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)
|Tenor||Rate 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%|
|Tenor||Rate 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.