GeneralSenior Citizen
6 months 3.50 4.00
9 months 4.40 4.90
12 months 4.90 5.40
15 months 4.90 5.40
18 months 5.00 5.50
21 months 5.00 5.50
24 months 5.00 5.50
27 months 5.15 5.65
30 months 5.15 5.65
33 months 5.15 5.65
36 months 5.15 5.65
Above 3 years upto 5 years 5.35 5.85
Above 5 years upto 10 years 5.50 6.30

Note:

  • Recurring Deposits will be available for a minimum tenure of 6 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years.
  • As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD
  • For terms & conditions and any other details, please contact your nearest ICICI Bank Branch.

Penalty on Delayed Installment:

  • Penalty is charged at monthly interest at the rate of ₹ 12 per ₹ 1000 for all delayed installments.
  • Fraction of a month will be treated as full month for the purpose of calculating such interest.
  • The total interest so chargeable shall be recovered from the total amount of interest payable at the time of maturity. 

 

RD Interest Rates on Premature Withdrawal:

  • Interest will be calculated at the rate applicable for the period the deposit has actually remained with ICICI Bank.
  • Penalty will be levied on the rate applicable as per the table below
Original Tenure of DepositPenal Rates*
Less than ₹ 5.0 crore₹ 5.0 crore & above
Less than 1 year 0.50% 0.50%
1 year & above but less than 5 years 1.00% 1.00%
5 years and above 1.00% 1.50%

*Subject to revision without further notice.

 

Sorry, but the page you were trying to view does not exist.

It looks like this was the result of either:

  • a mistyped address
  • an out-of-date link

Recommended Products

FD Xtra

FD Xtra

For those who always want something extra
iWish

iWish

iWish is a unique online flexible Recurring Deposit
Recurring Deposit

Recurring Deposit

Invest small amounts of money every month
Savings Account

Savings Account

Designed to fulfil your different needs in every stage of life
Life Insurance

Life Insurance

Trusted plans to secure your family

Scroll to top

arrow