- Icici Fixed Deposit Interest Rate
- Icici Fixed Deposit Plans
- Icici Fixed Deposit Rates India
- Icici Bank Deposit Slip Download
- Icici Fixed Deposit Calculator
If a senior citizen puts a fixed deposit under HDFC Bank Senior Citizen Care FD, then interest rate applicable to the FD will be 6.25%. These rates are applicable from 13 November 2020. Fixed Deposit Our Fixed Deposit can be opened for periods ranging from 7 days to 10 years. 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. Partial withdrawal is permitted in units of Rs 1,000. Lock in attractive fixed interest rates and eliminate exposure to interest-rate fluctuations. Choose from a wide range of maturities from as short as 3 months to as long as 5 years. The interest paid by ICICI Bank Limited, New York Branch on CDs can be withdrawn at regular intervals at no charge. The minimum deposit amount is $250,000. If a senior citizen puts a fixed deposit, the interest rate applicable to the FD will be 6.25 percent under the special FD scheme. ICICI Bank special FD scheme for senior citizens Close.
Table of Contents
- 1 About ICICI Home Finance Company Fixed Deposit
- 1.1 Important features and advantages of ICICI HFC fixed deposit
About ICICI Home Finance Company Fixed Deposit
Icici Fixed Deposit Interest Rate
ICICI Home Finance Company offers retail fixed deposit to investors. It is one of the safest and most profitable saving scheme for those who are looking for higher returns. ICICI HFC offers higher rate of interest and at the same time flexibility allowing for effective compounding or liquidity depending on a depositor’s financial needs. ICICI fixed deposit is available for different tenure. The different tenure also affect the rate of interest as well. However, these deposits are easy to open and manage.
These fixed deposits are very safe and offer timely fulfillment of financial obligation. The ICICI HFC fixed deposits have given the highest rating of MAAA by ICRA and AAA (FD) by CARE respectively.
Important features and advantages of ICICI HFC fixed deposit
- ICICI HFC has the highest credit rate of AAA (FD) by CARE and MAAA by ICRA
- It offers flexible tenure to choose from 1 year to maximum 5 years
- The fixed deposit interest is compounded on yearly basis
- You can choose from monthly, quarterly or yearly compound interest as per your needs
- The minimum amount to deposit in ICICI HFC fixed deposit depends upon the saving scheme you have opted. However, it varies from minimum Rs. 10,000 to Rs. 40,000
- It offers nomination facility to the depositor
- No tax deduction will be made on interest paid Rs. 5000 in a financial year
- ICICI HFC offers 0.25% higher rate of interest for senior citizens
- It also offers loan facility against the fixed deposit of upto 75%
- Premature withdrawal facility
Icici Fixed Deposit Plans
Premature withdrawal is not allowed for the initial three months.
Icici Fixed Deposit Rates India
In case of event of premature withdrawal, you have to follow the below term and conditions:
Icici Bank Deposit Slip Download
Premature Withdrawal | Rate of interest payable |
---|---|
After 3 months but before 6 months | For individual depositors the maximum interest payable shall be 4% p.a., and no interest in case of other category of depositors. |
After 6 months but before 12 months | 2% lower than the minimum rate at which public deposits are accepted by ICICI HFC |
After 12 months but before the date of maturity | 1% lower than the interest rate at which ICICI HFC would have paid had the deposit been accepted for the period for which such deposit has run. |
Icici Fixed Deposit Calculator
Duration | Non cumulative Scheme | Cumulative Scheme | Extra Benfits | Who Can Invest? | |||
---|---|---|---|---|---|---|---|
Yearly | Half-yearly | Quarterly | Monthly | Interest | |||
12 Months | 8.20% p.a. | -- | 7.95% p.a. | 7.90% p.a. | 8.20%p.a | ||
15 Months | 8.20% p.a. | -- | 7.95% p.a. | 7.90% p.a. | 8.20%p.a | ||
20 Months | 8.25% p.a. | - | 8.00% p.a. | 7.95% p.a. | 8.25% p.a. | 0.25% extra for senior citizen across all slabs | Resident Individual, NRI, Trusts, Companies, HUF's, AOP |
30 Months | 8.25% p.a. | - | 8.00% p.a | 7.95%p.a. | 8.25% p.a. | ||
35 Months | 8.25%p.a. | - | 8.00%p.a | 7.95%p.a. | 8.25% p.a. | ||
40 Months | 8.50%p.a. | - | 8.25%p.a. | 8.20%p.a | 8.50%p.a. | ||
60 Months | 8.25%p.a. | - | 8.00%p.a. | 7.95%p.a. | 8.25% p.a. |