ICICI Current Account

ICICI Current Account Minimum Balance and Charges

ICICI Bank Account Details – Current Account

ICICI Bank Current Accounts have been customised to meet the varied customer needs. Current Account are business accounts which provide unlimited daily transactions along with personalised services to help the businessmen and self employed professionals such as doctors, consultants, chartered accountants to conduct daily bank transactions. ICICI Bank also offers an overdraft facility under which a credit limit is offered to allow you to withdraw money as and when required to meet your working capital requirements.

ICICI Current Account Products

New Start Up Current Account

• Business networking with BizCircle which is an online platform to find both buyers and sellers for your products and services
• Preferential charges for import and export transactions
• Customised payment and collection solutions to suit your business model
• Minimum balance requirement is NIL
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

ShubhAarambh Current Account

• Free non cash transactions up to 50 times of the maintained MAB
• Titanium Debit Card charges of Rs. 250 waived off for the first year
• Freedom from maintaining minimum balance for six months
• Minimum balance requirement is NIL for first six months, Rs. 25,000 thereafter
• Charges for non maintenance of the minimum balance is Rs. 1,000 per month
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals
• Only Proprietorships can open this account
• Date of incorporation / registration of business should not be more than six months from date of account opening
• The proprietor should not have an existing Current Account with ICICI Bank

Smart Business Account

• Free non cash transactions of up to 50 times the maintained MAB
• Upto 200 free transactions of any type
• Minimum balance requirement is Rs. 25,000
• Charges for non maintenance of the minimum balance is Rs. 1,000 per month
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

Smart Business Account Gold

• Up to 300 free transactions of any type
• Locker Facilities and Auto Loan with discounted offerings
• Minimum balance requirement is Rs. 1 Lakh
• Charges for non maintenance of the minimum balance is Rs. 3,000 per month
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

Roaming Current Account Standard

• Free cash deposit upto Rs. 1 Lakh per month within the city of account opening
• Free 25 cheque leaves per month
• Minimum balance requirement is Rs. 10,000
• Charges for non maintenance of the minimum balance is Rs. 750
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

Roaming Current Account Classic

• Free cash deposit upto Rs. 2.5 Lakhs per month within the city of account opening
• Free 50 cheque leaves per month
• Minimum balance requirement is Rs. 25,000
• Charges for non maintenance of the minimum balance is Rs. 1,000
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

Roaming Current Account Premium

• Free cash deposit upto Rs. 5 Lakhs per month within the city of account opening
• Free 100 cheque leaves per month
• Minimum balance requirement is Rs. 50,000
• Charges for non maintenance of the minimum balance is Rs. 1,500
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

Roaming Current Account Gold

• Free cash deposit upto Rs. 1 Cr per month within the city of account opening
• Minimum balance requirement is Rs. 1 Lakh
• Charges for non maintenance of the minimum balance is Rs. 2,000
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

Roaming Current Account Gold Plus

• Free cash deposit upto Rs. 30 Lakhs per month within the city of account opening
• Free 600 cheque leaves per month
• Minimum balance requirement is Rs. 3 Lakh
• Charges for non maintenance of the minimum balance is Rs. 3,000
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

Roaming Current Account Platinum

• Free cash deposit upto Rs. 50 Lakhs per month within the city of account opening
• Free Business Banking Debit Card
• Minimum balance requirement is Rs. 5 Lakh
• Charges for non maintenance of the minimum balance is Rs. 2,500 if MAB more than 50 percent and Rs. 5,000 if MAB is less than 50 percent
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

Roaming Current Account Elite

• Free Business Banking Debit Card
• Minimum balance requirement is Rs. 10 Lakh
• Charges for non maintenance of the minimum balance is Rs. 5,000 if MAB is more than 50 percent and Rs. 10,000 if MAB less than 50 percent
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

Made2Order Account

• Flexibility in deciding the MAB
• Flexibility in deciding the higher free Limits in services which are required frequently
• Flexibility in choosing free cheque leaves
• Minimum balance requirement is Rs. 3 Lakh
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

Trade Current Accounts

• Digital alerts like E Advices, E Swift etc
• Preferential pricing for Cash Management Solutions, Locker Charges , Auto Loan and Personal accidental Insurance at the time of account opening
• Dedicated Relationship Manager for every Trade Current account
• Free inward remittances and E BRC issuance
• Minimum balance requirement is For Trade Basic Rs. 50,000 For Trade Gold Rs. 1 Lakh For Trade Platinum Rs. 5 Lakh
• Charges for non maintenance of the minimum balance is For Trade Basic - Rs. 1,500 per month For Trade Gold - Rs. 2,000 per month For Trade Platinum - Rs. 2,500 per month if MAB/MTP is more than 50 percent and Rs. 5,000 per month if MAB/MTP is less than 50 percent
• Cash withdrawal limit is Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals

ICICI Bank Current Account Eligibility

To open a ICICI Bank Current account, one needs to fulfil the following eligibility criteria:

• The individual applying for a current account requires authentic KYC documents.
• It can be opened by sole proprietors, partnerships, co-operative societies, Trustors, administrations and documentation.
• Further, ICICI Bank requires a minimum account balance of Rs. 25,000 to be maintained in its current account.

ICICI Bank Current Account Opening Procedure

A current account facility can be availed in any bank through both online and offline procedures. The online process to open a current account is more time saving and easy.

Online Process:

• Visit the Bank's website or the Bank's online current account portal.
• Select the 'Open current account' option.
• Fill in the personal details in the current account application form.
• Download the application form and submit the printed copy in the Bank on your next visit.

For the offline process, one needs to visit the nearest Bank in person, with the required documents.

ICICI Current Account Opening Documents

• Proof of identity – PAN card, voter ID card, passport, driving license
• Proof of address
• Recent Colour Photograph
• PAN/Form 49 A along with Form 60 if applied for PAN
• Account opening Cheque from existing Savings/Individual Current Account

FAQs on ICICI Bank Current Account