Home  »  Bank FD Interest Rates  »  ICICI Bank

ICICI Bank FD Interest Rate Calculator

ICICI Bank FD online calculator will help you calculate the interest that your money will earn when kept in a fixed deposit in ICICI Bank. This will give the details of investment that's the principal amount on maturity after the interest is compounded on days or a monthly, quarterly, half-yearly and yearly basis. To learn about how your fixed deposit earns interest and how much will be your earning at the end of the tenure chosen, Goodreturns online calculators will help you.

ICICI Bank Fixed Deposit Interest Rates

ICICI Bank fixed deposit is a great way to save money for a period of time, if you are looking at getting your invested money safely along with good returns on your investment, then fixed deposit is the way to go. Checking the ICICI Bank fixed deposit interest rate and making the decisions is now very easy.

For domestic deposits - Less than Rs. 1 cr [ Revised on : 19-07-2017 ]

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
7 days to 14 days Less than Rs. 1 cr 4.00 4.50
15 days to 29 days Less than Rs. 1 cr 4.25 4.75
30 days to 45 days Less than Rs. 1 cr 5.50 6.00
46 days to 60 days Less than Rs. 1 cr 5.75 6.25
61 days to 90 days Less than Rs. 1 cr 6.00 6.50
91 days to 120 days Less than Rs. 1 cr 6.00 6.50
121 days to 184 days Less than Rs. 1 cr 6.00 6.50
185 days to 289 days Less than Rs. 1 cr 6.25 6.75
290 days to less than 1 year Less than Rs. 1 cr 6.50 7.00
1 year to 389 days Less than Rs. 1 cr 6.75 7.25
390 days to 2 years Less than Rs. 1 cr 6.75 7.25
2 years 1 day to 5 years Less than Rs. 1 cr 6.50 7.00
5 years 1 day upto 10 years Less than Rs. 1 cr 6.50 7.00

For domestic deposits - Rs. 1 cr to Less than Rs. 5 cr [ Revised on : 31-07-2017 ]

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
7 days to 14 days Rs. 1 cr to Less than Rs. 5 cr 5.25 -
15 days to 29 days Rs. 1 cr to Less than Rs. 5 cr 5.25 -
30 days to 45 days Rs. 1 cr to Less than Rs. 5 cr 5.50 -
46 days to 60 days Rs. 1 cr to Less than Rs. 5 cr 5.75 -
61 days to 90 days Rs. 1 cr to Less than Rs. 5 cr 5.75 -
91 days to 120 days Rs. 1 cr to Less than Rs. 5 cr 5.75 -
121 days to 150 days Rs. 1 cr to Less than Rs. 5 cr 6.00 -
151 days to 184 days Rs. 1 cr to Less than Rs. 5 cr 6.00 -
185 days to 210 days Rs. 1 cr to Less than Rs. 5 cr 6.00 -
211 days to 240 days Rs. 1 cr to Less than Rs. 5 cr 6.00 -
241 days to 270 days Rs. 1 cr to Less than Rs. 5 cr 6.00 -
271 days to 300 days Rs. 1 cr to Less than Rs. 5 cr 6.25 -
301 days to 330 days Rs. 1 cr to Less than Rs. 5 cr 6.25 -
331 days to 364 days Rs. 1 cr to Less than Rs. 5 cr 6.25 -
1 year to 389 days Rs. 1 cr to Less than Rs. 5 cr 6.50 -
390 days to less than 15 months Rs. 1 cr to Less than Rs. 5 cr 6.50 -
15 months to less than 18 months Rs. 1 cr to Less than Rs. 5 cr 6.50 -
18 months to 2 years Rs. 1 cr to Less than Rs. 5 cr 6.40 -
2 years 1 day upto 3 years Rs. 1 cr to Less than Rs. 5 cr 6.40 -
3 years 1 day upto 5 years Rs. 1 cr to Less than Rs. 5 cr 6.40 -
5 years 1 day to 7 years Rs. 1 cr to Less than Rs. 5 cr 6.40 -
7 years 1 day to 10 years Rs. 1 cr to Less than Rs. 5 cr 6.40 -

For domestic deposits - Rs. 25 cr to Less than Rs. 250 cr [ Revised on : 31-07-2017 ]

