ICICI Bank Fixed Deposit Schemes for BSNL VRS Employees

Find the new offers of ICICI Bank on Fixed deposit offered to BSNL VRS 2019 permanent employees, Check Investment phase, Monthly payout, Interest rate, and other offered with curated proposition of fixed deposits back with ICICI premium saving bank account designed exclusively…

It is important that the employees Opting for BSNL VRS 2019 and their plan on investments in financial instruments that give them the safety of their invested corpus along with good returns. ICICI bank solution takes care of a safe and guaranteed investment option through unique FD proposition.

• Check UNION BANK Of INDIA Proposed Offers to BSNL Employees

ICICI bank comes with a bundled of premium savings bank account to BSNL VRS employees which offers superior banking and financial benefits along with benefits on health and lifestyle for a comfortable and secure life ahead.

Customized proposition for BSNL employees

We have curated a proposition for the BSNL employees to give safety and security of your investment along with good returns.

Unique Fixed Deposit product – ICICI FD Xtra: FD Income

• Guarantee of the invested corpus
• Liquidity in case of emergencies, with the premature withdrawal facility#
• Choice of tenures available up to 10 years, minimum investment period 2 years
• Automatic monthly credit in ICICI Bank Account to cater to daily expenses.

Premature withdrawal allowed, subject to applicable penalty.

An illustration of the monthly interest payout with the deposit amount is given below for ready reference

Monthly interest* payout mode with interest rates as on November 14, 2019

Deposit Amount (Rs)	Interest Rate per Annum	Investment Phase	Payout Phase	Monthly payout amount before TDS (Rs)
5 Lakh	6.75%	5 years	5 years	13083
10 Lakh	6.75%	4 years	4 years	31238
20 Lakh	6.85%	2 years	2 years	102418

A summary of ICICI bank fixed deposit interest rates offered to BSNL employees for various tenures as on Nov 14, 2019, is given below

Tenure	Interest Rate % per Annum
2 years	6.85
3 Years	6.75
5 years	6.75
10 years	6.75

Interest is compounded quarterly and the interest rates are subject to change.

ICICI Bank Premium Savings Accounts

• Interest rate of 3.5% per annum on your balances – liquidity on savings with good returns.
• No charges on minimum balance maintenance
• Dedicated Relationship Manager to cater to your banking needs
• Unlimited free cash withdrawals at any bank ATM
• Discounts on annual locker rentals.

ICICI Bank Family Banking

• Extend the benefits of your account with your family members and create memorable experiences with your loved ones
• Unique Family Banking Debit Card with benefits on travel and entertainment
  • Buy 2 Get 2 tickets free at BookMyShow up to Rs. 400, once every month for a year
  • Enjoy complimentary domestic airport lounge access for 2, once every quarter.

Health benefits of ICICI Bank to BSNL Employee

• Complimentary Hospital Cash Insurance up to Rs. 30,000 for 1 year, available from 51 years of age up to 65 years of age
• 15% off on medicines at Apollo Pharmacy with ICICI Bank Debit Card
• Get free health check-up for any family member at SRL Diagnostics with a digital transaction on your account.

Lifestyle benefits of ICICI

• Exclusive offers from marquee brands – Amazon, Big Basket, Zomato, etc.
• 15% discount at leading restaurants with the ICICI Bank Cards
• Curated offers across dining, travel, shopping and entertainment.

A summary of our proposition is in the table below is for ready reference offered to BSNL employee from ICICIBank

	Option 1	Option 2	Option 3
FD Investment	Rs. 5 lakh	Rs 10 lakh	Rs 20 lakh
Savings Account	The One – Magnum	The One Titanium	Wealth
No charges on minimum balance maintenance	Y	Y	Y
Complimentary Debit Card	Y	Y	Y
Discount on lockers	Y	Y	Y
Unlimited ATM withdrawals	Y	Y	Y
Dedicated Relationship Manager	N	Y	Y (Wealth RM)
Family Banking benefits	Y (Magnum)	Y (Titanium)	Y (Wealth)
Offers and Alliances	Y	Y	Y

The above is the proposal plan offered to the employees who opted for BSNL Voluntary Retirement Scheme 2019, so just check all the above and take a wise decision to save your CORPUS fund on various investment fixed deposit options offered by ICICI BANK.