Friday, October 16, 2009

Fixed Deposit
Wide range of tenures
Choice of investment plans
Partial withdrawal permitted
Safe custody of fixed deposit receipts
Auto renewal possible
Loan facility available
Features

You can deposit any amount of money in our Fixed Deposit for as long as you wish between 15 days to 10 years.

All fixed deposits come with a set choice of investment plans. Fixed Rate Deposit accounts also provide Fixed Loans. Re-investment Fixed Deposit rates do not change but work like a Recurring Debit Account transaction. In other words, Re-investment Plans are compounded over traditional deposits and hence are more lucrative over different time periods.

Benefits

Fixed Deposits at ICICI Bank comes with nomination facility. We also offer online access to your Fixed Deposits through our Internet Banking channel. Internet Banking at ICICI Bank allows you to connect your Credit Card, Loan and your Fixed Deposit with your savings account.

In re-investment deposits, the interest is compounded quarterly and reinvested with the principal.

Traditional term deposits provide tax shelter and shield you from factors affecting fixed deposits in India over longer periods of fixed time.

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