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
7 days to 14 days Rs. 25 cr to Less than Rs. 250 cr 5.25 -
15 days to 29 days Rs. 25 cr to Less than Rs. 250 cr 5.25 -
30 days to 45 days Rs. 25 cr to Less than Rs. 250 cr 5.50 -
46 days to 60 days Rs. 25 cr to Less than Rs. 250 cr 5.75 -
61 days to 90 days Rs. 25 cr to Less than Rs. 250 cr 5.75 -
91 days to 120 days Rs. 25 cr to Less than Rs. 250 cr 5.75 -
121 days to 150 days Rs. 25 cr to Less than Rs. 250 cr 6.00 -
151 days to 184 days Rs. 25 cr to Less than Rs. 250 cr 6.00 -
185 days to 210 days Rs. 25 cr to Less than Rs. 250 cr 6.00 -
211 days to 240 days Rs. 25 cr to Less than Rs. 250 cr 6.00 -
241 days to 270 days Rs. 25 cr to Less than Rs. 250 cr 6.00 -
271 days to 300 days Rs. 25 cr to Less than Rs. 250 cr 6.25 -
301 days to 330 days Rs. 25 cr to Less than Rs. 250 cr 6.25 -
331 days to 364 days Rs. 25 cr to Less than Rs. 250 cr 6.25 -
1 year to 389 days Rs. 25 cr to Less than Rs. 250 cr 6.50 -
390 days to less than 15 months Rs. 25 cr to Less than Rs. 250 cr 6.50 -
15 months to less than 18 months Rs. 25 cr to Less than Rs. 250 cr 6.50 -
18 months to 2 years Rs. 25 cr to Less than Rs. 250 cr 6.40 -
2 years 1 day upto 3 years Rs. 25 cr to Less than Rs. 250 cr 6.40 -
3 years 1 day upto 5 years Rs. 25 cr to Less than Rs. 250 cr 6.40 -
5 years 1 day to 7 years Rs. 25 cr to Less than Rs. 250 cr 6.40 -
7 years 1 day to 10 years Rs. 25 cr to Less than Rs. 250 cr 6.40 -

For domestic deposits - Rs. 250 cr to Less than Rs. 500 cr [ Revised on : 31-07-2017 ]

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
7 days to 14 days Rs. 250 cr to Less than Rs. 500 cr 5.25 -
15 days to 29 days Rs. 250 cr to Less than Rs. 500 cr 5.25 -
30 days to 45 days Rs. 250 cr to Less than Rs. 500 cr 5.50 -
46 days to 60 days Rs. 250 cr to Less than Rs. 500 cr 5.75 -
61 days to 90 days Rs. 250 cr to Less than Rs. 500 cr 5.75 -
91 days to 120 days Rs. 250 cr to Less than Rs. 500 cr 5.75 -
121 days to 150 days Rs. 250 cr to Less than Rs. 500 cr 6.00 -
151 days to 184 days Rs. 250 cr to Less than Rs. 500 cr 6.00 -
185 days to 210 days Rs. 250 cr to Less than Rs. 500 cr 6.00 -
211 days to 240 days Rs. 250 cr to Less than Rs. 500 cr 6.00 -
241 days to 270 days Rs. 250 cr to Less than Rs. 500 cr 6.00 -
271 days to 300 days Rs. 250 cr to Less than Rs. 500 cr 6.25 -
301 days to 330 days Rs. 250 cr to Less than Rs. 500 cr 6.25 -
331 days to 364 days Rs. 250 cr to Less than Rs. 500 cr 6.25 -
1 year to 389 days Rs. 250 cr to Less than Rs. 500 cr 6.50 -
390 days to less than 15 months Rs. 250 cr to Less than Rs. 500 cr 6.50 -
15 months to less than 18 months Rs. 250 cr to Less than Rs. 500 cr 6.50 -
18 months to 2 years Rs. 250 cr to Less than Rs. 500 cr 6.40 -
2 years 1 day upto 3 years Rs. 250 cr to Less than Rs. 500 cr 6.40 -
3 years 1 day upto 5 years Rs. 250 cr to Less than Rs. 500 cr 6.40 -
5 years 1 day to 7 years Rs. 250 cr to Less than Rs. 500 cr 6.40 -
7 years 1 day to 10 years Rs. 250 cr to Less than Rs. 500 cr 6.40 -

For domestic deposits - Rs. 5 cr to Less than Rs. 25 cr [ Revised on : 31-07-2017 ]

