ICICI Bank’s
Singapore Deposits are flexible term deposits at
attractive interest rates. You can opt for a tenure
that ranges from one month to five years and choose
between different currencies. The deposit size is
as low as 5,000 foreign currency units for Singapore
non-residents. What’s more, you get additional
liquidity in the form of loans against deposits.
Benefits
Great
returns: Maximum returns on your deposits.
Click
here for the latest interest rates
Range
of tenures: You can open deposits for tenures
that range from a month to five years
Choice
of currencies: You can take your pick from
US Dollar, British Pound Sterling, Euro, Swiss Franc,
Australian Dollar or Canadian Dollar deposits
Low
entry point: The minimum deposit size is
5,000 foreign currency units for Singapore non-residents,
and USD 100,000 or its equivalent for residents
Auto
renewal facility: You can instruct us to
automatically renew your deposit on maturity when
you get a fixed deposit
Joint
account facility: You can open an account
with a joint holder.
Loan
against deposits*: You can get loans of up
to 90% of the principal amount on your deposits
No
withholding tax: There’s no withholding
tax on the fixed deposit
Fully
repatriable: You can fully repatriate the
maturity proceeds
*Loan facility
is currently not offered for resident Indian individuals
