Retirement Savings Plan (RSP)
High Return on your Retirement Savings!
ICICI Bank Canada’s RSPs can help you get the most out of the tax-deferred investments and build a larger retirement income toward a comfortable retirement.
Click Here for the RSP contribution limits as defined by Canada Revenue Agency (CRA).
Retirement Savings Plan (RSP) Savings Account
To give you flexibility when you don’t want to lock in your funds for a fixed term or interest rate, RSP Savings Account is the ideal solution. You also receive your interest credited monthly.
- Earn Attractive Interest: Earn 1.25% p.a. interest on RSP Savings Account, calculated on your daily closing balance and paid monthly.
- No Fees: Keep all of your money. There are no monthly or annual administration fees, so you can watch your money grow faster.
Retirement Savings Plan (RSP) GIC
ICICI Bank Canada's RSP GIC is the right choice when you want to invest at a guaranteed interest rate for a fixed term. Nothing to worry about.
- Get Attractive Interest Rates: ICICI Bank Canada offers highly competitive interest rates. Interest is compounded annually and paid at maturity.
- Enjoy a Guaranteed Return: The interest rate is guaranteed for the term of the deposit.
- Low Minimum Investment: You don't need a lot to invest. Only a minimum of $1,000 is required to open an RSP GIC account.
- Various Terms: Invest for the term of your choice - from 1 to 5 years.
- Safe and Secure: ICICI Bank Canada is a member of CDIC. Learn more about Canada Deposit Insurance.