Instant Account Opening

Exciting Offers & Discounts

Earn reward points on your Debit Card

Secure Internet & Mobile Banking

14,300+ ATMs all over India

This is the Senior Citizen Bank Account from ICICI Bank that is for customers above 60 years of age. It is a Savings Account for Senior Citizens which allows them to carry out all their banking transactions without having to wait in queues. Additionally, with this Savings Account for Senior Citizens, they can also avail of a hospitalization allowance of up to Rs 30,000. The ICICI Seniors Club Savings Account also offers a higher interest rate than a regular savings account on the account balance in excess of Rs 75,000. It is important to note that the Senior Citizen Bank Account also offers secured returns and tax-saving benefits with Government-backed Senior Citizen Savings Scheme.

Special discounts and offers

Interest Rate 3-3.5%
Eligibility

Resident Individual (sole or joint account), Foreign National and Hindu Undivided Family (HUF) customers, above the age of 60 years.

Identity & Address Proof

Any one of the following documents would serve as proof of identity & address (OVD) of the Customer.

 

• Passport

• Driving Licence issued by Regional Transport Authority

• Voter ID

• Job card issued by NREGA signed by State Government Officer

• Letter from National Population Register

• Proof of possession of complete Aadhaar number

 

Communication Address proof: If the above address proof does not contain communication address, then the following documents can be considered as proof of address. In such cases customer to update the OVD with communication address and submit to bank in 3 months of account opening.

 

• Utility Bill not older than 2 months (electricity, telephone, post-paid mobile phone, piped gas, water bill).

• Property Tax Bill or Municipal Tax receipt not older than one year.

• Letter of allotment for accommodation from employer issued by State Government or Central Government Departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies

• Leave and licence agreement with any of the above employers. Agreement to contain Customer’s name as Employee.

• Pension or family pension payment orders issued to retired employees by government departments or public sector undertakings, if they contain the address.

You can apply for ICICI Bank Savings Account through any of the below channels.

 

Apply for Savings account online. Apply Now

Send an SMS 'TAB' to 5676766

Visit nearest ICICI Bank Branch

Seniors Club – Regular Savings Account

Eligibility Criteria: The account is available for Resident Individual (sole or joint account), Foreign National and Hindu Undivided Family (HUF) customers, above age of 60 years.

Minimum Monthly Average Balance (MAB): ₹4,500

Features:

  • With a dedicated Senior Citizen Desk at branches, there’s no need to wait in a queue.
  • Exciting discount offers and Visa privileges on Debit Card.
  • Free unlimited access to ATMs of all banks.
  • Free unlimited cash transactions at branch.
  • Free value-added services like SMS alerts, monthly e-mail statements and passbook facility.
  • The Money Multiplier facility provides the liquidity of a Savings Account along with the high earnings of a Fixed Deposit (FD). Click here to know more
  • Banking made convenient with Doorstep Banking service.
  • Facility to invest in Senior Citizens Savings Schemes with assured returns and tax benefit under Section 80C.
  • Get complimentary personal accident insurance protection and purchase protection cover on your Savings Account. Click here to know more

Seniors Club – Silver Savings Account

Eligibility Criteria: The account is available for Resident Individual (sole or joint account), Foreign National and HUF customers, above age of 60 years.

Minimum MAB: ₹25,000

Features:

  • With a dedicated Senior Citizen Desk at branches, there’s no need to wait in a queue.
  • Exciting discount offers and Visa privileges on Debit Card.
  • Get cash withdrawal limit of ₹50,000 per day and transaction limit of ₹100,000 per day.
  • The Money Multiplier facility provides the liquidity of a Savings Account along with the high earnings of an FD. Click here to know more
  • Banking made convenient with Doorstep Banking service.
  • Free unlimited access to ATMs of all banks.
  • Free unlimited cash transactions at branch.
  • Free value-added services like SMS alerts, monthly e-mail statements and passbook facility.
  • Free online transactions through Real Time Gross Settlement (RTGS) and National Electronics Funds Transfer System (NEFT).
  • No charges on Demand Draft (DD)/ Pay Order (PO) up to ₹100,000 per day.
  • Free anywhere banking across all branches.
  • 15% discount on annual fee of Safe Deposit lockers.
  • Facility to invest in Senior Citizens Savings Schemes with assured returns and tax benefit under Section 80C.
  • Get complimentary personal accident insurance protection and purchase protection cover on your Savings Account. Click here to know more

Seniors Club – Gold Privilege Savings Account

Eligibility Criteria: The account is available for Resident Individual (sole or joint account), Foreign National and HUF customers, above age of 60 years.