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
7 days to 14 days Rs. 5 cr to Less than Rs. 25 cr 5.25 -
15 days to 29 days Rs. 5 cr to Less than Rs. 25 cr 5.25 -
30 days to 45 days Rs. 5 cr to Less than Rs. 25 cr 5.50 -
46 days to 60 days Rs. 5 cr to Less than Rs. 25 cr 5.75 -
61 days to 90 days Rs. 5 cr to Less than Rs. 25 cr 5.75 -
91 days to 120 days Rs. 5 cr to Less than Rs. 25 cr 5.75 -
121 days to 150 days Rs. 5 cr to Less than Rs. 25 cr 6.00 -
151 days to 184 days Rs. 5 cr to Less than Rs. 25 cr 6.00 -
185 days to 210 days Rs. 5 cr to Less than Rs. 25 cr 6.00 -
211 days to 240 days Rs. 5 cr to Less than Rs. 25 cr 6.00 -
241 days to 270 days Rs. 5 cr to Less than Rs. 25 cr 6.00 -
271 days to 300 days Rs. 5 cr to Less than Rs. 25 cr 6.25 -
301 days to 330 days Rs. 5 cr to Less than Rs. 25 cr 6.25 -
331 days to 364 days Rs. 5 cr to Less than Rs. 25 cr 6.25 -
1 year to 389 days Rs. 5 cr to Less than Rs. 25 cr 6.50 -
390 days to less than 15 months Rs. 5 cr to Less than Rs. 25 cr 6.50 -
15 months to less than 18 months Rs. 5 cr to Less than Rs. 25 cr 6.50 -
18 months to 2 years Rs. 5 cr to Less than Rs. 25 cr 6.40 -
2 years 1 day upto 3 years Rs. 5 cr to Less than Rs. 25 cr 6.40 -
3 years 1 day upto 5 years Rs. 5 cr to Less than Rs. 25 cr 6.40 -
5 years 1 day to 7 years Rs. 5 cr to Less than Rs. 25 cr 6.40 -
7 years 1 day to 10 years Rs. 5 cr to Less than Rs. 25 cr 6.40 -

For domestic deposits - Rs. 500 cr and above [ Revised on : 31-07-2017 ]

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
7 days to 14 days Rs. 500 cr and above 5.25 -
15 days to 29 days Rs. 500 cr and above 5.25 -
30 days to 45 days Rs. 500 cr and above 5.50 -
46 days to 60 days Rs. 500 cr and above 5.75 -
61 days to 90 days Rs. 500 cr and above 5.75 -
91 days to 120 days Rs. 500 cr and above 5.75 -
121 days to 150 days Rs. 500 cr and above 6.00 -
151 days to 184 days Rs. 500 cr and above 6.00 -
185 days to 210 days Rs. 500 cr and above 6.00 -
211 days to 240 days Rs. 500 cr and above 6.00 -
241 days to 270 days Rs. 500 cr and above 6.00 -
271 days to 300 days Rs. 500 cr and above 6.25 -
301 days to 330 days Rs. 500 cr and above 6.25 -
331 days to 364 days Rs. 500 cr and above 6.25 -
1 year to 389 days Rs. 500 cr and above 6.50 -
390 days to less than 15 months Rs. 500 cr and above 6.50 -
15 months to less than 18 months Rs. 500 cr and above 6.50 -
18 months to 2 years Rs. 500 cr and above 6.40 -
2 years 1 day upto 3 years Rs. 500 cr and above 6.40 -
3 years 1 day upto 5 years Rs. 500 cr and above 6.40 -
5 years 1 day to 7 years Rs. 500 cr and above 6.40 -
7 years 1 day to 10 years Rs. 500 cr and above 6.40 -

Tax Saver Fixed Deposits [ Amount capped at Rs. 1 lakh per Financial Year ]

Maturity Period Deposit Amount Interest Rate
General Senior Citizen
Tax Saver FD 80C - 5 year Upto Rs. 1 lakh 6.50 7.00

For NRO Fixed Deposit - Less than Rs. 1 cr [ Revised on : 19-07-2017 ]

