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ICICI Bank (UK)

ICICI Bank (UK)

Claim up to £50 for opening your first savings account (terms apply) ›
0.40
%
AER
1 year | GBP
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  • FSCS protects deposits up to £85,000 per person

All offers from ICICI Bank (UK)

0.25 % AER variable
45 day
0.35 % AER variable
95 day
0.10 % AER variable
Easy Access
0.35 % AER
9 months
0.40 % AER
1 year
0.40 % AER
2 years
0.40 % AER
3 years
0.40 % AER
5 years

About ICICI Bank (UK)

ICICI Bank UK plc was established in the UK in 2003 and offers a range of personal, business, corporate and investment banking services in the UK and Europe. The bank is a subsidiary of ICICI Bank Limited, which has over 60 years of experience in finance and a presence in 17 countries.

Bank details

Year established: 2003
Number of customers: 250000

Security and deposit guarantee

Deposits are eligible for protection by the Financial Services Compensation Scheme (FSCS) http://www.fscs.org.uk/. The FSCS is the United Kingdom’s statutory deposit guarantee scheme that covers deposits in individual savings accounts up to £85,000, per banking group regulated by the Financial Conduct Authority or the Prudential Regulation Authority. It is available for deposits with most UK high-street and online banks and means if the bank fails, and deposits become unavailable, the scheme may cover your deposit account deposit up to the £85,000 per person, per banking group limit.

Compensation limits are per person per firm, not per deposit. Be aware that if you have other deposits with this bank (or banking group) then the £85,000 protection applies only to eligible deposits up to this limit.

Timescales for the return of your money can vary between different banks and banking groups. This bank holds funds under a trust model. Funds held under a trust model can take up to three months to be returned, but in most cases will be returned sooner than this.

Who is Raisin?

At Raisin UK, we have one mission; to help you save time and make money. In Europe, Raisin has already helped over 150,000 consumers get competitive rates on their savings and now we're shaking up the UK savings market.

The Raisin UK savings marketplace is designed to provide savers with an easy way to apply, manage and fund savings products - all with attractive rates.

By registering for a Raisin UK Account, you'll only ever need to fill in one application form to enjoy simple one-click funding on a range of savings products from our partner banks.