-
Notifications
You must be signed in to change notification settings - Fork 2
/
intrest_rates.php
858 lines (856 loc) · 26.3 KB
/
intrest_rates.php
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
251
252
253
254
255
256
257
258
259
260
261
262
263
264
265
266
267
268
269
270
271
272
273
274
275
276
277
278
279
280
281
282
283
284
285
286
287
288
289
290
291
292
293
294
295
296
297
298
299
300
301
302
303
304
305
306
307
308
309
310
311
312
313
314
315
316
317
318
319
320
321
322
323
324
325
326
327
328
329
330
331
332
333
334
335
336
337
338
339
340
341
342
343
344
345
346
347
348
349
350
351
352
353
354
355
356
357
358
359
360
361
362
363
364
365
366
367
368
369
370
371
372
373
374
375
376
377
378
379
380
381
382
383
384
385
386
387
388
389
390
391
392
393
394
395
396
397
398
399
400
401
402
403
404
405
406
407
408
409
410
411
412
413
414
415
416
417
418
419
420
421
422
423
424
425
426
427
428
429
430
431
432
433
434
435
436
437
438
439
440
441
442
443
444
445
446
447
448
449
450
451
452
453
454
455
456
457
458
459
460
461
462
463
464
465
466
467
468
469
470
471
472
473
474
475
476
477
478
479
480
481
482
483
484
485
486
487
488
489
490
491
492
493
494
495
496
497
498
499
500
501
502
503
504
505
506
507
508
509
510
511
512
513
514
515
516
517
518
519
520
521
522
523
524
525
526
527
528
529
530
531
532
533
534
535
536
537
538
539
540
541
542
543
544
545
546
547
548
549
550
551
552
553
554
555
556
557
558
559
560
561
562
563
564
565
566
567
568
569
570
571
572
573
574
575
576
577
578
579
580
581
582
583
584
585
586
587
588
589
590
591
592
593
594
595
596
597
598
599
600
601
602
603
604
605
606
607
608
609
610
611
612
613
614
615
616
617
618
619
620
621
622
623
624
625
626
627
628
629
630
631
632
633
634
635
636
637
638
639
640
641
642
643
644
645
646
647
648
649
650
651
652
653
654
655
656
657
658
659
660
661
662
663
664
665
666
667
668
669
670
671
672
673
674
675
676
677
678
679
680
681
682
683
684
685
686
687
688
689
690
691
692
693
694
695
696
697
698
699
700
701
702
703
704
705
706
707
708
709
710
711
712
713
714
715
716
717
718
719
720
721
722
723
724
725
726
727
728
729
730
731
732
733
734
735
736
737
738
739
740
741
742
743
744
745
746
747
748
749
750
751
752
753
754
755
756
757
758
759
760
761
762
763
764
765
766
767
768
769
770
771
772
773
774
775
776
777
778
779
780
781
782
783
784
785
786
787
788
789
790
791
792
793
794
795
796
797
798
799
800
801
802
803
804
805
806
807
808
809
810
811
812
813
814
815
816
817
818
819
820
821
822
823
824
825
826
827
828
829
830
831
832
833
834
835
836
837
838
839
840
841
842
843
844
845
846
847
848
849
850
851
852
853
854
855
856
857
858
<!doctype html>
<html>
<head>
<meta charset="utf-8">
<title>Intrest Rates</title>
</head>
<body>
<h1>Intrest Rates</h1>
<div class="answers-article accordian clearfix close"><a id="savings-account-interest-rate-0" name="savings-account-interest-rate-0" class="accoropen"></a>
<h2>
<span>Savings Account Interest Rate</span><i class="icon-angle-up"></i><i class="icon-angle-down"></i>
</h2>
<hr>
<div class="main-contentz"><div style="background: #053c6d; color: #fff; width: 100%; margin: 2% 0%; padding: 1%;">Domestic and Non Resident (NRE/NRO) Savings Bank Account</div>
<p><strong>How is Savings Account Interest Rates Calculated?</strong></p>
<p> </p>
<p>Savings Bank Account interest will be calculated on the basis of end of day account balance maintained in savings bank account, at the rate of interest as specified by ICICI Bank time to time</p>
<p> </p>
<p>With effective from 19th August 2017, the savings account interest rate applicable would be:</p>
<p> </p>
<p>3.5% for end of day account balance of below ₹50 Lacs</p>
<p> </p>
<p>4% for end of day account balance of ₹ 50 Lacs & above.</p>
<p> </p>
