Estimates assume on-time monthly installments and quarterly compounding. Confirm the term, minimum installment, late payment rules, and early closure terms with the bank.
ICICI Bank (ICICI) is a private sector bank, headquartered in Mumbai, established in 1994. Its headline 1-year FD rate of 6.25% is 0.23% below the private sector average of 6.48%, ranking #739 of 1033 banks on RateScan.in.
Figures marked “approx.” are rounded public estimates as of 2024.
Health indicators sourced from official 2025 disclosures. CRAR ≥ 16% = strong · Net NPA < 1% = healthy · Verify before investing.
Rates verified from official source. Scheduled private sector bank: deposits insured by DICGC up to ₹5,00,000.
Every RBI press release since 1 Jan 2024 that names ICICI Bank, newest first, each linked to RBI. Checked every week; last on 11 Nov 2026.
A monetary penalty is a fine for not following an RBI rule. On its own it does not stop the bank taking or repaying deposits; RBI does that through directions, which are listed here when they apply.
RBI fined the bank ₹75.00 lakh
RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Valuation of Properties - Empanelment of Valuers’ and ‘Opening of Current Accounts by Banks – Need for discipline’”
“The bank did not carry out valuation of properties by independent valuers in certain mortgage loans. The bank opened / maintained certain current accounts in contravention of extant regulatory requirements.”
RBI says: “The action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”
RBI fined the bank ₹97.80 lakh
RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Cyber Security Framework in Banks’, ‘Know Your Customer (KYC)’, and ‘Credit Card and Debit Card – Issuance and Conduct’”
“The bank failed to report a cyber security incident to RBI within the stipulated timeline; The bank failed to put into use a robust software for throwing alerts for certain categories of accounts; The bank failed to send credit card bills / statements to certain customers, but levied late payment charges.”
RBI says: “The action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.”
RBI fined the bank ₹1.00 crore
RBI's reason: “for non-compliance with certain directions issued by RBI on ‘Loans and Advances – Statutory and Other Restrictions’”
“The bank had sanctioned term loan(s) to certain entities (i) in lieu of or to substitute budgetary resources envisaged for certain projects; (ii) without undertaking due diligence on the viability and bankability of the projects to ensure that revenue streams from the projects were sufficient to take care of the debt servicing obligations; (iii) the repayment/servicing of which was made out of budgetary resources; and (iv) without ensuring that the funding proposals were for specific monitorable projects.”
RBI says: “The action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transactions or agreement entered into by the bank with its customers.”
This record covers RBI press releases only. Other actions, such as those of a state's Registrar of Co-operative Societies, are not included.
7,981 branches in 586 districts
Most branches: Delhi 284, Bengaluru Urban 268, Mumbai 246
From RBI's IFSC directory (updated 1 Nov 2026). Counts can include recently merged or closed branches; check the bank's branch locator before visiting.
Every rate, tenure by tenure, and what your money grows to.
Changes to ICICI's fixed deposit (FD) rates that RateScan.in has recorded since it started tracking them on 19 Sept 2026. Each date is when RateScan.in first recorded the new rate; the bank's own effective date is in the rate table above.
See ICICI FD rates side by side against India's top banks.
Informational only. Always confirm the current rate on the official ICICI website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.
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