5 Year Tax Saving Fixed Deposit ICICI Bank

Tax Saving Fixed Deposit from ICICI Bank (5-year lock-in period) - Save tax and earn high returns with ICICI Tax Saving fixed deposit schemes.

Tax Saver FD (Fixed Deposit)

Why to invest?
• Dual benefits of attractive interest rates and tax saving
• Invest as small as ₹10,000
• Get tax deduction up to ₹1,50,000 under Section 80C
• Flexible interest pay out – monthly, quarterly or reinvestment in principal.

Know before you invest

• 5-year lock-in period
• Minimum investment of ₹10,000 and maximum of ₹150,000 for a duration of 5 years
• Nomination - Nominate a single nominee to your account proceeds, whether held solely or jointly. Applicants are required to fill a form prescribed under the Banking Companies (Nomination Rules), 1985. For details, please visit the nearest ICICI Bank branch.
• No premature withdrawal and auto-renewal facility.
• Interest earned is taxable
• FD allows only a one-time lump sum deposit

*Assured returns are subject to change due to Tax Deducted at Source (TDS), wherever applicable.