You can choose between Cumulative (interest paid at maturity) or Non-Cumulative (monthly, quarterly, or annual interest payouts) plans based on your liquidity needs.
Investors can avail of a loan or overdraft facility against their FD to meet urgent financial requirements without breaking the deposit.
⚠️ Important: The interest is taxable even though the principal qualifies for deduction. For the 30% slab investor, the effective post-tax return is significantly lower. icici home finance fd rates
The company offers a wide range of tenures, starting from as low as 12 months and going up to 10 years. This flexibility allows investors to ladder their investments—locking in high rates for long terms while keeping some liquidity through shorter-term deposits.
Using Digilocker, investors can complete their KYC and book FDs instantly online. ICICI Home Finance vs. ICICI Bank FD Rates You can choose between Cumulative (interest paid at
| Tenure | Interest Rate (% p.a.) | | :--- | :--- | | | 7.25% | | 24 months to 36 months | 7.40% | | 37 months to 60 months | 7.50% | | 60 months to 120 months | 7.50% |
The primary concern with corporate FDs is safety. ICICI Home Finance enjoys high credit ratings from India’s top rating agencies. It is typically rated ICRA AAA (Stable) and CRISIL AAA (Stable) . These ratings indicate the highest degree of safety regarding timely payment of interest and principal, making it one of the safer NBFC deposit options available. For the 30% slab investor, the effective post-tax
In the landscape of fixed-income investments in India, Fixed Deposits (FDs) remain a cornerstone for risk-averse investors. While bank FDs are the traditional choice, many investors are increasingly looking toward Non-Banking Financial Companies (NBFCs) for higher yields. ICICI Home Finance Company Limited (ICICI HFC), a subsidiary of ICICI Bank, stands out as a prominent player in this space, offering the allure of higher interest rates backed by the reputation of a trusted banking parent.