ICICI Bank India launches a completely online and paperless account opening facility for NRIs in the US

Mumbai, January 14, 2015: ICICI Bank (NYSE:IBN), India's largest private sector bank has announced the launch of a completely online account opening facility, for NRIs (Non Resident Indian) residing in the US. With this first of its kind paperless account opening facility, NRIs can open an NRI savings account with ICICI Bank (Limited) India in a single session on its website, eliminating the hassles of sending physical documents across continents.

Vijay Chandok, President, ICICI Bank, said, “We have always leveraged technology to bring forth digital innovations, ensuring a world class banking experience for our customers. This completely online and paperless account opening is a pioneering service as it transforms the way a customer opens an account. We are confident that this facility will provide utmost convenience to our NRI customers. We believe that this initiative is yet another testimony of our deep commitment to the philosophy of ‘khayaal aapka’ wherein we put the customer’s needs as the focal point of our business.”

ICICI Bank is the first Indian bank to offer this facility to its NRI customers in the US enabling them to open an account within two working days.

To open an account an NRI simply needs to: Fill in the application form online on the bank’s website in addition to accepting the terms and conditions and Scan and upload self-photograph, signature, address proof, passport and visa copy along with any additional documents (if prompted for).

The account is opened by the bank upon successful verification of the uploaded documents. Thereafter, the customer can transfer monies into the account, after which debit card and other deliverables are sent to the customer’s registered address.

 

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