<p>Interest is calculated on a daily basis on the daily closing balance in the Account, at the rate specified by ICICI Bank in accordance with Reserve Bank of India directives. The interest amount calculated is rounded off to the nearest rupee. With effect from March 30, 2016, interest will be paid quarterly in March, June, September and December.</p></div>
</div>
<div class="answers-article accordian clearfix close"><a id="fixed-deposits-with-premature-withdrawal-facility-1" name="fixed-deposits-with-premature-withdrawal-facility-1" class="accoropen"></a>
<h2>
<span>Fixed Deposits (with premature withdrawal facility)</span><i class="icon-angle-up"></i><i class="icon-angle-down"></i>
</h2>
<hr>
<div class="main-contentz"><div><a class="btn inline-btn" href="/Personal-Banking/account-online/fixed-deposit/fixed-deposit.page?">open FD</a></div>
<p> </p>
<h2 style="cursor: default !important;">Interest rates on Domestic, NRO & NRE deposits(Less than ₹ 1 crore)</h2>
<p> </p>
<div class="main-contentz">
<div class="table-container whiteBg">
<table border="0">
<thead>
<tr><th style="width: 42%; text-align: center;" rowspan="2">Tenure Period</th><th colspan="2">Rate of Interest (% p.a.) w.e.f December 11, 2017</th></tr>
<tr><th style="width: 30%; text-align: center;">General</th><th style="width: 30%;">Senior Citizen*</th></tr>
</thead>
<tbody>
<tr>
<td>7 days to 14 days</td>
<td>4.00</td>
<td>4.50</td>
</tr>
<tr>
<td>15 days to 29 days</td>
<td>4.25</td>
<td>4.75</td>
</tr>
<tr>
<td>30 days to 45 days</td>
<td>5.50</td>
<td>6.00</td>
</tr>
<tr>
<td>46 days to 60 days</td>
<td>5.75</td>
<td>6.25</td>
</tr>
<tr>
<td>61 days to 90 days</td>
<td>6.00</td>
<td>6.50</td>
</tr>
<tr>
<td>91 days to 120 days</td>
<td><span>6.00</span></td>
<td><span>6.50</span></td>
</tr>
<tr>
<td>121 days to 184 days</td>
<td><span>6.00</span></td>
<td><span>6.50</span></td>
</tr>
<tr>
<td>185 days to 289 days</td>
<td>6.25</td>
<td>6.75</td>
</tr>
<tr>
<td>290 days to less than 1 year</td>
<td>6.50</td>
<td>7.00</td>
</tr>
<tr>
<td>1 year to 389 days</td>
<td>6.60</td>
<td>7.10</td>
</tr>
<tr>
<td>390 days to 2 years</td>
<td><span>6.75</span></td>
<td>7.25</td>
</tr>
<tr>
<td>2 years 1 day upto 5 years</td>
<td>6.50</td>
<td>7.00</td>
</tr>
<tr>
<td>5 years 1 day upto 10 years</td>
<td>6.50</td>
<td>7.00</td>
</tr>
<tr>
<td>5 Years Tax saver FD(Max upto Rs. 1.50 lac)</td>
<td>6.50</td>
<td>7.00</td>
</tr>
</tbody>
</table>
</div>
</div>
<p> </p>
<p><strong>Note</strong></p>
<ul>
<li>As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD.</li>
<li>Interest earned on the <a href="/Personal-Banking/account-deposit/fixed-deposit/index.page?">Fixed Deposit</a> will be subject to Tax Deducted at Source as per Income Tax laws.</li>
<li>Minimum tenure for Domestic & NRO term deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.</li>
<li>Minimum tenure for NRE term deposits is 1 year and no interest is payable for deposits prematurely withdrawn within the period of 1 year from the date of deposit.</li>
<li>These revised interest rates will be applicable for new deposits and renewal of existing term deposits.</li>
<li>*Senior Citizen rates applicable only for domestic term deposit.</li>
<li>#The maximum aggregate amount that can be invested in the Tax Saver FD (80C FD) under a single PAN is ₹150,000 and the same cannot be closed prematurely before expiry of the lock-in period of 5 years.</li>
<li>ICICI bank staff (including retired staff) will get additional 1% rate of interest on domestic deposit below ₹ 1 Cr.</li>
</ul>
<p> </p>
<h2 style="cursor: default !important;"><a class="faq-id"></a>Interest rates on Domestic, NRO & NRE deposits ( ₹ 1 crore and above )</h2>
<p> </p>
<div class="main-contentz">
<div class="table-container whiteBg">
<table border="0">
