Recurring Deposit Interest Rates

Tenure Wise Recurring Deposit Interest Rates

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

*Subject to revision without further notice.