ICICI Bank High Interest Investment Savings Account

Best in class interest rates

The ICICI Bank High Interest Investment Savings Account is available exclusively through the FAS Channel. It offers competitive interest rates and is insured by CDIC.

Key Benefits

Earning Potential

  • Greater interest earning potential with higher interest rates
  • 25 bps annualized trailer in Series A.

 

Added Security

  • Available exclusive through N$M dealer on FundSERV.
  • ICICI Bank Canada is a member of CDIC.
  • CDIC coverage available for Canadian Dollar accounts only and is subject to CDIC conditions. Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are insurable under the Canada Deposit Insurance Corporation Act

 

Greater Convenience

  • No lock-in period.
  • T+1 settlement
  • Unlimited transactions through FundSERV

Product Features

Management Code:

IBN

Fund Codes

IBN 100 Series A - CAD
IBN 101 Series F - CAD
IBN 200 Series A - USD
IBN 201 Series F - USD

Currency

Canadian Dollars (CAD)
US Dollars (USD).

Eligibility

Available to Canadian residents only

CDIC Coverage

CDIC coverage available for Canadian Dollar accounts only and is subject to CDIC conditions. Only deposits held in Canadian currency, having a term of five years or less and payable in Canada are insurable under the Canada Deposit Insurance Corporation Act

Interest Calculation

Interest is calculated daily on the closing balance and paid out on a monthly basis.

Minimum Initial
Investment:

$ 1,000

Minimum Subsequent
Investment:

$ 100

Maximum Investment
per Account:

$ 5,000,000

 

To View Term Sheet, Click here