ICICI Bank FD Scheme : If you want to invest your money in a safe and reliable investment option, then a Fixed Deposit (FD) scheme offered by banks can be one of the best choices for you. In India, most people still consider FD as the most trustworthy investment tool because there is virtually no risk of losing money. The interest earned on an FD is fixed, allowing investors to know in advance how much they will receive upon maturity. If you want strong returns on investments of ₹1 lakh or more, then ICICI Bank’s FD could be a great option.
Key Benefits of Bank FD
The biggest advantage of a bank FD is that it carries almost no risk. Whether the market goes up or down, the return on FD remains fixed. Therefore, people who wish to stay away from volatile investments like the stock market or mutual funds find it the most reliable option. Moreover, FDs also provide liquidity — you can withdraw your money before maturity in case of an emergency, although a small penalty may apply.
ICICI Bank FD: Earn ₹1,93,614 Profit on a ₹5 Lakh FD — Know the Returns and Tenure Details
ICICI Bank FD Rates 2025:
ICICI Bank’s Fixed Deposit (FD) scheme is a safe and reliable investment option that offers guaranteed returns. With tenures ranging from 7 days to 10 years, compound interest, and online convenience, it ensures steady and attractive earnings for investors.
ICICI Bank FD Interest Rates:
- 1-year FD: 6.25% per annum
- 2-year FD: 6.40% per annum
- 3-year FD: 6.60% per annum
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5-year FD: 6.60% per annum
ICICI Bank provides the advantage of compound interest — meaning that the interest earned each quarter is added to the principal, and the next quarter’s interest is calculated on the new total. This compounding effect makes FD returns even more rewarding.
ICICI Bank’s 15-Month FD Scheme
ICICI Bank, the second-largest private sector bank in India, offers an attractive 15-month FD scheme with one of the highest interest rates. For deposits ranging from 15 to 18 months, the bank offers:
- 7.50% interest rate for regular citizens
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7.80% interest rate for senior citizens
If you invest ₹5,00,000 in ICICI Bank’s 15-month FD scheme:
- A regular citizen will receive ₹5,47,094 at maturity.
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A senior citizen will receive ₹5,50,806 at maturity.
Thus, ICICI Bank provides a combination of safety, liquidity, and attractive returns, making it a dependable investment choice for both regular and senior citizens.
ICICI Bank FD Scheme Benefits
1. Guaranteed and Safe Returns
ICICI Bank FDs are among the safest investment options because your principal amount and interest are fully secured. The returns are fixed and not affected by market fluctuations, making it a low-risk investment option.
2. Flexible Tenure Options
You can choose the FD tenure as per your financial goal — from 7 days to 10 years. This flexibility allows investors to plan short-term or long-term investments according to their needs.
3. Attractive Interest Rates
ICICI Bank offers competitive interest rates, which vary based on the deposit tenure. For regular citizens, rates go up to 7.50%, while senior citizens get an additional benefit of 0.30%, earning up to 7.80% per annum.
Compound Interest Benefit
ICICI Bank provides quarterly compounding of interest, meaning the interest you earn gets added to your principal every quarter, helping your money grow faster over time.
4. Special Rates for Senior Citizens
Senior citizens enjoy higher interest rates compared to regular customers. This ensures better income security for retirees looking for stable and regular returns.
5. Easy Liquidity and Premature Withdrawal
If you need money before your FD matures, ICICI Bank allows premature withdrawal. While a small penalty applies, this feature gives investors the flexibility to access funds in case of emergencies.