Minimum MAB: ₹50,000

Features:

  • Hospitalization allowance up to ₹30,000 – get hospital cash benefit up to ₹1,000 per day for a maximum period of 30 days. This complimentary benefit is available for customers up to age of 65 years and is valid for 1 year only. Click here to know more.
  • With a dedicated Senior Citizen Desk at branches, there’s no need to wait in a queue.
  • Exciting discount offers and Visa privileges on Gold Privilege Debit Card.
  • Get cash withdrawal limit of ₹75,000 per day and transaction limit of ₹125,000 per day.
  • The Money Multiplier facility provides the liquidity of a Savings Account along with the high earnings of an FD. Click here to know more.
  • Banking made convenient with Doorstep Banking service.
  • Free unlimited access to ATMs of all banks.
  • Free unlimited cash transactions at branch.
  • Free value-added services like SMS alerts, monthly e-mail statements and passbook facility.
  • Free online transactions through RTGS and NEFT.
  • No charges on DD/ PO up to ₹150,000 per day.
  • Free anywhere banking across all branches.
  • 20% discount on annual fee of Safe Deposit locker.
  • Waiver on Trading Account opening fee and Demat Annual Maintenance Charges (AMC) for the first year.
  • Facility to invest in Senior Citizens Savings Schemes with assured returns and tax benefit under Section 80C.
  • Get complimentary personal accident insurance protection and purchase protection cover on your Savings Account. Click here to know more

Seniors Club – Gold Plus Privilege Savings Account

Eligibility Criteria: The account is available for Resident Individual (sole or joint account), Foreign National and HUF customers, above the age of 57 (for defence personnel, the age criteria will be 50 years and above and they should be retired).

Minimum MAB: ₹50,000

Features:

  • Earn FD interest rate on account balance in excess of ₹75,000 through FD created in multiples of ₹25,000. Enjoy the liquidity of a Savings Account when the balance falls below ₹75,000. The FD created will be broken down in multiples of ₹5,000.
  • Hospitalization allowance up to ₹30,000 – get hospital cash benefit up to ₹1,000 per day for a maximum period of 30 days. This complimentary benefit is available for customers up to age of 65 years and is valid for 1 year only. Click here to know more.
  • With a dedicated Senior Citizen Desk at branches, there’s no need to wait in a queue.
  • Exciting discount offers and Visa privileges on Gold Privilege Debit Card.
  • Get cash withdrawal limit of ₹75,000 per day and transaction limit of ₹125,000 per day.
  • Banking made convenient with Doorstep Banking service.
  • Free unlimited access to ATMs of all banks.
  • Free unlimited cash transactions at branch.
  • Free value-added services like SMS alerts, monthly e-mail statements and passbook facility.
  • Free online transactions through RTGS and NEFT.
  • Free multi-city chequebook.
  • No charges on DD/ PO up to ₹150,000 per day.
  • Free anywhere banking across all branches.
  • 20% discount on annual fee of Safe Deposit locker.
  • Facility to invest in Senior Citizens Savings Schemes with assured returns and tax benefit under Section 80C.
  • Get complimentary personal accident insurance protection and purchase protection cover on your Savings Account. Click here to know more.

Click here for terms and conditions of Gold Plus Privilege Savings Account.

Seniors Club – Titanium Privilege Savings Account

Eligibility Criteria: The account is available for Resident Individual (sole or joint account), Foreign National and HUF customers, above age of 60 years.

