ICICI Bank Recurring Deposit Rates: A Detailed Guide

ICICI Bank Recurring Deposit (RD) is a popular savings option for individuals who want to invest a fixed amount every month and earn stable returns. The interest rates offered on ICICI Bank RDs vary based on the chosen tenure and customer category, such as general or senior citizens.

Below is the latest ICICI Bank RD interest rate chart for 2026, helping you compare rates across tenures and plan your savings more effectively.

Interest Rate Chart of ICICI Bank Recurring Deposit

Here is a list of ICICI Bank RD interest rates in 2026 that you need to know about:

Note: To estimate your maturity amount and total returns, you can use the ICICI Bank RD calculator for accurate and quick calculations.

Key Features of ICICI RD Account

Here is a list of some of the key features of the ICICI Bank Recurring Deposit that individuals can avail:

• Open an RD account at ICICI Bank with a minimum balance of just ₹500 a month.
• You are eligible to add a nominee to your RD account at ICICI.
• ICICI Bank offers attractive RD interest rates up to 6.50% for the general public and 7.10% for senior citizens.
• Get flexible tenures in multiples of 3 months when opening an RD account. The tenure can range between 6 months and 10 years.
• Premature withdrawal of an RD may attract a penalty, which is typically a percentage of the deposit amount.
• Get a loan against your newly opened recurring deposit.
• TDS (Tax Deducted at Source) is applicable on the interest earned, as per prevailing income tax rules.

Benefits of Opting for an ICICI RD Account

Here is a list of applicable benefits that you get upon opening an ICICI RD account:

• You can get a higher interest rate than a normal savings account.
• Easy online account opening through ICICI’s digital platforms.
• Senior citizens earn more, with an additional interest of 0.50% to 0.60%.
• Receive guaranteed returns of the principal sum plus interest upon maturity.

Documents Required For ICICI Recurring Deposit Account

• Aadhaar
• Passport / Voter ID / Driving Licence
• Utility Bills (as communication proof)

Eligibility Criteria for ICICI Bank Recurring Deposit

The list of eligibility criteria for applying for an RD at ICICI Bank is:

• Must be a resident Indian.
• Applicant should be at least 18 years old.
• Individuals in their own name
• Joint applicants (A maximum of 3 joint holders is usually allowed)

Conclusion

ICICI Bank Recurring Deposit is a reliable savings option for individuals looking to build wealth gradually through disciplined monthly investments. ICICI RDs cater to a wide range of financial goals from short-term needs to long-term planning. Understanding the latest RD interest rates, features, and eligibility criteria, you can choose the right tenure and monthly contribution to maximise your returns.

Download Stable Money and Earn Higher Returns of Up to 8.00% on Recurring Deposits