ICICI Savings Account

ICICI Bank, renowned for its diverse banking solutions, offers a variety of Savings Accounts tailored to your needs. Whether you’re a young professional, a seasoned investor, or someone who simply wants to manage daily finances effortlessly, there’s an ICICI Savings Account perfect for you.

Home Banking ICICI Savings Account
Features and Services of ICICI Bank Savings Account
  • Convenience: Enjoy anytime, anywhere banking with ICICI’s award-winning mobile app and internet banking platform. Manage your account, pay bills, transfer funds, and more with ease.
  • High-interest rates: Earn competitive interest rates on your savings, helping your money grow steadily.
  • 24/7 customer support: Get assistance whenever you need it through call centers, branches, or online chat.
  • Wide ATM network: Access your cash conveniently with over 10,000 ATMs across India.
  • Debit card benefits: Choose from a range of debit cards tailored to your spending habits, offering rewards, cashback, and other exclusive benefits.
  • Add-on facilities: Enhance your account with features like overdraft protection, standing orders, and bill pay services.
Types of ICICI Bank Savings Accounts
  • Regular Savings Account: Ideal for everyday banking needs with basic features and minimum balance requirements.
  • Insta Save Account: Open an account instantly online with no paperwork or branch visits.
  • Salary Savings Account: Get exclusive benefits and higher interest rates if your salary is credited to this account.
  • Senior Citizen Savings Account: Specially designed for senior citizens with additional benefits and concessions.
  • Savings Account for Minors: Start building a secure future for your child with a dedicated savings account.
ICICI saving account minimum balance and Interest rates
Account TypeMinimum Balance (₹)Interest Rate (%)
Regular Savings Account (Urban/Metro)10,0003.00
Regular Savings Account (Rural)5,0003.00
Insta Save Account03.00
Salary Savings Account (Urban/Metro)10,0003.00
Salary Savings Account (Rural)5,0003.00
Senior Citizen Savings Account04.00
Savings Account for Minors03.00
ICICI Bank Savings Account charges
ChargeEstimated Monthly Cost (₹)
Minimum balance penalty (average)25
ATM withdrawals beyond free limit (4)300
Non-cash ATM transactions (5)Free
Cash deposits at non-home branch (once)50
Cheque issuance (1 local cheque)50
Non-financial transactions (6)21
NEFT/RTGS charges (online)Free
Total estimated monthly charges416
 ICICI Savings Account Opening

There are two primary ways to open an ICICI Savings Account:

Online Account Opening:


Quick, convenient, paperless, and can be done from anywhere.

Account Types Available: 

Most ICICI Savings Accounts can be opened online, excluding accounts requiring specific documentation like Salary Savings Account.


  • Visit the ICICI Bank website and choose the desired account type.
  • Fill out the online application form with your details.
  • Provide Aadhaar authentication and complete a video KYC (Know Your Customer) verification.
  • Fund your account with the minimum balance through online transfer or debit card.
  • Your account will be activated within a short period.

Branch Account Opening:


Personalized assistance, suitable for those unfamiliar with online procedures or requiring specific account types.


  • Visit an ICICI Bank branch near you.
  • Discuss your needs with a representative and choose the suitable account type.
  • Submit the required documents (identity proof, address proof, KYC documents).
  • Fill out the physical application form.
  • Fund your account with the minimum balance through cash, cheque, or debit card.
  • Your account will be activated within a short period.

Documents Required:

  • Identity proof: PAN card, passport, Aadhaar card, etc.
  • Address proof: Utility bills, rental agreement, etc.
  • KYC documents: As per government regulations (may vary based on your circumstances).

Activate Your Account:

  • Visit the bank branch or use internet banking/mobile app to activate your account.
  • Follow the instructions provided by the bank to activate your account successfully.

Start Using Your Account:

  • Once activated, you can start using your ICICI Savings Account for various banking transactions.
  • Enjoy the benefits and services offered by ICICI Bank tailored to your financial needs.