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SuperSaver Bond up to 2.70% AER

Invest securely with a fixed interest rate for the term of the bond.

  • Choose monthly, quarterly or yearly interest payments.
  • Choose a term of 6 months, 1 year, 2 years, 3 years or 5 years.
  • Minimum deposit allowed is £1000.
  • No withdrawals, early closures or additional deposits can be made during the fixed term.
  • Relationship Rewards - Get savings, improved rates and other special offers when you use our products and services.
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ICICI SuperSaver Bond Account

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A secure fixed rate bond

Your deposit is tied in for the term of the bond, earning a fixed interest rate for the duration. You can only make an early withdrawal under circumstances such as the death of the account holder.

Find out more in our SuperSaver Bond FAQs.

Automatic renewal

Our convenient renewal service means we can automatically renew your SuperSaver Bond when it matures – so you don't miss out on a single day’s interest.

Please see our terms and conditions

Choose your interest plan

Control your finances with interest paid monthly, quarterly or annually. Your interest is paid to your ICICI Bank UK HomeVantage Current Account, which your SuperSaver Bond is linked to.

Individual or joint accounts

You can open a SuperSaver Bond individually or jointly or both.

Super saver bond

  • 18 years or older.
  • Satisfactory identity and address verification
Interest Rate
  • Rates are fixed during the term of the deposit.
  • Rates are periodically updated

Interest Rates on SuperSaver Bond can change periodically. The rate applicable on your deposit will be as prevalent on the date of deposit opening. Please click here for the interest rates

Gross is the taxable rate of interest without the deduction of UK Income Tax. Net is the rate of interest payable after the deduction of UK Income Tax at the rate specified by law (currently 20.00%). AER (Annual Equivalent Rate) is a notional rate that illustrates what the annual rate of interest would be if the interest was compounded each time it was paid. Where interest is paid annually, the quoted rate and the AER are the same.
Tax Status If you are eligible for tax exemption, please contact our bank staff for help.
Conditions for bonus payment No bonus payment
Withdrawal arrangement

Deposits can be withdrawn only under exceptional circumstances like the death of the account holder. The Bank may charge a penal rate in all other cases

Standing charges Nil
Minimum Balance Minimum Balance of £1,000 required to open the deposit.
Access Branch, Phone banking, Email
Other Charges No Charges

Key Product Features

  • Rate guarantee during the term of the deposit
  • Optional automatic renewal facility
  • Easy management
  • Periodic interest payment options.

Key Facts

  1. Who regulates us?
    ICICI Bank UK PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (Registration Number: 223268). ICICI Bank UK PLC (Company number 04663024) has its registered office at One Thomas More Square, London E1W 1YN.
  2. What to do if you have a complaint?
    If you wish to register a complaint, please contact us promptly at:
    ICICI Bank UK PLC,
    Customer Relations,
    2nd Floor,
    One Thomas More Square,
    London E1W 1YN
    Call our Customer Service Centre at 0844 412 4444 (calls cost 5 pence per minute plus your phone company's access charge).
    Email us at
    We will then arrange for a member of the complaints team to investigate and respond to you accordingly.
  3. Are we covered by the Financial Services Compensation Scheme (FSCS)?
    ICICI Bank UK PLC is covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations. Most depositors - including most individuals and small businesses - are covered by the scheme.
    In respect of deposits, an eligible depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000). The £85,000 limit relates to the combined amount in all the eligible depositor's accounts with the bank including their share of any joint account, and not to each separate account.
    For further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website or call the FSCS on 0800 678 1100 or 020 7741 4100. Please note only compensation related queries should be directed to the FSCS.

SuperSaver Bond Rates effective from March 5, 2014

Click here for annual interest payout
  Gross AER Net Tax Free
6 month 1.00% 1.00% 0.80% 1.00%
1 year 1.60% 1.60% 1.28% 1.60%
2 years 2.05% 2.05% 1.64% 2.05%
3 years 2.70% 2.70% 2.16% 2.70%
5 years 2.50% 2.50% 2.00% 2.50%
Click here for quarterly interest payout
  Gross AER Net Tax Free
6 month 1.00% 1.00% 0.80% 1.00%
1 year 1.59% 1.60% 1.27% 1.59%
2 years 2.03% 2.05% 1.62% 2.03%
3 years 2.67% 2.70% 2.14% 2.67%
5 years 2.48% 2.50% 1.98% 2.48%
Click here for monthly interest payout
  Gross AER Net Tax Free
6 month 1.00% 1.00% 0.80% 1.00%
1 year 1.59% 1.60% 1.27% 1.59%
2 years 2.03% 2.05% 1.62% 2.03%
3 years 2.67% 2.70% 2.14% 2.67%
5 years 2.47% 2.50% 1.98% 2.47%

Who is eligible?

To open a SuperSaver Bond you need to deposit at least £1000 and you also need to hold a HomeVantage Current Account.


What documents do I need?

You need to submit:

  • A valid proof of identity
  • A valid proof of address

Please read our short documents guide before you apply.


Download and complete the forms

Please download our application form.

If you’d like any help while completing your form, or if you have any questions about the application process, you can call us on 0844 412 4444 (calls cost 5 pence per minute plus your phone company's access charge) and we’ll be happy to assist you.


Submit your forms

Please bring your completed application form, proof of identity and proof of address to one of our branches.

ICICI Bank reserves the right to:

  • Decline an application for a new account
  • Change or withdraw any or all of the benefits, services or special promotions offered at any time

To ensure that we carry out your instructions accurately, to help us continually improve our service and in the interests of security, we may monitor and/or record your telephone calls made to us.

You can access our full terms and conditions here.

NRI services

We can assist Non- Resident Indians (NRIs) with a wide range of India products – Rupee savings accounts, fixed deposit accounts, India home loans and award-winning online trading services.

More about NRI services

Money transfers

Our international network and low charges enable fast and convenient money transfers with preferential exchange rates – online, in branch and over the phone.

More about transferring money

HiSAVE Accounts

  • Earn a high interest on your savings.
  • Start saving with as little as £1 (for our HiSAVE Savings Account).

More about HiSAVE accounts

We're here to help

Call us on 0344 412 4444 (Calls to this number use free plan minutes if available, otherwise they cost the same as 01/02 prefix calls).

If you're outside the UK, call +44 203 478 5319.

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