ICICI Bank Fixed Deposit can be opened for periods ranging from 15 days to 10 years.
All ICICI Bank 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.
Fixed Deposits at ICICI Bank comes with nomination facility. ICICI Bank offers online access to your Fixed Deposits through their Internet Banking channel.
In ICICI Bank 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.
Benefits with ICICI Bank Fixed Deposits,
- A wide range of tenures, ranging from 15 days to 10 years, to suit your investment plan.
- Partial withdrawal is permitted in units of Rs 1,000. The balance amount earns the original rate of interest.
- Safe custody of your fixed deposit receipts.
- Auto renewal is provided.
- Loan facility is available upto 90% of principal and accrued interest.
- Choice of two investment plans: Traditional or Reinvestment.