<thead>
<tr><th style="text-align: center;">Single Deposit</th><th colspan="5">Rate of Interest (% p.a.) w.e.f January 8, 2018</th></tr>
<tr><th style="width: 198px; text-align: center;">Tenure Period</th><th>₹ 1 crore to less than ₹ 5 crore</th><th>₹ 5 crore to less than ₹ 100 crore</th><th>₹ 100 crore to less than ₹ 250 crore</th><th>₹ 250 crore to less than ₹ 500 crore</th><th>₹ 500 crore & above</th></tr>
</thead>
<tbody>
<tr>
<td>7 days to 14 days</td>
<td>5.25</td>
<td>5.25</td>
<td>5.25</td>
<td><span>5.25</span></td>
<td><span>5.25</span></td>
</tr>
<tr>
<td>15 days to 29 days</td>
<td>5.25</td>
<td>5.25</td>
<td><span>5.25</span></td>
<td><span>5.25</span></td>
<td><span>5.25</span></td>
</tr>
<tr>
<td>30 days to 45 days</td>
<td>5.75</td>
<td>5.75</td>
<td>5.75</td>
<td><span>5.75</span></td>
<td><span>5.75</span></td>
</tr>
<tr>
<td>46 days to 60 days</td>
<td>6.25</td>
<td><span>6.25</span></td>
<td><span>6.25</span></td>
<td><span>6.25</span></td>
<td><span>6.25</span></td>
</tr>
<tr>
<td>61 days to 90 days</td>
<td><span>6.25</span></td>
<td><span>6.25</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
</tr>
<tr>
<td>91 days to 120 days</td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
</tr>
<tr>
<td>121 days to 150 days</td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
</tr>
<tr>
<td>151 days to 184 days</td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
</tr>
<tr>
<td>185 days to 210 days</td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
</tr>
<tr>
<td>211 days to 240 days</td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
</tr>
<tr>
<td>241 days to 270 days</td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
</tr>
<tr>
<td>271 days to 300 days</td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
</tr>
<tr>
<td>301 days to 330 days</td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
</tr>
<tr>
<td>331 days to 364 days</td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
<td><span>6.60</span></td>
</tr>
<tr>
<td>1 Year to 389 days</td>
<td><span>6.70</span></td>
<td><span>6.70</span></td>
<td><span>6.70</span></td>
<td><span>6.70</span></td>
<td><span>6.70</span></td>
</tr>
<tr>
<td>390 days to less than 15 months</td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
</tr>
<tr>
<td>15 months to less than 18 months</td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
</tr>
<tr>
<td>18 months to 2 years</td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
</tr>
<tr>
<td>2 years 1 Day to 3 years</td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td>6.50</td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
</tr>
<tr>
<td>3 years 1 day to 5 years</td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
</tr>
<tr>
<td>5 years 1 day to 7 years</td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
</tr>
<tr>
<td>7 years 1 day to 10 years</td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
<td><span>6.50</span></td>
</tr>
</tbody>
</table>
</div>
</div>
<p><strong>Note:</strong></p>
<ul>
<li>As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD.</li>
<li>Interest earned on the <a href="/Personal-Banking/account-deposit/fixed-deposit/index.page?">Fixed Deposit</a> will be subject to Tax Deducted at Source as per Income Tax laws.</li>
<li>Minimum tenure for Domestic & NRO term deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.</li>
<li>Minimum tenure for NRE term deposits is 1 year and no interest is payable for deposits prematurely withdrawn within the period of 1 year from the date of deposit.</li>
<li>These revised interest rates will be applicable for new deposits and renewal of existing term deposits.</li>
<li>For terms & conditions and any other details, please contact your nearest ICICI Bank Branch.</li>
