Important
Gross : It is the contractual rate of interest payable before the deduction of income tax at the rate specified by the applicable laws which is 20% currently. Thus, it is the rate before the deduction of tax applicable to interest on savings.

AER: AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year.

This product is subject to terms and conditions. Prior to availing of any product or service, please familiarize your self with all the terms and conditions pertaining to the product/service, available at www.icicibank.co.uk