Minimum MAB: ₹125,000

Features:

  • Hospitalization allowance up to ₹30,000 – get hospital cash benefit up to ₹1,000 per day for a maximum period of 30 days. This complimentary benefit is available for customers up to age of 65 years and is valid for 1 year only. Click here to know more.
  • Dedicated Branch Relationship Manager to address banking and investment needs
  • With a dedicated Senior Citizen Desk at branches, there’s no need to wait in a queue
  • Exciting discount offers and Visa privileges on Titanium Privilege Debit Card.
  • Get cash withdrawal limit of ₹100,000 per day and transaction limit of ₹150,000 per day
  • The Money Multiplier facility provides the liquidity of a Savings Account along with the high earnings of a Fixed Deposit. Click here to know more.
  • Banking made convenient with Doorstep Banking service
  • Free unlimited access to ATMs of all banks
  • Free unlimited cash transactions at branch
  • Free value-added services like SMS alerts, monthly e-mail statements and passbook facility
  • Free online transactions through RTGS and NEFT
  • Free multi-city chequebook
  • Complete waiver on DD/ PO charges
  • Free anywhere banking across all branches
  • 40% discount on annual fee of Safe Deposit locker
  • Waiver on Trading Account opening fee and Demat AMC for the first year
  • Facility to invest in Senior Citizens Savings Schemes with assured returns and tax benefit under Section 80C
  • Get complimentary personal accident insurance protection and purchase protection cover on your Savings Account. Click here to know more.

Retire Happy Gold Savings Account

Eligibility:

  • Account can be opened by all those who are of age 55 years and above.
  • Pensioners can open this account and authorize it for disbursement of pension (Civil, Defence, EPFO).
  • All those who have opted for voluntary retirement with age 50 years and above are also eligible for this account.
  • Senior Citizen benefits such as Higher FD rates and investment in Senior Citizen Savings Scheme is available only after attaining 60 years of age.

Minimum MAB: No commitment required on minimum Monthly Average Balance (MAB), provided you fulfill any one of these criteria:

A minimum investment of ?10 lakh across Senior Citizen Savings Scheme, FD, MF, Equity and Annuities within 6 months from retirement or 6 months from your 60th birthday, whichever is earlier.

(Or)

A minimum monthly pension credit of at least Rs 25,000 within 8 months of account opening.

Features:

  • Complimentary hospitalization allowance up to Rs 30,000 – get hospital cash benefit up to Rs 1,000 per day for a maximum period of 30 days. This benefit is available for customers up to age of 65 years and is valid for 1 year only. Click here for more details.
  • With a dedicated Senior Citizen Desk at branches, there’s no need to wait in a queue.
  • Freedom from account balance maintenance on either doing investments or crediting the account with regular monthly pension.
  • Exciting discount offers and Visa privileges on Gold Privilege Debit Card.
  • Get cash withdrawal limit of Rs 75,000 per day and transaction limit of Rs 1,25,000 per day.
  • The Money Multiplier facility provides the liquidity of a Savings Account along with the high earnings of an FD. Know More.
  • Free unlimited access to ATMs of all banks.
  • Free unlimited cash transactions at the branch.
  • Free value-added services like SMS alerts, monthly email statements and passbook facility.
  • Free online transactions through RTGS and NEFT.
  • No charges on DD/ PO up to Rs 1,50,000 per day.
  • Free anywhere banking across all branches.
  • 20% discount on annual fee of Safe Deposit locker.
  • Waiver on Trading Account opening fee and Demat AMC for the first year.
  • Air Accident Insurance of Rs 30 lakh, Personal Accident Insurance of Rs 5 lakh and purchase protection of Rs 1 lakh. To know more, click here.
  • Get mouth-watering deals at the finest restaurants across the country. To know more, click here.
  • Save on your medical bills round the year with benefits up to 15% off at Apollo Pharmacy. To know more, click here.
  • Get the first Online Doctor Consultation at Rs 11 and further up to 60 % Off on Unlimited Online-consultation through DocsApp Membership. To know more, click here.

