January 4, 2014 8:55 am
Can some one tell me how often is interest credited in ICICI bank’s iWish account?
Is it quarterly or half yearly?
This page says that its quarterly
PAYMENT OF INTEREST :
Interest on the Recurring Deposit/s placed / opened under this Program shall be credited / deposited in the Recurring Deposit Account/s at the end of each calendar quarter, at the applicable rates as communicated to the Customer/s at the time of placing / opening the Recurring Deposit/s. Such interest rates shall be in accordance with RBI directives issued from time to time.
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