CreditMantri Finserve Private Limited
Door No.3, Block B, No. 147, 2nd Floor, Workeasy Space Solutions, RK Swamy Centre, Hansa Building, Pathari Road,Thousand Lights, Chennai, Tamil Nadu600006
Have any queries? Click here for more details
All written queries will be responded within 1 working day.
We'd love to help you through every step along the way.
Is your Credit Score >750?
Save money while enjoying a higher interest rate with ICICI Bank Recurring Deposits. ICICI Bank Recurring Deposit Interest Rates differ for resident and NRI customers. ICICI Bank Senior Citizen RD Interest Rates are higher.
A Recurring Deposit (RD) is a monthly savings scheme available with banks. It allows account holders to save a fixed amount of money every month while earning interest rates similar to that of term deposits.
It is a well sought-after savings plan by customers who are willing to make a small monthly deposit instead of a lumpsum in fixed deposits.
About ICICI Bank Recurring Deposit Rate
ICICI Bank offers a few different recurring deposit plans to its customers. Account holders can conveniently open a recurring deposit anytime on their internet banking account or from any branch.
Cumulative Recurring Deposit
iWish – Flexible Deposit Scheme
Recurring Deposit with monthly income facility
ICICI Bank has a comprehensive recurring deposit calculator on its website that helps you to find out the maturity amount before you start the account. Just by entering the monthly installment and the tenure, it calculates and displays the interest earned and the maturity amount.
There is also a calculator for the iWish deposit. Here you enter the target amount for your wish, the tenure you wish to deposit for, and it displays the monthly installment you need to deposit. It also shows the interest earned and the maturity amount.
A recurring deposit account can be opened by any resident individual or Hindu Undivided family holding a savings bank account with ICICI Bank. For iWish and Delightful deposits, the account holder should have a valid internet banking login.
1. What is the minimum amount to open a recurring deposit account?
The minimum amount to open a Cumulative recurring deposit account is Rs. 500 per month. To open an iWish Deposit scheme, the minimum amount is Rs.500 per month. For Delightful deposits, the minimum amount is Rs. 5000 and in multiples of 1000 thereafter.
2. How is iWish Flexible deposit different from regular recurring deposit?
An iWish flexible deposit allows you to deposit any amount of money any number of times in a month. This helps you to deposit your surplus money more effectively.
3. Is TDS applicable on recurring deposits?
Yes, the interest earned on a recurring deposit is considered for TDS. Currently, TDS is applicable for interest above Rs.10,000 p.a.
4. How do I add a nominee for my recurring deposit account?
You can add a nominee while opening a recurring deposit account. You can also add/change the nominee during the tenure of the account by filling the appropriate form.
5. How do I open a recurring deposit account?
Existing customers can open a recurring deposit account through any of the following channels – Internet banking, iMobile app, Phone banking, or by visiting the nearest branch. New customers can approach the nearest ICICI Bank branch to open a recurring deposit account.
6. Can I prematurely withdraw my recurring deposit?
Yes, a recurring deposit can be closed prematurely. The interest earned shall be adjusted for any penalty applicable as per terms & conditions prevailing on the date of premature withdrawal.
Product offers,Usefulness of information,Credit Report Analysis,Website/app interface,
Andhra Bank Recurring Deposit Rate
Axis Bank Recurring Deposit Rate
Bandhan Bank Recurring Deposit Rate
Bank Of Baroda Recurring Deposit Rate
Bank Of India Recurring Deposit Rate
Bank Of Maharashtra Recurring Deposit Rate
Canara Bank Recurring Deposit Rate
Central Bank Of India Recurring Deposit Rate
Citibank Recurring Deposit Rate
City Union Bank Recurring Deposit Rate
Corporation Bank Recurring Deposit Rate
DCB Bank Recurring Deposit Rate
Deutsche Bank Recurring Deposit Rate
Dhanlaxmi Bank Recurring Deposit Rate
Federal Bank Recurring Deposit Rate
HDFC Bank Recurring Deposit Rate
IDBI Bank Recurring Deposit Rate
Indian Bank Recurring Deposit Rate
Indian Overseas Bank Recurring Deposit Rate
IndusInd Bank Recurring Deposit Rate
Jammu Kashmir Bank Recurring Deposit Rate
Karnataka Bank Recurring Deposit Rate
Karur Vysya Bank Recurring Deposit Rate
Kotak Mahindra Bank Recurring Deposit Rate
Lakshmi Vilas Bank Recurring Deposit Rate
Oriental Bank Of Commerce Recurring Deposit Rate
Punjab National Bank Recurring Deposit Rate
Punjab Sind Bank Recurring Deposit Rate
RBL Bank Recurring Deposit Rate
SBI Recurring Deposit Rate
South Indian Bank Recurring Deposit Rate
State Bank Of Travancore Recurring Deposit Rate
SVC Bank Recurring Deposit Rate
Syndicate Bank Recurring Deposit Rate
Tamilnad Mercantile Bank Recurring Deposit Rate
UCO Bank Recurring Deposit Rate
Union Bank Of India Recurring Deposit Rate
Vijaya Bank Recurring Deposit Rate
YES Bank Recurring Deposit Rate
CreditMantri will never ask you to make a payment anywhere outside the secure CreditMantri website. DO NOT make payment to any other bank account or wallet or divulge your bank/card details to fraudsters and imposters claiming to be operating on our behalf.