ICICI Bank is India’s largest private sector bank with total assets of Rs. 5,367.95 billion (US$ 99 billion) at March 31, 2013 and profit after tax Rs. 83.25 billion (US$ 1,533 million) for the year ended March 31, 2013. The Bank has a network of 3,384 branches and 11,063 ATMs in India, and has a presence in 19 countries, including India.

ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in the areas of investment banking, life and non-life insurance, venture capital and asset management.

The Bank currently has subsidiaries in the United Kingdom, Russia and Canada, branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance Centre and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Indonesia. Our UK subsidiary has established branches in Belgium and Germany.

ICICI Bank’s equity shares are listed in India on Bombay Stock Exchange and the National Stock Exchange of India Limited and its American Depositary Receipts (ADRs) are listed on the New York Stock Exchange (NYSE).

Term Deposits (Fixed Deposit and Recurring Deposit)*

For Domestic deposits Below Rs. One Crore

Maturity PeriodRates of Interest (% p.a.) w.e.f August 16, 2013
For deposit less than Rs. 1 crore
GeneralSenior Citizen **
7 days to 14 days4.55
15 days to 29 days4.755.25
30 days to 45 days5.56
46 days to 60 days77.5
61 days to 289 days7.758.25
290 days to less than 1 year7.758.25
1 year to 389 days88.5
390 days to 2 years99.5
2 years 1 day upto 5 years8.759.5
5 years 1 day upto 10 years8.59.25
Tax Saver FD 80C (5 year) – Upto Rs. 1 lac8.759.5

*Subject to revision without further notice.
Premature withdrawal of Deposit:
On pre-mature withdrawal of the deposit:
– interest will be calculated at the rate applicable for the period the deposit has actually remained with ICICI Bank.
 – penalty will be levied on the rate applicable as per the table below

Original Tenure of DepositPenal Rates*
Less than Rs. 5.0 CroreRs. 5.0 Crore & above
Less than 1 year0.50%0.50%
1 year & above but less than 5 years1.00%1.00%
5 years and above1.00%1.50%

*Subject to revision without further notice.
Note: – That Interest earned on the Fixed Deposit will be subject to Tax Deducted at Source as per Income Tax laws.
– That the minimum tenure for 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.
– For interest rates on Fixed Deposits for Rs. 1 Cr and above, please contact your relationship manager or nearest ICICI Bank branch
Recurring Deposit rates:

Rates of Interest (% p.a.) w.e.f August 16, 2013
Maturity PeriodGeneralSenior Citizen**
6 months7.758.25
9 months7.758.25
12 months88.5
15 months99.5
18 months99.5
21 months99.5
24 months99.5
27 months8.759.5
30 months8.759.5
33 months8.759.5
3 years to 5 years8.759.5
Above 5 years upto 10 years8.59.25

Note : 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.

Penalty on Delayed Installment:
– Penalty is charged at monthly interest at the rate of Rs.12 per Rs.1000 for all delayed installments.
– Fraction of a month will be treated as full month for the purpose of calculating such interest.
– The total interest so chargeable shall be recovered from the total amount of interest payable at the time of maturity.
**Eligibility and Age proof for Senior Citizens :
A. Eligibility Criteria: A person who has completed the age of 60 years may be treated as a senior citizen for getting the benefit under the special deposit scheme for senior citizens.
B. Verification of Age: Customers are requested to provide any of the below mentioned documents on completion of age 60 at nearest ICICI Bank Branch so that any future term deposits created under the same Customer id will enjoy the benefit Senior Citizen rates of interest : 
1. Passport
2. PAN Card
3. Voters Identity Card
4. Senior Citizen Card issued by State / Central Government
5. Driving Licence issued by regional transport authority
6.Secondary School Leaving Certificate indicating date of Birth
7. Date of Birth Certificate
8. Life Insurance Policy
9. Pension Payment Order / Passbook / Card issued by State / Central Government of India
10. Photo ID issued by PSUs to retired persons
*Subject to revision without further notice.
Please note that Interest earned on the Fixed Deposit will be subject to Tax Deducted at Source as per Income Tax laws.


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