Icici Fixed Deposit

Icici Fixed Deposit

Icici Fixed Deposit Calculator
Icici Fixed Deposit Interest Calculator
Fixed Deposit Monthly Income Option ICICI Bank FD Income offers regular monthly income, for your choice of tenure with an option of receiving some amount as lump sum. A simple Fixed Deposit (FD) plan, which offers fixed regular monthly income in future by investing a lump sum amount today. ICICI Bank has the right product for you. ICICI Flexi Fixed Deposit Scheme. ICICI Flexi Fixed Deposit Scheme enables the saving and current account holders to open FD in the bank. Eligibility required to open flexi fixed FD in the bank: One must fulfill below-given eligibility to open the FD-Individual residents can open this FD singly or jointly.
New Fixed Deposit Rates from ICICI Bank. The fixed deposit interest rates of ICICI Bank have been revised. The private sector lender offers fixed deposits with maturity periods ranging from 7 days to 10 years. Senior citizens will continue to get 50 bps higher interest rates than others. The last revision was done by the bank on 20 September 2019. 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. Wide range of tenures - ICICI Bank offers a variety of tenures on its Fixed Deposits. The tenures range from just 7 days to 10 years. There are a variety of other tenures between these two extremes. For example, you can choose a tenure between 121 days to 184 days or even 1 year to 389 days and so on.
Table of Contents

1 About ICICI Home Finance Company Fixed Deposit1.1 Important features and advantages of ICICI HFC fixed deposit

About ICICI Home Finance Company Fixed DepositICICI 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 depositICICI 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 CalculatorPremature withdrawal is not allowed for the initial three months.
In case of event of premature withdrawal, you have to follow the below term and conditions:

1 About ICICI Home Finance Company Fixed Deposit1.1 Important features and advantages of ICICI HFC fixed deposit
About ICICI Home Finance Company Fixed DepositICICI 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 depositICICI 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 CalculatorPremature withdrawal is not allowed for the initial three months.
In case of event of premature withdrawal, you have to follow the below term and conditions:
Premature WithdrawalRate of interest payable
After 3 months but before 6 monthsFor 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 months2% lower than the minimum rate at which public deposits are accepted by ICICI HFC
After 12 months but before the date of maturity1% 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 Interest CalculatorDurationNon cumulative SchemeCumulative SchemeExtra BenfitsWho Can Invest?
YearlyHalf-yearlyQuarterlyMonthlyInterest
12 Months8.20% p.a.--7.95% p.a.7.90% p.a.8.20%p.a
15 Months8.20% p.a.--7.95% p.a.7.90% p.a.8.20%p.a
20 Months8.25% p.a.-8.00% p.a.7.95% p.a.8.25% p.a.0.25% extra for senior citizen across all slabsResident Individual, NRI, Trusts, Companies, HUF's, AOP
30 Months8.25% p.a.-8.00% p.a7.95%p.a.8.25% p.a.
35 Months8.25%p.a.-8.00%p.a7.95%p.a.8.25% p.a.
40 Months8.50%p.a.-8.25%p.a.8.20%p.a8.50%p.a.
60 Months8.25%p.a.-8.00%p.a.7.95%p.a.8.25% p.a.

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.

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.