ICICI Bank Cuts FD Rates by 10 Bps; New Rates Up To 7.1% Effective March 11, 2026

• ICICI Bank has reduced fixed deposit (FD) interest rates by 10 basis points (bps) for deposits below Rs 3 crore.
• The revised rates will come into effect from March 11, 2026, applying to FDs with premature withdrawal facility.
• General customers can now earn between 2.75% and 6.50%, down from the previous 2.75% to 6.6%.
• Senior citizens will receive rates ranging from 3.25% to 7.10%, a slight decrease from the earlier 3.25% to 7.2%.
• The highest interest rate for senior citizens is 7.10% for tenures of 3 years 1 day to 5 years and 5-year tax saver FDs.