Fixed Deposit
About Fixed Deposit
Fixed Deposits are one of the oldest and most common methods of investing. When it comes to assured returns, choosing the right type of savings scheme makes all the difference. Fixed Deposits let you make the most of value-added benefits as you create wealth at low risk. Fixed Deposits in companies that earn a fixed rate of return over a period of time are called Company Fixed Deposits.
Types of Companies offering Fixed Deposit
- Financial Institutions
- Non-Banking Finance Companies (NBFCs).
- Manufacturing Companies
- Housing Finance Companies
- Government Companies
Features and Benefits of Fixed Deposit
- Safety of your funds with the trust of ICICI Bank
- Assured returns on your FD investment
- Designed for convenience – Invest anytime, anywhere. Invest in an FD online using our iMobile Pay app or Internet Banking. For personal assistance we have branches, ATMs or Customer Care
- Instant liquidity – Need urgent funds for emergencies? Get an Overdraft against your FD or opt for partial FD withdrawal. You can also opt for premature withdrawal of your Fixed Deposit for instant liquidity of your funds
- Minimum Balance - You can avail ICICI Bank Fixed Deposits for a minimum deposit of Rs 10,000
- Loan against FD - Avail a loan of up to 90% of the principal and accrued interest. Loan against a Fixed Deposit is given to the depositors at the discretion of the Bank
- Flexible tenures at competitive FD rates. FD Investment starts with as low as just Rs 10,000 across flexible tenures to suit your needs from seven (7) days to up to ten (10) years.