ICICI provides its customers with various kinds of Fixed deposit facilities that are flexible and cater to customers who have different needs and wants in their fixed deposits.
ICICI provides a Fixed Deposit that allows customers to deposit their money for just as long as you wish. The Fixed Deposits can be opened for periods ranging from 15 days to 10 years.
Salient features of a normal fixed deposit
Allows customers to open fixed deposits for periods ranging from 15 days to 10 years and a choice of two investment plans:
Traditional
• Interest payable monthly, quarterly or half-yearly as per your convenience
• Maturity period ranges from 15 days to 10 years.
Reinvestment
• Interest is compounded quarterly and reinvested with principal amount
• Maturity period ranges from 6 months to 10 years
Minimum Balance
• Customers can avail of ICICI Bank Fixed Deposits for a minimum deposit of Rs.10,000 and thereafter in multiples of just Rs.1,000.
Nomination
• Nomination facility is available for relationships in the names of individuals. Unless otherwise specifically, given in writing by depositors, nomination in deposit accounts will be at Customer ID level.
• Depositor(s) however has/have the right to specify different nominations at account level by completing appropriate forms.
• Further, the applicant(s) is/are at liberty to change the nominee, through declaration in the appropriate form to revise the nomination during the currency of the relationship accounts with the Bank.
Fixed Deposit Eligibility
Resident Indian
ICICI provides a Fixed Deposit that allows customers to deposit their money for just as long as you wish. The Fixed Deposits can be opened for periods ranging from 15 days to 10 years.
Salient features of a normal fixed deposit
Allows customers to open fixed deposits for periods ranging from 15 days to 10 years and a choice of two investment plans:
Traditional
• Interest payable monthly, quarterly or half-yearly as per your convenience
• Maturity period ranges from 15 days to 10 years.
Reinvestment
• Interest is compounded quarterly and reinvested with principal amount
• Maturity period ranges from 6 months to 10 years
Minimum Balance
• Customers can avail of ICICI Bank Fixed Deposits for a minimum deposit of Rs.10,000 and thereafter in multiples of just Rs.1,000.
Nomination
• Nomination facility is available for relationships in the names of individuals. Unless otherwise specifically, given in writing by depositors, nomination in deposit accounts will be at Customer ID level.
• Depositor(s) however has/have the right to specify different nominations at account level by completing appropriate forms.
• Further, the applicant(s) is/are at liberty to change the nominee, through declaration in the appropriate form to revise the nomination during the currency of the relationship accounts with the Bank.
Fixed Deposit Eligibility
Resident Indian