Axis vs ICICI FD Rates October 2026

Axis offers up to 6.50% p.a. · ICICI up to 6.50% p.a. · Side-by-side across all tenures, general & senior citizen rates.

FD Rate Comparison — All Tenures

Highlighted cells show the higher rate for each tenure. Dataset refreshed 1 Oct 2026.

1-year FD winner Equal 6.25% vs 6.25%
Savings account Equal 2.50% vs 2.50%
Tenure Axis ICICI
GeneralSenior GeneralSenior
6 months 5.50% 6.00% 4.50% 5.00%
1 year 6.25% 6.75% 6.25% 6.75%
2 years 6.50% 7.00% 6.30% 6.80%
3 years 6.50% 7.00% 6.45% 6.95%
5 years 6.50% 7.25% 6.50% 7.10%

Rates for retail deposits below ₹3 crore. Senior citizen rate typically +0.25–0.50% p.a. Green cells show the higher general rate for each tenure. Calculate your maturity amount →

Savings Account Rates

Axis
2.50% p.a.
vs
ICICI
2.50% p.a.

Which bank should you choose?

Both Axis and ICICI are private sector banks with strong digital banking platforms and widespread branch networks. Rates are currently similar between the two — branch access, digital banking experience, and existing account relationships may be the deciding factors.

This is informational only — always verify the current rate on the bank's official website and consult a financial adviser for personalised guidance.

About These Banks

Axis Bank

Type
Private Sector Bank
HQ
Mumbai
Est.
1993
Best FD rate
6.50% p.a.
DICGC insured
Yes (up to ₹5 lakh)
Full profile
Axis deposit rates →

ICICI Bank

Type
Private Sector Bank
HQ
Mumbai
Est.
1994
Best FD rate
6.50% p.a.
DICGC insured
Yes (up to ₹5 lakh)
Full profile
ICICI deposit rates →

Frequently Asked Questions

Which bank gives a higher FD interest rate — Axis Bank or ICICI Bank?

Both banks offer a similar maximum FD rate of 6.50% p.a. (as of 1 Oct 2026). See the tenure table above for per-tenure differences.

What is Axis Bank's current 1-year FD interest rate?

Axis Bank offers 6.25% p.a. for general depositors on 1-year FDs, and 6.75% p.a. for senior citizens (as of 1 Oct 2026). Confirm the current rate on Axis Bank's official website before investing.

What is ICICI Bank's current 1-year FD interest rate?

ICICI Bank offers 6.25% p.a. for general depositors on 1-year FDs, and 6.75% p.a. for senior citizens (as of 1 Oct 2026). Confirm the current rate on ICICI Bank's official website before investing.

Are fixed deposits with Axis Bank and ICICI Bank safe?

Yes. Both Axis Bank and ICICI Bank are regulated by the Reserve Bank of India (RBI). Deposits at both banks are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC) up to ₹5,00,000 per depositor per bank, covering principal and interest combined. Amounts above ₹5 lakh are not covered by deposit insurance.

Do Axis Bank and ICICI Bank offer higher FD rates for senior citizens?

Yes, both banks offer additional interest for senior citizens (aged 60 and above), typically 0.25%–0.50% p.a. above the general rate. Axis Bank's 1-year senior rate: 6.75% p.a. ICICI Bank's 1-year senior rate: 6.75% p.a.

What is the highest FD rate available between Axis Bank and ICICI Bank?

The highest rate between the two is 6.50% p.a. from Axis Bank for the 18 Months < 2 years tenure (general public, retail deposits below ₹3 crore, as of 1 Oct 2026).