Fixed Deposits - Features

Wouldn't you like a Fixed Deposit that allows you to deposit your money for just as long as you wish? Our Fixed Deposit allows you just that - deposits can be opened for periods ranging from 7 days to 10 years.

Other features include:

Minimum Balance

• You can avail of ICICI Bank Fixed Deposits for a minimum deposit of Rs 10,000 for General Customers and Rs 2,000 for Fixed Deposits for Minors.

Nomination

• Nomination facility available for bank deposits.
• There can be only one Nominee for a deposit account whether held singly or jointly.
• A person legally empowered to operate a minor's account can file a nomination on behalf of the minor.
• Applicants can make nomination by filling up the Form prescribed under the Banking Companies (Nomination) Rules 1985.
• The nomination details can be changed during the subsistence of the account relationship by filling up the Form prescribed under the Banking Companies (Nomination) Rules 1985.
• For more details approach your bank.

Choice of two investment plans:

Traditional

• Interest payable monthly or quarterly as per your convenience
• Maturity period ranges from 7 days to 10 years.

Reinvestment

• Interest is compounded quarterly and reinvested with principal amount
• Maturity period ranges from 6 months to 10 years