ICICI Bank Slashes Fixed Deposit Rates Across Various Tenures From Today-- Check Latest ICICI FD Interest Rates June 2025

New Delhi: Private sector lender ICICI Bank has slashed interest rates on Fixed Deposits (FD) across various tenures by up to 25 basis points (bps) for amounts less than Rs 3 crore. 

The latest FD rates are applicable from 10 June 2025, as per ICICI Bank website.

Tenure	With Premature Withdrawal
	General Citizen	Senior Citizen
7 to 45 Days	3.00%	3.50%
46 to 90 Days	4.00%	4.50%
91 to 184 Days	4.50%	5.00%
185 to 270 Days	5.50%	6.00%
271 Days to < 1 Year	5.75%	6.25%
1 Year to < 15 Months	6.25%	6.75%
15 Months to < 18 Months	6.35%	6.85%
18 Months to 2 Years	6.50%	7.00%
2 Years 1 Day to 5 Years	6.60%	7.10%
5 Years 1 Day to 10 Years	6.60%	7.10%
5Y (Tax Saver FD)	6.60%	7.10%

ICICI Bank FD Interest Rates will apply to new as well as renewed FDs. The bank has mentioned in its website that FD interest payouts will be subject to Tax Deducted at Source (TDS) as per Income Tax Laws. If you change your account from Non-Resident to Resident, the Resident Deposit interest rates will be applicable. NRE rates are only for tenure of 1 year or more, says ICICI.

Senior Citizens Fixed Deposit (FD) interest rates only apply for Domestic Fixed Deposits.

ICICI Bank's FD rate reduction comes a couple of days, after the Reserve Bank of India (RBI) announced reduction in key interest rates last week.

This is new RBI Governor Sanjay Malhotra’s third Monetary Policy after he took charge at the central bank, succeeding Shaktikanta Das. The six-member Monetary Policy Committee (MPC) meeting that began on Wednesday, announced the decision to reduce the repo rates by 50 basis points to 5.50 percent.

The Monetary Policy Committee has unanimously decided to slash the policy rate by 50 basis points to 5.50 percent, RBI Governor Sanjay Malhotra said.