Current Affairs Economy & Banking

ICICI Bank launches new FD scheme “FD health”

Category : Economy & Banking

  ICICI Bank has launched a fixed deposit scheme called FD Health, that comes with an in-built critical insurance policy. The FD Health – Critical illness Cover will be provided to only the primary holder of the FD account. Anyone in the age bracket of 18-50 years, gets this complimentary insurance cover for a year on 33 critical illnesses. For the first year, free of cost insurance cover will be provided which can be renewed later. The new FD scheme from ICICI bank offers a complimentary critical illness cover of Rs. 1 lakh from ICICI Lombard General Insurance Company on opening an FD of Rs. 2 lakh to Rs. 3 lakh for a tenure of at least two years. The critical illness cover will be available on Cumulative FDs opened for a period of a minimum of 2 years.
Source: The Indian Express


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