Fixed Deposit (FD) Interest Rate

A Fixed Deposit works on the principle of tenure-based investing. Each tenure comes with a pre-determined interest rate. Generally, the longer the tenure, the higher the interest rate will be. The growth of your FD investment depends on the applicable interest rate and the frequency of interest paid.

ICICI HFC Fixed Deposits offer a combination of attractive interest rates, under non-cumulative and cumulative schemes.

Under the non-cumulative scheme, Fixed Deposit interest would be paid on a monthly, quarterly or annual basis depending on the scheme opted by you. In cumulative deposits, the FD interest is accumulated with the deposit amount, which is eligible to earn interest on annual compounding principle. The principal as well as the accumulated interest is paid to the customer only upon maturity or premature withdrawal.

Find out our existing interest rates for non-cumulative and cumulative schemes for a tenure of your choice in the table below. You can also use or FD calculator to know the growth of your FD investment.

Base Rates for Fixed Deposits < ₹20.0 mn (Public Deposits)

Interest rates applicable from March 24, 2022 subject to review subsequently. Rate of Interest for Public Deposits.


(In Months)

Effective March 24, 2022
Cumulative Non-Cumulative
Cumulative Plan 

**Indicative Yield(Cumulative option)

Monthly Income Plan

Quarterly Income Plan

Yearly Income Plan

>=12 to <24  5.25% 5.25% 5.10% 5.15% 5.25%
>=24 to <36  5.75% 5.92% 5.60% 5.65% 5.75%
>=36 to <60 6.20% 6.59% 6.05% 6.10%