HiSAVE Fixed Rate Account Interest Rates
Effective from 31st July 2026
The interest rate on a HiSAVE Fixed Rate Savings Account varies depending on your selection of payment term.
Annual Interest Payment:
| Term | % Gross | % AER |
|---|---|---|
6 months | 4.10% | 4.14% |
1 Year | 4.60% | 4.60% |
2 Years | 4.70% | 4.70% |
3 Years | 4.70% | 4.70% |
Monthly Interest Payment:
| Term | % Gross | % AER |
|---|---|---|
6 months | 4.06% | 4.14% |
1 Year | 4.51% | 4.60% |
2 Years | 4.60% | 4.70% |
3 Years | 4.60% | 4.70% |
Please note: Interest amount is calculated on the total balance in your account at the relevant gross rate. Interest rates may vary from time to time. ICICI Bank UK PLC has the right to change the rate of interest, and shall inform you well in advance in case of changes, if any. Please read our terms and conditions for complete information. To know more about the scheme, visit the nearest bank branch or call our customer care centre.
Click here for interest rate history
AER– AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.
Gross - Gross is the rate of interest before the deduction of the tax applicable to interest on savings account.
Kindly Note - Interest is calculated on daily basis. The standard variable interest is accrued daily and credited to the account monthly.