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ICICI BankFixed deposit

ICICI Bank NRO Fixed Deposit

ICICI Bank's callable NRO fixed deposit for Indian-source NRI balances, with short-tenure availability, taxable interest and conditional principal repatriation.

First-party evidencePublished researchReviewed September 10, 2026Active
Current rate evidenceICICI’s reviewed callable retail FD schedule effective 18 June 2026 applies to NRO deposits; the current NRI product page separates NRO taxation from NRE tax-free treatment.
Currency / amount / tenureMinimum deposit is ₹25,000. The current NRI product page states NRO callable tenure can start from 7 days and extend to 10 years.
Premature withdrawal / liquidityInterest is taxable/TDS applies under current law; principal is repatriable within the applicable NRO regulatory limit/documentation framework. No interest is paid on NRO deposits withdrawn within 7 days under the reviewed rate terms.
Deposit-state / funding ruleNRO funding and repatriation rules remain attached to the deposit even when the nominal rupee rate equals a resident/NRE rate band.
Research processPublished by littleden.blog

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

3 first-party sources
Last checkedSeptember 10, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: October 10, 2026.

Critical decision facts

Rate, tenure, liquidity and booking conditions belong together.

A headline deposit rate is incomplete without the dated schedule, tenure band, customer category and premature-withdrawal rules.

01 · Current rate evidenceICICI’s reviewed callable retail FD schedule effective 18 June 2026 applies to NRO deposits; the current NRI product page separates NRO taxation from NRE tax-free treatment.
02 · Currency / amount / tenureMinimum deposit is ₹25,000. The current NRI product page states NRO callable tenure can start from 7 days and extend to 10 years.
03 · Premature withdrawal / liquidityInterest is taxable/TDS applies under current law; principal is repatriable within the applicable NRO regulatory limit/documentation framework. No interest is paid on NRO deposits withdrawn within 7 days under the reviewed rate terms.
04 · Deposit-state / funding ruleNRO funding and repatriation rules remain attached to the deposit even when the nominal rupee rate equals a resident/NRE rate band.
Exact product-type evidence

Fixed deposit evidence stays in its own structure.

Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.

Comparable tenure points

Rate anchors you can compare without reading a headline maximum.

Only tenure points directly represented by the reviewed bank schedule are stored. We do not interpolate a rate between published bands.

Research matrix: Tenure; General; Eligible senior
TenureGeneralEligible senior
3 years6.45%
4 years6.50%
6 years6.50%

Rate basis: ICICI callable retail FD schedule effective 18 June 2026; NRO tax/repatriation rules remain separate. · Effective/reference date: June 18, 2026

Rate history

Dated deposit-rate snapshots.

Effective-date evidence is preserved instead of silently replacing an older rate when a bank reprices new deposits.

Observed September 12, 2026
Callable NRO retail schedule below ₹3Cr effective 18 Jun 2026; reviewed 3–10 year general rate reaches 6.50% in applicable bands.

ICICI callable retail FD schedule effective 18 June 2026; NRO tax/repatriation rules remain separate.

Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Current rate evidenceICICI’s reviewed callable retail FD schedule effective 18 June 2026 applies to NRO deposits; the current NRI product page separates NRO taxation from NRE tax-free treatment.
Currency / amount / tenureMinimum deposit is ₹25,000. The current NRI product page states NRO callable tenure can start from 7 days and extend to 10 years.
Tax / repatriation / payoutMonthly, quarterly or maturity payout options, auto-renewal and overdraft up to 90% on eligible callable NRE/NRO deposits.
Premature withdrawal / liquidityInterest is taxable/TDS applies under current law; principal is repatriable within the applicable NRO regulatory limit/documentation framework. No interest is paid on NRO deposits withdrawn within 7 days under the reviewed rate terms.
NRI / PIO / OCI eligibilityEligible NRIs, PIOs and OCIs under ICICI Bank NRO deposit/KYC rules.
Deposit-state / funding ruleNRO funding and repatriation rules remain attached to the deposit even when the nominal rupee rate equals a resident/NRE rate band.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

NRIs/PIOs/OCIs who want to lock Indian-source rupee funds while keeping NRO-compliant outward-remittance treatment.

Verify before relying
  • The bank’s NRI FAQ has some generic tenure wording; the current product page specifically states NRO starts from 7 days, so the product page controls here.
  • Interest is taxable in India.
  • Treaty relief and documentation can change withholding but not the underlying NRO account state.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.