Bahrain
We offer competitive Interest rates for Floating rate term deposits in USD currency
Minimum Deposit Amounts:
Currency Amount
USD
5,000

ICICI Bank Limited Bahrain Branch Floating Rate Term Deposits (effective from January 22, 2012 )
Benchmark
3 month USD LIBOR
0.56%
6 month USD LIBOR
0.79%
Tenor
Deposits < USD 100,000
Deposits < USD 100,000
Spread over benchmark
(bps)
Interest rate for 1st Interest period*
Spread over benchmark (bps)
Interest rate for 1st Interest period*
12 months
 215 2.71% 194 2.73%
24 months
 215 2.71% 200 2.79%
36 months
 210 2.66% 197 2.76%
48 months
 219 2.75% 205 2.84%
60 months
 215 2.71% 205 2.84%
 
 
Benchmark
3 month USD LIBOR
0.56%
6 month USD LIBOR
0.79%
Tenor
Deposits >= USD 100,000
Deposits >= USD 100,000
Spread over benchmark
(bps)
Interest rate for 1st Interest period*
Spread over benchmark (bps)
Interest rate for 1st Interest period*
12 months
 240 2.96% 219 2.98%
24 months
 240 2.96% 225 3.04%
36 months
 235 2.91% 222 3.01%
48 months
 244 3.00% 230 3.09%
60 months
 240 2.96% 230 3.09%
 
* Interest rates specified are applicable for the first Interest Period
Interest Period for the Floating Rate Deposit shall be for:
Three calender months, in case the Interest Rate Benchmark specified in the form is 3 Month LIBOR; or
Six calender months, in case the Interest Rate Benchmark specified in the form is 6 Month LIBOR
The above rates are applicable for Term Deposits booked by Individuals Only. For Corporates and other entities kindly contact ICICI Bank Bahrain on +973-17576161

Please note that the above rates are indicative and subject to change without prior notice.

1 Month USD LIBOR 0.28100%
Click here for the interest rate as on to November 30, 2011 to January 21, 2012
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.