Show Hide
Internet Banking Login Apply Online Get In Touch

Poll         Stay Connected         Safe Banking

Deals & More Rates & Charges
Rates & Charges
 
FD, RD & iWish
General
(390 days - 2 yrs)
7.00% Apply Now
Senior Citizens
(390 days - 2 yrs)
7.50% Apply Now
 
Loans
Home Loan
(Upto 30 lacs)
9.00*% Apply Now
Personal Loan
(Upto 20 lacs)
11.25*% Apply Now

More Rates       Service Charges & Fees 

Tools and Calculators

Gilt Rate Plus Bond 

Earn more* than Government Securities plus Maturity Bonus>

Option of Early Redemption each year

Minimum Application     Rs. 5,000/-
Redemption Period     5 years
Interest (%)** (p.a.)      9.50% for the first  year & 0.50% over the benchmark rate for  subsequent periods
Interest Payable     Annually
Maturity Bonus **     > 5% of the Face Value of the Bond payable on maturity
Early Redemption Option     On May 31 each year starting from May 31, 2001
trong>Earn 9.50%** p.a. for the First year


* 0.50% above the then prevailing yield on GOI-Sec at each reset date subject to a maximum interest rate of 11.95%.

** Subject to TDS as per the then prevailing tax laws.

Terms and conditions


Encash Bond

Withdraw anytime after one year*

10.4%** p.a. for  3 years

OR

9.50%** p.a. for 1 year
Face Value     : Rs. 5,000/-
Redemption period     : 3 years
Minimum Application     : Rs. 5,000/-
Interest payment     :

Year1st2nd3rd
Applicable rate of interest p.a. for respective years (%)** 9.50 10.25 11.75
Annualised YTM for respective years (%)**   9.5 9.9 10.4

 

* Early encashment facility to all individual bondholders, across the counter in any of the Specified Branches of ICICI Bank, any time after the completion of one year from the Deemed Date of Allotment to one month prior to Redemption Date.

** Subject to TDS as per then prevailing tax laws.

Terms and conditions

Tax Saving Bond

Save tax under Section 88. Earn 10.50%** p.a. for 3 years (Option I)

OR

Invest up to Rs.70,000/- and Save tax under Section 88 (Option I & II)

OR

Save Capital Gains Tax u/s 54EA and Earn 10.50%** p.a. (Option III)

OR

Save Capital Gains Tax u/s 54EA with Monthly Income of 10.00%** p.a. (Option IV)

Choose any/all of the following options :

 

OptionIIIIIIIVV
Tax Benefit under Section 88 88 54EA 54EA 54EA
Issue Price (Rs.) 5,000/ 5,000/ 5,000/- 5,000/- 5,000/-
Face  Value (Rs.) 5,000/- 7,025/- 5,000/- 5,000/- 7,025/
Redemption Period 3 years; 3 years 3 years< 3 years 3 years
    3 months     3 months
Interest (%)** (p.a.) 11.00 DDB@ 11.00 10.50 DDB@
    (YTM 11.0%)     (YTM 11.0%)
Interest Payable Annually DDB@ Annually Monthly DDB@
Minimum Application (Rs.) 5,000/- 5,000/- 5,000/- 15,000/- 5,000/-
Yield to Investor (%)** > 21.7 19.9 20*     40*      60*     80* 20*      40*       60*        80* 20*      40*       60*      80*
(Including  Tax  Benefits)      12.9   14.8    17.0  19.3 13.0    15.1     17.3      19.7 2.6    14.2    16.0    17.9

 

*      Percentage of Capital Gains in amount invested (assuming the amount invested is equal to sales consideration of the capital asset sold).

**     Subject to TDS as per the then prevailing tax laws.

@   Tax Saving Bond-Option II and V are in the nature of Deep Discount Bond (DDB), hence no annual interest is payable.

>      In case of Option III, IV and  V it has been assumed that tax on capital gains is 20%. Further, it has been assumed that a         surcharge of 10% of tax is payable in case of all options. 

l      ICICI Bank would ensure full and firm allotment to all valid applicants for the Tax Saving Bond.

Terms and conditions

Regular Income Bond

Monthly Income Plan : Earn 10.10%* p.a. payable monthly for 3 years (Option I)

OR

Earn 10.60%* p.a. for 3 years (Option III)

Choose any/all of the following options:

 

OptionIIIIII
Minimum Application (Rs.) 15,000/- 10,000/- 5,000/
Redemption Period (Years)  3 3 3
Interest*(%) (p.a.) 10.60 10.10 10.30
Interest Payable     Monthly Half-yearly Annually
Yield to Investor (%)*  11.2 11.2 11.3


* Subject to TDS as per the then prevailing tax laws.

  Terms and Conditions

Money Multiplier Bond


Rs. 7,500/- becomes Rs.50,000/-* in 18 years 10 months (Option II)

OR

Rs. 5,000/- becomes Rs. 7000/-* in 3 years 4 months (Option I)

Choose any/all of the following options :

 

Option I 
Invest Rs. 5,000/- and receive Rs. 7,000/-* in 3 years 4 months
Option II
Invest Rs. 7,500/- and receive Rs. 50,000/-*  in 18 years 10 months

 

Annualized Yield to  Investor under various options:

 

OptionIII
Minimum Application 5,000/-   7,500/-
Yield to Investor %)* 10.6 10.6

 

*   Subject to TDS as per the then prevailing tax laws.

Gilt Rate Plus Bond, Encash Bond, Regular Income Bond and Money Multiplier Bond - Preference in allotment, up to 70 percent of the Issue size,after allotment of Tax Saving Bond, for applications for up to a total of 50 Bonds (not including Tax Saving Bond) by Individuals, Minors &Kartas of HUFs.

Gilt Rate Plus Bond, Encash Bond, Regular Income Bond and Money Multiplier Bond - Preference in allotment, up to 67 percent of the balance of the Issue size, after allotment of Tax Saving Bond and perferential allotment as above, for applications by private/public/religious/charitable trusts and any other investor requiring approved security status for making investments.

Terms and conditions