ICICI Bank RD Interest Rates: Your Ultimate Guide to Smart, Consistent Savings

Summary

The blog details ICICI Bank's competitive Recurring Deposit (RD) schemes, offering attractive interest rates for regular and senior citizens while providing themed benefits such as vouchers for electronics, travel, and jewelry. It explains the eligibility criteria, required documents, and various methods to open an RD account both online and offline. Penalty rules for premature withdrawals and tax implications are also discussed.

Key Takeaways

ICICI Bank offers competitive RD rates with special schemes for regular and senior citizens.
Multiple schemes provide benefits like vouchers for electronics, travel, and jewelry.
Account opening is available offline and online with specified required documents.
Premature withdrawals incur penalties and interest earnings may be subject to tax.