ICICI Bank Interest Rates on FD, Feb 2017

Fixed Deposit Interest Rate of ICICI Bank

Last Updated 22nd Feb 2017
Tenure General Rates Senior Citizen Rates
7 days to 14 days 4.00% 4.50%
15 days to 29 days 4.25% 4.75%
30 days to 45 days 5.50% 6.00%
46 days to 60 days 5.75% 6.25%
61 days to 90 days 6.25% 6.75%
91 days to 120 days 6.25% 6.75%
121 days to 184 days 6.25% 6.75%
185 days to 289 days 6.25% 6.75%
290 days to 364 days 6.50% 7.00%
1 year to 389 days 6.90% 7.40%
390 days to 2 years 7.00% 7.50%
2 years 1 day to 5 years 6.75% 7.25%
5 years 1 day to 10 years 6.50% 7.00%
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  • ICICI Bank offers FD interest rates upto 7.00% per annum.
  • Interest on deposits with ICICI Bank is typically compounded quarterly.
  • ICICI Bank accepts deposits starting at Rs. 10000 for various tenures.
  • For senior citizens (age more than 60 years), ICICI Bank offers higher interest rate over and above rates mentioned below.
Calculate ICICI Bank
FD Maturity Amount

ICICI Bank Fixed Deposit – Premature Withdrawl

  • You may break you FD and withdraw your money subject to minimum moratorium requirements.
  • However, in case of premature withdrawal, ICICI Bank pays 1% lower ROI than that applicable for actual duration of deposit.

Loan against ICICI Bank FD

  • ICICI Bank offers loan upto 90% against its own deposit. Note that you cannot obtain a loan against FD from another bank.
  • Applicable rate of interest on loan against FD is typically 0.5% to 2% over the fixed deposit rate.

ICICI Bank Interest Rates in your city. How and where to apply?

  • Keep your KYC documents - PAN card, address proof and photo ready.
  • In case you already hold an account with ICICI Bank, you don’t need to submit KYC documents again.
  • To know more or apply, contact any of the branches of ICICI Bank in your city - Find ICICI Bank Branches here

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  • ICICI Bank FD rates with other banks in India

About ICICI Bank

ICICI Bank was incorporated in 1994 when it was promoted by ICICI Limited, an Indian financial institution as its wholly owned subsidiary. After almost 7 years of working as a subsidiary of ICICI limited, ICICI Bank merged with itself ICICI Limited along with its other two subsidiaries in April, 2002 to form a single entity to serve both wholesale and retail customers. ICICI Bank is India's second largest bank and the largest private sector bank in terms of assets and market capitalization. The bank provides a complete range of banking products and financial services to its customers through multi-channel delivery platform across all customer segments including corporate retail, small business, and agriculture. The bank has built a huge customer base with its network of 3,800 branches and 11,162 ATMs in the country. The bank had total asset worth Rs 5,94,600 crore at 31st March,2014 and recorded a net profit of Rs 9,800 crores for the year ended 31st March 2014. The bank also recorded a year-on- year growth of 17% in total advances with a healthy growth on retail advances at 23% from 2013. The bank is a market leader in many of the retail loan segments including home loans where it has emerged as the largest provider with advances of Rs 3,47,067 crores as on Jun-2014. ICICI Bank is known for continued focus on innovation and its contribution to the country in terms of increasing the penetration of finance to the masses of our country. In recognition of its excellence, it was awarded 'Best Retail bank in India',' Excellence in Retail Financial Services' by The Asian Banker and was also named 'Best Trade Finance Bank in India' at The Corporate Treasurer Awards in 2013.
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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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