</ul>
<p> </p>
<h2 style="cursor: default !important;"><a></a>Premature withdrawal of deposit:</h2>
<p> </p>
<p>On pre-mature withdrawal of the DOMESTIC, NRO & NRE deposits:</p>
<ul>
<li>Interest will be calculated at the rate applicable for the period the deposit has actually remained with ICICI Bank.</li>
<li>Penalty will be levied on the rate applicable as per the table below</li>
</ul>
<div class="main-contentz">
<div class="table-container whiteBg">
<table border="0">
<thead>
<tr><th style="width: 214px; text-align: center; padding: 7px 20px 7px 20px;" rowspan="3">Original Tenure of Deposit</th><th colspan="2">Penal Rates*</th></tr>
<tr><th style="width: 206px; text-align: center;">Less than ₹ 5.0 crore</th><th>₹ 5.0 crore & above</th></tr>
</thead>
<tbody>
<tr>
<td>Less than 1 year</td>
<td>0.50%</td>
<td>0.50%</td>
</tr>
<tr>
<td>1 year & above but less than 5 years</td>
<td>1.00%</td>
<td>1.00%</td>
</tr>
<tr>
<td>5 years and above</td>
<td>1.00%</td>
<td>1.50%</td>
</tr>
</tbody>
</table>
</div>
</div>
<p> </p>
<p>*Subject to revision without further notice.</p>
<p> </p>
<div id="_mcePaste" class="mcePaste" style="position: absolute; left: 0px; top: 4975px; width: 1px; height: 1px; overflow: hidden;"> </div></div>
</div>
<div class="answers-article accordian clearfix close"><a id="fixed-deposits-without-premature-withdrawal-facility-2" name="fixed-deposits-without-premature-withdrawal-facility-2" class="accoropen"></a>
<h2>
<span>Fixed Deposits (without premature withdrawal facility)</span><i class="icon-angle-up"></i><i class="icon-angle-down"></i>
</h2>
<hr>
<div class="main-contentz"><p> </p>
<h2 style="cursor: default !important;"><a class="faq-id"></a>Interest rates on Domestic, NRO & NRE deposits ( ₹ 1 crore and above )</h2>
<p> </p>
<div class="main-contentz">
<div class="table-container whiteBg">
<table border="0">
<thead>
<tr><th style="text-align: center;">Single Deposit</th><th colspan="5">Rates of Interest (% p.a.) w.e.f January 8, 2018</th></tr>
<tr><th style="width: 198px; text-align: center;">Tenure Period</th><th>₹ 1 crore to less than ₹ 5 crore</th><th>₹ 5 crore to less than ₹ 100 crore</th><th>₹ 100 crore to less than ₹ 250 crore</th><th>₹ 250 crore to less than ₹ 500 crore</th><th>₹ 500 crore & above</th></tr>
</thead>
<tbody>
<tr>
<td>7 days to 14 days</td>
<td>5.25</td>
<td>5.25</td>
<td>5.25</td>
<td><span>5.25</span></td>
<td><span>5.25</span></td>
</tr>
<tr>
<td>15 days to 29 days</td>
<td>5.25</td>
<td>5.25</td>
<td><span>5.25</span></td>
<td><span>5.25</span></td>
<td><span>5.25</span></td>
</tr>
<tr>
<td>30 days to 45 days</td>
<td>5.75</td>
<td><span>5.75</span></td>
<td><span>5.75</span></td>
<td><span>5.75</span></td>
<td><span>5.75</span></td>
</tr>
<tr>
<td>46 days to 60 days</td>
<td><span>6.25</span></td>
<td><span>6.25</span></td>
<td><span>6.25</span></td>
<td><span>6.25</span></td>
<td><span>6.25</span></td>
</tr>
<tr>
<td>61 days to 90 days</td>
<td><span>6.30</span></td>
<td><span>6.30</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
</tr>
<tr>
<td>91 days to 120 days</td>
<td>6.65</td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
</tr>
<tr>
<td>121 days to 150 days</td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
</tr>
<tr>
<td>151 days to 184 days</td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
</tr>
<tr>
<td>185 days to 210 days</td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
</tr>
<tr>
<td>211 days to 240 days</td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
</tr>
<tr>
<td>241 days to 270 days</td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
</tr>
<tr>
<td>271 days to 300 days</td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
</tr>
<tr>
<td>301 days to 330 days</td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
