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FD Calculator

Higher Returns, Complete Security.

Use our FD Calculator to plan your investments wisely and maximise your returns.

How Much Amount Do You Want To Invest?

₹10 L ₹1 Cr ₹10 Cr ₹50 Cr ₹100 Cr ₹500 Cr

When Would You Like To Receive The Interest?

On Maturity Monthly Quarterly

Find The Best Interest Rates And Duration

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For Tenure of -

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For Tenure of -

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For Tenure of -
HIGHEST

Interest Rate

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Effective Yield

The actual annual return on your Fixed Deposit, including compounding effects.

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Maturity Amount

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Total Interest

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Duration

1Y 3M 1D

Maturity Date

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Note: The above calculation does not include TDS deductions
Open an FD easily with our end-to-end digital process
Multiple payout options are available in form of Monthly, Quarterly & on Maturity
Flexible FD tenure options ranging from as short as 7 days to as long as 10 years
Tax saving options are also available
The minimum amount to open a Domestic FD is Rs. 10,000, & for an NRO/NRE FD, it is Rs. 25,000
The minimum amount to open a Domestic FD is Rs. 10,000, & for an NRO/NRE FD, it is Rs. 25,000

Interest Rate (w.e.f. from June 27, 2024)

Select Amount

Less than ₹3 Cr ₹3-5 Cr ₹5 - 5.10 Cr ₹5.10 - 24.90 Cr ₹24.90 - 25 Cr ₹25 - 100 Cr ₹100 - 250 Cr ₹250 - 500 Cr More than ₹500 Cr

Select Withdrawal Facility

Original Tenure of Deposit Penal rates for deposit less than ₹5.0 crore
Less than 1 year 0.50%
1 year & above but less than 5 years 1.00%
5 years and above 1.00%

FD Calculation for Resident & NRI Customers

Explore tenure and interest rate related information

  • Resident Customers

  • NRI Customers

  • Tax Deducted at Source (TDS) will be applicable on the interest earned as per the prevailing rate for your Fixed Deposit
  • Check for latest Fixed Deposit Interest Rates
  • FD Minimum Amount is Rs. 10,000 for Resident Customers
  • Payout Types to Choose on Regular Fixed Deposit
Pay-out Type Minimum Tenure Maximum Tenure

Cumulative

6 months

10 years

Quarterly 

3 months

10 years

Monthly

3 months

10 years

The FD Calculator provides indicative rates of the amount on maturity, which are applicable only to Non-Resident External (NRE) and Non-Resident Ordinary (NRO) Term Deposits with a Premature FD Withdrawal facility. The FD Calculator cannot be used for calculating the maturity value for Foreign Currency Non-Resident (FCNR) Account Deposits. Check for latest interest rates on FCNR

  • The FD Calculator will provide the maturity amount for deposits of up to Rs 3 crores
  • Check for FD interest for NRE/NRO on deposits of Rs 3 crores and above.
  • Senior citizen rates are not applicable for NRE and NRO Deposits
  • For NRO FDs, the maturity amount indicated is subject to TDS as applicable. The rates are subject to change from time to time. Check for interest for NRE/NRO.
  • FD amount should be minimum of Rs. 25,000 for NRI Customers

The tenures of deposits are:

FD Type Minimum Tenure Maximum Tenure
NRE FD 1 year 10 years
NRO FD 7 days 10 years

NRE FD: Minimum of 1 year, maximum of 10 years.

NRO FD: Minimum of 7 days, maximum of 10 years.

Features of ICICI Bank FD Interest Calculator

Online and free to use

Online and free to use

ICICI Bank FD Calculator is available online and free of charge, allowing investors to access it conveniently from anywhere.

Compare various Interest Rates

Compare various Interest Rates

Investors can compare the different FD interest rates offered by ICICI Bank to help them make informed decisions about their Fixed Deposit investments.

Few details required

Few details required

Simply input a few details like FD amount and tenure that are required for the calculator to accurately calculate the maturity and interest amount. 

Get instant results:

Get instant results

Evaluate Fixed Deposit returns in a matter of a few clicks. Get an instant calculation of the interest earned on your FD for the desired tenure. 

