tick2trade
private vs public sector

ICICI vs Indian Bank RD

Side-by-side comparison of ICICI Bank and Indian Bank RD schemes — rate bands, senior bonuses, compounding and end-to-end maturity on identical inputs. All figures use last-published rates as on 2025-09.

ICICI vs Indian BankRD side-by-side

rates as on 2025-09
5,000
3.00
7.00
6.50
ICICIprivate
Effective rate
7% p.a.
Invested
₹1,80,000
Interest
₹20,686
Maturity
₹2,00,686
Indian Bankpublic
Effective rate
6.5% p.a.
Invested
₹1,80,000
Interest
₹19,122
Maturity
₹1,99,122
// verdict
ICICI wins by ₹1,565 over the chosen tenor — a difference of 0.79% in maturity value.

ICICI RD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
6 – 9 months5.756.25
9 – 12 months6.006.50
12 – 24 months6.707.20
24 – 36 months7.007.50
36 – 60 months7.007.50
60 – 120 months6.507.50
Rates shown are the last-published indicative rates from ICICI Bank as on 2025-09. Verify the current schedule on the bank's official website before booking a deposit — actual rates may change without notice.

Indian Bank RD Interest Rates

last published — 2025-09
TenorGeneral (% p.a.)Senior (% p.a.)
6 – 12 months5.756.25
1 – 2 years6.507.00
2 – 3 years6.507.00
3 – 5 years6.256.75
5 – 10 years6.106.60
Rates shown are the last-published indicative rates from Indian Bank as on 2025-09. Verify the current schedule on the bank's official website before booking a deposit — actual rates may change without notice.

// icici vs indian bank at a glance

ICICI

Major private bank offering a wide spread of FD tenors with attractive 15-to-21 month sweet-spot rates.

  • · Established 1994, HQ Vadodara
  • · RD rate band: 5.75% – 7.00%
  • · Senior bonus: 50 bps
  • · Min monthly: ₹500
Indian Bank

Public sector bank with strong south-India presence and IND Super series special-tenor FDs.

  • · Established 1907, HQ Chennai
  • · RD rate band: 5.75% – 6.50%
  • · Senior bonus: 50 bps
  • · Min monthly: ₹100

Both ICICI Bank and Indian Bank are scheduled commercial banks regulated by the Reserve Bank of India, so the contract terms, KYC requirements and DICGC ₹5 lakh deposit insurance are identical. The real differentiation is in the rate card and the special-tenor product mix.

The RDcalculator above lets you tune principal, tenor, and each bank's applicable rate independently — useful when the two banks lead at different slabs (a common scenario when one runs a special-tenor offer like 444 / 555 / 700 days).

// frequently asked questions

ICICI's RD rates span 5.75%–7.00% p.a. while Indian Bank spans 5.75%–6.50% (as on 2025-09). The 'better' bank depends on your exact tenor — use the calculator above to compare on the slab you actually plan to book.