Retire Plus Titanium Savings Account

Eligibility:

  • Account can be opened by all those who are of age 55 years and above.
  • Pensioners can open this account and authorize it for disbursement of pension (Civil, Defence, EPFO).
  • All those who have opted for voluntary retirement with age 50 years and above are also eligible for this account.
  • Senior Citizen benefits such as Higher FD rates and investment in Senior Citizen Savings Scheme is available only after attaining 60 years of age.

Minimum MAB: No commitment required on minimum Monthly Average Balance (MAB), provided you fulfill any one of these criteria:

A minimum investment of Rs 20 lakh across Senior Citizen Savings Scheme, FD, MF, Equity and Annuities within 6 months from retirement or 6 months from your 60th birthday, whichever is earlier.

(Or)

A minimum monthly pension credit of at least Rs 50,000 within 8 months of account opening.

Features:

  • Complimentary hospitalization allowance up to Rs 30,000 – get hospital cash benefit up to Rs 1,000 per day for a maximum period of 30 days. This benefit is available for customers up to age of 65 years and is valid for 1 year only. Click here for more details.
  • Dedicated Branch Relationship Manager to address banking and investment needs.
  • Freedom from account balance maintenance on either doing investments or crediting the account with regular monthly pension.
  • Exclusive Concierge Services catering to your needs across dining, travel, medical, events, shopping, fitness and lifestyle.
  • With a dedicated Senior Citizen Desk at branches, there’s no need to wait in a queue.
  • Exciting discount offers and Visa privileges on Titanium Privilege Debit Card.
  • Get cash withdrawal limit of Rs 1,00,000 per day and transaction limit of Rs 1,50,000 per day.
  • The Money Multiplier facility provides the liquidity of a Savings Account along with the high earnings of a Fixed Deposit. Know More
  • Free unlimited access to ATMs of all banks.
  • Free unlimited cash transactions at the branch.
  • Free value-added services like SMS alerts, monthly email statements and passbook facility.
  • Free online transactions through RTGS and NEFT.
  • Free multi-city cheque book.
  • Complete waiver on DD/ PO charges.
  • Free anywhere banking across all branches.
  • 40% discount on annual fee of Safe Deposit locker.
  • Waiver on Trading Account opening fee and Demat AMC for the first year.
  • Air Accident Insurance of Rs 40 lakh, Personal Accident Insurance of Rs 10 lakh and purchase protection of Rs 1.5 lakh. To know more, click here.
  • Get mouth-watering deals at the finest restaurants across the country. To know more, click here.
  • Save on your medical bills round the year with benefits up to 15% off at Apollo Pharmacy. To know more, click here.
  • Get the first Online Doctor Consultation at Rs 11 and further up to 60 % Off on Unlimited Online-consultation through DocsApp Membership. To know more, click here.

Retire Happy Wealth Savings Account

Eligibility:

  • Account can be opened by all those who are of age 55 years and above.
  • Pensioners can open this account and authorize it for disbursement of pension (Civil, Defence, EPFO).
  • All those who have opted for voluntary retirement with age 50 years and above are also eligible for this account.
  • Senior Citizen benefits such as Higher FD rates and investment in Senior Citizen Savings Scheme is available only after attaining 60 years of age.

Minimum MAB: No commitment required on minimum Monthly Average Balance (MAB), provided you fulfill any one of these criteria:

A minimum investment of Rs 30 lakh across Senior Citizen Savings Scheme, FD, MF, Equity and Annuities within 6 months from retirement or 6 months from your 60th birthday, whichever is earlier.

(Or)

A minimum monthly pension credit of at least Rs 1,00,000 within 8 months of account opening.