Maturity Period Deposit Amount Interest Rate
7 days to 14 days Less than Rs. 1 cr 4.00
15 days to 29 days Less than Rs. 1 cr 4.25
30 days to 45 days Less than Rs. 1 cr 5.50
46 days to 60 days Less than Rs. 1 cr 5.75
61 days to 90 days Less than Rs. 1 cr 6.00
91 days to 120 days Less than Rs. 1 cr 6.00
121 days to 184 days Less than Rs. 1 cr 6.00
185 days to 289 days Less than Rs. 1 cr 6.25
290 days to less than 1 year Less than Rs. 1 cr 6.50
1 year to 389 days Less than Rs. 1 cr 6.75
390 days to 2 years Less than Rs. 1 cr 6.75
2 years 1 day to 5 years Less than Rs. 1 cr 6.50
5 years 1 day upto 10 years Less than Rs. 1 cr 6.50

For NRO Fixed Deposit - Rs. 1 cr to Less than Rs. 5 cr [ Revised on : 31-07-2017 ]

Maturity Period Deposit Amount Interest Rate
7 days to 14 days Rs. 1 cr to Less than Rs. 5 cr 5.25
15 days to 29 days Rs. 1 cr to Less than Rs. 5 cr 5.25
30 days to 45 days Rs. 1 cr to Less than Rs. 5 cr 5.50
46 days to 60 days Rs. 1 cr to Less than Rs. 5 cr 5.75
61 days to 90 days Rs. 1 cr to Less than Rs. 5 cr 5.75
91 days to 120 days Rs. 1 cr to Less than Rs. 5 cr 5.75
121 days to 150 days Rs. 1 cr to Less than Rs. 5 cr 6.00
151 days to 184 days Rs. 1 cr to Less than Rs. 5 cr 6.00
185 days to 210 days Rs. 1 cr to Less than Rs. 5 cr 6.00
211 days to 240 days Rs. 1 cr to Less than Rs. 5 cr 6.00
241 days to 270 days Rs. 1 cr to Less than Rs. 5 cr 6.00
271 days to 300 days Rs. 1 cr to Less than Rs. 5 cr 6.25
301 days to 330 days Rs. 1 cr to Less than Rs. 5 cr 6.25
331 days to 364 days Rs. 1 cr to Less than Rs. 5 cr 6.25
1 year to 389 days Rs. 1 cr to Less than Rs. 5 cr 6.50
390 days to less than 15 months Rs. 1 cr to Less than Rs. 5 cr 6.50
15 months to less than 18 months Rs. 1 cr to Less than Rs. 5 cr 6.50
18 months to 2 years Rs. 1 cr to Less than Rs. 5 cr 6.40
2 years 1 day upto 3 years Rs. 1 cr to Less than Rs. 5 cr 6.40
3 years 1 day upto 5 years Rs. 1 cr to Less than Rs. 5 cr 6.40
5 years 1 day to 7 years Rs. 1 cr to Less than Rs. 5 cr 6.40
7 years 1 day to 10 years Rs. 1 cr to Less than Rs. 5 cr 6.40

For NRO Fixed Deposit - Rs. 25 cr to Less than Rs. 250 cr [ Revised on : 31-07-2017 ]

Maturity Period Deposit Amount Interest Rate
7 days to 14 days Rs. 25 cr to Less than Rs. 250 cr 5.25
15 days to 29 days Rs. 25 cr to Less than Rs. 250 cr 5.25
30 days to 45 days Rs. 25 cr to Less than Rs. 250 cr 5.50
46 days to 60 days Rs. 25 cr to Less than Rs. 250 cr 5.75
61 days to 90 days Rs. 25 cr to Less than Rs. 250 cr 5.75
91 days to 120 days Rs. 25 cr to Less than Rs. 250 cr 5.75
121 days to 150 days Rs. 25 cr to Less than Rs. 250 cr 6.00
151 days to 184 days Rs. 25 cr to Less than Rs. 250 cr 6.00
185 days to 210 days Rs. 25 cr to Less than Rs. 250 cr 6.00
211 days to 240 days Rs. 25 cr to Less than Rs. 250 cr 6.00
241 days to 270 days Rs. 25 cr to Less than Rs. 250 cr 6.00
271 days to 300 days Rs. 25 cr to Less than Rs. 250 cr 6.25
301 days to 330 days Rs. 25 cr to Less than Rs. 250 cr 6.25
331 days to 364 days Rs. 25 cr to Less than Rs. 250 cr 6.25
1 year to 389 days Rs. 25 cr to Less than Rs. 250 cr 6.50
390 days to less than 15 months Rs. 25 cr to Less than Rs. 250 cr 6.50
15 months to less than 18 months Rs. 25 cr to Less than Rs. 250 cr 6.50
18 months to 2 years Rs. 25 cr to Less than Rs. 250 cr 6.40
2 years 1 day upto 3 years Rs. 25 cr to Less than Rs. 250 cr 6.40
3 years 1 day upto 5 years Rs. 25 cr to Less than Rs. 250 cr 6.40
5 years 1 day to 7 years Rs. 25 cr to Less than Rs. 250 cr 6.40
7 years 1 day to 10 years Rs. 25 cr to Less than Rs. 250 cr 6.40

