How to Check Fixed Deposit Interest Rate, Maturity Amount & Date?

Fixed Deposits (FDs) are a popular and reliable investment option for individuals looking to grow their money. They offer a secure way to invest extra funds while earning assured returns over a fixed tenure. However, once you have opened an FD Account with the Bank, keeping track of major aspects like the Fixed Deposit maturity date and interest rate is recommended. When you have these details handy, you get full clarity about the money you have deposited in the FD Account, which is helpful for financial planning and decision-making. In this post, we will discuss the common methods for checking your Fixed Deposit details.

Key terms of a Fixed Deposit

Proceeding to open a Fixed Deposit Account needs keeping a tab on the key terms, including:

• Interest Rate: Fixed Deposit Interest Rate is the rate of interest at which your FD will generate annual profits

• Maturity Amount: This is the total amount you will receive when the FD matures, including the initial deposit and the interest earned during the FD tenure

• Maturity Date: Fixed Deposit maturity date is the end of the FD’s tenure, so you can either withdraw the funds or reinvest them at this point.

How to check Fixed Deposit related information?

You can access your Fixed Deposit Accounts and review the information through ICICI Bank Net Banking or the iMobile app. Here is the stepwise process:

Using Internet Banking

• Log in: Login to your Net Banking Account using your credentials

• Access your Account: Head over to the ICICI Bank Internet Banking portal. Sign in using your login details

• Head to Fixed Deposits: Access the dashboard. Click on the ‘Deposits’ tab to choose ‘Fixed Deposits’

• Check FD information: You can see a list of your FDs. Select the one you want to check the details about. Here, you can easily check all the details, such as the interest rate and maturity date

• Get the ‘Statements Download’ option: You also have the option to download a statement for your future reference.

Using the iMobile app

• Log in: The first step is to launch the iMobile app. Next, log in using your login details or biometric credentials

• Go to the FD section: To check out the FD section on the app, go to ‘Accounts & FD/RD’ and click the ‘Fixed Deposits’ tab

• Choose your Fixed Deposit: You will see a list of all your Fixed Deposits. Simply click on the FD you wish to review

• The app will then display the FD interest rate information, including the final amount and date of maturity, in addition to other particulars.   

How to check Fixed Deposit information using Customer Service?

• Call them: Reach out to ICICI Bank Customer Service at 1800 1080 from your registered mobile number

• Confirm your identity: Share the information like your account number or registered phone number to verify who you are

• Inquire about FD details: After verifying your identity through authentication procedures requested by the Customer Care representative, they will furnish you with details such as the interest rate for your FD Account and its maturity amount, along with the maturity date information. The representative can also assist with renewal or early withdrawal options, if necessary.   

Benefits of an ICICI Bank FD

Opening an FD with ICICI Bank has several advantages, making it an appealing choice for secure and growth-focused savings. Here are some key benefits:

Safety from market volatility

FDs are known for their steadiness because they are unaffected by changes in the market. Due to this, investing in FD Accounts is a safe way to protect your savings from market fluctuations.

Digital FD creation

Opening an FD Account digitally with ICICI Bank is a simple and convenient process. You can create an FD online in just 60 seconds from any location with a few clicks, saving time and removing the need for extensive documentation.

Immediate liquidity

Fixed Deposits provide quick access to cash without breaking your deposit or compromising your investment. ICICI Bank FD provides fast liquidity with an Overdraft facility of up to 90% of your FD value.

Adaptable tenure

With a Fixed Deposit that offers adjustable tenures, from as less as seven days to ten years, you can efficiently plan your financial objectives and match your investment with your financial goals.

Savings for long-term objectives

FDs are suitable for long-term savings goals like buying a new home or a car or planning for retirement. The secured returns and predictable growth make FDs reliable for building up savings over time.

Assured returns

Choosing an FD ensures assured returns that are often higher than those from regular Savings Accounts. It makes FDs attractive for investors seeking steady income and capital preservation.

Best interest rates in the market

FDs offer attractive interest rates, which are higher than traditional savings options. It helps grow your savings faster and maximise the returns on your investment over the deposit period.

Conclusion

FDs are an excellent way to increase your savings. However, it's essential to stay informed about the details associated with them. ICICI Bank provides multiple options for you to effectively monitor the interest rate, maturity amount and date through digital banking channels like the iMobile app or by contacting Customer Service representatives. Also consider using the FD calculator to get an idea of your returns and find the options best suited for you.

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