A storage stable crystalline Form II of ivabradine hydrochloride having characteristic X-ray powder diffraction peaks at about 15.50°, 18.02°, 19.00°, 19.80°, 22.42°, 24.16°, and 25.46°±0.2° (2θ) comprising a packaging which includes placing crystalline ivabradine hydrochloride in a non-permeable bag placing the non-permeable bag in polyethylene bag, optionally containing oxygen busters and sealing it placing the polyethylene bag in a triple laminated bag, optionally containing oxygen busters and sealing it placing the triple laminated bag inside a high density polyethylene (HDPE) container and sealing it.