ICICI Bank - Know More Info about Products Offered & Banking Services
ICICI Bank was established by the Industrial Credit and Investment Corporation of India (ICICI) in 1994 and is currently one of India’s largest private sector banks. The bank’s headquarters is in Vadodara. In India, the bank has more than 5,000 branches. Apart from branches, more than 15,000 ICICI Bank ATMs are present in the country.
Globally, subsidiaries of ICICI Bank are present in Canada and the United Kingdom with branches in South Africa, China, Dubai International Finance Centre, Oman, Qatar, Hong Kong, Bahrain, Singapore, and the United States. ICICI Bank branches and ATMs are present in more than 15 countries across the world.
Several products such as savings accounts, Fixed Deposits (FDs), Recurring Deposits (RDs), car loans, two-wheeler loans, home loans, credit cards, and personal loans are offered by ICICI Bank. You can apply for several products online and the process is simple. The net banking and mobile banking facilities offered by the bank ensure that you can access the account details easily.
Products Offered by ICICI Bank
Some of the products that are offered by ICICI Bank are mentioned below:
Deposit Accounts
Various deposit accounts are offered by ICICI Bank and some of them are listed below:
- Salary Account - The Salary Account is offered to both employees and employers. Under the account, no minimum balance needs to be maintained. Phone banking and a personalised chequebook are offered free of cost.
- Savings Account - ICICI Bank offers a host of features and benefits under the savings account. You have the option to open an account online. Cashback and rewards benefits are offered under the bank’s savings account.
- Defence Salary Account - The account has been designed for Defence Personnel and helps them meet their banking needs.
Cards
Several cards are offered by the bank that you can apply for online, some of which are given below:
- Debit Card - Several debit cards are offered by ICICI Bank that comes with different features and benefits. Payments can be made easily with the help of a debit card.
- Credit Card - Different credit cards are offered by ICICI Bank and come with several benefits. You can apply for a credit card online and the process is simple.
Investments
ICICI Bank offers several investment options. Certain schemes can be applied online as well. Some of the investment schemes that are offered by the bank are mentioned below:
- Recurring Deposit - ICICI Bank offers the RD scheme at attractive interest rates. The tenure of the scheme ranges from 6 months to 10 years.
- Fixed Deposit - The FD scheme offered by ICICI Bank comes with competitive interest rates. Senior citizens may be offered an additional interest rate. The FD account can be opened online.
Loans
Various loans are offered by ICICI Bank, some of which are listed below:
- Gold Loan - Up to Rs.1 crore may be provided as a loan by ICICI Bank under the scheme. The documentation process is simple and the loan can be availed for various purposes.
- Education Loan - Up to Rs.2 crore may be provided as an education loan by ICICI Bank. The loan can be used for higher studies in India or abroad.
- Pradhan Mantri Mudra Yojana - Loans of below Rs.10 lakh are provided under the scheme. The three different products under the scheme are Tarun, Kishore, and Shishu.
- Car Loan - Car loans can be availed for the purchase of new cars and used cars. ICICI Bank offers the car loan scheme at an attractive interest rate.
- Two-Wheeler Loan - ICICI Bank offers the two-wheeler loan at an attractive interest rate. Up to 100% of the on-road price of the bike may be provided as a loan.
- Personal Loan - You can apply for the personal loan offered by ICICI Bank online. Up to Rs.50 lakh may be provided as a loan.
- Home Loan - Depending on the type of loan, up to Rs.10 crore may be provided. The repayment tenure may be up to 30 years.
Banking Services
Some of the banking services that are offered by ICICI Bank are mentioned below:
- Customer Care - You can call ICICI Bank’s customer care number in case of queries.
- Net Banking - The net banking facility offered by ICICI Bank allows you to access various banking services online.
- Mobile Banking - You can download the ICICI Bank’s mobile app on your smartphone. Various banking services can be accessed on the mobile app.
- Balance Inquiry - You can check the ICICI Bank balance via calling customer care, mobile banking, net banking, etc.
FAQs on ICICI Bank
- What is the minimum deposit to open an FD account with ICICI Bank?
The minimum deposit is Rs.10,000 to open an FD account with ICICI Bank.
- Are Commercial Cards offered by ICICI Bank?
Yes, Commercial Cards are offered by ICICI Bank. The Commercial Cards provided by the bank come with Reward Points, Card Based Billing, and Transaction Limit Controls.
- What is the tenure of the FD scheme offered by the bank?
ICICI Bank’s FD scheme comes with a tenure ranging between 7 days and 10 years.
- What is the repayment tenure of the car loan scheme offered by ICICI Bank?
The repayment tenure of the car loan scheme offered by the bank is up to 7 years for a new car.
- What are the minimum age criteria that must be met to apply for a personal loan with ICICI Bank?
You must be more than 23 years old to apply for a personal loan with ICICI Bank.
- Are Forex services offered by ICICI Bank?
Yes, Forex services are offered by ICICI Bank. The Forex Prepaid Cards that are provided by the bank are loaded with several currencies such as HKD, NZD, THB, ZAR, CAD, EUR, AUD, and USD.
- Are life insurance products offered by ICICI Bank?
Yes, life insurance products are offered by ICICI Bank. Some of the insurance products that are offered by the bank are vehicle insurance, travel insurance, and life insurance.
- Does ICICI Bank offer car insurance?
Yes, car insurance is offered by ICICI Bank. Cashless services can be availed at over 4,300 network garages in case you opt for the car insurance offered by the bank.
- Is ICICI Bank a private or public bank?
ICICI Bank is a private sector bank.
Disclaimer
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
Copyright © 2025 BankBazaar.com.