A Fixed Deposit (FD) can be understood as an account where you deposit a certain amount for a fixed period. In return, you earn a higher interest rate compared to a regular Savings Account. It is a secure way to grow your money with guaranteed returns, regardless of market changes.

ICICI Bank offers various types of Fixed Deposits, including Traditional FDs and Cumulative FDs.

• Traditional Fixed Deposit
  Earn regular interest payouts (monthly or quarterly) with the option to choose your payout frequency.
• Cumulative Fixed Deposit
  Accumulate interest quarterly, added to your principal amount, with a lumpsum payout at maturity.

Here is a list of all the customer categories eligible for investing in an ICICI Bank FD:

• Residents
• Hindu undivided families
• Sole proprietorship firms
• Partnership firms
• Limited companies
• Trust Accounts
• Non-resident Indians
• Minors with Guardianship.

The interest rate on ICICI Bank Fixed Deposits varies based on the deposit tenure and the amount invested. ICICI Bank offers competitive rates to ensure attractive returns on your savings.

With ICICI Bank, opening an FD is easy and fast. You can easily open an FD anytime and from anywhere using options like ICICI Bank's iMobile app, Net Banking, visiting any ICICI Bank branch, using an ATM or contacting Customer Care.