Probably the easiest way to convert one’s foreign earnings in India to carry out regular banking transactions in the country, ICICI Bank has rolled out the Non-Resident External savings account for NRIs. With this NRE savings account, NRIs do not have to pay tax on the deposits and the interest accrued in the account and they can freely repatriate funds in and out of the country. The ICICI Bank Non-Resident External (NRE) Savings Account also comes with a free money exchange facility at the most competitive exchange rates in the market.
All Non-Resident Indians are eligible for the ICICI Bank Non-Resident External (NRE) Savings Account.
When submitting the account opening form at any of the ICICI Bank branches, NRI customers will have to submit the following documents.
All the copies of the above mentioned documents will have to be attested by the applicant.
All documents mentioned above will have to be attested by the applicant.
To be eligible for this NRE savings account, the NRI applicant will have to submit copies of the below listed documents:
All documents mentioned above will have to be attested by the applicant.
Applicants applying to open the ICICI Bank Non-Resident External (NRE) Savings Account outside India will have to submit the below listed documents:
The student is required to attest all the above mentioned documents when submitting them along with the application form.
Here too, the student is required to attest all the above mentioned documents when submitting them along with the application form.
To open a seafarer account, the applicant will be required to submit the following KYC documents.
Charge Type | Details |
Minimum Monthly average balance | Rs.10,000 |
Charges for non maintenance of minimum Monthly average balance | Rs.100 + 5% of the shortfall in required MAB |
Waiver of non-maintenance of MAB charges | Charges if applicable would be waived off provided the customer remits a cumulative sum of Rs.20,000 or more in the last 3 months in the account. |
Cash transactions at base branch | Free |
Cash Withdrawals by customer or customers representative to the debit of the customers own Savings Account at a non-base branch | Free |
Cash deposit by customer or customers representative to the credit of the customers own Savings Account at a non-base branch | Free |
ATM withdrawal at non-ICICI Bank ATMs | Free for first 5 withdrawals for the month. Rs.20 will be charged from the 6th withdrawal onwards. |
ATM withdrawal at ICICI Bank ATMs | Free |
Overseas ATM withdrawals | Rs.125 per cash withdrawal |
Overseas balance enquiry and PIN change | Rs.25 |
Overseas mini statement request | Rs.25 |
For purchase and ATM transactions outside India at all VISA enabled POS and ATM Machines | Conversion charge of 3.5% |
Quarterly statement | Free |
Monthly e-statement | Free |
Issue of Duplicate Statement at local branch | Rs.100 per statement |
DD - Issue by deposit of cash | Rs.4 per Rs.1,000 - subject to a minimum of Rs.100 and a maximum of Rs.15,000. |
DD - Cancellation / Duplicate / Revalidation | Rs.100 per DD |
Issue of DD drawn on ICICI Bank by cheque/transfer | Rs.50 for DD up to Rs.10,000. For DD more than Rs.10,000, Rs.3 will be charged per Rs.1,000 - subject to a minimum of Rs.75 and a maximum of Rs.15,000. |
PO - Issue | Rs.75 for PO of up to Rs10,000 For PO above Rs.10,000 - Rs.2.50 per thousand rupees - subject to a minimum of Rs.75 and maximum of Rs.15,000 |
PO - Cancellation / Duplicate / Revalidation | Rs,100 per PO |
NEFT Charges - Inward | Free |
NEFT Charges Outward | Upto Rs.10,000 – Rs.2.5 per transaction. Rs.10.001 to Rs.1 lakh – Rs.5 per transaction. Rs.1 lakh to Rs. 2 lakhs – Rs.15 per transaction. Above Rs.2 lakhs - Rs.25 per transaction. |
RTGS - Outward | Rs.2 lakh to Rs.5 lakh – Rs. 25 per transaction. Rs.5 lakh and above – Rs.50 per transaction |
