ICICI Advantage Women Savings Account

ICICI Bank provides offers for women to avail IT certifications, education, healthcare and personality development to increase financial stability and livelihood through Advantage Women Savings Account. The Advantage Women Savings Account is a savings account for women, providing support to create financial stability with benefits.

Objective

• To support women establish financial independence
• Provide offers to enhance professional skills
• Offer double benefits on home loans, insurance and accident cover

Features

• Anywhere banking
• Money Multiplier Facility
• No limit and charges on cash withdrawal at any banking facility
• Free Internet Banking, Mobile Banking and Email Statement facility
• Free multi-city cheque book
• Nomination facility and Standing instructions facility

Eligibility

• Any woman above the age of 18 is eligible to open an Advantage Woman Savings Account
• Applicants need to have a valid identity and address proof
• Should be a resident of India

Monthly balance requirement

The individual must maintain a minimum monthly balance of Rs.10,000.

Benefits of the account

Discount on lockers

ICICI Bank offers 50% discount on first-year locker rentals for Advantage Woman Savings Account holders.

Debit Card Benefits

With the Advantage woman savings account, account holders get free unlimited access to all banks ATMs, without charges. The account holders are also eligible for a cashback of Rs.750 per month on dining, jewellery and entertainment and offer on the usage of Debit Card. Further, account holders get a personal accident insurance protection and purchase protection cover on the card.

High Returns

The account holder can set a balance limit, and any amount over this limit will be converted into a Fixed Deposit (FD) on request. FD has a higher interest rate in this account.

Special Offers

There are preferential rates on personal loans, car loans and home loans for advantage woman savings account holders.

Nomination Facility

• Anybody can be nominated as a beneficiary to the account.
• There can be one nominee for a deposit account.
• Nomination facility is available for bank deposits.
• Nomination can be made by filling up the form.
• Any individual legally empowered to operate a minor