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
May 05, 2010
Benchmark
3 month USD LIBOR
0.25%
6 month USD LIBOR
0.43%
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
 220 2.45% 170 2.13%
24 months
 255 2.80% 205 2.48%
36 months
 200 2.25% 150 1.93%
48 months
 150 1.75% 100 1.43%
60 months
 110 1.35% 60 1.03%
 
 
Benchmark
3 month USD LIBOR
0.25%
6 month USD LIBOR
0.43%
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
 225 2.50% 175 2.18%
24 months
 260 2.85% 210 2.53%
36 months
 205 2.30% 155 1.98%
48 months
 155 1.80% 105 1.48%
60 months
 115 1.40% 65 1.08%
 
* 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 0.23344%