ICICI Bank’s best fixed deposit rate is 6.50% a year, and 7.10% for senior citizens. Rates vary by tenure — the best rate sits on the 3 years 1 day to 5 years bucket rather than on the longest term.
The rate
| General | Senior citizen | Best tenure |
|---|---|---|
| 6.50% | 7.10% | 3 years 1 day to 5 years |
as of 2026-10-02 · each bank’s own rate page or rate card, deposits below ₹3 crore
How it compares
This is the joint 9th highest of the 12 providers we track, 1.75% below Suryoday Small Finance Bank at 8.25%. The large private banks are clustered tightly: Axis Bank and HDFC Bank are both at 6.50% too, with Kotak Mahindra Bank just above at 6.65%. Choosing between them on rate alone is choosing between near-identical numbers; the whole ranked table is on best FD interest rates.
What it means after tax
FD interest is taxed at your slab rate, so the advertised figure is before tax and TDS applies once annual interest crosses the threshold. The FD maturity calculator works out what a specific amount and tenure leaves you with at your own slab.
The rest of ICICI Bank’s deposit and lending products are indexed on the ICICI Bank fixed deposit page. Terms change without notice — confirm the current figures with the bank before you act.
Sources
- Credsir rate tracker — each bank’s own rate page or rate card, deposits below ₹3 crore — as of 2026-10-02