ICICI Bank launches Easy Deposit card

Mumbai: ICICI Bank Ltd yesterday announced the launch of Easy Deposit Card, a credit card available to the bank's customers with a fixed deposit account.

The card will be offered free to both existing and new customers, said a press release. The card will be available with fixed deposits of tenure one year and above with a minimum balance of Rs 40,000 and Rs 20,000 required in the account depending on whether the variant is Gold or Silver.

A credit limit of up to 90 per cent of the fixed deposit value will be offered till the deposit is active.