presenting
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Entrepreneur
 
 
ICICI Bank introduces ‘iStartup 2.0’, the country’s most comprehensive solution for start-ups that offers a range of banking services and beyond banking services to help entrepreneurs like you to set up firm and digitise rapidly. It also caters to specific needs of your startup business through calibrated industry specific solutions. Whether you are a new startup or in the growth stage, iStartup 2.0 is the right solution for your business.
 

To open Startup Current Account

Apply Now

SMS STARTUP to 5676766

#SmallStepForABigLeap

QAB waiver

up to one year*

Industry
specific

Calibrated solutions

Exclusive
Insta Salary

proposition

Networking

opportunities on BizCircle and Knowledge sharing platforms

Premium
saving account

for promoters

Single Account

for trade and banking transactions

QAB waiver

up to one year*

Industry
specific

Calibrated solutions

Exclusive
Insta Salary

proposition

Networking

opportunities on BizCircle and Knowledge sharing platforms

Premium
saving account

for promoters

Single Account

for trade and banking transactions

Solutions catering for every industry

IT and Services

IT & Services

Experience API Banking & accounting solutions like Connected Banking & many more banking solutions
Know More
Healthcare

Healthcare

Banking solutions specially curated to meet salary accounts and collection requirement
Know More
Real estate

Real Estate

Solution to cater to your banking requirements like RERA, Online Tax payment, Loans, etc.
Know More

To open Startup Current Account

Apply Now

SMS STARTUP to 5676766

Choose your own iStartup 2.0 Variants

iStartup 2.0

Gold

QAB requirement upto

₹100,000

iStartup 2.0

Platinum

QAB requirement upto

₹500,000

iStartup 2.0

Silver

QAB requirement upto

₹25,000

Eligibility

iStartup 2.0 is a startup bank account that can be opened within 10 years of date of incorporation of business

You are eligible if you fall under any of the following categories and have businesses to run:

  • Partnership Firms and Limited Liability Partnerships (LLPs)
  • Private and Public Limited Companies and One Person Companies (OPCs)

It tells you why ICICI Bank iStartup 2.0 is the best Current Account to open for startups

Encompasses all the iStartup 2.0 Solutions for

 
industry
Tackling industry
specific issues
customized_features
Highlights the
customised features
privileges
Exciting offers, privileges suite through concierge services
 

To open Startup Current Account

Apply Now

SMS STARTUP to 5676766

An exclusive Startup Assist Alliance package

Set up day-to-day operational activities of your business

Services Offered
  • Company Registration, ROC Filing & Compliance
  • GST/ IT-Related Service
  • Property Registration
  • Stamp Paper & Franking
  • And much more

360-degree digital enhancement of your business

Digital leap for your startup (Powered by NowFloats) at 30% discount

Identity Pack

  • Website creation
  • Secured Domain Booking
  • Customer call tracking

Ecommerce Pack

  • Product & Serviced catalog
  • Appointment Booking/ ordering
  • Newsletter & subscription

Digital Marketing Pack

  • IVR with customer call tracking
  • Unlimited content
  • Chatbot

Discounted services customised for startup needs

IT Hardware
 

Complimentary printer and hard drive worth ₹10,000 on purchase of laptop

Advertise on
Disney + Hotstar

100% complimentary ad credits up to ₹50,000*

Office
Supplies

20% discount

Workspace
Solutions

10% discount on work-from-home kit
*Terms and Conditions apply.

FAQs on iStartup Current Account

  • What is the eligibility for opening an iStartup2.0 Account?
  • iStartup 2.0 can be opened within ten year of date of incorporation of business.You are eligible if you fall under any of the following categories and have businesses to run:

       • Partnership Firms and Limited Liability Partnerships (LLPs)
       • Private and Public Limited Companies and One Person Companies (OPCs)
  • What are the documents required to open an iStartup Current Account?
  • For documentation required for opening Startup Account click here.
  • What are the benefits of iStartup 2.0 Current Account?
  • iStartup 2.0 offers you a complete range of digital, business & personal banking benefits with exclusive concierge services consisting of exciting offers, exclusively for startup customers.
  • How is minimum Quarterly Average Balance (QAB) calculated?
  • No QAB requirement up to 1 year. For first two quarters, no minimum QAB requirement and for next two quarters, minimum QAB can be waived off if the customer gets activated on online banking platform such as Corporate Internet Banking or InstaBIZ mobile application within two months of account opening.
  • Is this Account only for a startup or for small businesses?
  • This account can be opened by business with vintage up to 10 years.
  • Do I need to update GSTIN in iStartup Current Account?
  • No it's not mandatory, but we recommend as in case the customer wants to take input tax credit from Bank’s invoice.
  • What is the minimum balance for the iStartup Account?
  • iStartup Account has three variants and minimum QAB depends on the variant opted by you. For iStartup 2.0 Platinum – ₹5,00,000 (QAB) ; iStartup 2.0 Gold – ₹1,00,000 (QAB) & iStartup 2.0 Silver – ₹25,000 (QAB).
  • What are the charges of iStartup Current Account?
  • For details of charges, you may click here.
  • Is there a penalty for not maintaining minimum Quarterly Average Balance (QAB)?
  • Yes for non-maintaince of QAB, charges will be levied. click here to view charges.
  • What are the types of iStartup Current Account?
  • There are 3 variants of iStartup current account iStartup 2.0 Platinum, iStartup 2.0 Silver and iStartup 2.0 Gold.
  • Can an existing ICICI Bank Current Account customer open another account under iStartup 2.0 Variant?
  • No
  • By when can the customer get activated on CIB/ InstaBIZ to get zero QAB requirement for 2 more quarters?
  • CIB/ InstaBIZZ should be activated by M + 2 month. For eg:

       • Account Opened: 27th August 2020 The customer should be activated on CIB/InstaBIZ latest by Oct 31, 2020
       • Account Opened: 15th Sep 2020 The customer should be activated on CIB/ InstaBIZ latest by Nov 30, 2020
  • Are the iStartup variants applicable for RIBG?
  • Yes
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