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Recurring Deposits
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Recurring Deposits - Features

  • Encourages savings without stress on your finances.
  • High rates of interest (identical to the fixed deposit rates).
  • Non-applicability of Tax Deduction at Source (TDS).
 
Now successful debit of Recurring Deposit installments will earn rewards points under MySavings Rewards. To know more, click here

Minimum Balance**


The minimum balance of deposit is Rs. 500 per month and thereafter, in multiples of Rs. 100.


Period of Deposit

  • The minimum period is 6 months, and thereafter in multiples of 3 months.

Nomination

  • Nomination facility available for bank deposits.
  • There can be only one Nominee for a deposit account whether held singly or jointly.
  • A person legally empowered to operate a minor's account can file a nomination on behalf of the minor.
  • Applicants can make nomination by filling up the Form prescribed under the Banking Companies (Nomination) Rules 1985.
  • The nomination details can be changed during the subsistence of the account relationship by filling up the Form prescribed under the Banking Companies (Nomination) Rules 1985.
  • For more details approach your bank.

Convenient booking through :

  • ICICI Bank Branch
  • ICICI Bank Internet Banking :

  • ICICI Bank Customer Care :
    • Select language
    • Press "1" for existing customers
    • Press "1" for banking accounts
    • Enter Debit Card & PIN and speak to Phone Banking Officer