- FD Calculator
- Fixed Deposit
- FD interest Rates
- Benefits
- FAQ's
- Deposits
Want us to help you with anything?
Request a Call back
Higher Returns, Complete Security.
Use our FD Calculator to plan your investments wisely and maximise your returns.
How much amount do you want to invest?
₹10 L ₹1 Cr ₹10 Cr ₹50 Cr ₹100 Cr ₹500 Cr
When would you like to receive the interest?
On Maturity Monthly Quarterly
Find the best interest rates and duration
-
-
-
Interest Rate
-
-
-
-
1Y 3M 1D
-
Check Interest Rates
Open an FD easily with our end-to-end digital process
Multiple payout options are available in form of Monthly, Quarterly & on Maturity
Flexible FD tenure options ranging from as short as 7 days to as long as 10 years
Tax saving options are also available
The minimum amount to open a Domestic FD is Rs. 10,000, & for an NRO/NRE FD, it is Rs. 25,000
The minimum amount to open a Domestic FD is Rs. 10,000, & for an NRO/NRE FD, it is Rs. 25,000
Interest Rate (w.e.f. from June 27, 2024)
Select Amount
Less than ₹3 Cr ₹3-5 Cr ₹5 - 5.10 Cr ₹5.10 - 24.90 Cr ₹24.90 - 25 Cr ₹25 - 100 Cr ₹100 - 250 Cr ₹250 - 500 Cr More than ₹500 Cr
Select Withdrawal Facility
| Original Tenure of Deposit | Penal rates for deposit less than ₹5.0 crore |
| Less than 1 year | 0.50% |
| 1 year & above but less than 5 years | 1.00% |
| 5 years and above | 1.00% |
FD Calculation for Resident & NRI Customers
Explore tenure and interest rate related information
-
Resident Customers
-
NRI Customers
- Tax Deducted at Source (TDS) will be applicable on the interest earned as per the prevailing rate for your Fixed Deposit
- Check for latest Fixed Deposit Interest Rates
- The FD amount should be minimum of Rs 10,000
- The tenure of deposits are:
| Pay-out Type | Minimum Tenure | Maximum Tenure |
|---|---|---|
| Cumulative | 6 months | 10 years |
| Quarterly | 3 months | 10 years |
| Monthly | 3 months | 10 years |
- Short-term FD: Minimum of 7 days, maximum of 91 days.
- Check for additional terms and conditions
The FD Calculator provides indicative rates of the amount on maturity, which are applicable only to Non-Resident External (NRE) and Non-Resident Ordinary (NRO) Term Deposits with a Premature FD Withdrawal facility. The FD Calculator cannot be used for calculating the maturity value for Foreign Currency Non-Resident (FCNR) Account Deposits. Check for latest interest rates on FCNR
- The FD Calculator will provide the maturity amount for deposits of up to Rs 3 crores
- Check for FD interest for NRE/NRO on deposits of Rs 3 crores and above.
- Senior citizen rates are not applicable for NRE and NRO Deposits
- For NRO FDs, the maturity amount indicated is subject to TDS as applicable. The rates are subject to change from time to time. Check for interest for NRE/NRO.
- The minimum FD amount should be Rs 25,000.
The tenures of deposits are:
| FD Type | Minimum Tenure | Maximum Tenure |
|---|---|---|
| NRE FD | 1 year | 10 years |
| NRO FD | 7 days | 10 years |
NRE FD: Minimum of 1 year, maximum of 10 years.
NRO FD: Minimum of 7 days, maximum of 10 years.
- Check for more about additional terms and conditions.
Features of ICICI Bank FD Calculator
Online and free to use
ICICI Bank FD Calculator is available online and free of charge, allowing investors to access it conveniently from anywhere.
Compare various Interest Rates
Investors can compare the different FD interest rates offered by ICICI Bank to help them make informed decisions about their Fixed Deposit investments.
Few details required
Simply input a few details like FD amount and tenure that are required for the calculator to accurately calculate the maturity and interest amount.
Get instant results
Evaluate Fixed Deposit returns in a matter of a few clicks. Get an instant calculation of the interest earned on your FD for the desired tenure.
See how easy it is to get Fixed Deposit ! Watch Now
To know how to create fixed deposits on iMobile
2 Years Ago
To know how to create Instant FD through iMobile
2 Years Ago
How to Manage Fixed Deposit on iMobile
2 Years Ago
Fixed Deposit Blogs
2 Months Ago
2 Months Ago
2 Months Ago
2 Months Ago
2 Months Ago
View all blogs
FD Calculator FAQs
What is an FD Calculator?
