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What are the features of an ICICI Bank Recurring Deposit?

The features of an ICICI Bank Recurring Deposit are:

  • High rates of interest, identical to the fixed deposit rates.
  • Check on recurring account receivable, recurring account payable, recurring account fees and all recurring debit account transactions.
  • Avail loan against your ICICI Bank Recurring Deposit.
  • Minimum balance of Rs. 500 per month; deposits thereafter in multiples of Rs.100.
  • Minimum deposit period is 6 months, and thereafter in multiples of 3 months.
  • Nomination facility.
  • Transfer funds to your Recurring Deposit Account in seconds through Internet Banking.
  • Track your investments with us through your online Recurring Deposit Account; process your recurring payments through our recurring billing.