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ICICI FD Calculator

Total Investment

Interest rate




Select Duration


1 Yr

30 Yrs

The future value of investment will be

Invested Amount


Estimated Return


What is the ICICI FD Calculator?

Fixed deposits (FDs) offer a higher return than savings deposits but may come with lock-in periods or exit loads. Since the rate of interest given is fixed, you can calculate the returns or the maturity amount beforehand. To do so, one could manually do the calculation or use the ICICI FD Calculator available on the Angel One website.

The ICICI FD calculator is a free, online tool used to calculate the returns from ICICI fixed deposits and the maturity amount for a predetermined principal amount, interest rate and duration.

How Does an ICICI FD Calculator Work?

The ICICI FD Calculator uses the compound interest method to calculate the maturity amount. Just enter the following variables - 

  1. Total investment
  2. Interest Rate
  3. Duration

Once you enter these values, the calculator automatically uses them as inputs in the compound interest formula and shows the exact figure of the future value of the investment and the estimated return.

What is the ICICI FD Calculator Formula?

The following is the ICICI FD calculator formula for calculating the maturity amount for a fixed deposit -

Maturity Amount= p (1+r/n) ^ nt


p = Principal amount

t = Time Period

n = Frequency of compounding in each time period

r = Rate of Interest

How to Use the ICICI FD Calculator Online?

The ICICI FD calculator can be used to quickly gather data on the maturity amounts that can be earned in various schemes with different principal amounts and durations.

For example, suppose you have Rs. 3,00,000 to invest for 5 years and there is an ICICI FD that gives 6.85% interest. In order to calculate the interest amount, you simply have to -

  1. Go to the ICICI FD calculator page on the Angel One website
  2. Enter Rs. 3,00,000 under “Total Investment”
  3. Enter the interest rate as 6.85%
  4. Enter the duration as 5 years

The calculator will give the future value of the investment at the end of 5 years as Rs. 4,22,353 and the estimated return as Rs. 122,353. You can thereafter repeat this process for other FDs and compare the outcomes of each.

Benefits of Using an FD Calculator

  1. Estimate earnings in advance - It becomes easy to ascertain the exact final amount that you will get from investing in an FD for a particular combination of principal amount, interest rate, and time period.
  2. Comparing various investment options - Fast and easy calculations allow an investor to compare multiple FD schemes with different principals and durations in a matter of minutes.
  3. Free, accurate and easy to use - You can perform multiple calculations for free from your home using a phone or laptop. Unlike the case of manual calculation, each calculation is error-free and takes less than a second.

Types of ICICI Bank FD Schemes

The following are the types of FD schemes offered by ICICI Bank - 

  1. Regular FD - This is a traditional FD with a standard interest rate.
  2. ICICI Bank Golden Years FD (for resident senior citizens) - Resident Senior citizens can get an additional interest rate of 0.10% for a limited time over and above the existing additional rate of 0.50%. The tenure has to be between 5 years 1 day to 10 years.
  3. Money Multiplier FD - A savings account customer can invest a minimum balance of Rs. 15,000 (to be maintained) for at least 1 year. 
  4. Tax Saver FD - It offers a tax deduction of up to Rs. 1.5 lakh under Section 80C of Income Tax Act. A minimum of Rs. 10,000 can be invested for a fixed tenure of 5 years.
  5. Flexi FD - An FD can be linked to a current account of a customer and will have better liquidity. The minimum balance in the current account must be Rs. 1,05,000.
Factors Influencing FD Earnings

  1. Principal amount - The principal is the total amount invested. The amount that is received upon maturity over and above the principal is the interest earned. The higher the initial investment, the higher the maturity amount.
  2. Tenure of investment - This is the entire period when the principal remains invested in the FD. Higher the tenure of the investment, higher the interest earned.
  3. Rate of interest - The interest rate is the return that the investment gets at the end of every time period, calculated as a percentage of the principal. Therefore, higher the interest rate, higher the increment per year and thereby, higher will be the amount received upon maturity of the FD.
  4. Frequency of compounding - This means how often the interest is calculated and added to the principal for further calculations of interest. Higher the frequency of compounding, higher the interest earned because of the effect of compounding.
  5. Taxation - Higher tax rate means you get a lower return for the same principal, interest, and investment tenure.
  6. Inflation - A high inflation rate will reduce the real value of your return i.e. lower the FD returns when compared to your expenses.


What is the ICICI FD calculator?
The online ICICI FD calculator is a free tool for calculating the returns from investing an amount of money at a specific interest rate for a specific period of time in an ICICI FD.
How to use the ICICI FD calculator online?
Simply visit the Angel One ICICI FD calculator online page. Enter the principal, interest rate and investment tenure and you will be able to view the amount that you will receive on maturity.
Is the ICICI FD calculator free to use?
Yes, the online ICICI FD calculator on the Angel One website is absolutely free. You can simply visit the page and enter the FD details to get the necessary figures on returns.
How much can be the minimum tenure of your bank fixed deposit?
Short-term FDs can have a minimum tenure of as low as 7 days. However, the exact fugure depends on the bank and the scheme in particular.
What is the interest rate on ICICI FD?
The exact rate of interest that you will receive depends on the FD scheme of the bank, the tenure of investment, and whether the investor is a senior citizen or not. However, the rates on offer may change over time based on the RBI’s policy rates as well as other economic factors.

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