Key features of our Fixed Rate Accounts:
> Benefit from a high fixed interest rate on your savings:
  2.00% AER for 6 months
  3.40% AER for 12 months
  3.60% AER for 18 months
  4.25% AER for 24 months
  4.70% AER for 36 months
  4.50% AER for 48 months
> Relax in the knowledge your interest rate won’t change during the term
> Save a lump sum of at least £1,000 (no maximum)
> Choose when you receive your interest – monthly (on the last day of every month. If the last day is not a working day, interest will be paid on the next working day) or annually (on the anniversary of account opening).
If you choose to receive interest annually, interest is paid at maturity on accounts with a term of less than 1 year. Interest is paid annually on all other terms
> No additional deposits, withdrawals or early closures can be made during the fixed term
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Knowing your money is safe and secure is important. You may like to know we are a UK Bank and:
. Part of a banking group that looks after 25 million customers worldwide.
. Authorised and regulated by the Financial Services Authority
. A member of the UK Financial Services Compensation Scheme
Best 2,3 and 4 years Fixed Rate Bond, July'09
To open a HiSAVE Fixed Rate Account:
> You must be a UK resident aged 18 or over
  Please note: the UK does not include the Channel Islands and the Isle of Man
> You will need to provide the account number and sort code of a UK Bank or Building Society current account held in your name(s)
  The account must have a chequebook and offer Direct Debit payment facilities.
This account will be your nominated account – the account from which the cheque for your lump sum deposit must come
> You must be able to save at least £1,000 for the term of your choice
>
You must have a valid email address Get Started
 
 
Key product information for HiSAVE Fixed Rate Accounts
Account name HiSAVE 6 month, 12 month, 18 month, 2, 3 & 4 Year Fixed Rate Accounts
Interest rates (AERs) For full details of our current rates see below
Tax status Interest is paid net unless you register that you are entitled to
receive gross interest
Conditions for bonus Not applicable
Withdrawal arrangements No withdrawals permitted during the fixed term
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Annual Interest Rates:
1.99% Gross / 2.00% AER for 6 month term, 3.40% Gross/ 3.40% AER for 12 month term, 3.60% Gross/3.60 % AER for 18 month term, 4.25% Gross/ 4.25% AER for 24 month term, 4.70% Gross/ 4.70% AER for 36 month term, 4.50% Gross/ 4.50% AER for 48 month term.
Monthly Interest Rates:
1.99% Gross / 2.00% AER for 6 month term, 3.34% Gross/ 3.40% AER for 12 month term, 3.55% Gross/ 3.60% AER for 18 month term, 4.17% Gross/ 4.25% AER for 24 month term, 4.60% Gross/ 4.70% AER for 36 month term, 4.41% Gross/ 4.50% AER for 48 month term.
AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Gross is the interest rate payable before the deduction of tax (currently 20%). Interest rates are fixed. Terms and conditions apply and can be found at hisave.co.uk.

Issued by ICICI Bank UK PLC, One Thomas More Square, London E1W 1YN. ICICI Bank UK PLC is authorised and regulated by the Financial Services Authority (registration number: 223268) and is a 100% owned subsidiary of ICICI Bank Limited.
   
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