| Dear Customer, |
| We are pleased to launch Floating Rate Savings Bonds, 2020 (Taxable) on ICICIdirect.com. |
| The newly launched bonds have floating interest rate option. The rates will be linked with prevailing National Saving Certificate (NSC) rate with a spread of (+) 35 bps over the respective NSC rate. |
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| Once you apply, you will receive a Certification of Holding with the Bond Ledger Account number and your Bonds can be viewed in the Holdings section of FD/Bonds page. |
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| #Residents Individuals and HUFs are eligible to invest. Resident Individuals can apply online through ICICIdirect.com. |
| ^Premature redemption shall be allowed for specified categories of senior citizens. |
| **Transferable to a nominee(s)/legal heir in case of death of the holder of the bonds. |