Features:

  • Complimentary hospitalization allowance up to Rs 30,000 – get hospital cash benefit up to Rs 1,000 per day for a maximum period of 30 days. This benefit is available for customers up to age of 65 years and is valid for 1 year only. Click here for more details.
  • Dedicated Relationship Manager supported by a team of experts on Loans, Investments, Property, Personal Banking and Business Banking.
  • Freedom from account balance maintenance on either doing investments or crediting the account with regular monthly pension.
  • Exclusive Concierge Services catering to your needs across dining, travel, medical, events, shopping, fitness and lifestyle.
  • Complimentary and personalised International Debit Card.
  • Air Accident Insurance of Rs 50 lakh, Personal Accident Insurance of Rs 10 lakh and purchase protection of Rs 2 lakh. To know more, click here.
  • Get cash withdrawal limit of Rs 1 lakh per day and transaction limit of Rs 2 lakh per day.
  • Maximum 2 free access per quarter per card at the participating Airport lounges.
  • The Money Multiplier facility provides the liquidity of a Savings Account along with the high earnings of a Fixed Deposit. Know More
  • Free unlimited access to ATMs of all banks.
  • Free unlimited cash transactions at the branch.
  • Free value-added services like SMS alerts, monthly email statements and passbook facility.
  • Free online transactions through RTGS and NEFT.
  • Free multi-city cheque book.
  • iMobile app with Insta SIP and Money Coach features that understand your risk profile and assist in real-time portfolio rebalancing.
  • Complete waiver on DD/ PO charges.
  • Dedicated Customer Care helpline.
  • Online Chat and Click to Call facility for faster resolution.
  • Free anywhere banking across all branches.
  • 45% discount on annual fee of Safe Deposit locker.
  • Waiver on Trading Account opening fee and Demat AMC for the first year.
  • Get complimentary personal accident insurance protection and purchase protection cover on your Savings Account. To know more, click here.
  • Get mouth-watering deals at the finest restaurants across the country. To know more, click here.
  • Save on your medical bills round the year with benefits up to 15% off at Apollo Pharmacy. To know more, click here.
  • Get the first Online Doctor Consultation at Rs 11 and further up to 60 % Off on Unlimited Online-consultation through DocsApp Membership. To know more, click here.

Avail amazing welcome vouchers worth Rs 9,500+ within 45 days of payment of joining fees.

 

• You can request for transfer of your Savings Account from one branch of ICICI Bank to another through Internet Banking or our Customer Care.

 

• Alternatively, you can submit a written request at the nearest ICICI Bank branch. Account will be transferred in 2 working days

 

• Without Suspending the account operations

 

• Without Change in the account number

 

• Without Surrender of Debit Card or cheque book.

 

To know more about redemption of vouchers and other terms and conditions, click here.

• You can nominate a person as beneficiary to your account proceeds.

 

• Nomination facility available for bank deposits.

 

• There can be only one Nominee for a deposit account whether held singly or jointly.

 

• A person legally empowered to operate a minor's account can file a nomination on behalf of the minor.

 

• Applicants can make nomination by filling up the Form prescribed under the Banking Companies (Nomination) Rules 1985.

 

• The nomination details can be changed during the subsistence of the account relationship by filling up the Form prescribed under the Banking Companies (Nomination) Rules 1985.

 

• For details, visit the nearest branch.

Service Charges & Fees

Click here to know more about Complimentary Group Safeguard Insurance that gives hospitalization allowance up to ₹30,000

Click here to know the service charges and fees of Seniors Club – Regular Savings Account

Click here to know the service charges and fees of Seniors Club – Silver Savings Account

Click here to know the service charges and fees of Seniors Club – Gold Privilege Savings Account, Gold Plus Privilege Savings Account & Titanium Privilege Savings Account.

Click here to read terms and conditions governing the Retire Happy Savings Account.

Our calculator enables you to calculate the Monthly Average Balance (MAB) required to be maintained in your account based on inputs provided by you. Click here to proceed.

To know about the Pension process - Civil, Defense, EPFO

To know about Pension related FAQs – Civil, Defense, EPFO

Terms and Conditions of ICICI Bank and third parties apply. ICICI Bank is not responsible for third party goods, products, services and offers.

*Complimentary Group Safeguard Insurance with Hospital Daily Cash benefit is applicable only on Gold, Gold Plus and Titanium variant of Seniors Club Savings Account

^Applicable on Gold Plus variant of Seniors Club Savings Account.

# Applicable on Titanium and Wealth variant of Retire Plus Savings Account.

Scroll to top

arrow