Non-Redeemable GIC and Term Deposit

High return on your investment

Non-redeemable GICs and Term Deposits are the most secure investments for short and long term savings goals. The interest rate for the entire term is guaranteed.

Attractive interest rates

C$ Non-Redeemable GICs 0.80% 1.00% 1.40% 1.60% 1.85%
US$ Non-Redeemable Term Deposits 1.00% 1.10% 1.30% 1.35% 1.45%

Safe and Secure: ICICI Bank Canada is a member of the Canada Deposit Insurance Corporation (CDIC). All deposits with the Bank are eligible for deposit insurance from CDIC, subject always to coverage limitations as outlined by CDIC. Learn more about Canada Deposit Insurance.


For further information, visit or contact CDIC at 1-800-461-CDIC (2342).

Flexible Terms: We offer non-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 C$/US$ 1,000 is required.

Compound Interest: Interest on our non-redeemable GICs and Term Deposits is compounded annually and paid at the end of the term.


Non-Redeemable GICs and Term Deposits cannot be redeemed before the maturity date and you will not have access to the funds before maturity.


Terms and Conditions apply


Refer to our Disclosure Statement for our schedule of charges