ICICI Regular Income Bond

ICICI Regular Income Bond

Highlights

Monthly Income Plan : Earn 10.10% p.a.
Payable monthly for 3 years (Option 1)
Earn 10.60% p.a. for 3 years (Option 3)

Face Value of Rs 5000/- and redemption at Face Value, i.e., Rs.5,000/-.

Option	I	II	III
Minimum Application (Rs.)	15,000/-	10,000/-	5,000/-
Redemption Period (Years)	3	3	3
*Interest (%) (p.a.)**	10.10	10.30	10.60
Interest Payable	Monthly	Half-Yearly	Annually
Yield to Investor (%)*	10.60	10.60	10.60

* Subject to TDS as per the then prevailing tax laws.

Review

The cross section of schemes offered by the ICICI Regular Income Bond has schemes to suit the requirements of every kind of investor. The monthly income scheme is specifically suited to the needs ot retired pensioners and senior citizens who are on the lookout of regular income. More importantly, this bond provides a hedge against declining interest rates. Under the more likely scenario of declining interest rates it would be a good idea for investors to lock in their money under the Regular Income Bond.

Top / Back

Bond Home / Karvy Home