ICICI launches two special accounts for NRIs

Tags: ICICI, NRIs, Banking
The largest private sector lender ICICI Bank today introduced two more products under its savings accounts for NRIs with additional benefits thrown in.

The two new categories, christened NRI Pro and NRI Premia, will offer premium benefits like reservation assistance for hotels, flight booking and golf courses, and also preferential rates for and waiver of charges for currency conversion, the bank said in a release.

It, however, did not mention any charges or minimum balance which will have to be maintained in the accounts.

"We serve 1.5 million NRIs across spanning over 150 countries and process over 5 million NRI transactions annually. This experience has given us insights into the lifestyle and aspirations of NRIs and our products are designed to meet their needs," its executive director Rajeev Sabharwal said.

The NRI customers would be able to choose between two types of accounts --- NRE and NRO, for income generated overseas and domestically like rentals, respectively, it said.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • India must follow China on its path to the future

    There are many theories, real and imagined, doing the rounds in the national and international media about Barack Obama’s overtures to ‘rebalance

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Will the adventurous UGC succeed?

The impact of the Modi government on the education sector ...

Zehra Naqvi

The urge to tell stories

One wants to tell a story, like Scheherzade, in order ...

Dharmendra Khandal

Don’t interfere with nature

Just before we celebrated the news of tiger numbers swelling, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture