- Get an exclusive additional interest rate of 0.25 percent per year on fixed deposits with a term of more than five years. Interested in knowing more about ICICI Bank's golden year fixed deposit? Here are some of the other highlights of this investment opportunity.
- For a limited time, customers who are resident senior citizens will receive an additional 0.25 percent interest rate on their fixed deposits, in addition to the existing supplementary rate of 0.50 percent per annum.
- This higher rate of interest will apply to new deposits as well as deposits that are renewed during the scheme's duration.
A Fixed store is a monetary arrangement presented by banks and NBFCs where you can store a single amount of cash and yield a higher pace of revenue contrasted with your bank account.
The time span for a FD can go from 7 days to 10 years. When you put aside the installment with your bank, it begins procuring a premium relying upon the term of the deposit.The principal rule of a Fixed Deposit is that the cash can be removed before development. Furthermore, in the event that you pull out before development, you will be expected to suffer the consequence.
Fixed store offers you adaptability in picking its time span. All in all, it very well may be opened however long you have inactive Funds
A few banks offer an untimely withdrawal office, yet this leads toa lower pace of revenue.
On the date of development, the bank attributes the chief sum and premium to the record holder's financial balance.
