icon_notification notification-animation 13

Want us to help you with anything?
Request a Call back

This field is required Only alphabetes are allowed
This field is required Only alphabetes are allowed
Please enter valid number
Please enter valid email
Please select product type
Please enter valid pincode

Thank you for your request.

Your reference number is CRM

Our executive will contact you shortly


2 mins Read | 5 Years Ago

iWish Goal based savings: Interest Rates, Tax Benefits & Advantages


Whether you want to save to buy the latest smartphone, go for a vacation with your family, surprise your partner on her birthday with jewellery, or be it for any other goal, iWish Goal based savings helps you achieve it effortlessly.

What is iWish?

iWish is an online flexible RD available to all ICICI Bank Savings Account holders at no extra cost. It’s an excellent way to save for a specific goal. You decide your goal, the amount you want to save for it, the time within which you want to achieve your goal and add funds to it, directly from your Savings Account. The biggest draw of iWish Goal based savings is that you can add funds to it anytime you want, and there are no restrictions on the amount you add each time.

Let’s take a closer look at a few outstanding benefits of opening an iWish Account.

Save with a specific goal in mind: You can create a specific goal — say travel, gadgets, home improvement, wedding, shopping and more. Once you define your goal, you have to specify the amount you need to reach the goal. By defining your goal and saving specifically for it, you are likely to save faster.

  • Highly flexible – Unlike other RDs, where you have to save a specific amount every month, in an iWish Goal based savings, you can save any amount at any time. For instance, if you have received your bonus on a particular month and have some extra cash, you can add it to your iWish Goal based savings Account to save for your goal. On the other hand, if you cannot spare any cash on a particular month, don’t worry. There are no penalties or other restrictions. You are in full control of how much fund you add to the account and when you add it.
  • Track your progress: – The iWish Goal based savings Account sends you frequent reminders on how much you have saved and how much of your goal is yet to be completed. This gives you the motivation to reach your goal faster.
  • Higher interest rates: The interest rates of iWish Goal based savings are higher than what you would earn if you parked your funds in your regular Savings Account.

Check out how much you can save with the iWish Goal based savings Calculator

Use the iWish Calculator to figure out the current RD interest rates that you can earn on your savings. This is a simple, easy-to-use calculator that gives you a clear picture of your iWish Goal based savings Account in a few minutes.

iWish Calculator fields: :

  • What you are saving for: Vacation, electronics, education, wedding, down payment, and others.
  • The amount you need: The minimum value is Rs 5000, while the maximum is Rs 5,00,000.
  • The tenure of your iWish Goal based savings: This specifies the time limit within which you want to achieve your goal. It can be anywhere from six months to five years.
  • Specify whether you’re a senior citizen: Senior citizens are offered higher interest rates
  • The frequency of your deposits: Specify whether you’ll be depositing once in a month or every fourteen days. Remember, this is just a guideline, and you can deposit whenever you want.

Once you have given all the details, the calculator specifies the interest you earn, how much you need to save every month (or every fortnight), the maturity amount and the interest you earn on it.

Final thoughts: iWish Goal based savings, the most convenient way to make your wishes come true The iWish Goal based savings from ICICI Bank is an effortless way to realise your goals. Start an iWish Goal based savings Account today and enjoy higher interest rates on your savings, monitor your progress, contribute regularly and make all your wishes come true.



For disclaimer, Click Here

People who read this also read

View All


View All
2 mins Read | 2 Years Ago
iWish by ICICI Bank FAQs

Scroll to top