Typically 0.50% below the applicable rate for deposits under 5 years and 1% for longer tenures, applied on the rate for the period the deposit actually ran.
ICICI FD Calculator
ICICI Bank FD maturity for any amount and tenure at the latest rates, with a cumulative vs payout comparison and the impact of premature withdrawal on your interest.
Maturity amount
₹5,31,990
Total interest
₹31,990
Applicable rate
6.25%
1 year – 15 months
TDS deducted (if PAN linked)
₹0
Interest after TDS
₹31,990
Year-wise balance
| Year | Principal | Interest earned | Value |
|---|---|---|---|
| 1 | ₹5,00,000 | ₹31,990 | ₹5,31,990 |
- Interest compounded quarterly.
- Premature withdrawal typically attracts a 0.5–1% penalty on the applicable rate.
ICICI Bank rates as on 2026-06-15 for deposits below ₹3 crore; indicative and subject to revision by the bank. TDS applies when interest exceeds ₹50,000 a year (₹1,00,000 for senior citizens).
ICICI Bank FD interest rates
| Tenure | General (p.a.) | Senior citizen (p.a.) |
|---|---|---|
| 7 – 14 days | 3.00% | 3.50% |
| 15 – 29 days | 3.00% | 3.50% |
| 30 – 45 days | 3.50% | 4.00% |
| 46 – 60 days | 4.25% | 4.75% |
| 61 – 90 days | 4.50% | 5.00% |
| 91 – 184 days | 4.75% | 5.25% |
| 185 days – < 1 year | 5.75% | 6.25% |
| 1 year – 15 months | 6.25% | 6.75% |
| 15 months – 18 months | 6.60% | 7.10% |
| 18 months – 2 years | 6.50% | 7.00% |
| 2 years 1 day – 3 years | 6.50% | 7.00% |
| 3 years 1 day – 5 years | 6.60% | 7.10% |
| 5 years 1 day – 10 years | 6.60% | 7.10% |
Rates as on 2026-06-15; indicative for deposits below ₹3 crore. Verify on the bank's website before investing.
How the ICICI FD Calculator works
ICICI Bank pays interest on fixed deposits by tenure slab. Cumulative deposits compound quarterly and pay everything at maturity; payout deposits credit simple interest to your account monthly or quarterly.
Senior citizens get an extra 0.5% p.a. on most tenures. Interest is taxable at your slab; the bank deducts 10% TDS once interest in a financial year crosses the threshold (20% without PAN), which you can avoid with Form 15G/15H if your total income is below the taxable limit.
Maturity = P × (1 + r/4)^(4 × years) (quarterly compounding)
- P
- deposit
- r
- annual rate
Worked example
- Deposit amount: ₹5,00,000
- Tenure: 1 year
- Depositor: General
- Interest: Cumulative
₹5 lakh for 1 year at 6.25% compounded quarterly matures at about ₹5,31,990. The effective yield is slightly above the card rate because of quarterly compounding.