If a senior citizen puts a fixed deposit, the interest rate applicable to the FD will be 6.25 percent under the special FD scheme. ICICI Bank special FD scheme for senior citizens Close.

ICICI BANK UK PLC – We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Registration Number: 223268).

We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a Bank is unable to meet its financial obligations. Most depositors – including most individuals and businesses – are covered by the scheme.

In respect of deposits, from 30 January 2017, an eligible depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000). The £85,000 limit relates to the combined amount in all the eligible depositor’s accounts with us including their share of any joint account, and not to each separate account.

For further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website or call the FSCS on 0800 678 1100 or 020 7741 4100. Please note only compensation related queries should be directed to the FSCS.

The interest rate is for a 1 year domestic deposit with a balance less than Rs. 2 Crore for a period between 1 year to 389 days The rate of 7.10% is 2.15% higher than the average 4.95%. Also it is 0.65% lower than the highest rate 7.75 Updated Aug, 2019. Fixed Deposit is an investment option that is provided by banks and Non-Banking Financial Companies (NBFCs) to facilitate the expansion of your wealth safely and securely. If you are interested in fixed deposits as an option for saving taxes, opt for a Tax Saver FD and benefit from Fixed Deposit. For deposit rates INR 20.0 million and above click here Refer interest rates updated under ' Fixed Deposits INTEREST RATES ON DOMESTIC, NRO & NRE DEPOSITS.; NRO Recurring Deposits can be accepted for a minimum tenure of 6 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years. Interest Rate on ICICI Bank Fixed Deposit. The interest rate on Fixed Deposit with ICICI Bank varies with the amount deposited and maturity period. The interest rate varies from 3% up to 7.75%. In a fixed deposit.

Table of Contents

Icici Fixed Deposit Rates For 6 Months

1 About ICICI Home Finance Company Fixed Deposit
- 1.1 Important features and advantages of ICICI HFC fixed deposit

About ICICI Home Finance Company Fixed Deposit

ICICI Home Finance Company offers retail fixed deposit to investors. It is one of the safest and most profitable saving scheme for those who are looking for higher returns. ICICI HFC offers higher rate of interest and at the same time flexibility allowing for effective compounding or liquidity depending on a depositor’s financial needs. ICICI fixed deposit is available for different tenure. The different tenure also affect the rate of interest as well. However, these deposits are easy to open and manage.

These fixed deposits are very safe and offer timely fulfillment of financial obligation. The ICICI HFC fixed deposits have given the highest rating of MAAA by ICRA and AAA (FD) by CARE respectively.

Important features and advantages of ICICI HFC fixed deposit

Icici Bank Fixed Deposit

ICICI HFC has the highest credit rate of AAA (FD) by CARE and MAAA by ICRA
It offers flexible tenure to choose from 1 year to maximum 5 years
The fixed deposit interest is compounded on yearly basis
You can choose from monthly, quarterly or yearly compound interest as per your needs
The minimum amount to deposit in ICICI HFC fixed deposit depends upon the saving scheme you have opted. However, it varies from minimum Rs. 10,000 to Rs. 40,000
It offers nomination facility to the depositor
No tax deduction will be made on interest paid Rs. 5000 in a financial year
ICICI HFC offers 0.25% higher rate of interest for senior citizens
It also offers loan facility against the fixed deposit of upto 75%
Premature withdrawal facility

Premature withdrawal is not allowed for the initial three months.

In case of event of premature withdrawal, you have to follow the below term and conditions:

Premature Withdrawal	Rate of interest payable
After 3 months but before 6 months	For individual depositors the maximum interest payable shall be 4% p.a., and no interest in case of other category of depositors.
After 6 months but before 12 months	2% lower than the minimum rate at which public deposits are accepted by ICICI HFC
After 12 months but before the date of maturity	1% lower than the interest rate at which ICICI HFC would have paid had the deposit been accepted for the period for which such deposit has run.

Icici Fixed Deposit Rates Nri

Duration	Non cumulative Scheme	Cumulative Scheme	Extra Benfits	Who Can Invest?
Yearly	Half-yearly	Quarterly	Monthly	Interest
12 Months	8.20% p.a.	--	7.95% p.a.	7.90% p.a.	8.20%p.a
15 Months	8.20% p.a.	--	7.95% p.a.	7.90% p.a.	8.20%p.a
20 Months	8.25% p.a.	-	8.00% p.a.	7.95% p.a.	8.25% p.a.	0.25% extra for senior citizen across all slabs	Resident Individual, NRI, Trusts, Companies, HUF's, AOP
30 Months	8.25% p.a.	-	8.00% p.a	7.95%p.a.	8.25% p.a.
35 Months	8.25%p.a.	-	8.00%p.a	7.95%p.a.	8.25% p.a.
40 Months	8.50%p.a.	-	8.25%p.a.	8.20%p.a	8.50%p.a.
60 Months	8.25%p.a.	-	8.00%p.a.	7.95%p.a.	8.25% p.a.