HiSAVE Fixed Rate Accounts
up to 3% AER

  •         Commended for 'Best Fixed Rate
            Account Provider'

 

 

 

 

 

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Peace of mind for your finances

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Term % AER % Gross % Net Tax Free
6 months 1.50% 1.49% 1.19% 1.49%
1 Year 3% 3% 2.40% 3%
Earn Loyalty Bonus interest rate of 0.05%, Click for details. Apply now
Annual Equivalent Rate (AER)
This is a notional rate. It shows the gross interest rate if interest was paid and compounded on an annual basis.

Gross rate
Interest earned before the deduction of the basic tax rate (currently 20%).

Net rate
Interest earned after the deduction of the basic tax rate (currently 20%).
 
Term % AER % Gross % Net Tax Free
6 months 1.50% 1.49% 1.19% 1.49%
1 Year 3% 2.96% 2.37% 3.96%
Earn Loyalty Bonus interest rate of 0.05%, Click for details. Apply now
Annual Equivalent Rate (AER)
This is a notional rate. It shows the gross interest rate if interest was paid and compounded on an annual basis.

Gross rate
Interest earned before the deduction of the basic tax rate (currently 20%).

Net rate
Interest earned after the deduction of the basic tax rate (currently 20%).
 
Annual Equivalent Rate (AER)
This is a notional rate. It shows the gross interest rate if interest was paid and compounded on an annual basis.

Gross rate
Interest earned before the deduction of the basic tax rate (currently 20%).

Net rate
Interest earned after the deduction of the basic tax rate (currently 20%).
 
Key product information for HiSAVE Fixed Rate Accounts  
Account Name HiSAVE Fixed Rate Accounts: 6 months or 1 year term Apply now
Interest rates View our monthly interest rates
View our annual interest rates
How is interest calculated? Interest is calculated on a daily basis on the total balance in your account at the relevant gross rate.
How is interest paid? After your HiSAVE Fixed Rate Account matures, interest will be paid to your HiSAVE Savings account. In case you don’t have a HiSAVE Savings account, we will open one for you.
Interest can be paid monthly (on the last day of each month, if the last day is not a working day, we will pay the interest on the next working day) or annually (on the anniversary of account opening). Please note annual interest is replaced with interest at maturity for terms of 1 year or less.
Tax on interest Interest is paid net (i.e. taxed) unless you register for Gross Interest.
Interest Rate Guarantee for existing customers On renewal of your HiSAVE Fixed Rate Account, you will get the benefit of the higher interest rate even if the rates go up or down during the period of 45 to 2 days before maturity.
Loyalty Bonus for existing customers Earn Loyalty Bonus interest rate of 0.05%.
Applicable to all HiSAVE Fixed Rate Accounts renewed in the period between 45 to 2 days prior to maturity.
Click here for FAQ’s
Click here for Terms & Conditions
Withdrawals No withdrawals can be made during the fixed term
Access New customers please Apply online - It will take around 10 minutes.
All Existing customers - please log in and click ‘Apply for a HiSAVE Fixed Rate Account’. Or, call us on Call us on 080 81 31 41 51 (freephone from UK landline).
All HiSAVE accounts are managed online.

  • Save with confidence

    Our current capital adequacy ratio is 18.25% as on September 30, 2010.

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  • Calculate your interest

    Enter how much you want to save, choose a time period and see how much interest you can earn.

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  • We’re here to help

    Call us anytime, day or night, on
    080 81 31 41 51 (freephone from UK landline).

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Use this calculator to work out how much your savings would earn with an ICICI Bank HiSAVE Fixed Rate Account. You can also compare our interest rates with other banks’ interest rates.
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