</tr>
<tr>
<td>331 days to 364 days</td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
<td><span>6.65</span></td>
</tr>
<tr>
<td>1 Year to 389 days</td>
<td>6.80</td>
<td><span>6.80</span></td>
<td><span>6.80</span></td>
<td><span>6.80</span></td>
<td><span>7.20</span></td>
</tr>
<tr>
<td>390 days to less than 15 months</td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
</tr>
<tr>
<td>15 months to less than 18 months</td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
</tr>
<tr>
<td>18 months to 2 years</td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
</tr>
<tr>
<td>2 years 1 Day to 3 years</td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
</tr>
<tr>
<td>3 years 1 day to 5 years</td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
</tr>
<tr>
<td>5 years 1 day to 7 years</td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
</tr>
<tr>
<td>7 years 1 day to 10 years</td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
<td><span>6.55</span></td>
</tr>
</tbody>
</table>
</div>
</div>
<p> </p>
<p><strong>For availing Fixed Deposit without premature closure facility, please contact your relationship manager or visit the nearest branch.</strong></p>
<p> </p>
<p><strong><span>Specific Terms and conditions for deposits without premature withdrawal facility</span></strong></p>
<ul>
<li>These terms and conditions (<strong>"Terms"</strong>) apply to fixed deposits without premature withdrawal facility, opened with ICICI Bank, as per the guidelines prescribed by Reserve Bank of India (RBI) in this regard from time to time (<strong>"Fixed Deposit"</strong>). These Terms shall be in addition to and not in derogation of the terms and conditions governing ICICI Bank Fixed Deposits available on <a href="http://www.icicibank.com/">www.icicibank.com</a> (<strong>"Primary Terms"</strong>). In the event of any contradiction in the Terms and the Primary Terms, these Terms shall prevail.</li>
<li>The Fixed Deposit does not have premature withdrawal facility i.e. the Fixed Deposit cannot be closed by the depositor before expiry of the term of such deposit. However, the Bank may allow premature withdrawal of these deposits in following exceptional circumstances: in the event of any direction from any statutory and/or regulatory authority or deceased claim settlement cases.</li>
<li>In the event of premature withdrawal of these deposits under above mentioned exceptional circumstances, the Bank will not pay any interest on the principal amount of the deposit. Any interest credited or paid upto the date of such premature closure will be recovered from the deposit amount.</li>
<li>Auto renewal facility is not available for such Fixed Deposits at time of opening of the Fixed Deposit account. The customer can give renewal instructions within 30 days before maturity date of such deposit.</li>
<li>Minimum tenure for NRE FD is 1 year and maximum tenure is 10 years.</li>
<li>Minimum tenure for traditional NRO FDs without premature withdrawal facility is 3 months and maximum tenure is 10 years</li>
<li>Minimum tenure for cumulative NRO FDs without premature withdrawal facility is 6 months and maximum tenure is 10 years</li>
<li>Interest rates and minimum deposit value are subject to change without prior notice.</li>
</ul>
<p> </p>
<div id="_mcePaste" class="mcePaste" style="position: absolute; left: 0px; top: 2343px; width: 1px; height: 1px; overflow: hidden;"> </div></div>
</div>
<div class="answers-article accordian clearfix close"><a id="recurring-iwish-deposits-3" name="recurring-iwish-deposits-3" class="accoropen"></a>
<h2>
<span>Recurring / iWish Deposits</span><i class="icon-angle-up"></i><i class="icon-angle-down"></i>
</h2>
<hr>
