ICICI offers a wide choice of savings accounts to meet different customer needs. This is the basic savings account with no minimum monthly balance required to maintain. You can open it online free of charge.
Together with the account you will get a free ICICI debit card which you can use for bank transactions, of which four per month are free at your ICICI home branch. You can also deposit money without any charges from your home bank.
The interest rate accrued on your savings is 3.50% for up to Rs. 50 lakhs and then it becomes 4.00%. The interests are equivalent to other Indian savings accounts.
You can open this ICICI savings account under Pradhan Mantri Jan-Dhan Yohana PMJDY. This is a plan from the Ministry of India which allows account users to have a free passbook, a personalized Rupay debit card and free cheque books.
Advantages:
Who can open this account?
Accessible to all Indian residents over 18 who do not process another savings account at ICICI Bank.
ICICI Bank:
ICICI India’s largest private bank with multinational presence in 19 countries. Across India, there are more than 14,000 ATMs and almost 5,000 branches. ICICI is a trusted and famous bank with many options. It offers a wide range of multiple banking products and financial services also including its savings accounts.
