Government Schemes

National Pension System (NPS) is a voluntary, defined contribution retirement savings system. This retirement scheme is designed to facilitate a regular income post retirement and is based on the unique Permanent Retirement Account Number (PRAN) which is allotted to every individual that applies for the same.

Tax Deducted at Source (TDS) is applicable on the interest amount earned on a quarterly basis for investment in the Senior Citizen Savings Scheme. For exemption, Form 15H has to be submitted at any nearest ICICI bank branch every financial year.

Enjoy tax benefits and experience the advantage of assured returns over the long-term with the Public Provident Fund (PPF) scheme. Backed by the Government of India, PPF is a popular long-term investment option that offers a high degree of safety to your investment capital.

The Bank has received formal authorization/ permission from Central Pension Accounting office (CPAO - New Delhi) for disbursement of Pension along with authorized branches, whereby the individual pensioners could receive their monthly pensions through their ICICI Bank accounts.

The Defence Pension is a pension fund for the three wings of the armed forces and the civilian employees working in Defence establishments, where the Government of India contributes on behalf of the employee with an aim of retirement planning of the Defence personnel.

The Government of India has announced a new scheme called Atal Pension Yojana (APY). Atal Pension Yojana (APY) is a guaranteed pension scheme, designed to provide financial security to people of the unorganised sector after retirement. 

A pension plan that ensures you enjoy financial freedom and live life on your own terms, even after retirement

The Employee Provident Fund (EPF) is a pension fund for the workforce engaged in the organized sector in India. In this case, the corporate contributes on behalf of the employee with an aim of retirement planning of the employee.

Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme as part of the “Beti Bachao, Beti Padhao Yojana” for the benefit of the girl child. Parents can open up to two such accounts for girls (they cannot open a third/fourth account, etc.