Easy Receive Savings Account FAQs
What is an Easy Receive Account?
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Easy receive account is a resident savings bank account for customers who receive remittances from abroad. This account will cater to the domestic banking needs while offering additional benefits for remittances received in the account.
What is the advantage of Easy Receive Account over a regular savings bank account?
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The following are some of the special benefits available with the Easy Receive Account:
- No minimum balance to be maintained, if you receive at least one inward remittance in the last three months
- Higher daily limit of Rs. 50,000 for cash withdrawal at ATMs.
- FREE cash withdrawals at non-ICICI Bank ATMs (W.e.f 01-04-2009)
- Mobile and e-mail alerts as soon as the remittance amount gets credited into your account
This account also provides the other regular benefits such as:
- Free cash withdrawal and balance enquiry at ICICI Bank ATMs
- Cash withdrawal over 8,000 ICICI Banks ATMs and over 16,000 VISA ATMs in India and make purchases at over 100,000 merchant establishments in India
- Convenience of electronic banking channels such as Phone banking, Mobile Banking and Internet Banking.
What are the documents required for Easy Receive Savings Account?
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The following documents are required:
- Proof of identity
- Proof of communication address
- Self-cheque