ICICI Savings Account Requirements, Icici bank

ICICI Savings Account Requirements, Icici bank - 23 April

It's no surprise that you're interested in ICICI savings account requirements if you're reading this guide. Please take the time to read. Everything you need is right here.

As we can all attest, the attitude of saving money for tomorrow's needs has been a long-standing, positive one.

There have been many creative ways to save money in recent years. Savings accounts, which are available at a variety of financial institutions, are one of these.

Individuals have a plethora of savings account options with the Industrial Credit and Investment Corporation of India (ICICI).

Whatever your financial situation, there is one to choose from and begin saving money once you have met the ICICI savings requirements.

Please see the list below for the items you will need to open an ICICI savings account.

ICICI SAVINGS ACCOUNT REQUIREMENTS

The ICICI Savings account requirements are as follows:

Proof of identity: An applicant must submit a valid KYC document card like; a passport or voter ID.
Proof of residential address: any of these documents are accepted; a letter of allotment for accommodation, utility bill (issued not more than 2 months ago), or a Tax bill receipt.
A recently taken passport size picture
Complete and sign the account opening form
Minimum initial deposit

ICICI ACCOUNT REQUIREMENTS FOR A CHILD

The ICICI Savings account requirements for a child are as follows:

Identification with a valid ID for both the child and the guardian/parent.
Household address
Photograph of the parent/guardian in passport size
Use a birth certificate to prove a minor's birth.
A letter of declaration signed by the parent/guardian
The minimum opening amount is

SAVINGS ACCOUNT INTEREST RATE

The following is the interest rate on the ICICI savings account:

A daily balance of less than $50 earns 3% interest.

A day balance of $50 or more earns a 3.5 percent interest rate.

ICICI's savings account interest rate is in accordance with national banking regulations. These rates are calculated per day and applied to the account's closing balance, and they are paid quarterly.

For information on ICICI savings account requirements, visit https://www.icicibank.com/Personal-Banking/account-deposit/savings-account/documentation.page or call 1860 120 7777.

You can contact them via their social media handles;

Facebook: https://m.facebook.com/icicibank

Twitter: @ICICIBank

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ICICI Savings Account Requirements, Icici bank - 23 April