Loan Against Deposit Interest Rates

ICICI Bank Bahrain now offers Credit facilities against deposits placed with various branched of ICICI Bank in US dollars and Bahraini Dinar to meet your capital and cash requirements. You gain as there is no need to close the existing deposits to meet your short term cash requirements, as well as save on deposit pre-closure and transfer charges.

 

The pool of eligible collaterals for credit facility please contact Bahrain Branch

ICICI Bank Limited Bahrain Branch – Loan against Deposit Interest Rates (effective from April 18, 2017 till next change)

TERM LOAN

TenorRate in USD Rate in BHD
Upto 3 months 2.60% 3.70%
Greater than 3 months and upto 6 months 2.65% 3.85%
Greater than 6 months and upto 1 year 2.90% 4.60%
Greater than 1 year and upto 2 years 3.20% 4.65%
Greater than 2 years and upto 3 years 3.50% 4.75%

 

OVERDRAFT LOAN

TenorRate in USD (3mUSDLibor+)
Upto 3 months 1.35%
Greater than 3 months and upto 6 months 1.35%
Greater than 6 months and upto 1 year 1.50%

 

Processing Fee: 50 BHD or equivalent.

 

Please note: To avail Credit facility against deposits from ICIC Bank Bahrain branch, applicant should have an existing Relationship/Account.

 

ICICI Bank Limited's Bahrain Branch is Licensed and regulated as an overseas conventional retail bank by the Central Bank of Bahrain, located at Manama Centre, Manama, P.O. Box-1494, Bahrain.

 

Click here for the interest rate as on March 10, 2017 to April 17, 2017