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What is the Minimum Balance for ICICI NRI Account?

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1 2024-05-17T10:31:47+00:00

Last week, I met a friend of mine who has been staying abroad for quite a while now. While talking about some stuff, he asked me about the ICICI bank NRI minimum balance. I told him that, I wasnโ€™t aware of that as I donโ€™t have a ICICI bank account. I also told him that I would find the information and get back to him.ย 

What is the ICICI NRI Minimum Balance?

I did some research and here is the information that I came across and provided him.ย 

ICICI NRI Account Monthly Minimum Balance

NRE or NRO Regular Savings Accounts

Rs. 10,000

Seafarer Regular Savings Accounts

Rs. 10,000

NRI Pro Accounts

Rs. 2,00,000

NRI Premia Accounts

Rs. 5,00,000

Remittance Premia Account

Rs. 5,00,000 or a remittance of $10,000 in 1 year.ย 

And that is what I told him about the ICICI minimum balance NRI. Along with that, I also told him that, the interest rate for NRE & NRO savings accounts is 3% if the amount is below 50 lakhs and 3.5% if the amount is above 50 lakhs.ย 

And thatโ€™s about it for the ICICI bank NRI minimum balance. I hope this information will be of help to you.ย 

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Can We Open ICICI NRI Account Online?

The minimum balance requirement for an ICICI NRI (Non-Residential Indian) account can vary depending on the type of NRI account you hold. Different types of NRI accounts may have different minimum balance criteria.

ICICI Bank typically offers various types of NRI accounts, such as NRE (Non-Residential External), NRO (Non-Residential Ordinary), and FCNR (Foreign Currency Non-Resident) accounts.

ICICI Bank NRI Account Minimum Balance

  • The minimum balance for NRE or NRO Regular Savings Accounts is Rs10,000.

  • The minimum balance for Seafarer Regular Savings Accounts is Rs10,000.

  • The minimum balance for NRI Pro Accounts is Rs 2,00,000.

  • The minimum balance for NRI Premia Accounts is Rs 5,00,000 across all ICICI savings accounts.

  • The minimum balance for Remittance Premia Account is Rs 5,00,000 across all ICICI savings accounts.

To find the current minimum balance requirements for ICICI NRI accounts, you can:

Visit the official ICICI Bank website and navigate to the "NRI Banking" section.

Look for information on NRI account types and their respective minimum balance requirements. You can also contact ICICI Bank's NRI customer service through phone or email for specific details.

Keep in mind that it's essential to review the terms and conditions associated with the specific NRI account you are interested in.ย  These are the ICICI NRI account minimum balance details.

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