ICICI Bank and Indian Bank increase FD interest rates: Senior citizens can now earn up to 7.30% in this FD

ICICI Bank and Indian Bank have increased fixed deposit (FD) interest rates on select tenures for deposits below Rs 3 crore.

While ICICI Bank has increased FD interest rates by 10 basis points (bps) on select tenures, Indian Bank has increased the rate by 15 bps each on its 555-day and 777-day special FDs.

To general citizens, ICICI Bank now offers FD interest rates from 2.75% to 6.6% on tenures ranging from 7 days to 10 years. To senior citizens, the bank is now offering the highest interest rate at 7.20%.


Earlier, ICICI Bank offered the highest FD interest rate of 6.50% to general citizens and 7.10% to senior citizens.

Latest ICICI Bank FD interest rates

ICICI Bank has increased the interest rate on fixed deposits from 6.45% to 6.55% on a tenure of 2 years and 1 day to 3 years.

The bank has also increased its interest rate from 6.50% to 6.60% on a tenure of 3 years and 1 day to 5 years.

On the 5-year Tax Saver FD, ICICI Bank has increased the rate from 6.50% to 6.60%. The bank has also increased the FD rate on a tenure of 5 years and 1 day to 10 years from 6.50% to 6.60%.

FD tenure	Till Oct 22	From Oct 23	Change
7 to 45 days	2.75%	2.75%	No change
46 to 90 days	4.00%	4.00%	No change
91 to 184 days	4.50%	4.50%	No change
185 days to less than 1 year	5.50%	5.50%	No change
1 year to less than 18 months	6.25%	6.25%	No change
18 months to 2 years	6.30%	6.30%	No change
2 years 1 day to 3 years	6.45%	6.55%	+0.10 percentage point
3 years 1 day to 5 years	6.50%	6.60%	+0.10 percentage point
5 years 1 day to 10 years	6.50%	6.60%	+0.10 percentage point
5-year Tax Saver FD	6.50%	6.60%	+0.10 percentage point

ICICI Bank senior citizen FD interest rates

ICICI Bank has increased the interest rate by 10 bps each on senior citizen FDs of 2 years and 1 day to 10 years.

Senior citizens will get the highest rate of 7.20% on tenures of 3 years and 1 day to 5 years and 5-year tax-saver FD.

The next best rate at 7.1% is available on a tenure of 5 years and 1 day to 10 years.

FD tenure	Till Oct 22	From Oct 23	Change
7 to 45 days	3.25%	3.25%	No change
46 to 90 days	4.50%	4.50%	No change
91 to 184 days	5.00%	5.00%	No change
185 days to less than 1 year	6.00%	6.00%	No change
1 year to less than 18 months	6.75%	6.75%	No change
18 months to 2 years	6.80%	6.80%	No change
2 years 1 day to 3 years	6.95%	7.05%	+0.10 percentage point
3 years 1 day to 5 years	7.10%	7.20%	+0.10 percentage point
5 years 1 day to 10 years	7.00%	7.10%	+0.10 percentage point
5-year Tax Saver FD	7.10%	7.20%	+0.10 percentage point

Indian Bank FD interest rates

Indian Bank has increased the interest rate on its Ind Grow (555 days) FD from 6.65% to 6.80% and on its Ind Prosper (777 days) FD from 6.60% to 6.75%, effective October 23, 2026, for deposits below Rs 3 crore. Senior citizens will get a 50 bps extra rate on both these FDs.

Interest Rates on Domestic Retail Term Deposits
Period / Tenor of Deposit	Less than Rs.3 crore
	Existing Rate	Revised Rate
		(w.e.f 23.10.2026)
	(% per annum )	(% per annum )
7 days to 14 days	2.8	2.8
15 days to 29 days	2.8	2.8
30 days to 45 days	3	3
46 days to 90 days	3.25	3.25
91 days to 120 days	3.5	3.5
121 days to 180 days	3.85	3.85
181 days to less than 9 months	4.5	4.5
9 months to less than 1 year	4.75	4.75
IND Supreme 2.0(300 days)	6.2	6.2
1 year	6.1	6.1
Above 1 year to less than 2 years	6.2	6.2
Ind Green (500 Days)	6.4	6.4
Ind Grow (555 Days)	6.65	6.8
2 years to less than 3 years	6.15	6.15
Ind Prosper(777 Days)	6.6	6.75
3 years to less than 5 years	6.05	6.05
5 year	6	6
Above 5 years	6	6