Interest Rates for Fixed Deposits and Recurring Deposits in November 2026: Latest Rates and Maximum Returns for General and Senior Citizens

ICICI Bank has announced its fixed deposit (FD) and recurring deposit (RD) interest rates for November 2023, offering competitive returns for both general customers and senior citizens. The bank has made adjustments to its interest rates, which are effective from November 1, 2023.

For general customers, ICICI Bank is providing interest rates on fixed deposits ranging from 3.00% to 7.00%, depending on the tenure of the deposit. Specifically, deposits with a tenure of 7 days to 14 days will earn an interest rate of 3.00%, while those with a tenure of 15 days to 29 days will earn 3.50%. For deposits maturing in 30 days to 90 days, the interest rate is set at 4.00%.

For longer tenures, the rates increase significantly. Deposits with a tenure of 91 days to 184 days will earn 4.50%, while those with a tenure of 185 days to less than one year will earn 5.75%. For fixed deposits maturing in one year to less than two years, the interest rate is 7.00%. Notably, for tenures of two years to ten years, the interest rate remains at 7.00%.

Senior citizens benefit from higher interest rates, with ICICI Bank offering an additional 0.50% on fixed deposits. This means that senior citizens can earn interest rates ranging from 3.50% to 7.50%, depending on the tenure of their deposits. For example, a senior citizen making a fixed deposit for one year can earn an interest rate of 7.50%.

In addition to fixed deposits, ICICI Bank also offers recurring deposit options. For general customers, the interest rates for recurring deposits range from 4.00% to 7.00%, while senior citizens can earn between 4.50% and 7.50%, depending on the tenure.

These interest rates reflect ICICI Banks commitment to providing attractive savings options for its customers, catering to both general and senior citizen clients. Customers are encouraged to consider these options for their savings and investment needs, as the rates may vary based on the amount and duration of the deposit.

For those looking to invest in fixed or recurring deposits, ICICI Banks latest offerings present a viable opportunity to earn competitive returns while ensuring the safety of their funds.