How to Open an ICICI Bank Account in UAE

ICICI Bank Account in UAE

Whether you are looking to manage your finances or transfer money, Banks are smart and smooth options. ICICI Bank is one of the well-known private banks that offers a wide range of financial services to its valuable customers. It was established in 1994 and offers innovative banking solutions to millions of clients worldwide. Moreover, the dedication of ICICI Bank to innovation and customer satisfaction sets it apart from other banks. In this detailed blog, we will explore different services, account openings, and the branches of ICICI Bank in the UAE.

ICICI Bank Account Types

Account Type

Account Opening Fee Monthly Maintenance Fee Minimum Balance Requirement Overdraft Charges
NRE Savings Account AED 0 AED 0 AED 1,500 (approx.)

1-2% monthly on overdraft amount

NRO Savings Account

AED 0 AED 20 (if below balance) AED 1,000 1-2% monthly on overdraft amount
FCNR Deposit Account AED 0 AED 0 Varies by currency (e.g., $1000)

Not Permitted

NRE Fixed Deposit

AED 0 AED 0 AED 1,000 Not applicable
NRO Fixed Deposit AED 0 AED 0 AED 1,000

Not applicable

Recurring Deposit

AED 0 AED 0 AED 200 per month (approx.)

Not applicable

Services Offered by ICICI Bank

Services Offered by Wio Bank

Business Banking

ICICI Bank allows you to experience different business accounts like the business current account that helps to manage transactions. Moreover, in this private sector, you can also avail of the option of services like Trade Finance, Cash Management, and treasury services.

Digital Banking

If you choose this leading private bank in UAE then you simply use online banking services to transfer funds and bill payments. Moreover, ICICI Bank allows customers to experience the iMobile app service which is a reliable solution for all banking needs.

ICICI Bank Branches in the UAE

City

Branch Services Contact No. Operating Hours
Dubai ICICI Bank – Sheikh Zayed Road Savings, Current, Loans, Credit Cards +971 4 313 1200

Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM

Dubai

ICICI Bank – Dubai Marina Savings, Current, Loans, Credit Cards +971 4 399 3210 Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM
Abu Dhabi ICICI Bank – Al Reem Island Savings, Current, Loans, Credit Cards +971 2 632 2630

Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM

Sharjah

ICICI Bank – Al Gulaya’a Savings, Current, Loans, Credit Cards +971 6 573 1110 Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM
Ajman ICICI Bank – Al Nuaimia Savings, Current, Loans, Credit Cards +971 6 742 4444

Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM

Ras Al Khaimah

ICICI Bank – Al Nakheel Savings, Current, Loans, Credit Cards +971 7 228 4888 Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM
Fujairah ICICI Bank – Fujairah City Center Savings, Current, Loans, Credit Cards +971 9 223 2200

Sun – Thu: 9:00 AM – 6:00 PM, Fri: 9:00 AM – 12:00 PM

The Complete Guide to Opening an ICICI Bank Account

Guide to Opening an ICICI Bank Account

Branch Visit 

If you are willing to create an account with ICICI Bank then get a visit to their branch as it is reliable and face-to-face interaction.

Locate the Nearest ICICI Bank Branch: To create an account, you need to find the ICICI Bank branch that is closer to you. For this, you can also avail the option of ICICI Bank UAE Branch Locator.

Choose Account Type: Before visiting the bank, you need to choose the type of account from the different options that are available.

Prepare Required Documents: When visiting a bank’s branch, carry your all required documents like original Emirates ID, Utility bill, and tenancy contract. Furthermore, Proof of income like a Salary certificate or payslips is also important for this process.

Meet the Bank Representative: After arriving at the bank, ask the bank staff for an application to create your account

Fill Out the Application Form: After taking it, you need to fill it out with your full name, date of birth, and nationality. 

Submit the Documents: After filling out the application form, you need to hand over documents to the ICICI Bank staff member he wants.

Verification Process: The staff of the Bank will start the process of your documents verification whether they are correct or not. 

Initial Deposit: In this step, you need to give money as some accounts require an initial deposit

Account Activation: At last, after processing, your account will be activated. Moreover you can get your account details and easily access your online and mobile banking services.

FAQs

Is it possible to create an account with the ICICI Bank Via Branch visit?

Yes, If someone is looking to create an account with ICICI Bank then visit their physical branch in the UAE. Moreover, for this purpose, you have to fill out an application form and hand over documents to the ICICI Bank’s staff.

Can ICICI Bank allow non-residents to open an account in the UAE?

Yes, ICICI Bank allows non-residents to open different accounts like NRE, NRO, and FCNR.

Which method is best to create an account with ICICI Bank in the UAE?

The ICICI Bank official website is one of the best options to create an account. Moreover, it is an easy method and saves your time and effort. 

More Banking Related Guides:

Table of Contents

RELATED POST