ICICI Bank launches new FD scheme “FD health”

ICICI Bank has launched a new Fixed Deposit (FD) scheme - FD Health. The scheme offers FD with a health benefit through a critical illness coverage. Customers will be offered a complimentary insurance cover of Rs 1 lakh.

The FD Health scheme provides the customer 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 tenure of at least two years. The customers, who are in the age bracket of 18-50 years, get a complimentary insurance cover for a year on 33 critical illnesses including specified severities related to cancer, lung disease, kidney failure, liver disease and benign brain tumor, Alzheimer’s disease and Parkinson’s disease.