AAA/Stable Rated by CRISIL, ICRA, and CARE
Special Scheme Rates for Fixed Deposits deposits up to Rs. 2 crores only (w.e.f. 01-06-2024)
  Cumulative Non-Cumulative
Tenure (Mnths) Rate of Intt. Cuml. Yield Mnthly. Income Plan Qtrly. Income Plan Yrly. Income Plan
23 7.40% 7.66% 7.15% 7.20% 7.40%
39 7.55% 8.23% 7.30% 7.35% 7.55%
45 7.60% 8.45% 7.35% 7.40% 7.60%
65 7.50% 8.87% 7.25% 7.30% 7.50%
Interest Rates applicable for deposit up to Rs. 2 crores only
  Cumulative Non-Cumulative
Tenure (Mnths) Rate of Intt.  Cuml. Yield  Mnthly. Income Plan Qtrly. Income Plan Yrly. Income Plan
12-23 7.00% 7.00% 6.80% 6.85% 7.00%
24-35 7.35% 7.62% 7.10% 7.15% 7.30%
36-59 7.45% 8.02% 7.20% 7.25% 7.40%
60-120 7.30% 8.45% 7.05% 7.10% 7.50%

Key Features & Benefits:

  • .25% additional interest for Senior Citizen

  • Invest with just Rs. 10,000/- for yearly option, Rs. 40,000/- for monthly option and Rs. 20,000/- for quaterly option

  • High Return on Fixed Deposit

  • Flexible Tenors

  • Interest payment frequency: Monthly, Quarterly, Annual & Cumulative T

  • The deposit can be placed by Resident Individuals, HUF, Limited, Private Limited Companies, NRI, Co-operative Societies, Association of Persons & Trusts

  • Quick Loan against Deposit facility

  • Premature Encashment Available

Who Can Invest

  • Resident Indian Citizens

  • NRI / OCI / PIO (Only through NRO A/c.)

  • HUF / Family Trusts

  • Clubs/Association/Societies

  • Sole Prop./ Partnership / Cos.

Mode of Deposit NEFT/RTGS Cheque
payable to "ICICI Home Fin"
Bank Account Number 000405070754 
A/c 000405070754
marked "Account Payee only" 
IFSC ICIC0000004 
Bank branch Nariman Point

Premature Withdrawal

As per the Housing Finance Companies (NHB) Directions 2010, no premature withdrawal is allowed for a period of the first 3 months from the date of deposit subject to regulatory conditions. In case of premature withdrawal after the expiry of 3 months, the following rates shall apply.

  • After 3 months but before 6 months – “Maximum interest payable shall be 4% p.a.” for the individual depositors and “No interest” in case of other categories of depositors.

  • After 6 months but before 12 months – 2% lower than the minimum rate at which the public deposits are accepted by ICICI Home Finance.

  • After 12 months but before the date of maturity – 1% lower than the interest rate which ICICI Home Finance Company would have paid had the deposit been accepted for the period for which such deposit has run.

  • For premature withdrawals of deposits, the duly discharged FDR with a revenue stamp of requisite value must be surrendered to the company. Premature withdrawals of single or jointly held fixed deposits shall be processed only after such a request is signed by all the depositors along with FDR duly discharged and a canceled cheque leaf should be submitted.

  • In the event of the death of a depositor, the Company may repay the Deposit prematurely (irrespective of the lock-in period) to the surviving depositor (which in the case of joint holders will be the first in the sequence of applicants in the Application) or to the nominee/ legal heir(s) of the deceased depositor, upon the request of surviving depositor/s/nominee/legal heir, as the case may be, and only subject to the submission of proof of death and other requisite documents to the satisfaction of the Company.

About Company

Incorporated in 1999, ICICI HFC is a wholly-owned subsidiary of ICICI Bank. The company is registered with the National Housing Bank (NHB). Its loan book increased to 9,691 crores as of March 31, 2018 (as compared to Rs. 9,010 crores as of March 31, 2017). ICICI HFC reported a net profit of Rs. 64 crore on a total income of Rs. 964 crore in FY2018, against a net profit of Rs. 183 crore on a total income of Rs. 1,066 crore for FY2017. The company’s net worth stood at Rs. 1,613 crore as of March 31, 2018.

Company Financials
Financial Year
Ended on
Profit Before Tax
(In million)
Profit After Tax
(In million)
31-03-2022 2,122.30 1,641.70 1.5%
31-03-2021 326.40 216.70 -
31-03-2020 258.90 2.80 -

Fixed Deposits At a Glance