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About Fixed Deposits

When the customer is looking for a safe investment option with attractive returns, then you have a winning asset to offer i.e. ICICI Home Finance Company’s Fixed Deposits.

A wide range of investment options bundled with attractive features and benefits makes our Fixed Deposits one of the best financial products to invest in.

To become an agent download the Agent registration form and submit the filled form to the closest HFC Office.

To know more click on the links

Brokerage & Incentives

Premature Withdrawal

Make the most of the ICICI Home Finance Co. Fixed Deposit advantage

Highest credit ratings- AAA by CARE and MAAA by ICRA

Interest rates among best in industry

Terms ranging from 1 - 7 years

Attractive brokerage payouts for you.


	Benefits
	With ICICI Home Finance Fixed Deposits, you are offering your customer with a wide range of benefits. Wide choice of tenure starting from 12 to 84 months Minimum deposit amount for all income plans changed from Rs. 5000 to: Annual/Cumulative Income Plan - Minimum deposit amount Rs. 10,000/- Quarterly Income Plan - Minimum deposit amount Rs. 20,000/- Monthly Income Plan - Minimum deposit amount Rs. 40,000/- Any additional deposit amount would be accepted in multiple of Re. 1/- Acceptance of deposits at all ICICI HFC retail offices Interest earned up to Rs. 5,000.00 in a FY exempt Deposits placed by Trusts qualify under the category of Specified Investment as defined under section 11(5)(ix) of Income Tax Act 1961 Guaranteed returns as against low returns of debt funds in volatile interest rate regime Low risk investment option Other Advantages - Provides liquidity and fulfills a periodic requirement of funds without sacrificing long-term returns Suitable for regular income from investment Suitable for deploying large investment amounts When you consider allocating funds among various investment avenues, fixed deposits would form an integral part given their - Safety Fixed returns Liquidity


	Eligibilty
	Eligible entities as depositors Resident Indians NRIs Association of Persons (AOPs) Hindu Undivided Family (HUFs) Trusts and Foundations Co-operative Societies Firms Companies


	Documentation
	Completed Deposit Application form Form 15H Form 15G ECS Mandate Form Deposit Amount Cheque/DD drawn on any ICICI Bank Location KYC & other documents - Individuals - photo id proof, address proof, age proof for Senior Citizen’s deposits. Non-Individuals - documents would also include Certificate of Registration,Board/Managing Body Resolution, etc.


	Process
	Broker/Customer submits completed FD App. Form at the FD desk at ICICI HFC office FD Desk does NDC and accepts or holds the application Accepted applications are sent to ICICI HFC Central Operations Team after minimum data entry FD & post dated interest warrants are issued and dispatched to the depositor by ICICI HFC Central Operations Team

Interest Rates:

Special Scheme Rates from 28^th June '10
Sr.No	Tenure (Months)	Ann/Cumm	Quarterly	Monthly
For FDs <= 1 Cr.
1	12-23 Months	7.10%	6.95%	6.90%
2	24-35 Months	7.60%	7.40%	7.35%
3	36-60 Months	7.75%	7.55%	7.50%

0.25% additional for senior citizen across all the slabs.


	Brokerage and Incentives
	Attractive Brokerage which is best in the industry.* *The Commission paid / payable by ICICI HFC to the Agent in relation to the services shall be inclusive of all applicable taxes, levies, duties or any other charges past, present or future under the prevailing laws and subject to deduction of tax at source as per the applicable laws. ICICI HFC shall also have the right to set off, deduct and recover from the commission or any other amount payable to the Agent, any and all amounts which may be or become payable or which the Agent is liable to pay to ICICI HFC in relation to the services on any other account whatsoever. Decision of ICICI HFC in this regard shall be final and binding on the agent and shall not be challenged.

Premature Withdrawal

Premature withdrawal is not allowed in the first 3 months
In the event of premature withdrawal following terms are applicable

Premature withdrawal timing	Penalty charges applicable
Withdrawal between 3 - 6 months	No interest shall be payable
Withdrawal between 6 - 12 months	3% lower than the minimum rate at which public deposits are accepted by ICICI HFC
After 12 months but before maturity	2% lower than the rate applicable for the completed tenure of deposit

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