Senior Citizen Savings Account
Avail of our Senior Citizen Savings Account to get more returns on savings, more banking convenience and more benefits. Your life after retirement will be truly enriched after applying for this account.
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Avail of our Senior Citizen Savings Account to get more returns on savings, more banking convenience and more benefits. Your life after retirement will be truly enriched after applying for this account.
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 Senior Citizen 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.
Get SMS alerts, monthly email statements, passbook facility and anywhere banking
Avail of a higher interest rate on account balance in excess of Rs 75,000. Enjoy the liquidity of a savings account and interest rate of Fixed Deposits^.
Dedicated senior citizen desk gives you faster service at branches.
Locker facility with attractive discounts on annual rentals.
Save on your medical bills with benefits up to 15% off at Apollo Pharmacy.
Avail of mouth-watering deals at the finest restaurants across the country.
| 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
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:
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:
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:
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:
Click here for terms and conditions of Gold Plus 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:
• 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.
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 Senior Citizen – Regular Savings Account
Click here to know the service charges and fees of Senior Citizen – Silver Savings Account
Click here to know the service charges and fees of Senior Citizen – 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.
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 Senior Citizen Savings Account
^Applicable on Gold Plus variant of Senior Citizen Savings Account.
# Applicable on Titanium and Wealth variant of Retire Plus Savings Account.
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