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Important Update: From Nov 1, 2026, the Branch-based Debit Card transfers to India using a non-ICICI Bank UK Debit Card will be discontinued for customers without an ICICI Bank UK Personal Current Account. To continue sending money to India with us, open an ICICI Bank UK Personal Current Account or register for Money2India UK. 

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BEST FOR

Steady growth with flexible terms

  • Fixed returns across all tenures

  • Monthly, quarterly, annual payouts

  • Start from £1,000 deposits

  • Easy access via branch/online/phone banking

You get

what you see

When you bank with us, you can trust in complete transparency with no hidden costs or charges

Why get it from us?

  • Trusted, Fixed-Return Banking

    Enjoy the confidence of saving with ICICI Bank UK, offering fixed interest options, FSCS protection, predictable growth and transparent terms across all deposit types.

  • Flexible, Multi-Currency Saving

    Choose deposits that match your goals with the ability to save in GBP and USD (product-specific), personalised interest payout choices and terms ranging from 6 months to 3 years.

  • Easy, Digital Access & Support

    Open and manage deposits effortlessly through Net Banking or the iMobile Global app, with secure digital access plus support via branch or phone, designed to make saving convenient wherever you are.

About

Simple Online Application

Apply for HiSAVE Fixed Rate Accounts online with no branch visit. Fixed Deposits and Recurring Deposits can be opened through Net Banking, iMobile Global app, or a branch, giving you flexible access and support.

Easy Eligibility Requirements

Individuals aged 18+, UK residents and joint applicants can open most Deposit accounts. Recurring Deposits require an active Personal Current Account to set up monthly savings.

Minimum Deposit Criteria

Start saving with minimum deposits of £1,000 for HiSAVE Fixed Rate Account and Fixed Deposits and monthly for Recurring Deposits. No maximum limit applies across products.

Flexible Interest Options

Choose interest payouts monthly, quarterly, or annually, depending on the deposit type with fixed rates available across set terms ranging from 6 months to 3 years.

FAQs

What are the Deposits offered by ICICI Bank UK?

ICICI Bank UK offers a range of deposit options, HiSAVE Fixed Rate Accounts, Fixed Deposits (Withdrawable and Non-withdrawable) and Recurring Deposits, designed to help you grow savings with fixed interest rates, flexible terms, multi-currency choices and secure digital access.

Who can open a Deposit account with ICICI Bank UK?

Most ICICI Bank UK deposit products are available to individuals aged 18 or above, including joint applicants. UK residents can apply for HiSAVE Fixed Rate Accounts online. Recurring Deposits additionally require an active Personal Current Account for monthly contributions.

What are the minimum deposit amounts for different deposit types?

HiSAVE Fixed Rate Accounts and Fixed Deposits (Withdrawable and Non-withdrawable) require a minimum deposit of £1,000 (GBP or USD where available). Recurring Deposits require a monthly minimum of GBP 1,000 / USD 1,000 / EUR 1,000, with no maximum limit for any product.

Can I withdraw or close my deposit before maturity?
  • Withdrawals and premature closures are not permitted for Fixed Deposits (Non-withdrawable).
  • For Fixed Deposits (withdrawable), premature withdrawals are allowed with 1% penality.
  • HiSAVE Fixed Rate Accounts do not allow partial withdrawals once funds are placed.
  • Recurring Deposits follow a fixed tenure and closures may affect interest earned.

How can I apply for and manage these deposit accounts?
  • HiSAVE Fixed Rate Accounts can be applied through online only.
  • Fixed Deposits and Recurring Deposits can be opened via ICICI Bank UK Net Banking, iMobile Global app, or a branch.

You can manage your savings through ICICI Bank UK Net Banking and iMobile Global app, with interest payouts automatically credited to your linked Personal Current Account.

Disclaimer

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