Documents Required

You can open a Basic Savings Bank Account by submitting:

(a) Complete Know Your Customer (KYC) documents, or

 

(b) Self attested photograph and signature /thumbprint (Basic Savings - Small Deposit Account)

a) Complete KYC documents

Accounts opened with complete KYC will not have cap on credit transaction limits. All the other features will remain the same.

b) Self attested photograph and signature/ thumbprint

(Basic Savings - Small Deposit Account) You can open a Basic Savings - Small Deposit Account by submitting a self-attested photograph and signature /thumbprint, if:

  • You are a resident individual and you do not have complete KYC documents like:
  • Photo ID proof as per the Bank's acceptable list of documents.
  • Address proof as per the Bank's acceptable list of documents.
  • At the time of account opening, you are unable to provide complete KYC documents.
  • You can provide evidence within 12 months from the date of account opening to have applied for any KYC document as specified by ICICI Bank.
  • You can provide valid KYC document within 24 months from the date of account opening.

Documents required:

Account opening form filled

 

Declaration form for Small Deposit Account filled from the customer. 

 

Self-attested photograph and signature/thumbprint.

Basic Savings - Small Deposit Account will be in credit freeze status on the below condition:

Customer is unable to provide valid KYC documents or evidence to have applied for valid KYC document to the Bank, within 12 months of account opening.

Basic Savings - Small Deposit Account will be frozen on following conditions:

  • Value of all credits during the financial year exceeds Rs 1,00,000, or
  • Day end account balance exceeds Rs 50,000, or
  • Total withdrawals in a month exceed Rs 10,000, or
  • Customer is unable to submit valid KYC documents to the bank within 24 months of account opening.
**New account opening under Basic Savings Bank Account with Introduction has been discontinued with effect from February 10, 2013.