Interest Rates

Deposit Accounts
NATURE
RATE OF INTEREST#
 MINIMUM BALANCE*
 
NORMAL
SENIOR CITIZEN
 Metro Urban Semi Urban Rural
ACCOUNT            
1. Savings Bank A/c
A. Domestic
4.00 %
4.00 %
       
a. With cheque book facility
-
-
 Rs.10,000 Rs.10,000 Rs.5,000 Rs.2,000
b. Without cheque book facility
-
-
 Not available Not available Not available Not available
c. No Frills Account/ Basic Savings Bank Account
-
-
 Zero Zero Zero Zero
B. Non Resident (Savings account)
       
a. NRO
4.00 %
4.00 %
 15000 15000 15000 5000
b. NRE
4.00 %
4.00 %
 15000 15000 15000 5000
# Interest Rate revised from 3.50% p.a to 4.00% p.a   w.e.f. May 3, 2011
 

2. Term Deposits (Fixed Deposit and Recurring Deposit)*

For Domestic deposits Below Rs. One Crore
Click here to open a FD
Maturity Period
Rates of Interest (% p.a.) w.e.f January 26, 2013
For deposit less than Rs. 1 crore
General Senior Citizen **
7 days to 14 days 4.50 5.00
15 days to 29 days 4.75 5.25
30 days to 45 days 5.50 6.00
46 days to 60 days 6.25 6.75
61 days to 289 days 7.00 7.50
290 days to less than 1 year 7.25 7.75
1 year to 389 days 7.50 8.00
390 days to less than 2 years 9.00 9.50
2 years to less than 5 years 8.75 9.50
5 years upto 10 years 8.50 9.25
Tax Saver FD 80C (5 year) – Upto Rs. 1 lac 8.50 9.25
*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 Deposit Penal Rates*
Less than Rs. 5.0 Crore
Rs. 5.0 Crore & above
Less than 1 year
0.50%
0.50%
1 year & above but less than 5 years
1.00%
1.00%
5 years and above
1.00%
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          - That the minimum tenure for term deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.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 January 26, 2013
Maturity Period
General
Senior Citizen**
6 months 7.00 7.50
9 months 7.00 7.50
12 months 7.50 8.00
15 months 9.00 9.50
18 months 9.00 9.50
21 months 9.00 9.50
24 months 8.75 9.50
27 months 8.75 9.50
30 months 8.75 9.50
33 months 8.75 9.50
3 years to less than 5 years 8.75 9.50
5 years upto 10 years 8.50 9.25
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.

Premature withdrawal of Recurring Deposit (Click Here)

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.
B. Non-Resident Accounts *
a. NRO Term Deposits
Rates of Interest (% p.a.) w.e.f January 26, 2013
Tenure
Less than Rs.10.0 Million
7 days to 14 days 4.50
15 days to 29 days 4.75
30 days to 45 days 5.50
46 days to 60 days 6.25
61 days to 289 days 7.00
290 days to less than 1 year 7.25
1 year to 389 days 7.50
390 days to less than 2 years 9.00
2 years to less than 5 years 8.75
5 years upto 10 years 8.50
5 Years (80C FD) - upto INR 1 lakh 8.50
**Subject to revision without further notice.
Please note that the minimum tenure for NRO term deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days.
NRO Recurring Deposits can be accepted for a minimum tenure of 6 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years.
The additional rate of interest of 0.5% p.a. payable on fixed deposits to senior citizens does not apply to NRE and NRO Fixed Deposits.
In case of NRO fixed deposits with monthly payouts, the interest will be paid at a discounted rate.
For deposit rates of Rs 10.0 million and above, please contact your nearest branch or call our customer care numbers.
Premature withdrawal of Deposit applicable to NRO fixed deposits and recurring deposits:
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 less penalty (For penal rates, refer table below)
Please note 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.
Penalty on Delayed Installment for NRO recurring deposits : 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.
## Penalty on Pre-mature withdrawal would be applicable as below :
Original Tenure of Deposit Penal Rates ##
Less than Rs. 5.0 Crore
Rs. 5.0 Crore & above
Less than 1 year
0.50%
0.50%
1 year & above but less than 5 years
1.00%
1.00%
5 years and above
1.00%
1.50%
 

b. Interest rates on NRE Term Deposits ( percent per annum)

Interest rates (percent per annum) with effect from January 26, 2013.

