Redeemable Guaranteed Investment Certificates (GICs) and Term Deposits

    High interest rates on your hard earned money

    Redeemable GICs and Term Deposits are the most secure investments for short, medium and long term savings goals. The interest rate for the entire term is guaranteed.

    Attractive interest rates:

    C$ GICs 1.10% 1.30% 1.40% 1.60% 1.80%
    US$ Term Deposits 0.65% 0.90% 1.25% 1.60% 2.00%

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    Safe and Secure: ICICI Bank Canada is a member of CDIC. Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are insurable under the Canada Deposit Insurance Corporation Act.

    Flexible Terms: We offer redeemable GICs and Term Deposits for terms from 1 year to 5 years. Choose the term that suits your personal requirements.

    Minimum Deposit: Only a minimum of 1,000 in the currency of deposit is required.

    Compound Interest: Interest on our redeemable GICs and 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 GICs and US Dollar Term Deposits of 1 year and above.

    Terms and Conditions apply