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Non-Redeemable GIC and Term Deposit
High return on your investment
Non-redeemable GICs and Term Deposits are the most secure investments for short and long-term saving goals. The interest rate for the entire term is guaranteed.
Attractive interest rates
Term |
1 Month |
2 Months |
3 Months |
6 Months |
9 Months |
1 year |
15 Months |
18 Months |
2 years |
3 years |
4 years |
5 years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
C$ Non-Redeemable GICs |
2.50% |
2.75% |
3.25% |
3.50% |
3.75% |
3.90% |
3.85% |
3.65% |
3.55% |
3.45% |
3.25% |
3.25% |
US$ Non-Redeemable GICs |
2.50% |
3.00% |
3.75% |
4.25% |
4.25% |
4.25% |
3.75% |
3.75% |
3.75% |
3.75% |
3.75% |
3.75% |
Safe and Secure: ICICI Bank Canada is a member of the Canada Deposit Insurance Corporation (CDIC). All deposits with the Bank are eligible for deposit insurance from CDIC, subject always to coverage limitations as outlined by CDIC. Learn more about Canada Deposit Insurance.
For further information, visit www.cdic.ca or contact CDIC at 1-800-461-CDIC (2342).
Flexible Terms: We offer non-redeemable GICs and Term Deposits ranging from 1 month to 60 months. Choose the term that suits your business requirements.
Minimum Deposit: A minimum of $ 1,000 in the currency of deposit is required.
Compound Interest: Interest on our Non-Redeemable GICs and Term Deposits is compounded annually and paid at the end of the term.
Non-Redeemable GICs and Term Deposits cannot be redeemed before the maturity date and you will not have access to the funds before maturity.
Renewal or Redemtion: : On maturity, Business GICs and Business Term Deposits would be renewed or serviced as per customer’s request.
Refer to our Disclosure Statement for our schedule of charges
