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ICICI Home Finance Fixed Deposit Interest Rates

Home Fixed Deposit ICICI Home Finance Fixed Deposit Interest Rates

ICICI Home Finance Company (ICICI HFC) offers FD interest rates of 7.05-7.65% p.a. to the general public and 7.30-7.90% p.a. to senior citizens on tenures ranging from 1 year to 5 years. This HFC has been accredited with a credit rating of AAA/Stable by CRISIL, AAA/Stable by ICRA and AAA/Stable by CARE. As per CRISIL, AAA indicates very strong chances of timely interest and principal repayment by the HFC. As per ICRA, AAA indicates highest-credit-quality and carries lowest credit risk for the depositors. As per CARE, AAA indicates highest degree of safety regarding timely servicing of financial obligations and carries lowest credit risk.

Updated: 16-07-2025 13:43:05 PM
ICICI Home Finance FD Interest Rates (p.a.) Highlights
Highest slab rate 7.65% (for 39 months; 45 months)
For 1 year 7.05%
For 2 years 7.45%
For 3 years 7.60%
For 4 years 7.60%
For 5 years 7.60%

The interest rates are as of 16 July 2025

Credit Rating of ICICI Home Finance

Credit Rating Agency Rating Outlook
CRISIL AAA Stable
ICRA AAA Stable
CARE AAA Stable

ICICI Home Finance FD

Fixed Deposit Interest Rates on Deposits of less than Rs 3 crore w.e.f. 19 May 2025

Tenure
 Interest Rates (% p.a.)
Cumulative Non-Cumulative
Monthly Income Plan Quarterly Income Plan Yearly Income Plan
12 months to less than 24 months 7.05 6.80 6.85 7.05
24 months to less than 36 months 7.45 7.20 7.25 7.45
36 months to less than 48 months 7.60 7.35 7.40 7.60
48 months to less than 60 months 7.60 7.35 7.40 7.60

Note: Senior citizen and ICICI Group employees are offered 0.25% interest rates on regular fixed deposit rates

IDFC First Earn Credit Card

Special FD Scheme Rates for Public Deposits of less than Rs 3 crore w.e.f. 19 May 2025

Tenure
 Interest Rates (% p.a.)
Cumulative Non-Cumulative
Monthly Income Plan Quarterly Income Plan Yearly Income Plan
39 7.65 7.40 7.45 7.65
45 7.65 7.40 7.45 7.65

Note: Senior citizens and ICICI Group employees are offered 0.25% interest rates on regular fixed deposit rates

Features of Fixed Deposit

  • In cumulative deposits, interest is accumulated with the deposit amount and is paid upon maturity or premature withdrawal. The interest is compounded annually on March 31st, every year
  • In the case of a non-cumulative scheme, interest will be paid on a monthly, quarterly or annual basis
  • Auto closure/auto-renew facility is available
  • Minimum deposit amount:
    • Annual/Cumulative Income Plan – Rs 10,000
    • Quarterly Income Plan – Rs 20,000
    • Monthly Income Plan – Rs 40,000
  • Number of depositors allowed for a single deposit:
    • Minimum: 1
    • Maximum: 3
  • Tenure
    • Resident Indian: 1 year to 5 years
    • Non-Resident Indian: 1 year to 3 years

Loan Against Deposits

  • Depositor can avail loan against 75% of the deposit amount, as per the discretion of HFC
  • Depositor availing the loan need to pay a 2% higher interest rate than the applicable interest rate on FD
  • The facility can be availed after 3 months from the date of the deposit
  • NRIs and minors cannot avail of this facility

Premature Withdrawal of Fixed Deposits

  • Fixed deposits cannot be prematurely withdrawn in the first 3 months of deposit.
  • Premature withdrawal of deposit is allowed in case of death of the depositor
  • On premature withdrawal between 3 to 6 months, maximum interest payable will be the minimum savings bank interest rate offered by ICICI Bank (not exceeding 4% p.a.) for individual depositors and “no interest” will be paid in case of any other category of depositors
  • In case deposits are withdrawn between 6 to 12 months, the interest rates earned by the depositor would be 2% lower than the minimum rate at the time of FD opening
  • Deposits withdrawn after 12 months but before the date of maturity will attract 1% lower interest rate than the interest rate the HFC would have paid had the deposit been opened for the period for which the deposit remained with the bank.

 

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