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ICICI Bank FD Rates 2025: It comes after the Reserve Bank of India-led by Sanjay Malhotra, unanimously decided to cut the repo rate by 50 bps to 5.50 per cent from 6 per cent.
ICICI Bank cuts FD interest rate by 25 bps.
ICICI Bank FD Rates 2025: ICICI Bank has revised its fixed deposit (FD) interest rates, lowering them by 25 basis points (bps) across select tenures. The new rates came into effect from June 10, 2025, and apply to both general and senior citizens for deposits below Rs 3 crore.
It comes after the Reserve Bank of India-led by Sanjay Malhotra, unanimously decided to cut the repo rate by 50 bps to 5.50 per cent from 6 per cent. It was the third time that the central bank slashed the key benchmark lending rate, given that inflation was under control.
According to the updated rate card, the bank is now offering 3.00% interest for general citizens and 3.50% for senior citizens on deposits with a tenure of 7 to 45 days. For slightly longer durations of 46 to 90 days, the rates stand at 4.00% and 4.50%, respectively.
Short-term FDs of 91 to 184 days will now earn 4.50% for regular customers and 5.00% for seniors. The rate rises to 5.50% and 6.00% for tenures ranging from 185 to 270 days, and further to 5.75% and 6.25% for the 271 days to less than one-year slab.
The most noticeable rate revisions have been made in the 1 to 2-year segment. Deposits from 1 year to less than 15 months now offer 6.25% for general citizens and 6.75% for senior citizens. The highest rates currently offered are for tenures of 2 years 1 day to 10 years, where the general public can earn 6.60%, and senior citizens enjoy 7.10%.
Tax Saver FDs, with a lock-in of 5 years, also offer the same rates — 6.60% for general customers and 7.10% for seniors.
| Tenure | With Premature Withdrawal | |
| General Citizen | Senior Citizen | |
| 7 to 45 Days | 3.00% | 3.50% |
| 46 to 90 Days | 4.00% | 4.50% |
| 91 to 184 Days | 4.50% | 5.00% |
| 185 to 270 Days | 5.50% | 6.00% |
| 271 Days to < 1 Year | 5.75% | 6.25% |
| 1 Year to < 15 Months | 6.25% | 6.75% |
| 15 Months to < 18 Months | 6.35% | 6.85% |
| 18 Months to 2 Years | 6.50% | 7.00% |
| 2 Years 1 Day to 5 Years | 6.60% | 7.10% |
| 5 Years 1 Day to 10 Years | 6.60% | 7.10% |
| 5Y (Tax Saver FD) | 6.60% | 7.10% |
While the move reflects a broader trend of banks adjusting rates amid evolving liquidity and monetary conditions, investors—especially retirees relying on steady income—may feel the pinch.
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst…Read More
Varun Yadav is a Sub Editor at News18 Business Digital. He writes articles on markets, personal finance, technology, and more. He completed his post-graduation diploma in English Journalism from the Indian Inst… Read More
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