• Recurring Deposit
  • Icici Bank RD Interest Rates
Icici Bank RD Interest Rates

ICICI Bank RD (Recurring Deposit) Interest Rate 2025

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ICICI Bank RD Interest Rates Mar 2025

TenureNormal Citizen RD RateSenior Citizen RD Rate
3 Months to 6 Months4.75%5.25%
6 Months to 9 Months5.75%6.25%
9 Months to 1 Year6.00%6.50%
1 Year to 2 Years6.70%7.20%
2 Years to 3 Years7.00%7.50%
3 Years to 5 Years7.00%7.50%
5 Years to 10 Years6.90%7.50%

Note: All interest rates shown above are as on 1st November 2023

ICICI Bank RD Scheme Details

Tenure
6 Months -10 Year
Public Interest Rates
4.75% to 7.00%
Senior Citizen Interest Rates
5.25% to 7.50%
Minimum Deposit Amount
Rs. 500
Premature Withdrawal
NA
Highest Rates for Public
7.00%
Highest Rates for Senior Citizen
7.50%

ICICI Bank Returns Based on Investment Amount

Investment AmountFor 3 years with interest of 7.00%For 5 years with interest of 6.90%
₹ 50,000₹ 1,51,747₹ 2,54,321
₹ 1 lakh₹ 3,03,493₹ 5,08,642
₹ 2 lakh₹ 6,06,987₹ 10,17,283
₹ 5 lakh₹ 15,17,466₹ 25,43,208
₹ 10 lakh₹ 30,34,933₹ 50,86,415

Compare ICICI Bank vs Punjab National Bank Recurring Deposit

vs
Punjab National Bank
ICICI Bank
ICICI Bank
Maturity Amount₹ 3,03,493₹ 3,02,621
Total Investment Amount₹ 3,00,000₹ 3,00,000
Total Interest Gained₹3,493₹ 2,621

Compare RD Interest Rates of Other Banks

Bank NameRD Interest Rates
bank-0
Punjab National Bank		4.40% to 6.50%
bank-1
City Union Bank		5.75% to 6.50%
bank-2
BOI Bank		4.50% to 6.50%
bank-3
Canara Bank		5.25% to 6.90%
bank-4
Indian Bank		3.50% to 6.70%
bank-5
BOB Bank		4.50% to 7.05%
bank-6
Central Bank of India		4.50% to 6.75%
bank-7
Karur Vysya Bank		6.00% to 7.00%
bank-8
Union Bank of India		4.30% to 6.70%
bank-9
Tamilnad Mercantile Bank		5.75% to 7.00%
bank-10
Karnataka Bank		5.25% to 7.00%
bank-11
Dhanlaxmi Bank		6.50% to 6.75%
bank-12
South Indian Bank		4.50% to 6.50%
bank-13
Federal Bank		5.00% to 7.30%
bank-14
Bank of Maharashtra		4.50% to 6.00%
bank-15
Indian Overseas Bank		4.50% to 6.80%
bank-16
UCO Bank		4.50% to 6.50%
bank-17
RBL Bank		4.75% to 7.50%
bank-18
State Bank of India		4.50% to 7.00%
bank-19
IDBI Bank		4.50% to 6.80%
bank-20
Axis Bank		4.75% to 7.10%
bank-21
HDFC Bank		4.50% to 7.10%
bank-22
Indusind Bank		4.75% to 7.50%
bank-23
Kotak Mahindra Bank		4.00% to 7.10%
bank-24
Yes Bank		5.00% to 7.75%
bank-25
Bandhan Bank		4.50% to 7.25%
bank-26
IDFC First Bank		5.00% to 7.50%
bank-27
Equitas Small Finance Bank		7.25% to 8.20%
bank-28
Capital Small Finance Bank		4.75% to 7.15%
bank-29
Ujjivan Small Finance Bank		4.75% to 7.50%
bank-30
Fincare Small Finance Bank		5.75% to 8.25%
bank-31
ESAF Small Finance Bank		5.25% to 8.50%
bank-32
North East Small Finance Bank		4.00% to 7.50%
bank-33
Suryoday Small Finance Bank		5.00% to 8.50%
bank-34
Utkarsh Small Finance Bank		6.50% to 8.00%
bank-35
Jana Small Finance Bank		4.00% to 8.50%
bank-36
DBS Bank		3.00% to 7.50%
bank-37
Post Office		6.90% to 7.50%

Calculate ICICI Bank Returns

36
3.2 %

₹1,00,000

Total Investment

0

Wealth Gained

₹0

Maturity Amount

Invest in SIP to earn ₹37,83,253 moreExplore Best SIP Plans

About ICICI Bank Recurring Deposit

ICICI Bank recurring deposits allow investors to invest in small amounts regularly for a fixed tenure. ICICI Bank recurring deposit rate ranges between 4.75% to 6.90% p.a. for regular citizens. For senior citizens, the RD interest rates range between 5.25% to 7.50% p.a. Also, ICICI Bank rd interest rates are higher than its saving account rates.

Can I open a ICICI recurring deposit account for a minor?

Yes, a minor can open ICICI Bank recurring deposit account, however under the guardianship of their parents or legal guardian.

Is it possible to renew an ICICI RD account?

No, it is not possible to renew an ICICI Bank RD account.

Resources

  1. ICICI Mutual Funds
  2. ICICI SIP Calculator
  3. ICICI Fixed Deposit
  4. ICICI FD Calculator
  5. ICICI PPF Calculator

Frequently Asked Questions

What is the current interest rate of RD in ICICI Bank?

As of today, March 26, 2025, the current ICICI Bank RD rates range from 4.75% to 7.00% for general citizens and from 5.25% to 7.50% for senior citizens.

How to open rd account in ICICI Bank?

ICICI Bank RD account can be opened with a minimum deposit of Rs. 500 with tenure ranging 6 Months -10 Year. ICICI Bank recurring deposit account can be opened online or by visiting ICICI Bank branches with any ID proof like PAN card, Aadhar card, voter ID, or driving licence etc.

How to close rd in ICICI Bank?

You can close your RD a/c online through "Close A/c" tab or by visiting the branch, this may cost you a penalty. The current premature closer penalty in ICICI Bank RD is NA.

How to calculate maturity and interest in ICICI Bank recurring deposit ?

The maturity amount in ICICI Bank recurring deposit account can be calculated by using A = P x(1 + R / N) ^ (NT) formula.
Where:
A: Maturity Amount
P: Recurring Deposit Amount
N: Number of times the interest is compounded
R: annual interest rate
T: Tenure
Example:
If you open recurring deposit account at the ICICI Bank for 5 years and planed to invest INR 50,000.The current ICICI Bank RD interest rate for 5 year is 6.90%.So using the above formula the maturity amount will be - Rs. 35,87,160.

What is ICICI Bank RD interest rates for 1 year in 2025 ?

The ICICI Bank recurring deposit for 12 months or 1 year is 7.20% for senior citizen and 6.70% for others.

What are the limits on the minimum and maximum deposits?

The ICICI Bank RD account can be opened with as low as INR Rs. 500 per month. Also, there is no limit on the maximum amount for investment in a ICICI Bank RD.

What is the current highest ICICI Bank rd interest rates?

The current highest ICICI Bank rd rate is 7.00% p.a. for normal citizen and 7.50% p.a. for senior citizens in India.