By IndiaHub 
After the revision, ICICI Bank offers FD interest rates between 3% and 6.6% to general citizens for amounts below Rs 3 crore; for senior citizens, the rates vary between 3.5% and 7.1%. Earlier, the bank used to offer the highest FD interest rate of 7.3% to senior citizens and 6.85% to general citizens on tenures of 18 months to 2 years.
According to reports, IDFC First Bank has also reduced its FD interest rates after RBI’s recent rate cut on June 6, 2025.
Latest ICICI Bank FD Interest Rates
ICICI Bank has reduced its fixed deposit (FD) interest rates across multiple tenures. The rate for FDs of 46 to 90 days has been reduced from 4.25% to 4%, and for 91 to 184 days, it has been lowered from 4.75% to 4.5%, as per data on ICICI Bank’s website. For the tenure of 185 to 270 days, the rate is down from 5.75% to 5.5%, while for 271 days to less than 1 year, it has been cut from 6% to 5.75%. The interest rate for FDs of 1 year to less than 15 months has been reduced from 6.5% to 6.25%. For the 15 months to less than 18 months’ tenure, the rates have been brought down from 6.6-6.85% to 6.5%. On longer tenures, such as 2 years 1 day to 5 years, the rate has been revised from 6.75% to 6.60%. Similarly, for FDs of 5 years and 1 day to 10 years, as well as the 5-year tax saver FD, the interest rate has been reduced to 6.6% from the earlier 6.75% for general citizens, according to the data from the bank’s website.
| Tenure | With Premature Withdrawal facility | |
| General Citizen | Senior Citizen | |
| 7 to 45 Days | 3% | 3.50% |
| 46 to 90 Days | 4% | 4.50% |
| 91 to 184 Days | 4.50% | 5% |
| 185 to 270 Days | 5.50% | 6% |
| 271 Days to | 5.75% | 6.25% |
| 1 Year to | 6.25% | 6.75% |
| 15 Months to | 6.35% | 6.85% |
| 18 Months to 2 Years | 6.50% | 7% |
| 2 Years 1 Day to 5 Years | 6.60% | 7.10% |
| HIGHEST | HIGHEST | |
| 5 Years 1 Day to 10 Years | 6.60% | 7.10% |
| 5Y (Tax Saver FD) | 6.60% | 7.10% |
Live Events
Penalty on premature/partial closure
“In case of premature withdrawal, interest on the deposit shall be paid for the period that it has remained with the bank at the rate that prevailed at the time of booking for the actual tenure of the Term Deposit and not at the contracted rate and post deduction of applicable penalty,” ICICI Bank stated on its website.
| Actual tenure of deposit (Fund held with Bank) | Less than Rs. 5 cr | Rs. 5 Cr and above |
| Less than 1 year | 0.50% | 0.50% |
| 1 year and above but | 1.00% | 1.00% |
| 5 years and above | 1.00% | 1.50% |
Latest ICICI Bank RD rates
After the revision, ICICI Bank offers recurring deposit (RD) interest rates between 4.5% and 6.6% for general citizens, and for senior citizens, it offers 5-7.1%.
| Maturity Period | Rate of Interest (% p.a.) w.e.f 9 June, 2025 | |
| General | Senior Citizen | |
| 6 months | 4.50% | 5.00% |
| 9 months | 5.75% | 6.25% |
| 12 months | 6.25% | 6.75% |
| 15 months | 6.35% | 6.85% |
| 18 months | 6.50% | 7.00% |
| 21 months | 6.50% | 7.00% |
| 24 months | 6.50% | 7.00% |
| 27 months | 6.60% | 7.10% |
| 30 months | 6.60% | 7.10% |
| 33 months | 6.60% | 7.10% |
| 36 months | 6.60% | 7.10% |
| Above 3 years upto 5 years | 6.60% | 7.10% |
| Above 5 years upto 10 years | 6.60% | 7.10% |
Source- ICICI Bank website