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How To Open ICICI Bank Account?

Updated on: 16 Jan, 2024 05:49 PM

ICICI Bank is one of the largest private sector banks in India, offering a wide range of saving and current accounts for the individuals as well as for corporates to meet the banking needs and support them with financial aid when required. Variety of saving bank account schemes held with ICICI bank made it most favorable by the customers, who enjoy the privilege of best banking service in the county.

Eligibility to Open an ICICI Bank Account

  • Applicant must be 18 years old in case of minor’s parents or legal guardians can open the account.
  • Must be the citizen of India
  • The government approved valid identity proof.

Documents Required For Opening ICICI Bank Account

  • PAN Card
  • Proof of identity – Driving license, Voter’s ID, Aadhaar Card etc.
  • Proof of address – Driving license, Voter’s ID, Aadhaar Card etc.
  • 2 latest passport size photographs
  • Form 16 (Only when the PAN is not applicable)

Process to open ICICI Bank Account Offline

Step by step procedure to open an account in ICICI Bank Offline is as follows-

  1. Visit the nearest branch of ICICI bank. Go to customer relation desk in the bank, the executive will assist you in opening the account. He will give you the form for opening the account.
  2. Read the form carefully and fill it. If you’re an individual applying for the account then the following documents you must carry are
    • Proof of identity – Aadhaar card, Passport, Driving license, Voter’s ID etc.
    • Proof of Address – Aadhaar card, Passport, Driving license, Voter’s ID etc.
    • 2 latest passport size photographs
    • PAN card
    • Form 16 (Only when the PAN is not applicable)
  3. Note, fill all the fields where it is required in order to avoid rejection of the application. In case of facing any issue while filling the form, he/she can contact the executive of the bank for assistance.
  4. Once the form is filled and you are ready with the above-mentioned documents, the bank executive will verify the documents and ensure the name, address, date of birth, signature and so on.
  5. When the verification is completed, the applicant will have to make an initial deposit, depending on the minimum balance.
  6. Once the deposit has been made, the executive of the bank will hand you a bank account passbook along with a debit card if you filled the option in the form with regard to the savings account.

Process to open ICICI Bank Account Online

Step by step procedure to open an ICICI bank account Online can be understood as follows-

  1. Visit the homepage of ICICI bank, select ‘Apply online’.
  2. Click on Savings account and then select ‘Apply Now’
  3. Enter the ‘Aadhaar card number’ and indicate that you agree to the following terms and click on Proceed.
  4. Enter the OTP code from UIDAI to which you will be sent to you on Aadhaar registered mobile number. Click on continue.
  5. Verify your name on the screen which is matches with your Aadhaar details. Enter the details in the given fields and click continue.
  6. Give the basic and address details in the given fields and click on next.
  7. Enter the PINCODE of your area, it will assign you the nearest ICICI bank in your area.
  8. Click on continue, the system will direct to Add money, Get account number instantly. Now you can add money through net banking or credit card. Else click on SKIP option.
  9. It will generate your account application ID and branch Code of your bank. You can visit the branch with required KYC documents or banks executive will come to your home for the verification.
  10. Be ready with documents to be submitted along with the minimum required amount that to be deposited in the account. Once the verification is done you will get the account number and passbook along with the credit card.

Enjoy the services offered by ICICI bank.


Types of ICICI Savings Accounts

There are different types of bank accounts offer by ICICI bank, to meet the need of everyone.

Type of Savings Account Interest Rate Minimum Balance Required Offers and Features
Basic Savings Account 4.00% Not Required Zero balance savings account operated under PMJDY,Free Passbook,Free personalized RuPay Debit card and cheque leaves.
Young stars Savings Account 4.00% Rs.2,500 Minor above 10 years old can operate on their own, Debit money from parents account to Young stars account.
Senior Citizens Savings Account 4.00% Rs.5,000 Personal accident insurance protection covers on Debit card, Discounts on annual locker rentals,Earn FD interest rates on account balance exceeding Rs.75,000.
Advantage Women’s Savings Account 4.00% Rs.10,000 Unlimited Free access to all the ATMs, Nominations facility, provides money multipliers, low-interest rates on home loans and personal loans.
Pocket Savings Account 4.00% Not Required ‘Digital Bank’- virtual storage of money,Uses Facebook credentials to log in,Instant mobile recharges, pay utility bills
Regular Savings Account 4.00% Rs.10,000 (in Metro)Rs.5,000 (in semi-urban)Rs.2,500 (in Rural areas) Locker Facility,5 free ATM withdrawals at any banks’ ATM each month,Free debit card,
Silver Savings Account 4.00% Rs.25,000 15% discount on annual locker rentals,Free debit card,Unlimited access to other banks ATMs
Gold privilege Savings Account 4.00% Rs.50,000 20% discount on annual locker rentals,Free debit card,Unlimited access to other banks ATMs
Titanium Privilege Savings Account 4.00% Rs.1,25,000 40% Discount on annual locker rentals,Free debit card,Nomination facility,Discounts on Trading accounts
Three -in-one Account NA Depending on Bank norms Savings Account, Trading and Demat Account available in this scheme.Free debit card,Unlimited access to other banks ATMs,Net Banking and regular updates on NSE and BSE,MFs investment is available.

Frequently Asked Questions

Q- How can I choose a current account?

There is a wide range of current accounts available to each and every business. Depending upon your daily transactions and size of your business you can customize your account or choose the best weapon from the arsenal.


Q- What are the benefits for the senior citizen savings account?

The account is very useful for the senior citizen, you can get your monthly pension linked to it. Higher interest rates for the senior citizens and the best benefits on insurance covers.

Read More-

ICICI Bank Fixed Deposit (FD)Rates
ICICI Bank RD(Recurring Deposit) Rates
ICICI Net Banking – A Complete Guide
How To E-Verify ITR Using ICICI Bank Net Banking
Know How To Link Aadhaar Card With ICICI Bank Account

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CA Abhishek Soni
CA Abhishek Soni

Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2Win.in. Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.