Fixed Deposit

An ICICI HFC fixed deposit provides high, fixed returns through the power of compounding. It offers flexible tenures, AAA-rated safety, and additional FD interest for senior citizens and ICICI Group employees.

Select your FD tenure based on your financial goals. A short-term fixed deposit gives you better liquidity, while a long-term FD deposit helps you build savings and earn higher returns.

Yes, you can open multiple FD accounts simultaneously to manage different financial goals and take advantage of varying FD interest rates.

The growth of your FD investment depends on the applicable interest rate. As a rule of thumb, divide 72 with the applicable rate to calculate the period in which your FD amount will double. For example, if the interest rate on your FD is 7.60%, then the number of years in which your FD investment will double is 9.47 years (72/7.60).

You can use our online FD calculator to calculate the growth of your FD investment.

No, FDs are non- transferable and non-negotiable.

Yes, individuals can open a joint FD account with a maximum of three persons under modes such as Either/Survivor or Former/Survivor.

Nomination is mandatory while filling out the Application Form during the application process.

Yes, a fixed deposit can be opened in the name of a minor, with the guardian signing the FD Application Form on their behalf.

You can upload your documents online or submit them at the nearest ICICI HFC branch.

Yes, providing a PAN card is mandatory to open a fixed deposit account.

Select a non-cumulative plan. The interest will be directly credited to your registered bank account at regular intervals.

Use the ICICI HFC FD calculator to check the interest amount based on your deposit amount, tenure, and fixed deposit rates. The amount displayed is an indicative amount. The actual amount is subject to TDS and shall vary.

Choose a cumulative plan if you prefer long-term capital growth, or a non-cumulative one if you want regular income from your FD interest.

• Form 121 shall be applicable if taxable income is upto ₹ 4 lakh for Individual below 60 years/HUF/Trusts and taxable income upto ₹ 12 lakh for resident individuals whose age is 60 years or more.

Premature withdrawals are subject to scheme-specific penalties as per RBI regulations.

You can check your FD maturity date anytime through your eFDA or through the ICICI HFC FD portal.

Yes, senior citizens enjoy an additional 0.35% on FD interest rates, making it one of the best fixed deposit rates for senior citizens.

An application requesting to update the address, bank account details, etc. may be submitted to ICICI HFC along with the proof of a document, like new residence proof, cancelled cheque'. All the account holders should sign the application.

Yes, loan facility is available at the discretion of ICICI HFC, which can be availed only after three months from the date of deposits and up to 75% of the deposit amount subject to certain terms and conditions as mentioned on the FD Application Form. Interest on such loans will be 2% above the deposit rate. Please note that this facility is available only to individuals (other than minors and NRIs) and HUFs.

Yes, the depositor can do 100% withdrawal of FD in case of Critical illness. Critical illness is defined as click here.

Your maturity amount includes the principal plus the interest earned. In a cumulative plan, interest is compounded and paid at maturity, while in a non-cumulative plan, payouts are made periodically. You can use the ICICI HFC FD calculator to estimate your total returns.

Your eFDA is sent to your registered email address and can also be downloaded from the FD Portal.