ICICI Insta Saving Account is a fully digital savings account service operated by ICICI Bank.
You can open this account sitting at home within 4 minutes without visiting any bank branch.
ICICI Insta Saving Account
In this, two types of accounts can be open Insta Save Account and Insta Save FD Account.
Insta Save Account is an instant saving account opened with an Average Monthly Balance (MAB) of Rs 10,000.
Insta Save FD account is instant savings account with a fixed deposit. However, you can enjoy the benefits of a savings account without any minimum balance, provided you open a fixed deposit of Rs 10,000 for one year.
Here is everything you need to know about this savings account.
Features and Benefits of icici insta saving account
- An account can be open within 4 minutes.
- The account can be open easily through an Aadhar card
- 24×7 Access to Banking Services with iMobile App
- Complimentary credit card credit with a limit of up to 90% on FD created
- Attractive Offers on Amazon, Flipkart, Big-basket, Swiggy, Eros Now, Pharm-Easy
- Get Reward Points on Platinum Debit Card and Spending
- Video KYC Verification
- full-fledged digital account
- Air Accident Insurance Rs. 50,000/-
- FREE Monthly Email Statement
- Every month you will be able to make five free ATM withdrawals from any bank ATM.
Who can open ICICI Bank Insta save account?
Any individual customer above the age of 18 years can open this online savings account.
Also Read: ICICI Insta Banking
The bank account is available only to Indian individuals and those who do not have any existing relationship. So if you already have an ICICI Bank Salary Account or Savings Account, you will not be able to open InstaSave.
What are the Different Types of Insta Save Account?
There are two types of Insta save account:
Insta Save Account: This is an online savings account that can open through Aadhaar. Customers have to maintain a minimum balance of Rs 10,000.
Insta Save FD Account: It is like an Insta Save account. Apart from an instant savings account, customers can opt for a fixed deposit. The minimum FD amount is Rs 10,000. As a result, customers do not have to maintain any minimum average balance. Customers can also avail secured credit cards on their fixed deposits.
How to Open ICICI Bank Instant Savings Account?
You can open ICICI Bank Insta save account instantly using your PAN and Aadhaar number. You can pay a minimum of Rs. You can open an InstaSave FD for an amount of Rs. 10,000 for 12 months while opening Tatkal Savings Account.
Click here to open ICICI Bank Insta save account.
Now you will get the option to open the ‘Insta Save Account’ and ‘Insta Save FD’ accounts.
Now an online account opening form will appear.
Select your gender, age, marital status, occupation, education, income limit, residential status and click on ‘Continue’.
Enter your mobile number, email id, pan card number. Click ‘Continue’
Add OTP sent to your mobile number.
Enter your Aadhaar number and click on ‘Proceed’. Enter the OTP received on your Aadhaar number
The details received from the UIDAI database will show in the next step. In this step, add your nominee details.
If your communication address is different from your Aadhaar address, you can add your communication address details. Then, check the box to declare that you are an Indian citizen.
In the next step, you can find the details filled in by you.
Accept the terms and conditions and consent to the online account opening.
Fund your account and will create your account d successfully.
After filling the online form, you can opt for the video KYC process and convert your account into a full-fledged savings account. Click here to know how to open ICICI Bank Account through Video KYC.