Grow your business with our Working Capital & Term loans, simplify trade with our Integrated Trade platform for import and export, and boost cash flow with seamless collections through instant POS & QR solutions all in one place.
Welcome to ICICI Bank's new Website! Simplified banking with easier Navigation.
Enjoy Special Privileges with our Exclusive Programs
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BEST FOR
Multiplying and Managing Wealth
Dedicated Relationship Manager | Priority Assistance
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BEST FOR
Comprehensive business banking solutions
Gold Business Debit Card | Built-in Trade Pricing
BEST FOR
Multiplying and Managing Wealth
Dedicated Relationship Manager | Priority Assistance
BEST FOR
Current Account Powered by:
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Working capital and loans for business growth
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Settlement all 365 days with our smart POS + QR solutions
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Multiple GST challan payments in a single click
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Embedded trade features
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Enhanced spending power with Gold Business Debit card
An Account for Every Need
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Roaming Current Account
For daily business banking needs
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Escrow Account
For property sale and purchase, mergers and acquisitions
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RERA Account
For RERA registered residential/ commercial and plot development projects
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Foreign Currency Account
To safeguard foreign currency earnings against exchange rate movements
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GEM Account
For government suppliers, vendors and contractors
Tailored Solutions for Every Need
Digital Solutions
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Flexibility to pay via Fund Transfer, UPI & Pay to Contact
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Import-Export solutions allowing 24x7 transaction
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Manage all merchant products and services at one place
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Instant sanction for Loans and Overdrafts
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Seamless GST and Bill Payments on the go
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BizPay360 for bulk payment
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Integrated banking and accounting for easy auto-reconciliation
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Import-Export transactions 24x7, with Trade Online
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Maker-checker facility for secure transactions
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Error-free GST payments with auto-fetch option
Documentation & Charges
- For details on documents required for opening an ICICI Bank Current Account. Click here
- Quarterly Average Balance (QAB) requirement is Rs. 50,000.
- Click here to know about the detailed schedule of charges for Current Account.
FAQs
What is a Current Account?
Current Account is a bank account for people who run businesses, specially designed for carrying out day-to-day business transactions easily. The deposit in a Current Account can be withdrawn by the depositor at any time. The depositor is at liberty to operate this account multiple times a day. This account is generally opened by entrepreneurs, firms, companies and traders. Click here
How can I open a Current Account with ICICI Bank?
You can open a Current Account with ICICI Bank using any of the below ways:
- Apply for a Current Account online by clicking here
- Open a Current Account by filling out the Current Account opening form at any ICICI Bank Branch.
What are the differences between a Savings Account and a Current Account?
| Savings Account | Current Account | |
|---|---|---|
| Meaning | Meant for savings | Meant for business purposes |
| Suitable for | Any Indian resident can open this account | Firms, companies, traders and entrepreneurs who need to access their accounts frequently |
| Transactions allowed | Limited transactions | Multiple transactions |
| Interest earned | 2.5% per annum (usually) | No interest |
| Minimum Balance | Usually low | Usually high |
| Overdraft facility | Not offered/ allowed | Overdraft facility provided |
Is there any interest paid on a Current Account?
Generally, Current Accounts do not pay interest on your balance. They are designed to facilitate transactions and provide easy access to funds. If you are looking to earn interest, you may opt for a Savings Account or a Fixed Deposit.
Can I enroll in any programme (select/wealth/private)?
Yes, you can enroll in any programme if you fulfil the eligibility criteria for that programme.
Is there any separate account for merchants or traders?
No, there is no separate account for merchants and traders. Merchant and Trade solutions are embedded in the current account and programmes.
Can an individual open a Current Account?
Yes, individuals are eligible to open a Current Account with ICICI Bank. A Current Account is useful for those who need to handle multiple transactions and maintain liquidity. The Bank offers both business and individual accounts with different features and advantages.
Is it possible to have multiple Current Accounts?
Absolutely. Having more than one Current Account can help manage financial aspects like segregating personal and business transactions. Just ensure that you fulfil the balance criteria for each of your Current Accounts.
Does the Current Account have an ATM card?
Yes, an ICICI Bank Current Account includes an ATM Card. With this Card, you can withdraw cash, check your balance and carry out transactions at ATMs and Point-of-Sale (POS) terminals.