<div class="main-contentz"><h2>Tenure wise interest rates for Recurring Deposits:</h2>
<p> </p>
<div class="main-contentz">
<div class="table-container whiteBg">
<table border="0">
<thead>
<tr><th style="width: 170px; text-align: center;" rowspan="2">Maturity Period</th><th colspan="2">Rate of Interest (% p.a.) w.e.f December 11, 2017</th></tr>
<tr><th style="width: 180px; text-align: center;">General</th><th style="width: 208px; text-align: center;">Senior Citizen</th></tr>
</thead>
<tbody>
<tr>
<td>6 months</td>
<td>6.00</td>
<td>6.50</td>
</tr>
<tr>
<td>9 months</td>
<td>6.25</td>
<td>6.75</td>
</tr>
<tr>
<td>12 months</td>
<td>6.60</td>
<td>7.10</td>
</tr>
<tr>
<td>15 months</td>
<td><span>6.75</span></td>
<td>7.25</td>
</tr>
<tr>
<td>18 months</td>
<td><span>6.75</span></td>
<td>7.25</td>
</tr>
<tr>
<td>21 months</td>
<td><span>6.75</span></td>
<td>7.25</td>
</tr>
<tr>
<td>24 months</td>
<td><span>6.75</span></td>
<td>7.25</td>
</tr>
<tr>
<td>27 months</td>
<td>6.50</td>
<td>7.00</td>
</tr>
<tr>
<td>30 months</td>
<td>6.50</td>
<td><span>7.00</span></td>
</tr>
<tr>
<td>33 months</td>
<td><span>6.50</span></td>
<td><span>7.00</span></td>
</tr>
<tr>
<td>36 months</td>
<td><span>6.50</span></td>
<td><span>7.00</span></td>
</tr>
<tr>
<td>Above 3 years upto 5 years</td>
<td><span>6.50</span></td>
<td><span>7.00</span></td>
</tr>
<tr>
<td>Above 5 years upto 10 years</td>
<td>6.50</td>
<td>7.00</td>
</tr>
</tbody>
</table>
</div>
</div>
<p> </p>
<p>Note:</p>
<ul>
<li>Recurring Deposits will be available for a minimum tenure of 6 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years.</li>
<li>As interest rates are subject to change without prior notice, depositor shall ascertain the rates on the value date of FD</li>
<li>For terms & conditions and any other details, please contact your nearest ICICI Bank Branch.</li>
</ul>
<h2>Penalty on Delayed Installment:</h2>
<ul>
<li>Penalty is charged at monthly interest at the rate of ₹ 12 per ₹ 1000 for all delayed installments.</li>
<li>Fraction of a month will be treated as full month for the purpose of calculating such interest.</li>
<li>The total interest so chargeable shall be recovered from the total amount of interest payable at the time of maturity. </li>
</ul>
<p> </p>
<h2>Tenure wise interest rates for iWish:</h2>
<p> </p>
<div class="main-contentz">
<div class="table-container">
<table border="0">
<thead>
<tr><th style="width: 160px; text-align: center;" rowspan="2">Tenure / Maturity Period</th><th colspan="2">Rates of Interest<sup>#</sup> (% p.a.) w.e.f December 11, 2017</th></tr>
<tr><th style="width: 230px; text-align: center;">General</th><th>Senior Citizen</th></tr>
</thead>
<tbody>
<tr>
<td>6 months</td>
<td>6.00</td>
<td>6.50</td>
</tr>
<tr>
<td>7 months - 9 months</td>
<td>6.25</td>
<td>6.75</td>
</tr>
<tr>
<td>10 months - 11 months</td>
<td>6.50</td>
<td>7.00</td>
</tr>
<tr>
<td>12 months only</td>
<td>6.60</td>
<td>7.10</td>
</tr>
<tr>
<td>13 months - 24 months</td>
<td>6.75</td>
<td>7.25</td>
</tr>
<tr>
<td>25 months - 3 years</td>
<td>6.50</td>
<td><span>7.00</span></td>
</tr>
<tr>
<td>37 months - 5 years</td>
<td><span>6.50</span></td>
<td><span>7.00</span></td>
</tr>
<tr>
<td>5 years 1 day - 10 years</td>
<td><span>6.50</span></td>
<td>7.00</td>
</tr>
</tbody>
</table>
</div>
</div>
<p> </p>
<div class="greyText">*Subject to revision without further notice.</div>
<p> </p>
<h2><a></a>Premature withdrawal of Deposit:</h2>
<p> </p>
<p>On pre-mature withdrawal of the Recurring / iWish deposits:</p>
<ul>
<li>Interest will be calculated at the rate applicable for the period the deposit has actually remained with ICICI Bank.</li>
<li>Penalty will be levied on the rate applicable as per the table below</li>
</ul>
<div class="main-contentz">
<div class="table-container whiteBg">
