ICICI Bank ICICI Bank

Things you should know

  • Eligibility

    You must hold an account with ICICI Bank Bahrain to open a Recurring Deposit.

  • Interest payout

    Interest is paid only at the time of maturity.

  • Instalments

    Minimum instalment is BHD 10 per month. Higher deposits are accepted in multiples of BHD 10.

  • Tenure

    Tenure options are available based on bank policy. Maturity depends on tenure and ithe nstalment amount.

About Recurring Deposits

What is a Recurring Deposit?

A Recurring Deposit helps you save a fixed amount every month and receive a lump sum at maturity.

What currency is the deposit offered in?

The Recurring Deposit is offered only in Bahraini Dinar.

What is the minimum instalment amount?

You can start with BHD 10 per month.

FAQs

Can I change my monthly instalment?

Instalment amounts are fixed at the time of opening and cannot be changed.

When is interest paid?

Interest is paid only at maturity.

Can I close my Recurring Deposit before maturity?

Premature closure is allowed based on applicable terms and conditions.

Disclaimer

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