ICICI Bank FD Calculator

Last Updated 22nd Feb 2017

FD Calculator ICICI Bank – Know your maturity amount?

  • ICICI Bank, a leading Private Bank in India offers attractive interest rates upto 7.00% on its fixed deposits.
  • FD maturity amount that you will get depends upon
    • Deposit amount
    • Rate of interest
    • FD tenure
    • Compounding frequency
    • TDS applicability and TDS rate
Deposit Amount
Rate of Interest %
Period of Deposit
Interest Compounding Frequency
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ICICI Bank Fixed Deposit calculator – FD Options

  • In a periodic interest payout option, ICICI Bank would transfer the interest earned at each interval (say, quarterly) to your bank account. The interest would remain the same across the life of the deposit. On maturity, unless the deposit is renewed, would transfer the principal amount to your bank account.
  • In case you opt for a ICICI Bank cumulative deposit, on maturity you would get a credit for the principal and interest earned net of TDS.
  • Calculate the FD maturity amount using the FD calculator.

Fixed Deposit calculator ICICI Bank – Will TDS be deducted?

  • In case the interest earned by you across all your fixed deposits across all branches of ICICI Bank in a year exceeds 0, the bank must deduct TDS at 10.3%. In case your IT PAN is not updated in the ICICI Bank records, it must deduct twice the TDS at 20.6%. So, do remember to update your PAN on your FD.
  • Sorry, but we aren’t done with tax yet. This was only the TDS. Now, you would need to add the interest income on all your ICICI Bank FD’s and other FD’s to your taxable income for the year. Based upon your tax bracket, income tax is payable on this income. Remember that you must estimate the interest income and all your other incomes and, based on this, pay advance tax on advance tax payment dates (15th Sep, 15th Dec, 15th March and 31st March).
  • ICICI Bank will also issue you a Form 16A giving details of tax deducted on FD interest and tax deposited by it with government treasury. The TDS amount deposited by the bank with Income Tax Department can be verified in your 26AS statement available online on IT department website or through your net banking account. You can claim credit for the TDS amount in your annual Income Tax Return.

ICICI Bank FD interest rate calculator – Check your city

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • To know more or apply, contact any of the branches of ICICI Bank in your city - Find ICICI Bank Branches here

  • FD Calculator of all banks in India

News - Feb 2017
22nd Feb 17 ICICI Bank and DishTv to provide customized UPI payment options for subscribers
ICICI Bank and DishTv have come together to develop customized UPI (Unified Payment Interface) for the DishTv subscribers. Subscribers can make payment through a specific UPI ID. The bank also plans to provide the UPI payment facility to non internet users via USSD platform. The alliance is expected to create a larger customer base for both the company and the bank.
10th Feb 17 Retail loan and consumer loan portfolio of banks and NBFCs surges during November and December, 2016
A report by Economic Times highlighted the positive impact of demonetisation on the retail loan and consumer loan portfolios of the banks and NBFCs during the month of November and December, 2016. As per the report, several banks and NBFCs including ICICI Bank, Central Bank, Bajaj Finance and Capital First have reported fairly strong growth in their consumer durable and personal loan portfolio during the months on November and December.
01st Feb 17 ICICI Bank registers a decline in its net profit during third quarter of FY17
ICICI Bank has registered a decline of 19 percent in its net profit at Rs. 2,441 crore in third quarter of FY17 as compared to Rs. 3,018 crore for the corresponding period a year ago. Non-interest income of the bank also declined and reached at Rs. 3,939 crore during the quarter as compared to Rs. 4,217 crore a year ago. However, the bank has registered a decent growth of 18 percent in its retail loan business during Q3 of FY17.
31st Jan 17 ICICI Bank is likely to register a decline in its net profit during third quarter of FY17
Analysts at Economic Times have forecasted a decline in net profit of the largest private sector bank, ICICI Bank in third quarter of FY17. As per the polls, the bank is expected to see a decline of 28 percent in its net profit to Rs. 2,165 crore in third quarter of FY17 as compared to Rs. 3,018 crore for the corresponding period a year ago. The bank is expected to see a moderate growth of 6 percent in its loan disbursements on an year on year basis. ICICI Bank is scheduled to announce its Q3 results on 31st January, 2017.
20th Jan 17 NPCI notifies ICICI Bank to allow UPI payments on PhonePe with immediate effect
National Payments Corporation of India in its verdict has notified ICICI Bank to allow UPI payments through digital wallet application named PhonePe with immediate effect. The bank blocked the UPI payments for customers on Flipkart wallet PhonePe citing security concerns over customer data on 13th January, 2017.
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