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Features of Fixed Deposits

  • Multi-currency

  • Automatic Renewal

  • Personalised Service

  • Multiple Account Holders

 

 

Note:

 

Periodic payouts (quarterly, semi-annual or annual) are available only for Fixed Deposits opened in SGD, USD. AUD, CAD, EUR and GBP. Interest is paid only on maturity.

Things you should know

  • Singapore Deposit Insurance Scheme (SDIC)

    Deposits of non-bank depositors are insured by SDIC up to SGD 100,000 per depositor, per scheme member. Foreign currency deposits are not insured.

  • Interest rates

    Interest rates vary as per the currency, deposit amount and tenure. Rates are subject to change.

  • Auto renewal

    Auto renewal is available. You can provide maturity instructions at the time of opening the deposit.

  • Documents

    Carry originals for document verification when visiting the Branch.

INTEREST RATES

About Fixed Deposits

Multi-currency

We offer Fixed Deposits in SGD, USD. AUD, CAD, EUR and GBP. 

Automatic Renewal

Our convenient auto renewal option ensures your Fixed Deposit is automatically renewed upon maturity, so you don't miss a single day of interest. However, you have the option at the time of deposit opening to give prior instructions on how to deal with the maturity amount at the time of maturity.

Personalised Service

At any point in time, to know more about your Fixed Deposit you can contact Customer Care or your Relationship Manager or visit the Branch. Alternatively, you may also write to us at sg.service@icicibank.com

Multiple Account Holders

The Fixed Deposit can be opened either in a single name or jointly. 

FAQs

What is a Fixed Deposit?    

In a Fixed Deposit, the deposited money is held by the bank for a fixed term at a fixed interest rate. Interest rates offered on these deposits vary as per the tenure, value and currency of the deposit. Fixed Deposit is a savings proposition that can help you earn fixed returns on your savings.

Does ICICI Bank Singapore Branch offer Fixed Deposits both on fixed rate and floating rate basis?

Fixed Deposits are currently offered to individual customers only on fixed rate basis.

In what currencies can I open a Fixed Deposit? What is the minimum deposit requirement?

The currencies acceptable for a Fixed Deposit are SGD, USD, GBP, EUR, AUD and CAD. The minimum requirement is 5,000 currency units in any currency.

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