Croma Offers - Croma Delightful Deposit

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We all yearn to buy or upgrade to a smart TV, a convertible refrigerator, a high-end gaming laptop, or an energy efficient invertor AC for our homes. Well, now is the perfect opportunity to buy all that you’ve been planning to by saving for it systematically through the Croma Delightful Deposit. Reap the benefits of getting up to 2 months’ additional benefit, as an offer from Croma and ICICI Bank


How it works

  • Open a Croma Delightful Deposit for a minimum monthly instalment of Rs 5,000 and in multiples of Rs 1,000 (thereon) for either 6 months or 12 months with the instruction to transfer the proceeds to the Croma Gift Voucher on maturity
  • Earn interest on the Recurring Deposit (RD), up to 6.75 % per annum*
  • On maturity, the proceeds of your RD maturity (principal + interest) and additional benefit from Croma as per Table 1/ Table 2 mentioned below will be transferred to a Croma Gift Voucher as per your instructions
  • Present the Croma Gift Voucher at any Croma outlet or use it online at www.croma.com to purchase the electronic appliances of your choice.**

Here is a simple illustration of how this deposit plan works:

 

For categories of home and entertainment domestic electronic appliances (excludes computers, tablets, mobile phones, laptops and accessories):

 

Illustrative calculation – Table 1

 

Monthly RD instalment (Rs)Principal deposit amount (Rs)ICICI Bank interest* (Rs)Croma benefit (Rs)Total fixed benefit amount*** (Rs)Total Gift Voucher amount (Rs)
Tenure: 12 months
5,000 60,000 2,226 7,774 10,000 70,000
10,000 1,20,000 4,453 15,547 20,000 140,000
Tenure: 6 months
5,000 30,000 527 2,473 3,000 33,000
10,000 60,000 1,053 4,947 6,000 66,000

 

For all categories of purchase:

For all categories of purchase:

 

Illustrative calculation – Table 2

Illustrative calculation – Table 2

 

Monthly RD instalment (Rs)Principal deposit amount (Rs)ICICI Bank interest* (Rs)Croma benefit (Rs)Total fixed benefit amount*** (Rs)Total Gift Voucher amount (Rs)
Tenure: 12 months
5,000 60,000 2,226 2,774 5,000 65,000
10,000 1,20,000 4,453 5,547 10,000 130,000
Tenure: 6 months
5,000 30,000 527 973 1,500 31,500
10,000 60,000 1,053 1,947 3,000 63,000

 

***The total fixed benefit amount remains unchanged irrespective of change in RD interest rate.


How to apply?

 

Existing ICICI Bank customers can open the Croma Delightful Deposit in any of these three simple ways:

 

 

1. Online: Apply online now. Log into Internet Banking > ‘My Shortcuts’, click on ‘Open a Fixed Deposit/ Recurring Deposit’ > Under ’Delightful Deposits’, click on ‘Open’.

 

iMobile 2. iMobile app: Log into iMobile app > ‘Accounts & Deposits’ > Deposits > Open RD > Select ‘Delightful’ tab on the top-right corner, fill in the details and click on ‘Submit’ to open your Croma Delightful Deposit. Currently available on Android only.

 

3. On Phone: Call our Customer Care

 

If you do not have an ICICI Bank Savings Account, click here to get started or SMS EDGE CRO to 5676766 to get a callback on savings product details.

 

*Interest rates are subject to change. Senior citizens are eligible for 0.5 % additional interest rate.

 

**The total Gift Voucher amount for purchases of mobile phones, tablets, computers, laptops and accessories as illustrated in Table 2 is different from that of other categories of home and electronic appliances as illustrated in Table 1.

 

The Gift Voucher is valid for one year from the time of maturity.

 

Terms and Conditions of ICICI Bank and third parties apply. ICICI Bank is not responsible for third party products, goods, services and offers. Premature withdrawal of funds will be permitted, with applicable foreclosure charges.

 

Offer for six-month tenure can be availed of once by the customer during the year under a single Customer ID/ Savings Account.

 

No minimum transaction amount and no clubbing of the existing offer with other offers/schemes /promotions.

 

Disclaimer: The numbers and data used for the above calculation are for illustrative purposes only. Original numbers may vary.

 

GET IN TOUCH WITH US

If you do not have a Savings account or wish to get a callback for product details, fill the form below: