Savings Accounts
Business GICs and Term Deposits
High interest rates on your hard earned money
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.
Attractive interest rates:
| 1 Year | 2 Years | 3 Years | 4 Years | 5 Years | |
| C$ GICs | 1.00% | 1.50% | 2.25% | 2.50% | 2.75% |
| 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.