How does an FD Calculator help you?

With an FD calculator, you can quickly plan your FD investment. To view your returns instantly, simply input the FD deposit amount, duration, and interest rate. Comparing several FD possibilities assists you in selecting the best FD plan for the best returns and more informed financial choices. An FD calculator is your go-to tool for efficient planning since it is easy to use, fast, and precise.

 

 

 

 

FD Calculator FAQs

What is an FD Calculator?

ICICI Bank FD Interest Calculator is a simple tool to help customers determine the interest amount they would earn on their investment in deposits, basis the amount, tenure and prevailing interest rate. This can help calculate the returns on their investments.

How does one use the FD Return Calculator?

You can use the FD Calculator to calculate interest and maturity amount on the FD as follows:

  • Select the Customer Type i.e. Normal or Senior Citizen

  • Select the type of Fixed Deposit i.e. Cumulative or Interest Payout (Quarterly/Monthly) or Short-term FD

  • The FD date will be defaulted as the current date

  • Enter the FD amount

  • Select the format of entering the FD tenure i.e. in combination of Years/Months/Days or in Days. Only enter the preferred tenure according to the format chosen

  • The applicable interest rate, interest amount, maturity date and maturity amount are displayed to the customer.

How does the FD interest calculator work?

Interest on FD is calculated on the basis of the FD tenure and the prevailing interest rate applicable at the time of opening an FD. Interest is calculated as follows:

  • Cumulative FD: Interest is calculated for the quarter and compounded/reinvested to the principal amount. Interest for the next quarter is calculated on the accumulative amount

  • Traditional FD with Quarterly Interest Payout option: Simple interest is calculated and paid at the end of each quarter

  • Traditional FD with Monthly Interest Payout option: Interest is paid at the discounted value and at the end of each month

  • Short-term FD: Interest is calculated on simple interest basis.

What are the types of FDs offered by ICICI Bank?

ICICI Bank offers two types of FDs:

  • Traditional Fixed Deposit: Interest amount is credited at regular intervals, i.e., Quarterly or Monthly. Customer can opt for Monthly/Quarterly payout at the time of creating the Fixed Deposit
  • Cumulative Fixed Deposit: Customer will receive a lump sum amount after maturity. The interest accrued is added back to the principal amount at quarterly intervals.

What is the minimum amount required to open an FD?

A minimum deposit of ₹10,000 is necessary to open an ICICI Bank Fixed Deposit Account. For Recurring Deposits, a minimum deposit of ₹500 is required and later deposits in multiples of ₹100 (monthly).

What is the minimum and the maximum tenure for a Fixed Deposit?

ICICI Bank offers a flexible tenure for FDs that ranges from 7 days to 10 years.

How does one calculate the FD maturity amount?

FD maturity amount can be calculated using the FD Calculator in a simple manner using the below steps:

  • Select the Customer Type i.e. Normal or Senior Citizen

  • Select the type of FD i.e. Cumulative or Interest Payout (Quarterly/Monthly) or Short-term FD

  • Enter the FD amount

  • Enter the required FD tenure i.e. in combination of Years/Months/Days or in Days only

  • The applicable interest rate, interest amount, maturity date and maturity amount are displayed to the customer.

Why is FD return different for Senior Citizens and Generic Citizens?

Senior citizens are offered higher FD interest rates when compared to general citizens. This is because they are low-risk investors who favour safe choices like FDs. Another reason for higher interest rates is to give them a reliable income source during retirement years for a better life. 

How to use FD Calculator to get best return on Fixed Deposit?

The FD calculator is easy to use. Start by entering the amount, time of maturity and select the interest rate mentioned there. Then the FD calculator offers a return comparison of the maturity value. You can plan for greater returns on your Fixed Deposit investment and select accordingly. 

Is the return given by ICICI Bank FD Calculator assured?

Yes, ICICI Bank’s FD Calculator provides assured results when you are using it to analyse your FD returns. You can use the calculator, and give it data like the FD amount, tenure, and offered rate of interest. The tool will give you the maturity value in seconds so that you have an idea of your FD returns.