ICICI Home Finance Fixed Deposit Schemes

ICICI_home_finance_Fixed_depositICICI Home Finance Company Limited (“ICICI Home Finance” or “ICICI HFC”) is one of the leaders in the Indian mortgage finance and realty space. The company’s promoter, ICICI Bank Limited is the second largest bank in the country with 2,009 branches and assets of Rs. 3,634.00 billion as on March,31 2010.

Features of ICICI Home Finance Fixed Deposit Scheme:

  • Highest credit ratings: AAA (FD) by CARE and MAAA by ICRA
  • Loan against deposit – Up to 75% of principal deposit. Interest charged @ 2% over and above the rate at which deposit is placed
  • Cumulative scheme of ICICI HFC’s FD is compounded annually
Base Rates for Fixed Deposits
Period (Months) Deposit Amount in Rs. Annual / Cumulative Income Plan Quarterly Income Plan Monthly Income Plan
12-23 < = Rs.1 cr 8.25% 8.00% 7.95%
24-35 < = Rs.1 cr 8.75% 8.50% 8.40%
36-59 < = Rs.1 cr 8.75% 8.50% 8.40%
60 < = Rs.1 cr 8.50% 8.25% 8.20%
Minimum Deposit (Rs.) 10,000 20,000 40,000
0.25% additional for senior citizen across slabs

 

Special Scheme
Period (Months) Deposit Amount in Rs. Annual / Cumulative Quarterly Income Plan Monthly Income Plan
12 < = Rs.1 cr 8.50% 8.25% 8.20%
15 < = Rs.1 cr 8.60% 8.35% 8.30%
20 < = Rs.1 cr 9.00% 8.70% 8.65%
35 < = Rs.1 cr 9.25% 8.95% 8.90%
45 < = Rs.1 cr 8.75% 8.50% 8.40%
60 < = Rs.1 cr 8.50% 8.25% 8.20%
Minimum Deposit (Rs.) 10,000 20,000 40,000
0.25% additional for senior citizen across slabs

Website: ICICI Home Finance Fixed Deposit Scheme

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