Accounts
Fixed Deposit Account
Our term deposits allow you to gain maximum returns for your funds, with flexible periods anywhere from 6 months to 36 months, so that you can save for future investments wisely.
Choice of Currency
Available in currencies of your choice: USD or Euro. For other currencies, please contact the bank branches.
Maximum Return
Enjoy high interest rates.
No Withdrawal or Replenishments
Partial withdrawals are not allowed, and new deposits require a new account.
Rollover Interest
Choose to roll over just principal or both principal and interest for another term, to efficiently accumulate your funds.
Fixed Deposit
Conditions
Conditions
| USD | |||
|---|---|---|---|
| Initial Balance | 500 | ||
| Interest Rate | Refer to interest rate table | ||
| Interest Payment | Monthly, at maturity or at closure | ||
| Rollover | Principal only | ||
| Principal and interest | |||
| Close on maturity | |||
| Withdrawals | Not allowed | ||
| Replenishment | New account for new deposits | ||
Note: All terms and conditions are subject to change to ICD Bank, Sole discretion in changing without prior notice.
Fixed Deposit
How to Apply
How to Apply
Visit us in person, and one of our staff will gladly walk you through the account opening procedures.
Fixed Deposit
Requirements
Requirements
For Locals
- Be at least 18 years of age (minors can open accounts with consent of parents)
- Valid National ID
- Original Family Book
For Foreigners
- Be at least 18 years of age
- Valid Passport with Visa stamp
- Proof of Residence
- Proof of Employment