In this digital age, banks are one of the ideal options to fulfill the financial needs of customers. ICICI Bank is one of the private banks that offers reliable financial services to its customers. It was established in 1994 and offers innovative banking solutions that cater to the desires of customers. Moreover, the commitment of the ICICI Bank to customer satisfaction and a vast network of ATMs sets its reputation apart. In this detailed blog, we will explore different services, account opening methods, and branches of ICICI Bank in the UAE.
ICICI Bank
| Account Type | Account Opening Fee | Monthly Maintenance Fee | Minimum Balance Requirement | Overdraft Charges |
| NRE Savings Account | AED 0 | AED 0 | AED 1,500 (approx.) | 1-2% monthly on overdraft amount |
| NRO Savings Account | AED 0 | AED 20 (if below balance) | AED 1,000 | 1-2% monthly on overdraft amount |
| FCNR Deposit Account | AED 0 | AED 0 | Varies by currency (e.g., $1000) | Not Permitted |
| NRE Fixed Deposit | AED 0 | AED 0 | AED 1,000 | Not applicable |
| NRO Fixed Deposit | AED 0 | AED 0 | AED 1,000 | Not applicable |
| Recurring Deposit | AED 0 | AED 0 | AED 200 per month (approx.) | Not applicable |
Services Offered by ICICI Bank
Digital Banking
If you choose ICICI Bank it allows you to use online banking services to make transactions and bill payments. Moreover, the bank also offers an iMobile app service that is a one-stop solution for customers’ banking needs. This private sector provides forex cards and foreign exchange services for currency management.
Personal Banking
The bank offers an extensive range of NRE, NRO, and FCNR accounts that help earn interest rates. In ICICI Bank, customers can avail of the option of home loans and loans against property. Moreover, you can also experience insurance and wealth management services in this private bank.
ICICI Bank Branches in the UAE
| City | Branch | Services | Contact No. | Operating Hours |
| Dubai | ICICI Bank – Sheikh Zayed Road | Savings, Current, Loans, Credit Cards | +971 4 313 1200 | Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM |
| Dubai | ICICI Bank – Dubai Marina | Savings, Current, Loans, Credit Cards | +971 4 399 3210 | Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM |
| Abu Dhabi | ICICI Bank – Al Reem Island | Savings, Current, Loans, Credit Cards | +971 2 632 2630 | Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM |
| Sharjah | ICICI Bank – Al Gulaya’a | Savings, Current, Loans, Credit Cards | +971 6 573 1110 | Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM |
| Ajman | ICICI Bank – Al Nuaimia | Savings, Current, Loans, Credit Cards | +971 6 742 4444 | Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM |
| Ras Al Khaimah | ICICI Bank – Al Nakheel | Savings, Current, Loans, Credit Cards | +971 7 228 4888 | Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM |
| Fujairah | ICICI Bank – Fujairah City Center | Savings, Current, Loans, Credit Cards | +971 9 223 2200 | Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM |
Opening an Account with ICICI Bank: A Simple Guide
Online
If someone is willing to create an account with ICICI Bank then their website is a reliable method.
Visit the ICICI Bank UAE Website: For account opening purposes, you need to visit the official website of ICICI Bank which is ICICI Bank’s UAE website.
Select Account Type: After accessing the website, here you have to choose the type of account on the homepages. Here you need to select an account according to your wish, whether it is a savings or a fixed deposit account.
Start the Application: Now after choosing the account, you need to click on “Open Account Online or Apply Now”. Moreover, follow the instructions and you will be redirected to the account opening form.
Fill Out Personal Information: In this step, you have to provide your personal details like name, contact information, nationality, and Date of Birth.
Upload Documents: Here you have to upload scanned copies of documents like Emirates ID, passport, and proof of residence.
Verify Your Identity: After that, when your application is submitted, ICICI Bank will conduct verification of your documents. When your verification is successfully done, you can receive your account details via SMS or email.
Account Activation: At last, when your account is created, you will need to fund your new account via online transfer or branch visit.
FAQs
Tell me the reason why it is important to create an account with ICICI Bank?
If you create an account with ICICI Bank, you can easily access services like business banking, personal Banking, Investment services, and more.
What is the minimum balance requirement for an ICICI Bank account?
It depends on the type of account like if you want to create a current account the minimum balance required is around AED 5000. Furthermore, keep in mind your balance must be higher than this amount.
Which documents are essential to create an account with ICICI Bank without hassle in the UAE?
If you are eyeing to create an account with ICICI Bank then upload your scanned copy of Emirates ID, Passport, and proof of residence.
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