ICICI Bank FD Interest Calculator is a simple tool to help customers determine the interest amount they would earn on their investment in deposits, basis the amount, tenure and prevailing interest rate. This can help calculate the returns on their investments.
How does one use the FD Calculator?
You can use the FD Calculator to calculate interest and maturity amount on the FD as follows:
Select theCustomer Typei.e.Normal or Senior Citizen
Selectthe type of Fixed Depositi.e.Cumulative or Interest Payout (Quarterly/Monthly) or Short-term FD
The FD date will be defaulted as the current date
Enter the FD amount
Selecttheformatof enteringthe FDtenure i.e. in combination ofYears/Months/Days or in Days. Only enter the preferred tenure according to theformatchosen
The applicable interest rate, interest amount, maturity date and maturity amount are displayed tothecustomer.
How does the FD interest calculator work?
Interest on FD is calculated on the basis of the FD tenure and the prevailing interest rate applicable at the time of opening an FD. Interest is calculated as follows:
Cumulative FD: Interest is calculated for thequarter and compounded/reinvestedto the principal amount. Interest for the nextquarter is calculated on the accumulative amount
Traditional FD with Quarterly Interest Payout option: Simple interest is calculated and paid at the end of each quarter
Traditional FD with Monthly Interest Payout option: Interest is paid atthediscounted value and attheend of each month
Short-term FD: Interest is calculated on simple interest basis.
What is the interest rate on FDs for Senior Citizens?
ICICI Bank offers attractive interest rates on Fixed Deposits. Currently, we offer up to 7.75%* per annum for senior citizens. (*For a tenure ranging from 15 months to 2 years). For more information, visit the FD interest rates
What is the interest rate on FD for General Citizens?
ICICI Bank offers attractive interest rates on Fixed Deposits. Currently, ICICI Bank offers up to 7.2%* per annum for general citizens (*For a tenure ranging from 15 months to 2 years). For more information, visit the FD interest rates
What is a Fixed Deposit?
A Fixed Deposit (FD) is an investment product offered by Banks and NBFCs to their customers. An FD promises you guaranteed returns that are calculated basis the interest offered at the time of opening an FD Account. Interest rates may differ depending upon the tenure and the amount you are opting for.
What are the types of FDs offered by ICICI Bank?
ICICI Bank offers two types of FDs:
- Traditional Fixed Deposit:Interest amount is credited at regular intervals, i.e., Quarterly or Monthly. Customer can opt for Monthly/Quarterly payout at the time of creating the Fixed Deposit
- Cumulative Fixed Deposit:Customer will receive a lump sum amount after maturity. The interest accrued is added back to the principal amount at quarterly intervals.
Who can invest in ICICI Bank Fixed Deposits?
Individuals and entities mentioned below are eligible to apply for a regular Fixed Deposit online:
Residents
Hindu Undivided Families
Sole Proprietorship Firms
Partnership Firms
Limited Companies
Trust Accounts
Non-Resident Indians
Minors with Guardianship.
Also, the Savings Account should be KYC verified.
How do I open a Fixed Deposit Account online?
With ICICI Bank you can open a Fixed Deposit Account anytime, anywhere through any of the following channels such as iMobile Pay App, Internet Banking, Branch Visit, ATM or by contacting Customer Care.
What is the minimum amount required to open an FD?
A minimum deposit of ₹10,000 is necessary to open an ICICI Bank Fixed Deposit Account. For Recurring Deposits, a minimum deposit of ₹500 is required and later deposits in multiples of ₹100 (monthly).
What is the minimum and the maximum tenure for a Fixed Deposit?
ICICI Bank offers a flexible tenure for FDs that ranges from 7 days to 10 years.
What are the steps to create an FD Account through Internet Banking?
Log in to ICICI Bank Internet Banking
Go to ‘Bank Accounts’
Select ‘Deposits’
Click on ‘Create FD’
Select your FD type
Enter your investment amount. You can open an FD for an amount equal to or greater than ₹10,000
Select your FD tenure & Interest payout option
Click on ‘Create FD’. You have successfully opened an FD Account with ICICI Bank.
How does one calculate the FD maturity amount?
FD maturity amount can be calculated using the FD Calculator in a simple manner using the below steps:
Selectthe Customer Typei.e.Normal or Senior Citizen
Selectthe type of FD i.e.Cumulative or Interest Payout (Quarterly/Monthly) or Short-term FD
Enter the FD amount
Entertherequired FD tenure i.e. in combination of Years/Months/Daysor in Days only
The applicable interest rate, interest amount, maturity date and maturity amount are displayed tothecustomer.
View all FAQs
View More