Less than Rs 10.0 Million

Maturity Period
Interest Rate
Yield till end of slab *
1 year to 389 days
7.50
7.71
390 days to less than 2 years
9.00
9.74
2 years to less than 5 years
8.75
10.83
5 years upto 10 years
8.50
13.19

*Percentage Per Annum after quarterly compounding. Nearest completed year considered for end of slab

Note:
1. In case of premature withdrawals:

  • Before completion of 1 year: No interest will be payable
  • After completion of 1 year: 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 plus applicable penalty as below:

Original Tenure of Deposit

Penal Rates

Less than Rs. 5.0 Crore

Rs. 5.0 Crore & above

1 year & above but less than 5 years
1.00%
1.00%
5 years and above
1.00%
1.50%
Penalty on Delayed Installment for NRE recurring deposits :
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.

2. NRE fixed deposits can be accepted for a minimum period of one year and a maximum period of ten years.
3. NRE Recurring Deposits can be accepted for a minimum tenure of 12 months (and in multiples of 3 months thereafter) up to a maximum tenure of 10 years.
4. The additional rate of interest of 0.5% p.a. payable on fixed deposits to senior citizens does not apply to NRE and NRO Fixed Deposits.
5. For deposit rates of Rs 10.0 million and above, please contact your nearest branch or call our customer care numbers
6. In case of NRE fixed deposits with monthly payouts, the interest will be paid at a discounted rate.

 

c. FCNR (B) Interest rates with effect from June 01, 2013
Maturity Period USD GBP EUR JPY CAD AUD
i) 1 year & above but < 2 years 2.69 2.88 2.39 2.44 3.79 5.34
ii) 2 years & above but < 3 years 2.45 2.68 2.43 2.29 3.43 4.74
iii) 3 years & above but < 4 years 2.64 2.78 2.57 2.36 3.55 4.93
iv) 4 years & above but < 5 years 2.90 2.96 2.74 2.43 3.70 5.16
v) For 5 years 3.16 3.15 2.93 2.54 3.85 5.32

Note:
1. FCNR(B) deposits can be accepted for a minimum period of one year and maximum for a period of five years

2. In case of premature withdrawals:

  • Before completion of 1 year: No interest will be payable
  • After completion of 1 year : No penalty will be levied in case of premature closure of FCNR deposits booked/renewed on or after June 1, 2013. Interest shall be paid at the applicable rate for the period the deposit remained with the Bank. .
 
CHARGES (Domestic Customers)
2. Credit Cards
  Instant Platinum/ Instant Gold/ Fixed Deposit Instant ICICI Bank EMI Credit Card All Other Cards
Interest charges p.a. on extended credit and cash advances
 23.88% 17.88% / 23.88% 40.80%
Fee Based Services            
1. Lockers            
Type
of Locker		 Metro / Urban/ Semi Urban Rural
  1 yr. 2 yrs. 3 yrs. 1 yr. 2 yrs. 3 yrs.
 
Locker rates vary for different branches, hence customers are requested to get in touch with respective branch
       Cards
 
Type Joining Fee Annual Fee Finance Charges for both revolving credit and cash advances Cash Advance Charges Late Payment Charges

Corporate Card Gold Individual Liability

 Nil Nil 3.40% Monthly 2.5% Monthly subject to a minimum of Rs 300. 30% of Minimum Amount Due (subject to min of Rs 400 and maximum of Rs 600)
Corporate Card Silver Individual Liability Nil Nil 3.40% Monthly 2.5% Monthly subject to a minimum of Rs 300. 30% of Minimum Amount Due (subject to min of Rs 400 and maximum of Rs 600)
Corporate Card Platinum Individual Liability Nil Rs.999+ Service Tax 3.15% Monthly 2.5% Monthly subject to a minimum of Rs 300. 30% of Minimum Amount Due (subject to min of Rs 400 and maximum of Rs 600)
Corporate Card Gold Joint & Several or Sole Liability Nil Nil No Revolving Credit Facility. Cash Advance: 2.5% Monthly 2.5% Monthly subject to a minimum of Rs 300. 3% of the overdue amount (subject to a minimum of Rs 400)
Corporate Card Silver Joint & Several or Sole Liability Nil Nil No Revolving Credit Facility. Cash Advance: 2.5% Monthly 2.5% Monthly subject to a minimum of Rs 300. 3% of the overdue amount (subject to a minimum of Rs 400)
Corporate Card Platinum Joint & Several or Sole Liability Nil Rs.999+ Service Tax No Revolving Credit Facility. Cash Advance: 2.5% Monthly 1% Monthly subject to a minimum of Rs 100. 3% of the overdue amount (subject to a minimum of Rs 400)
Purchase Card Joining Fee Nil No Revolving Credit Facility. Cash Advance: 2.5% Monthly No Cash Advance 3% of the overdue amount (subject to a minimum of Rs 400)
Corporate Card Gold Insurance Premium Rs.100 + Service Tax Nil No Revolving Credit Facility. Cash Advance: Not Applicable No Cash Advance 3% of the overdue amount (subject to a minimum of Rs 400)
3. Debit Cards Annual Fees – Rs.99 per annum     
   
