Overview and Bank Account Requirement of ICICI Bank
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ICICI Bank or formerly known as Industrial Credit and Investment Corporation of India is one of the best banking and financial services company in India. It is the largest private subgroup savings by market capitalization and the next biggest bank in India. It was organized in 1955 and its current headquarter is situated in Mumbai, Maharashtra, India.
Presently, its Chairman is K.V. Kamath, Chanda Kochhar as Managing Director and CEO and N.S. Kannan as Chief Financial Officer.
ICICI Bank has products that include investment business carried on by a bank, commercial banking, retail banking, personal banking, asset administration, mortgages and credit cards.
ICICI Bank belongs to the Big Four Banks of India, together with its main competitors Canara Bank, State Bank of India and Punjab National Bank. ICICI bank also has a network of 2,016 branches and almost 5,219 ATMs in India and it is base in 18 countries.
It has 24 million customers at the end of July 2007. ICICI Bank is also the largest issuer of credit cards in India. ICICI Bank's shares are recorded on the stock exchanges at Bombay Stock E, New York Stock Exchange, Kolkata and Vadodara (previously Baroda). Its American Depository Receipts transact on the New York Stock Exchange (NYSE).
By all of the Indian banks, ICICI Bank has the biggest international balance sheet and is increasing in foreign market. ICICI Bank now is present in 19 nations, including a foreign arm in Mumbai.
It has arms in Canada, Russia and the UK; agent offices in Indonesia, Bangladesh, Malaysia, China, Thailand, USA, South Africa, and the United Arab Emirates; and offshore saving units in Bahrain and Singapore, an advisory branch in Dubai; and branches in Belgium, Hong Kong and Sri Lanka. ICICI Bank is also targeting the NRI (Non-Resident Indian) citizens in specific.
Usually, the typical fundamentals in opening a saving account in India are the afterward.
Self-attested photocopies of the preceding supporting papers are required to be placed with the application. Authentics thereof will have to be produced for authentication.
i. Passport (where the address is the same as the address mentioned in account opening form)
ii. Income Tax Permanent Account Number (PAN) card. In case PAN card is not given forth, Form 60/61 has to be complied.
You can also use the preceding for demands in opening a new bank account in India.
1. Evidence of Identity
i. PAN sheet
ii. Voter ID sheet
iii. Passport (where address differs)
iv. ID badge of a reputed employer
v. Driving License
vi. Govt./Defense ID card
vii. Photo ID card given forth by Post Office
2. Certification of Address (Any one of the following)
i. Electricity Bill
ii. Income Tax/Wealth Tax Assessment Order
iii. Credit card statement
iv. Salary sheet (with address)
v. Telephone Account of charges
vi. Letter from a reputed employer
vii. Bank Account Statement
viii. Letter from any recognized public authority
ix. Ration sheet
B. Two recent photographs (2.5 cm x 3.5 cm)
C. In condition of unable to read well clients, Left Thumb Impression (LTI) to be affixed and confirmed.
D. For opening of account of underage, where proof of identity/location is not ready for use, the similar will be prepared by the Father
ICICI Bank is one of India's best private banks. If you are concerned in applying for a bank account in ICICI bank, you should prepare and ready the fundamentals mentioned above.
Article Source: Articlelogy.com
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