Money Transfer

Overview

Transfer via offline modes

Transfer via Money2India.com

Money2India: Home >> Donate2India

Donate2India

Non-Resident Indians around the world are known for donating generously to support a number of causes and charity in India. ICICI Bank’s Donate2India makes it easy for them to donate to charitable and religious organizations like GIVE, CRY and others.

Ready to donate through Donate2India?

Benefits

Easy Money Transfers for donations using any of the products
Simple and easy online money transfer facilities
Best exchange rates to maximize your contributions
Tax benefits for all contributions
Wide range of options to send money

List of organisations >>

*Please Note: Contributions to the Registered Beneficiaries from tax-payers in India are eligible for tax benefits under section 80 G of the Income Tax Act of India.

Ready to Transfer Money?

Printable Version

Helpline

Call Us

Email Us

Chat with Us

NRE FD / Recurring

Maturity Period	Interest rates (percent per annum) w.e.f. July 01, 2011
12 months and above but less than 18 months	2.48
18 months and above but less than 24 months	2.48
24 months and above but less than 36 months	2.44
36 months to 120 months	2.84

Note: No interest is payable if deposit is withdrawn before completion of 12 months.

The additional rate of interest of 0.5% p.a. payable on fixed deposits to senior citizens does not apply to NRE and NRO Fixed Deposits.

Disclaimer:
Interest rates for NRE, FCNR and RFC deposits are subject to change on the 1st of every month and as per the guidelines issued by the Reserve Bank of India from time to time. Deposit requests received on the 1st day of the month will be opened with the applicable rate.

NRE FD / Recurring

Maturity Period	*Interest rates (percentage per annum) w.e.f. May 19, 2011**
Maturity Period	Less than INR 1.5 Million	INR 1.5 million to less than INR 10.0 million	INR 10 million and above
7 days to 14 days	3.75%	3.75%	As advised by ICICI Bank from time to time
15 days to 29 days	4.00%	4.00%
30 days to 45 days	5.00%	5.00%
46 days to 60 days	5.75%	5.75%
61 days to 90 days	6.25%	6.25%
91 days to 120 days	7.00%	7.00%
121 days to 184 days	7.00%	7.00%
185 days to 189 days	7.50%	7.50%
190 days	7.75%	7.75%
191 days to 210 days	7.50%	7.50%
211 days to 269 days	7.50%	7.50%
270 days to 289 days	7.50%	7.50%
290 days	7.75%	7.75%
291 days to less than1 years	7.50%	7.50%
1 year to 389 days	8.25%	8.25%
390 days	8.50%	8.50%
391 days to 589 days	8.25%	8.25%
590 days	9.25%	9.25%
591 days to less than 2 years	8.25%	8.25%
2 years to 789 days	8.50%	8.50%
790 days	9.25%	9.25%
791 days to 989 days	8.50%	8.50%
990 days	9.25%	9.25%
991 days to less than 3 years	8.50%	8.50%
3 years to less than 8 years	8.75%	8.75%
8 years upto 10 years	8.75%	8.75%
5 Years (80C FD)	8.75%	N.A

*Subject to revision without further notice

Note:

Rate for deposits of INR 10 million and above will be advised by ICICI Bank from time to time
Recurring deposit will not be available for tenures of 190 days, 290 days, 390 days, 590 days, 790 days and 990 days
NRO quantum optima facility is not available for special day tenures (e.g.190, 290, 390, 590, 790 and 990 days)
Additional 0.5% rate of interest payable on fixed deposits for senior citizens does not apply to NRE and NRO fixed deposits
Please note that the minimum tenure for NRO term deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days

Penalty for pre-mature withdrawal (all categories):

Original Tenure of Deposit	Penal rates (in %)
Original Tenure of Deposit	Less than INR 50 million	INR 50 million & above
Less than 1 year	0.50	0.50
1 year & above but less than 5 years	1.00	1.00
5 years	1.00	1.50

RFC Savings

Interest rates (percent per annum) w.e.f. January 01, 2010
Currency	USD	AUD	EURO	JPY
Savings Bank account	0.90	2.75	No Quote	No Quote

RFC Fixed

Interest rates (percent per annum) w.e.f. July 01, 2011
Currency	USD	AUD	EURO	JPY
Overnight and upto 30 days	****	****	****	****
30 days to less than 6 months	0.85	3.61	1.80	0.04
6 months to less than 1 year	1.40	2.10	2.76	1.34
>= 12 months < 24 months	1.73	2.58	3.14	1.56
>= 24 months < 36 months	1.69	2.47	3.17	1.39
36 months	2.09	2.80	3.38	1.43

****Subject to arrangement on case to case basis
Note: On premature withdrawal, the interest will be paid at 1% below the applicable rate for the period the deposit has remained with the Bank.

RFC Fixed

Interest rates (percent per annum) w.e.f. July 01, 2011
Currency	USD		AUD		EURO		JPY		AUD		CAD
Currency	RATE	APY	RATE	YIELD	RATE	YIELD	RATE	YIELD	RATE	YIELD	RATE	YIELD
>= 12 months < 24 months	1.73	1.73	2.58	2.58	3.14	3.14	1.56	1.56	6.49	6.49	2.85	2.85
>= 24 months < 36 months	1.69	1.72	2.43	2.47	3.17	3.24	1.39	1.41	6.01	6.29	2.71	2.77
>= 36 months < 48 months	2.09	2.14	2.80	2.90	3.38	3.52	1.43	1.45	6.13	6.62	2.98	3.05
>= 48 months < 60 months	2.54	2.66	3.15	3.33	3.60	3.83	1.48	1.52	6.39	7.15	3.23	3.42
60 months	2.95	3.16	3.47	3.76	3.79	4.13	1.56	1.62	6.51	7.55	3.47	3.75

Note: On premature withdrawal:-

No interest is payable if deposit is withdrawn before completion of 12 months.
If prematurely withdrawn after completion of 12 months, the interest will be paid at 1% below the applicable rate for the period the deposit has remained with the Bank.

Choose the option which best describes you/ your situation
	Settled abroad
	Planning to go abroad permanently for an overseas appointment
	Planning to go abroad for an overseas assignment with an India company
	Student planning to go abroad for higher studies
	Seafarer

Money Transfer

Donate2India

Ready to donate through Donate2India?

Benefits

Ready to Transfer Money?

Related Links

Helpline

Choose the option which best describes you/ your situation

Choose the option which best describes your requirement to access
your funds

Choose the option which best describes the source of income to fund your account

Do you want the funds to be available to your abroad?

Choose the currency in which you want your funds to be

Money Transfer

Donate2India

Ready to donate through Donate2India?

Benefits

Ready to Transfer Money?

Related Links

Helpline

NRE Savings

NRO Savings

NRE FD / Recurring

NRE FD / Recurring

RFC Savings

RFC Fixed

RFC Fixed

Choose the option which best describes you/ your situation

Choose the option which best describes your requirement to access your funds

Choose the option which best describes the source of income to fund your account

Do you want the funds to be available to your abroad?

Choose the currency in which you want your funds to be

Service Tax Rules

Exchange Rate/Remittance Charge Calculator

Choose the option which best describes your requirement to access
your funds