RTGS - Inward | Free |
EFT Charges- inward | Free |
EFT Charges- outward | Free |
ECS Debit Returns | Rs.350 per return |
ECS Credit Returns | Free |
Charges for certifying or verifying customer mandates | Free |
Cheque Collection Local | Free |
Local cheque deposited by customer | Rs.100 for every cheque return |
Cheque issued by customer | Rs.350 for one cheque return per month; Thereafter, Rs.750 per return in the same month for financial reasons; Rs.50 for non-financial reasons except for signature verification. Transfer cheque returns will be charged at Rs.350 per return for financial reasons. |
Outstation cheque deposited by customer | Rs.150 + other bank charges per cheque |
Outward Return Charges – Local | Rs.100 + other bank charges per cheque |
Outward Return Charges – Upcountry | Rs.150 + other bank charges per cheque |
Enrolment fee | Free |
Annual Silver debit card fee | Rs.199 +GST |
Annual Platinum debit card fee | Rs.299 + GST |
Annual World debit card fee | Rs.399 + GST |
Replacement Card fees (Lost / Damaged card) | Rs.375 |
Debit Card PIN re-generation Charges | Free |
Decline of transaction at any ATM or point of sale (POS) due to insufficient balance in the account | Rs.25 per transaction |
Setting-up-charge | Rs.150 per standing instruction |
Amendment charge | Rs.25 per amendment |
Locker charges | Varied with branches |
Execution charge involving payment through DD/PO | Depends on scale of remittance plus Rs.25 |
Reissue of ATM / Debit Card and Pins | Rs.375 |
Reissue of Internet Banking User ID | Rs.375 |
Reissue of Internet Banking passwords | Rs.375 |
Reissue of Cheque Book | Rs.375 |
Balance Certificate | Rs.50 per certificate for balance in Savings Account and Fixed Deposit Account |
Interest Certificate | Rs.50 per certificate |
Account closure | Rs.500 for closure within 30 days. No charges after 30 days. |
Retrieval of old transactional documents / Enquiries related to old records | Upto 1 year old - Rs.50 per record More than 1 year old - Rs.100 per record. |
Photo attestation | Rs.100 per application letter |
Signature attestation | Rs.50 per application letter |
Address confirmation | Rs.50 per application letter |
Inoperative account | No charges |
Penalty on Deposit of cash in collector box | A charge of Rs.100 will be levied. If the deposit amount is above Rs.500 the charge will be Rs.300. If the customer repeats instances of cash deposits through cheque drop box, he/she will have to pay an enhanced charge of Rs.500 for any amount. |
Stop Payment charges | Rs.50 per cheque and Rs.100 for range of cheques covered in single mandate. If the customer stops the cheque payment through Internet Banking and Customer Care (IVR), no charge will be levied. |
Lien marking and unmarking of savings account | Rs.50 for marking of lien Rs.50 for unmarking of lien |
Reissue of Internet user id or password ( through Branch or non IVR Customer Care) | Rs.375 |
Cheque Books | Free |
Multi City cheque payment | Free |
Outstation cheque collection –through ICICI Bank branch locations | Upto Rs.5,000 – Rs.25 per instrument. Rs.5,001 to Rs.10,000 – Rs.50 per instrument. Rs.10,001 to Rs.1 lakh – Rs.100 per instrument. Above Rs.1 lakh - Rs. 200 per instrument. |
Outstation cheque collection –through non ICICI Bank branch locations | Upto Rs.5,000 – Rs.25 per instrument. Rs.5,001 to Rs.10,000 – Rs.50 per instrument. Rs.10,001 to Rs.1 lakh – Rs. 100 per instrument. Above Rs.1 lakh - Rs.200 per instrument |
Issue of pass book | Free if branch is local |
Issue of duplicate pass book | Free |
Issue of loose cheque leaves | Rs.125 for cheque book of 5 leaves (Rs.25 per leaf) |
Credit Card:
Credit Score:
Personal Loan:
Home Loan:
Fixed Deposit:
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