ICICI Zero Balance Account
ICICI Zero Balance Bank Account is a savings account for people who want to open a new bank account without any minimum balance account.There are two types of ICICI Bank Balance Account: ICICI Insta Save Account and ICICI Basic Savings Account Deposit Account. We will compare different features and advantages about this bank given in below-
ICICI Zero Balance Account
|Category||Zero/Basic Balance Savings Account|
|Interest Rate||4.00%, Half-yearly basis.|
|Card Offered||ICICI Bank Debit Card|
ICICI Savings Account Services Offered
ICICI Savings Account Features
|ATM Transaction Charges (ICICI & non-ICICI ATMs)||5 transactions are free of charge.|
|Cheque book||One cheque book is free of charge.|
|Cash Deposit Facility||Unlimited cash deposit transactions to the bank branches|
|Cash Transactions||4 transactions are free of charge.|
|Debit Card Charges||No charges on ICICI Bank Debit Card|
|Debit Card Transaction Limit||Daily spending limit – Rs 10,000;
Daily Withdrawal limit – Rs 10,000
ICICI Basic Savings Account Fees & Charges
|Cash Withdrawal Charges (base branches)||First 4 withdrawals are free of charge in a month. .|
|Cash Withdrawal Charges (non-base branches)||Rs 90 charged per withdrawal for non-base branches.|
|Cash Deposit Charges (base branches)||No charge at base branches.|
|Cash Deposit Charges (non-base branches)||Rs 90 charged per transaction for non-base branches.|
|ATM transactions (ICICI ATMs)||First 5 transaction are free of charge. After Rs 20 for financial transactions.|
|ATM transactions (non ICICI ATMs)||Rs 8.50 charged per financial transactions for non-ICICI ATMs|
|Debit Card Fee||Nil|
|Multi-city cheque payment Charges||Nil|
|SMS Alerts Charge||Rs 15/-|
|Cheque Book Issue||Rs 20 per cheque book.|
|Outstation Cheque Collection Charges||Up to 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 and above Rs. 1 lakh – Rs. 200 per instrument.
How to open ICICI Bank’s Insta Saveing Account?
ICICI Zero Balance Account Opening Process:
Step 1. you need to visit the official website.
Step 2. Click To The Apply Online Button.
Step 3. You Can find the option ‘Insta Save account’ and ‘Insta Save FD’ account.
Step 4. Click to the ‘Apply’.
Step 5. Then opening your form, select your gender, age, marital status, occupation, education, income range, residential status.
Step 6. Then Enter your mobile number, email id, PAN card number and click to the Continue button.
Step 7. Enter the OTP sent your registered mobile number.
Step 8. Enter your Aadhaar number and click to the Proceed. Then enter the OTP sent your registered mobile number & Aadhaar number to continue with the process.
Step 9. Add your details.
Step 10. Add your address.
Step 11. Check the details, and review all correct, then click to continue.
Step 12.Accept to the all Terms and Conditions.
Step 13. Complete the process and open an FD ccount within 3 months of online account opening.
Your account will be created successfully and a bank official will contact you to complete the KYC process.
Note when opening an account –
- Indian citizens (above 18 years) will apply to the bank account.
- Individuals who don’t have any relationship with the bank then open to the bank account.
- Customers can save a maximum 1 lakh rupee. After the KYC verification no maximum limit.
- To complete your KYC, bank representative will call to you fix the appointment for biometric verification.
FAQs All About “ICICI zero balance account”?
1.Who can apply Insta Save Account?
Ans. Indian citizens (above 18 years) will apply to the Insta Save account.
2.What is Insta Save account?
Ans. Insta Save account is an online savings account.
3.How Can I apply Insta Save Account?
Ans. You will to visit the official website https://www.icicibank.com/. Then you click to the apply online button. Complete the whole process.
4.Who can apply ICICI Bank zero balance account online?
Ans. Indian citizens (above 18 years) will apply to the ICICI Bank zero balance account. Visit the official website https://www.icicibank.com/. Then you click to the apply online button. Complete the whole process. The bank representative will call you within 48 hours.