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IMD Redemption Service
 

At ICICI Bank, we are committed to provide you with the best Products and Services, each enhancing your banking experience. In continuation with the same, we are extending to you a collection facility for your India Millennium Deposits (IMDs). IMDs are maturing on 29th December 2005 and the applications for redeeming them will be accepted by the issuer only till 30th October 2005. We will be glad to assist you for the same.

Advantages of our IMD Redemption Service

• Wide Range of Investment Options

You can invest in a variety of products which include our traditional NRI Deposits, International Deposits, Mutual Funds, Insurance and also Structured Products offered out of ICICI Bank Singapore.

• Same Day Value Credit**
This special facility ensures that you do not lose a single day's interest for investments in FCNR (B) deposits.

• Free Collection Services for NRIs
Our representatives will collect the payment on your behalf and invest as per instructions.

• Free Personal Accident Insurance
You are entitled to a free* worldwide Personal Accident Insurance cover** worth INR 400,000 valid for one year.



 
 
Comparison Existing Bank's NRI Services ICICI Bank's NRI Services
Deposit Products NRE, NRO, FCNR
NRE, NRO, FCNR, International Deposits, Rupee Plus Plan
Investment Products ---------
Interest rate based, Exchange rate based Structured Products, Mutual Funds, Insurance etc.
Network Connected to 1 branch only
Connected to over 630 branches and over 2000 ATMs in India
Multi Channel Access Restricted access to your money
Easy access to your money through Phone Banking and Internet Banking
Family Banking
Family Banking takes care of your needs only
Takes care of your needs as well as your family's needs through Mandate Card & Cheque Book Facility
Beyond Banking Ordinary Banking
Mutual Funds, Insurance, Online Share Trading, Home Loans and more