4. Drafts       
4a. Demand Drafts  
Issue Rs.50 per D.D. up to Rs.10,000;Rs.3 per thousand rupees or part thereof for DD of more than Rs.10,000, subject to a minimum of Rs.75 and maximum of Rs. 15,000
Issue - By deposit of cash Rs.4 per thousand rupees or part thereof, subject to a minimum of Rs.100 and maximum of Rs. 15000
Duplicate/Revalidation/Cancellation Rs.100 per DD
4b. Pay Order       
Issue Rs.75 for PO of up to Rs.10,000, For PO above Rs.10,000 Rs.2.50 per thousand rupees or part thereof, subject to a minimum of Rs.75 and maximum of Rs.15000
Issue - By deposit of cash Rs.150 per PO for amounts up to Rs.50,000, For PO above Rs. 50,000 Rs.4 per thousand rupees or part thereof, subject to a minimum of Rs.150 and maximum of Rs.15000
Duplicate/Revalidation/Cancellation Rs.100 per DD
5. Outstation cheque
collection		       
Through ICICI Bank Upto Rs. 5,000 – Rs. 25 per instrument. Rs. 5,001 to Rs. 10,000 – Rs. 50 per instrument. Rs. 10,001 to Rs. 1 lakh – Rs 100 per instrument. Above Rs. 1 lakh - Rs. 200 per instrument
Through Non-ICICI banks Upto Rs. 5,000 – Rs. 25 per instrument. Rs. 5,001 to Rs. 10,000 – Rs. 50 per instrument. Rs. 10,001 to Rs. 1 lakh – Rs 100 per instrument. Above Rs. 1 lakh - Rs. 200 per instrument
Speed clearing charges Upto Rs 1 Lakh Nil; above Rs 1 Lakh Rs 150/- per instrument
6. NEFT Money Transfer  
Inward Nil
Outward W.e.f. August 1, 2012
Upto Rs.10,000 – Rs. 2.50 per transaction.
Rs.10.001 to Rs.1 lakh – Rs. 5 per transaction.
Above Rs. 1 lakh to Rs. 2 lakhs – Rs.15 per transaction.
Above Rs. 2 lakhs – Rs.25 per transaction.
7. RTGS Money Transfer  
Inward Nil
Outward Rs. 2 lakhs to Rs.5 lakhs – Rs. 25 per transaction. Rs. 5 lakhs and above – Rs. 50 per transaction
8. Cheque return charges  
Local  
Inward Rs.350 for one cheque return per month; Thereafter, Rs.750 per return in the same month for financial reasons. Rs.50 for non-financial reasons except for signature verification
Outward Rs.100 for every cheque return for financial reasons.
Outstation  
Inward Nil
Outward Rs.150 plus other bank charges at actuals per cheque.
9. Cheque Book Issue Nil for 30 payable-at-par cheque leaves in a quarter;Rs. 30 for every additional cheque book of 15 leaves
10. No Dues Certificate Nil
* This applies to regular savings accounts.For minimum balance requirement and productwise charges of different savings variants like Senior citizen, Privilege, Young star etc pls visit http://www.icicibank.com/pfsuser/webnews/rates&fees.htm
Service tax @ 12.36 % (as per Govt rules) W.e.f. April 1,2012 is applicable over and above charges indicated above. The charges indicated above are subject to periodic revision.
The charges displayed above are not applicable for NRI customers. For details on charges applicable to NRI customers, please click here
 
Loans & Advances - Indicative lending rates updated on July 26, 2012
Retail Loans
 
 
 
Loans & Advances - Indicative lending rates updated on November 4th, 2010
Applicable Rate of Interest Effective from August 25, 2011
Type of credit facility Credit limit (Rs.) Rate of interest (%) (p.a.)
Loan Against Securities Upto Rs.10 lacs
14.00
More than Rs. 10 lacs to Rs. 15 lacs
13.50
More than Rs. 15 lacs to Rs. 20 Lacs
13.25
Notes:-
Specific interest rate applicable to a customer would be dependent on segment, asset category and location.
Stamp duty charges shall be extra as applicable.
Additional documentation charges of Rs.350/- applicable.
ICICI Bank reserves the right to revise the rate of interest and processing fee from time to time, at its sole discretion.
 
Home Loan Interest Rates effective from 4th October 2012