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“Account Balance Build-up” Customer Promo Terms and Conditions

Last Updated Date - 31-05-2019

I. Definitions

  • Customer(s)” for the purpose of this Offer shall mean person having existing ICICI Bank Saving account, including salary saving accounts, opened on or before 31 March, 2019
  • Program period” shall mean the period from June 01 to June 07, 2019 for bringing incremental funds. Both days are inclusive in the period. Customer has to maintain the above incremental balance on the June 07, 2019 and June 30, 2019
  • Offer” shall mean products/services/benefits offered by alliance partners to eligible customers
  • Alliance Partners” shall mean Myntra & Croma who have extended the Offers to be given to ICICI Bank customers.
  • Eligible Customers” shall mean customers who meet all the criteria mentioned in the “Eligibility criteria to avail the offer” section below

II. Eligibility criteria to avail the offer:

Customers meeting below criteria will be eligible for the offers:

  • Criteria 1: Bring in incremental fund (meaning the difference between the account balance on the last day of the Offer, i.e. June 07, 2019 and the day preceding the first day of the Offer, i.e. May 31st, 2019) of INR 1 lakh or more between June 01st to June 07th, 2019 (both days inclusive). Incremental fund to remain in account on day end of June 07.
  • Criteria 2: Month end balance should be higher than May 31st balance by atleast Rs.1 lac.

Customers who meet both the above criteria will be eligible for the below offers:

Incremental Funding of Alliance Partner extending the Offer Offer
3 lacs and above Croma Rs.500/- off on minimum transaction of Rs.2,500
>= Rs.1 lac to Myntra Upto Rs.500/- off on minimum spend of Rs.2,000 on select styles

Terms and conditions of the respective alliance partner will be applicable.

III. Alliance Partner’s Terms & Conditions

Croma Terms & Conditions

  • INR 500 off on purchase of INR 2500 and above.
  • Customer shall receive discount vouchers
  • Validity of discount vouchers is for 90 days from date of activation
  • One voucher/card redemption per invoice
  • One time Redemption (No part Redemption allowed)
  • To activate the vouchers, SMS GCACT <16 digit card no><Space><6 Digit PIN No> to 7200666000
  • This voucher is valid only on a single purchase and no 2 offers can be clubbed
  • This voucher can only be redeemed at Croma store
  • Offer will be valid across all categories available at Croma
  • Offer will be applicable on Croma price
  • The offer is non-binding, non-cashable and non-negotiable
  • The offer can be availed only once during the offer period
  • This offer cannot be clubbed with any other Croma offer on Credit card

Myntra Terms & Conditions

Catalogue link:

  • Upto Rs. 500 off on min spend of Rs. 2000 on select styles on Myntra app or website, valid till 30th Nov 2019
  • Customer shall receive discount voucher
  • Valid only on a selected catalogue for ICICI Bank customers -
  • Maximum discounts, ie, product discount and coupon discount, are subjected to product level cap enforced by seller
  • The code can be used once per Customer
  • This offer is not valid at any of the alliance partner retail outlets/stores
  • Multiple coupons cannot be clubbed in a single order
  • The balance amount, after the discount is availed, will have to be paid by the customer at the time of purchase
  • In no case, whatsoever, can the discount amount be refunded, encashed or partly encashed
  • Myntra's Return and Exchange Policy offers you the option to return or exchange items purchased on Myntra's application within 30 days of the receipt. In case of return of the purchased item, please refer to the “Return Policy” on the website/ app or call Myntra Customer care
  • All orders would be subject to availability at the time of purchase and will be governed by the standard terms and conditions listed on the App
  • All disputes arising out of or in connection to this scheme are subject to exclusive jurisdiction of the courts in Bangalore only
  • Disclaimers: Company is not responsible for any typographical error leading to an invalid coupon


Terms and conditions prescribed ICICI bank Customer(s)

  • Eligible Customer(s) will be identified and the voucher codes will be sent to them on their registered Email ID / Mobile Number centrally on or before August 15, 2019.
  • ICICI Bank holds out no warranty or makes no representation about the quality, delivery or otherwise of the goods and services or the assured gifts / prizes offered by Alliance Partners. Any dispute or claim regarding the goods, services and assured gifts / prizes must be resolved by the Customer(s) with Alliance Partners directly without any reference to ICICI Bank.
  • ICICI Bank shall not be liable in any manner whatsoever for any loss/ damage/ claim that may arise out of use or otherwise of any goods/ services / assured gifts / prizes availed by the Customer(s) under the Program/Offer offered by Alliance Partners.
  • ICICI Bank reserves the right to disqualify the Alliance Partner/s or Customer(s) from the benefits of the Program if any fraudulent activity is identified as being carried out for the purpose of availing the benefits under the Program.
  • The cash back/ discount /assured gift / prize is sponsored by Alliance Partners and the Customer(s) shall be bound by the terms and conditions stipulated by the Alliance Partners in this regard.
  • ICICI Bank shall not be held liable for any delay or loss that may be caused in delivery of the goods and services or the assured gifts / prizes.
  • The Program/Offer is not available wherever prohibited and / or on merchandise / products / services for which such programs cannot be offered for any reason whatsoever.