Icici Fixed Deposit Interest Rates

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1 day ago  ICICI Bank on Friday reduced home loan interest rate to 6.7 per cent. The revised interest rate, which is the lowest in 10 years by the private sector lender, will be effective from March 5. Tax Saving FD interest rates remain unchanged over the five-year period; Interest rates differ from bank to bank, and rates for Indian citizens, Hindu Undivided Family (HUF) also vary; Tax Saving FDs can be held in a single or a joint mode. If it’s a joint Tax Saving Fixed Deposit.

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 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

Rates

Icici Fixed Deposit Interest Rates For 1 Crore

What
  • 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

Premature 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.
DurationNon 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.

Find Icici Bank NRE FD Interest Rates (as on 06 Mar 2021). The interest rates for below 1 crore and above 1 crore on fixed deposit depend on which category you fall under and your choice between different banks.

Icici Bank offers NRO Fixed deposit interest rates to NRI customers from 1 year to 5 plus years. Find Icici Bank FD interest for NRO customer from below list.

Icici Fixed Deposit Interest Rates

Icici Bank provides different services to its customers some of them are Home loan,Personal loan,Car loan,Two Wheeler loan, Gold loan. You can get Icici Bank IFSC Code,MICR Code, Swift Code for NEFT, RTGF fund transfer.

Icici Bank NRE FD Interest Rates Rs 1 Crore (as on 06 Mar 2021)

RateIcici bank nri fixed deposit interest ratesDisclaimer: The NRE Fixed Deposit Interest Rates keep on changing. You are advised to check the interest rates with banks before making your FD.

How Much Is The Interest Rate For Fixed Deposit In Icici

Source: Bank Websites

Other Banks NRE FD Interest Rates Rs 1 Crore

Disclaimer: The NRE Fixed Deposit Interest Rates keep on changing. You are advised to check the interest rates with banks before making your FD.

Icici Fixed Deposit Interest Rates For Senior Citizens

Source: Bank Websites