<table border="0">
<thead>
<tr><th style="width: 215px; text-align: center;" rowspan="3">Original Tenure of Deposit</th><th colspan="2">Penal Rates*</th></tr>
<tr><th style="width: 206px; text-align: center;">Less than ₹ 5.0 crore</th><th>₹ 5.0 crore & above</th></tr>
</thead>
<tbody>
<tr>
<td>Less than 1 year</td>
<td>0.50%</td>
<td>0.50%</td>
</tr>
<tr>
<td>1 year & above but less than 5 years</td>
<td>1.00%</td>
<td>1.00%</td>
</tr>
<tr>
<td>5 years and above</td>
<td>1.00%</td>
<td>1.50%</td>
</tr>
</tbody>
</table>
</div>
</div>
<p> </p>
<p>*Subject to revision without further notice.</p>
<div id="_mcePaste" class="mcePaste" style="position: absolute; left: 0px; top: 575px; width: 1px; height: 1px; overflow: hidden;"> </div></div>
</div>
<div class="answers-article accordian clearfix close"><a id="nri-deposits-4" name="nri-deposits-4" class="accoropen"></a>
<h2>
<span>NRI Deposits</span><i class="icon-angle-up"></i><i class="icon-angle-down"></i>
</h2>
<hr>
<div class="main-contentz"><ul>
<li>Savings Account
<ul>
<li><a href="/nri-banking/RHStemp/rates.page?">NRE Savings Account</a></li>
<li><a href="/nri-banking/RHStemp/rates.page?">NRO Savings Account</a></li>
<li><a href="/nri-banking/RHStemp/rates.page?">RFC Savings Account</a></li>
</ul>
</li>
<li>Fixed Deposit Accounts
<ul>
<li><a href="/nri-banking/RHStemp/rates.page?">NRE FD / Recurring</a></li>
<li><a href="/nri-banking/RHStemp/rates.page?">NRO FD / Recurring</a></li>
<li><a href="/nri-banking/RHStemp/rates.page?">FCNR FD</a></li>
<li><a href="/nri-banking/RHStemp/rates.page?">RFC FD</a></li>
</ul>
</li>
</ul></div>
</div>
<div class="answers-article accordian clearfix close"><a id="loans-and-advances-5" name="loans-and-advances-5" class="accoropen"></a>
<h2>
<span>Loans and Advances</span><i class="icon-angle-up"></i><i class="icon-angle-down"></i>
</h2>
<hr>
<div class="main-contentz"><p><a href=" /Personal-Banking/loans/two-wheeler-loan/two-wheeler-loan-interest-rate.page?">Two Wheeler Loan Interest Rate</a></p>
<p> </p>
<p><a href=" /Personal-Banking/loans/car-loan/car-loan-interest-rate.page?">Car Loan Interest Rate</a></p>
<p> </p>
<p><a href=" /Personal-Banking/loans/commercial-vehicle/commercial-loan-interest-rate.page?">Commercial Vehicle Loan Interest Rate</a></p>
<p> </p>
<p><a href=" /Personal-Banking/loans/construction-equipment-loan/construction-equipment-loan-interest-rate.page?">Construction Equipment Loan Interest Rate</a></p>
<p> </p>
<p><a href=" /Personal-Banking/loans/personal-loan/personal-loan-interest-rates.page?">Personal Loan Interest Rate</a></p>
<p> </p>
<p><a href=" /Personal-Banking/loans/home-loan/home-loan-interest-rates.page?">Home Loan Interest Rate</a></p></div>
</div>
<div class="answers-article accordian clearfix close"><a id="marginal-cost-of-funds-based-lending-rate-mclr-6" name="marginal-cost-of-funds-based-lending-rate-mclr-6" class="accoropen"></a>
<h2>
<span>Marginal Cost of funds based Lending Rate (MCLR)</span><i class="icon-angle-up"></i><i class="icon-angle-down"></i>
</h2>
<hr>
<div class="main-contentz"><p><strong><span>MCLR effective January 1, 2018:-</span></strong></p>
<p> </p>
<div class="main-contentz">
<div class="table-container whiteBg">
<table border="0">
<tbody>
<tr><th style="width: 335px; text-align: center;">Tenures</th><th>I-MCLR</th></tr>
<tr>
<td>Overnight</td>
<td>7.80%</td>
</tr>
<tr>
<td>One month</td>
<td>7.80%</td>
</tr>
<tr>
<td>Three months</td>
<td>7.85%</td>
</tr>
<tr>
<td>Six months</td>
<td>8.15%</td>
</tr>
<tr>
<td>One year</td>
<td>8.20%</td>
</tr>
</tbody>
</table>
</div>
</div>
<div id="_mcePaste" class="mcePaste" style="position: absolute; left: 0px; top: 225px; width: 1px; height: 1px; overflow: hidden;"> </div></div>
</div>
</div>
</body>
</html>