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Overview of Term Deposits for Non-Resident Indians


OFFERINGS-IN-IBU

Term Deposits are a great way of investing surplus funds to earn a fixed return.


Features of Term Deposits for Non-Resident Indians


  • Fixed returns on your existing deposits
  • Term Deposits can be renewed on maturity at prevailing interest rates
  • Premature & partial withdrawal facilities are available
  • Interest is compounded annually for deposits with a tenure of more than 1 year and on Simple Interest rate basis for deposits with a tenure of less than 1 year. Interest is paid on maturity on a cumulative basis.

 

ADVANTAGES-OF-ICICI-BANK-IBU

 

 

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