Business GICs and Term Deposits are the most secure investments for short, medium and long term investment goals. The interest rate for the entire term is guaranteed.
|1 Year||2 Years||3 Years||4 Years||5 Years|
|US$ Term Deposits||0.75%||1.25%||1.50%||1.75%||2.25%|
Safe and Secure: ICICI Bank Canada is a member of the Canadian Deposit Insurance Corporation. Only deposits held in Canadian currency, having a term of five years or less, payable in Canada and not exceeding C$100,000 are insurable under the Canada Deposit Insurance Corporation Act.
Flexible Terms: We offer Business Term Deposits for terms from 1 month to 5 years. Choose the term that suits your business requirements.
Minimum Deposit: Only a minimum of 1,000 in the currency of deposit is required.
Compound Interest: Interest on our Business Term Deposits is compounded annually and paid at the end of the term.
Early Redemption: Sometimes an emergency arises and you may need access to your money. We offer early redemption options on Canadian Dollar and US Dollar Business Term Deposits of 1 year and above.