This article offers a brief summary of the key aspects of the ICICI Bank’s Recurring Deposit schemes. Since these details are subject to frequent updates, please refer to the bank’s official website for the most current information on features and interest rates.
ICICI – Recurring Deposit Features:
- Initiate a recurring deposit starting from a minimum of ₹500 per month, depositing in multiples of ₹100 thereafter.
- Nominate a single individual to receive proceeds from your account, whether held solely or jointly, by filling the prescribed form under the Banking Companies (Nomination Rules), 1985.
- For more information, visit the nearest ICICI Bank branch.
- Make deposits for at least six months, then increase your investment tenure in multiples of three months.
- The maximum tenure for this recurring deposit is 10 years. You can also leverage your deposit to secure a loan.
- Enjoy interest income at attractive rates, identical to the rates offered on our fixed deposits.
How to invest?
Click here to invest in the ICICI Bank’s Recurring Deposit schemes.
Note: The information presented here is sourced from publicly available data. We cannot be held responsible for any inaccuracies in the details. For the most current and accurate information, please visit the official website of the respective bank/institution.