FAQs (Frequently asked Questions)

Is there an entry fee for the quiz?

No, there is no entry fee for the quiz.

Are there any rewards for participation in the quiz?

All participants that are existing Value Banking, Privilege Banking and Wealth management customers will get gift vouchers on completed participation.

What is the maximum limit of rewards that a participant can win?

Maximum 1 reward can be won by an individual participant.

How to participate in the quiz?

Step 1: Log on to www.whatsyoursaving.com .

  • Register for the quiz with entering your email ID and password registered with ICICI Bank.
  • While setting the password, please DO NOT use your net banking password
  • You will get a One Time Password (OTP), the same has to be entered on the site
  • Once your registration is complete you will reach the quiz page
  • You have to enter your outstanding loan amount, remaining loan tenure and rate of interest of your existing Home Loan. You are allowed to submit your participation entry just once, so please ensure you enter correct information
  • Please note: You will be eligible for prizes only if you submit your Home Loan statement. The information you enter (outstanding loan amount, remaining loan tenure and rate of interest of your existing Home Loan) has to be as per your loan statement
  • Your timer will start as soon as you click on the Take the quiz tab.
  • You will have to calculate your Home Loan outstanding amount by entering details of your your existing Home Loan , and then calculating the same with ICICI Banks rate of interest of 8.35% p.a. or that rate as applicable.
  • The difference between the two will be your SAVING!
How do I participate for the quiz?

Just follow these simple steps:

  1. Register yourself for 'What's Your Saving?'
  2. Input your Home Loan details: Outstanding loan amount, remaining tenure, rate of interest
  3. Calculate your current Home Loan's total outstanding including interest at the end of tenure
  4. Calculate your total outstanding at ICICI Bank's interest rate (8.35% p.a.) at the end of same tenure
  5. Just enter the difference in the 2 above amounts. This is your saving!

Let's see a simple example:

Your outstanding loan amount is: Rs. 30,00,000
Remaining tenure is: 15 years
Existing rate of interest is: 9%
Your total Home Loan out pay at the end of tenure: Rs. 70,50,000

If you change the rate of interest to 8.35% (offered by ICICI Bank), your total Home Loan out pay at the end of tenure: Rs. 67,57,500

So your saving is: Rs. 70,50,000 - Rs. 67,57,500 = Rs. 2,92,500

Please note: You will be eligible for the prize only on submission of your Home Loan statement. The information entered by you for the quiz (outstanding loan amount, remaining tenure and rate of interest) has to match your Home Loan statement with a variation of 25%.

I am not a Privilege Banking customer of ICICI Bank but my daughter is. Am I eligible to participate in the quiz?

The quiz is open to all customers of ICICI Bank, however only Value Banking, Privilege Banking and Wealth Management customers will be eligible for any of the rewards. You can participate in the quiz and will be eligible for the reward if you any one of the above.

I have already submitted an entry, but I would like to change my answer, can I submit again?

No, you cannot replace your existing entry with a new one, once it has been submitted.

Once I have submitted my entry, how will I know I have won and when will I receive the rewards if I am declared a winner?

You will receive an e-mail communication if you are a winner. However, you will be eligible for the quiz only once you submit your Existing Home Loan statement. The rewards will be delivered to your registered address within 120 days after the end of the quiz.

What happens in case of a tie?

In the event of a tie, wherein the participants have mentioned the correct savings amount and the time taken to answer is different, and then the participant mentioning the correct amount in the shortest duration would be declared as the winner.

In the event of a tie, wherein both the participants have quoted the correct amount in the same duration, then the participant who has responded first will be declared as the winner.

Why do I need to register for the quiz?

Registering ensures that we have your correct information and that you have read and accepted the terms and conditions for the ‘Whats Your Saving?’ Quiz.

What are the rewards for the quiz?

We will be declaring a winner every 2 days.
Winners will receive iPhone
There are total 15 iPhones to be won.

How do I get to know the time taken for my attempt?

You can check the time taken for the attempt by logging in using your registered User ID and Password for the quiz.

Can I attempt more than once for the quiz?

Only one attempt is permitted for the quiz.

How do I redeem my gift voucher?

A promo code will be provided to you through which you can redeem the discount voucher.You will need to use only ICICI Bank payment channels to redeem the voucher.

ICICI Bank Home Loan rate is indicative and it may vary from case to case basis.