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Fixed Deposits
Fixed Deposit
If you are looking for a safe investment option with attractive returns, then our Fixed Deposit is the best for you. ICICI Home Finance's Fixed Deposit is a high-interest FD.
Experience the ICICI Home Finance's Fixed Deposit advantage
Highest Degree of Safety: FAAA/Stable by CRISIL
Highest Degree of Safety: MAAA/Stable by ICRA
Highest Degree of Safety: AAA/Stable by CARE
Interest rates: Among the best in industry
Terms ranging: 1 - 10 years
Why ICICI Home Finance Fixed Deposit is a better option
Deposit tenure - Minimum 12 months
Deposit tenure - Maximum 120 months
Type of rate Fixed
Interest Compounded Annually
Minimum deposit amount
Annual/Cumulative Income Plan - Rs. 10,000
Quartely Income Plan - Rs. 20,000
Monthly Income Plan - Rs. 40,000
Interest payment frequency Monthly, quarterly, annual & cumulative
No. of depositors Minimum 1 & Maximum 3
Credit rating FAAA/Stable by CRISIL, MAAA/Stable by ICRA & AAA/Stable by CARE
Nomination facility Allowed
Premature withdrawal* Allowed subject to terms and conditions
TDS on interest on deposit For Individuals, No tax deduction at source on interest paid/ credited upto Rs.5,000 in a Financial Year
Senior Citizen Additional ROI - 0.25%
Mode of interest payment
Fund Transfer (NEFT / RTGS)
Demand Draft
Direct credit to ICICI Bank account holders
Loan Against Deposit (LAD)
Up to 75% of principal deposit
Terms and conditions apply
Interest on LAD
Charged @ 2% over and above the rate at which deposit is placed
Applied at the same frequency (as applicable to deposit)
Repayment of LAD
Allowed (Repayment allowed twice in a year including interest payment)
LAD in case of Deposit by Minor
Not allowed (LAD is available for individuals & HUFs only)
Premature withdrawal clause on ICICI HFC Fixed Deposit:
As per the Housing Finance Companies (NHB) Directions 2010, no premature withdrawal is allowed for a period of first 3 months from the date of deposit subject to regulatory conditions.
In case of premature withdrawal, the following rates shall apply
Premature Withdrawal*
Rate of interest payable
After 3 months but before 6 months
"Maximum interest payable shall be 4% p.a." for Individual depositors and "No Interest" in case of other category of depositors.
After 6 months but before 12 months
2% lower than the minimum rate at which public deposits are accepted by ICICI Home Finance.
After 12 months but before the date of maturity
1% lower than the interest rate at which ICICI Home Finance Company would have paid had the deposit been accepted for the period for which such deposit has run.
*From the date of deposit
In the event of death of the depositor, premature termination of fixed deposit would be allowed; such premature withdrawal would not attract any penal charges.
For other deposit, premature withdrawal is permitted within 3 months to meet certain expenses of an emergent nature, subject to regulatory conditions.
"For further details please refer to the statutory advertisement English & Marathi published by ICICI Home Finance Company Limited on June 2, 2019 in the Free Press Journal and Navshakti - Mumbai."