Upon maturity, the amount of your Fixed Deposit (FD), Recurring Deposit (RD), or iWish Account (VRD) will be automatically credited to your linked savings account. If the amount is not credited on the maturity date, you can contact our Customer Care for assistance.

To open a Recurring Deposit with ICICI Bank, you can start with a minimum monthly deposit of Rs. 500. After the initial deposit, you can increase the amount in multiples of Rs. 100.

Yes, you can close your Recurring Deposit before maturity. However, interest will be paid at the applicable rate for the period the deposit has been with the bank. A penal rate of interest may apply for premature closure.

No interest is payable on Recurring Deposits closed within 7 days from the date of opening. However, no premature closure charges are applicable within this period.

Senior citizens enjoy additional benefits, including higher interest rates on their Recurring Deposit accounts. To know more about the specific rates, you can check the interest rates page on our website.

Delightful Deposits are special Recurring Deposit plans in collaboration with partners like Croma, MakeMyTrip, Tanishq, and Thomas Cook. To open a Delightful Deposit, you can use Internet Banking, iMobile, visit any ICICI Bank branch, or contact Customer Care.

Yes, Tax Deducted at Source (TDS) is applicable on the interest earned from Recurring Deposits. If your total interest exceeds Rs. 40,000 in a financial year, TDS will be deducted. Make sure to provide your PAN details to avoid higher tax deductions.

Yes, you can easily track your Recurring Deposit investments using ICICI Bank’s Internet Banking and iMobile services. You will also receive updates on your account summary and statements.

ICICI Bank allows you to open a Recurring Deposit for a minimum of 6 months and a maximum of 10 years. The tenure can be chosen in multiples of 3 months.

A nomination facility is available for Recurring Deposits, allowing you to assign a nominee for the funds in case of your absence. You can also change the nominee by submitting a request at any ICICI Bank branch.