Fixed Deposit Calculator

The ICICI Bank FD Calculator is a user-friendly tool designed to help customers estimate the interest earned on their Fixed Deposit (FD). By inputting the investment amount, tenure, and applicable interest rate, customers can easily calculate the potential returns on their deposit.

Using the FD Calculator is simple:

• Choose your customer type (Normal or Senior Citizen).
• Select the FD type (Cumulative or Interest Payout: Monthly/Quarterly).
• Input the FD amount and tenure (in Years/Months/Days or Days only).
• The calculator will display the interest rate, interest amount, maturity date, and final maturity value.

ICICI Bank’s FD Calculator is a simple and efficient tool to estimate your Fixed Deposit returns. The calculator needs only basic information from you, i.e., the FD amount and the FD tenure. The rate of interest is automatically filled. The calculator quickly calculates the expected returns on the FD and helps you save time when comparing various FD plans to choose one.

It also eliminates the need for time-consuming manual calculations and ensures more precise results. It helps in better financial planning by providing a clear picture of how your investment will grow over time. 

Using the FD Calculator is simple:

• Choose your customer type (Normal or Senior Citizen).
• Select the FD type (Cumulative or Interest Payout: Monthly/Quarterly).
• Input the FD amount and tenure (in Years/Months/Days or Days only).
• The calculator will display the interest rate, interest amount, maturity date, and final maturity value.

Interest is calculated based on the FD tenure and the prevailing interest rate at the time of opening the FD.

• Cumulative FD: Interest compounded, i.e., reinvested into the principal quarterly

• Quarterly Payout FD: Simple interest paid at the end of each quarter

• Monthly Payout FD: Interest paid at a discounted value monthly

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

The minimum amount to open a Fixed Deposit with ICICI Bank is ₹ 10,000. For a Recurring Deposit, the minimum opening amount is ₹ 500 and subsequent deposits can be in multiples of ₹ 100 per month.

ICICI Bank offers flexible tenures from 7 days to 10 years.

Eligible applicants include:

Individuals:

• Residents

• Non-Resident Indians

• Minors with guardianship.

Entities:

• Sole Proprietorship Firms

• Hindu Undivided Families (HUFs)

• Partnership Firms

• Limited Companies

• Trust Accounts.

You can open an ICICI Bank FD anytime, anywhere through the iMobile app or Internet Banking. You can also open an FD by visiting any ICICI Bank Branch or ATM or by calling our Customer Care on 1800 1080.