ICICI Home Finance Fixed Deposit Schemes

ICICI 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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