Assured Growth with Term Deposits

Non-Redeemable GICs and Term Deposits from ICICI Bank Canada are secure investment options designed for short and long-term savings goals. They offer assured interest rates for the entire tenure, ensuring predictable returns without market fluctuations. Funds remain locked in until maturity.

No. Non-Redeemable GICs and Term Deposits cannot be redeemed before the maturity date. You will not have access to the invested funds during the term. This structure helps you stay committed to your savings goal.

Interest rates are fixed and assured for the full term. Tenures range from 1 month to 60 months, allowing you to choose a term that aligns with your financial plans. Rates vary by tenure and currency.

You can start investing with a minimum deposit of CAD or USD 1,000. This low entry requirement makes Non-Redeemable GICs and Term Deposits accessible for a wide range of savings needs.

Yes. ICICI Bank Canada is a member of the Canada Deposit Insurance Corporation (CDIC). Eligible deposits are insured by CDIC, subject to coverage limits and conditions outlined by CDIC.