For NRO Fixed Deposit - Rs. 250 cr to Less than Rs. 500 cr [ Revised on : 31-07-2017 ]

Maturity Period Deposit Amount Interest Rate
7 days to 14 days Rs. 250 cr to Less than Rs. 500 cr 5.25
15 days to 29 days Rs. 250 cr to Less than Rs. 500 cr 5.25
30 days to 45 days Rs. 250 cr to Less than Rs. 500 cr 5.50
46 days to 60 days Rs. 250 cr to Less than Rs. 500 cr 5.75
61 days to 90 days Rs. 250 cr to Less than Rs. 500 cr 5.75
91 days to 120 days Rs. 250 cr to Less than Rs. 500 cr 5.75
121 days to 150 days Rs. 250 cr to Less than Rs. 500 cr 6.00
151 days to 184 days Rs. 250 cr to Less than Rs. 500 cr 6.00
185 days to 210 days Rs. 250 cr to Less than Rs. 500 cr 6.00
211 days to 240 days Rs. 250 cr to Less than Rs. 500 cr 6.00
241 days to 270 days Rs. 250 cr to Less than Rs. 500 cr 6.00
271 days to 300 days Rs. 250 cr to Less than Rs. 500 cr 6.25
301 days to 330 days Rs. 250 cr to Less than Rs. 500 cr 6.25
331 days to 364 days Rs. 250 cr to Less than Rs. 500 cr 6.25
1 year to 389 days Rs. 250 cr to Less than Rs. 500 cr 6.50
390 days to less than 15 months Rs. 250 cr to Less than Rs. 500 cr 6.50
15 months to less than 18 months Rs. 250 cr to Less than Rs. 500 cr 6.50
18 months to 2 years Rs. 250 cr to Less than Rs. 500 cr 6.40
2 years 1 day upto 3 years Rs. 250 cr to Less than Rs. 500 cr 6.40
3 years 1 day upto 5 years Rs. 250 cr to Less than Rs. 500 cr 6.40
5 years 1 day to 7 years Rs. 250 cr to Less than Rs. 500 cr 6.40
7 years 1 day to 10 years Rs. 250 cr to Less than Rs. 500 cr 6.40

For NRO Fixed Deposit - Rs. 5 cr to Less than Rs. 25 cr [ Revised on : 31-07-2017 ]

Maturity Period Deposit Amount Interest Rate
7 days to 14 days Rs. 5 cr to Less than Rs. 25 cr 5.25
15 days to 29 days Rs. 5 cr to Less than Rs. 25 cr 5.25
30 days to 45 days Rs. 5 cr to Less than Rs. 25 cr 5.50
46 days to 60 days Rs. 5 cr to Less than Rs. 25 cr 5.75
61 days to 90 days Rs. 5 cr to Less than Rs. 25 cr 5.75
91 days to 120 days Rs. 5 cr to Less than Rs. 25 cr 5.75
121 days to 150 days Rs. 5 cr to Less than Rs. 25 cr 6.00
151 days to 184 days Rs. 5 cr to Less than Rs. 25 cr 6.00
185 days to 210 days Rs. 5 cr to Less than Rs. 25 cr 6.00
211 days to 240 days Rs. 5 cr to Less than Rs. 25 cr 6.00
241 days to 270 days Rs. 5 cr to Less than Rs. 25 cr 6.00
271 days to 300 days Rs. 5 cr to Less than Rs. 25 cr 6.25
301 days to 330 days Rs. 5 cr to Less than Rs. 25 cr 6.25
331 days to 364 days Rs. 5 cr to Less than Rs. 25 cr 6.25
1 year to 389 days Rs. 5 cr to Less than Rs. 25 cr 6.50
390 days to less than 15 months Rs. 5 cr to Less than Rs. 25 cr 6.50
15 months to less than 18 months Rs. 5 cr to Less than Rs. 25 cr 6.50
18 months to 2 years Rs. 5 cr to Less than Rs. 25 cr 6.40
2 years 1 day upto 3 years Rs. 5 cr to Less than Rs. 25 cr 6.40
3 years 1 day upto 5 years Rs. 5 cr to Less than Rs. 25 cr 6.40
5 years 1 day to 7 years Rs. 5 cr to Less than Rs. 25 cr 6.40
7 years 1 day to 10 years Rs. 5 cr to Less than Rs. 25 cr 6.40

