Regular Savings Account

The Monthly Average Balance (MAB) is calculated on a simple average of day-end balances for a calendar month. The MAB is calculated by adding the closing ledger balance of each day’s accounts from the start of the month to the end of the month. Then the total sum is divided by the number of days in that month.

You may nominate a person as beneficiary to your account. Nomination facility is available for Bank deposits:

• Only one nominee is allowed for a Deposit Account, whether held singly or jointly
• A Legal Guardian operating a minor’s account can file a nomination on the minor’s behalf
• Applicants can nominate by filling up the form prescribed under the Banking Companies (Nomination) Rules, 1985
• The nomination details can be changed during the subsistence of the account relationship by filling the form prescribed under The Banking Companies (Nomination) Rules, 1985.

You can request to transfer your Savings Account from one branch of ICICI Bank to another through Internet Banking, Customer Care or by submitting a written request to any ICICI Bank branch.