The ICICI Bank GIFT City Corporate FD Calculator helps you estimate your deposit returns quickly and easily. You can use the calculator through the following steps:
1. Select the currency and enter your desired deposit amount
2. Enter the tenure in years, months or days
3. The calculator will display the applicable interest rate, interest earned, maturity date and maturity amount, allowing you to plan your finances with confidence.
This tool also helps you compare different tenures and deposit amounts to make informed investment decisions.
Corporate FDs can be opened in 8 major international currencies, including USD, GBP, EUR, CAD, AUD, AED, HKD and SGD.
This enables corporates to manage deposits and interest earnings in foreign currencies, reducing currency conversion risks and facilitating global liquidity management.
1. Non-Callable FDs cannot be withdrawn before maturity.
2. Callable FDs can be withdrawn early, but a 0.50% penalty on the applicable interest rate applies.
Important Note: If interest has already been credited, the total amount returned may be less than the principal.