For NRO Fixed Deposit - Rs. 500 cr and above [ Revised on : 31-07-2017 ]

Maturity Period Deposit Amount Interest Rate
7 days to 14 days Rs. 500 cr and above 5.25
15 days to 29 days Rs. 500 cr and above 5.25
30 days to 45 days Rs. 500 cr and above 5.50
46 days to 60 days Rs. 500 cr and above 5.75
61 days to 90 days Rs. 500 cr and above 5.75
91 days to 120 days Rs. 500 cr and above 5.75
121 days to 150 days Rs. 500 cr and above 6.00
151 days to 184 days Rs. 500 cr and above 6.00
185 days to 210 days Rs. 500 cr and above 6.00
211 days to 240 days Rs. 500 cr and above 6.00
241 days to 270 days Rs. 500 cr and above 6.00
271 days to 300 days Rs. 500 cr and above 6.25
301 days to 330 days Rs. 500 cr and above 6.25
331 days to 364 days Rs. 500 cr and above 6.25
1 year to 389 days Rs. 500 cr and above 6.50
390 days to less than 15 months Rs. 500 cr and above 6.50
15 months to less than 18 months Rs. 500 cr and above 6.50
18 months to 2 years Rs. 500 cr and above 6.40
2 years 1 day upto 3 years Rs. 500 cr and above 6.40
3 years 1 day upto 5 years Rs. 500 cr and above 6.40
5 years 1 day to 7 years Rs. 500 cr and above 6.40
7 years 1 day to 10 years Rs. 500 cr and above 6.40

For NRE Fixed Deposit - Less than Rs. 1 cr [ Revised on : 17-05-2017 ]

Maturity Period Deposit Amount Interest Rate
1 year to 389 days Less than Rs. 1 cr 6.90
390 days upto 2 years Less than Rs. 1 cr 6.90
2 years 1 day upto 5 years Less than Rs. 1 cr 6.75
5 Years 1 Day upto 10 Years Less than Rs. 1 cr 6.50

How to Open a Fixed Deposit Account With ICICI Bank?

ICICI Bank customers can open a Fixed Deposit account easily through a number of ways such as internet banking or phone banking or by visiting your nearest ICICI Bank branch.Bank may charge for pre-mature withdrawals in multiples of Rs 1,000. Loans or Overdraft can be availed up to 90% on FD amount and choose from monthly or quarterly payouts.

Interest rates varies with amount and tenure of the investment. For domestic deposits ranging from Rs 1 crore to Rs 5 crore, interest rate will vary between 7.25 per cent to 8.50 per cent.

Interest payout frequency

in case of traditional fixed deposit scheme, the interest is credited to the savings account on a monthly basis or on a quarterly basis. For the Reinvestment fixed deposit, the interest is compounded to the principal amount on a quarterly basis. Maturity of reinvestment Fds will range from 6 months to 10 years.

Taxation

Customers who are eligible who do not have taxable income can submit a declaration Form 15G/ 15H to avail TDS exemption.TDS is not applicable on the interest earned up to Rs. 10,000 under Section 194A.

Tax Saving Fixed Deposit

Individuals falling in tax bracket can opt for tax saving fixed deposit where they get a tax exemption under Section 80C of Income Tax Act. Individuals can make minimum investment of Rs 10,000 and maximum Rs 150,000. Here the money invested is locked in for 5 years unlike normal fixed deposit.Premature withdrawal, overdraft and Auto-renewal facility are not eligible under this scheme.

Senior Citizen

ICICI bank offers higher interest rates for senior citizens. It offers of 0.50% higher than the normal rate of interest. Senior Citizen customers who do not have taxable income can submit a declaration Form 15H to avail TDS exemption.

Find IFSC

Bank Interest Rates & Calculators
Public Sector / Nationalized Banks
Indian Private Sector Banks
Foreign Banks
Cooperative Banks