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
September 19, 2010
Benchmark
3 month USD LIBOR
0.29%
6 month USD LIBOR
0.47%
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
 230 2.59% 180 2.27%
24 months
 280 3.09% 230 2.77%
36 months
 240 2.69% 190 2.37%
48 months
 210 2.39% 160 2.07%
60 months
 180 2.09% 130 1.77%
 
 
Benchmark
3 month USD LIBOR
0.29%
6 month USD LIBOR
0.47%
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
 235 2.64% 185 2.32%
24 months
 285 3.14% 235 2.82%
36 months
 245 2.74% 195 2.42%
48 months
 215 2.44% 165 2.12%
60 months
 185 2.14% 135 1.82%
 
* 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 0.25734%