ICICI Bank Wants Rs 5 Lakh to Open a Savings Account - Savings Account Become a Luxury

[ak_gupta98911]

I have recently opened a Wealth account with the bank just 2 days ago, with a 2L Initial funding commitment, once my account was up & running at zero balance, i just transfered 2L. Was pretty seamless the entire process, no negotiation etc. I had casually mentioned on the first call when asked abt initial funding that i can load 2L immediately RM said ok. My experience has been pretty straightforward. She just said balance cant go below 15k.

But icici Lakhisarai branch ye sab nahi kar raha h na minimum monthly 1L and initial funding 5L mang raha h na.
Maine bola 15k minimum monthly balance and initial 50k denga but o nahi open kiya.
Aur 6 months ka bank statement bhi mang raha h aur ITR minimum 6L ka icici branch bala.

 

[cardio_guycardio_guy is verified member.]

Good to know that my experience with ICICI have been not different from the vast majority here.

 

[iamdhamo]

Move to hdfc, idfc etc. Way better than icici in every aspect.

I already have acc in idfc HDFC and in psu I have in SBI. Just wanted to highlight the indirect cost with psus

 

[✪ D&C Cards Connoisseur 💳]

As someone mentioned earlier in one of the threads, I too feel like sending all economically low persons near me to ICICI for opening BSBD. And what I personally feel like, everyone should raise complaint direct with PNO over email (no Customer Care mail needed) and based on that response should lodge complaint with RBIO after 30 days selecting the option as bank denied to open BSBDA. So, as fellow TFCians, we have to take the responsibility of making others familiar with the RBIO process.

 

[sanarora]

itr for opening bank account..?? that makes no sense..! its a case of a Hostile RM. just visit another branch / & another RM i guess

But icici Lakhisarai branch ye sab nahi kar raha h na minimum monthly 1L and initial funding 5L mang raha h na.
Maine bola 15k minimum monthly balance and initial 50k denga but o nahi open kiya.
Aur 6 months ka bank statement bhi mang raha h aur ITR minimum 6L ka icici branch bala.

 

[ak_gupta98911]

itr for opening bank account..?? that makes no sense..! its a case of a Hostile RM. just visit another branch / & another RM i guess

Recent 2 branch visit IFSC Code:- ICIC0008293, ICICI BANK LTD, SIKANDRA
And IFSC Code:- ICIC0001327, ICICI BANK LTD, LAKHISARAI NAYA BAZAR, BIHAR
Dono branch mai ek Lakhisarai branch ka after complaint raised home visit BM pelhe bola 6 months ka statement dikho to 6 months ka statement dikha diye usme average monthly balance 75k tha BM bola 75k average monthly balance sa nahi chalega tumara profile low h nahi to ITR dikho minimum 6L ka tab account open hoga. Maina bola 15k monthly average balance bala open kar do to BM sir bole nahi open hoga tumara profile low h atitude mai bola.
Phir maine icici bank ka ye post dikhya tab BM sir bole mai ye sab nahi janta tumara account open nahi hoga jao kar kar loge .
Aur jao kaha complaint kargo mera pass hi aata h hmm kucch likh kar bhaj denga.

 

[Dr.AMAN]

Recent 2 branch visit IFSC Code:- ICIC0008293, ICICI BANK LTD, SIKANDRA
And IFSC Code:- ICIC0001327, ICICI BANK LTD, LAKHISARAI NAYA BAZAR, BIHAR
Dono branch mai ek Lakhisarai branch ka after complaint raised home visit BM pelhe bola 6 months ka statement dikho to 6 months ka statement dikha diye usme average monthly balance 75k tha BM bola 75k average monthly balance sa nahi chalega tumara profile low h nahi to ITR dikho minimum 6L ka tab account open hoga. Maina bola 15k monthly average balance bala open kar do to BM sir bole nahi open hoga tumara profile low h atitude mai bola.
Phir maine icici bank ka ye post dikhya tab BM sir bole mai ye sab nahi janta tumara account open nahi hoga jao kar kar loge .
Aur jao kaha complaint kargo mera pass hi aata h hmm kucch likh kar bhaj denga.

These idiots havent learnt anything from their recent public humiliation. Dont let this guy get away easily. Escalate to their twitter account and till RBIO if needed. If they r doing so much drama for opening a mere 15k mab savings account imagine the amount of mental torture a person might have to face if he goes and asks for a loan/credit card.

 

[Rajx99]

Recent 2 branch visit IFSC Code:- ICIC0008293, ICICI BANK LTD, SIKANDRA
And IFSC Code:- ICIC0001327, ICICI BANK LTD, LAKHISARAI NAYA BAZAR, BIHAR
Dono branch mai ek Lakhisarai branch ka after complaint raised home visit BM pelhe bola 6 months ka statement dikho to 6 months ka statement dikha diye usme average monthly balance 75k tha BM bola 75k average monthly balance sa nahi chalega tumara profile low h nahi to ITR dikho minimum 6L ka tab account open hoga. Maina bola 15k monthly average balance bala open kar do to BM sir bole nahi open hoga tumara profile low h atitude mai bola.
Phir maine icici bank ka ye post dikhya tab BM sir bole mai ye sab nahi janta tumara account open nahi hoga jao kar kar loge .
Aur jao kaha complaint kargo mera pass hi aata h hmm kucch likh kar bhaj denga.

Since u have already complained to Customer care
Next complaint at all three levels here:

ICICI - Contact Us

After this then complaint to PNO
(You can also skip these and mail directly to PNO) but if u have more evidence, then lateron it's easier to get compensation from RBIO

 

[The_One]

I had same experience when I was trying to
Open an account for my spouse but they requested me an FD of 1 lakh. Since this 50k & then 15k MAB was announced, i called customer care and they asked my PIN code then I got a call from nearest bank to open an account rest was easy. I suggest to try opening account in a branch which is in a corporate park. Hope this helps.

 

[Strange]

Recent 2 branch visit IFSC Code:- ICIC0008293, ICICI BANK LTD, SIKANDRA
And IFSC Code:- ICIC0001327, ICICI BANK LTD, LAKHISARAI NAYA BAZAR, BIHAR
Dono branch mai ek Lakhisarai branch ka after complaint raised home visit BM pelhe bola 6 months ka statement dikho to 6 months ka statement dikha diye usme average monthly balance 75k tha BM bola 75k average monthly balance sa nahi chalega tumara profile low h nahi to ITR dikho minimum 6L ka tab account open hoga. Maina bola 15k monthly average balance bala open kar do to BM sir bole nahi open hoga tumara profile low h atitude mai bola.
Phir maine icici bank ka ye post dikhya tab BM sir bole mai ye sab nahi janta tumara account open nahi hoga jao kar kar loge .
Aur jao kaha complaint kargo mera pass hi aata h hmm kucch likh kar bhaj denga.

Sare proofs ke sath MD ko email karo.
managingdirector@icicibank.com

Sare Rude and arrogant Employees ka naam likhna mat bhulna.

 

[iamdhamo]

When I had to went to open an account in 2022 with icici they said I need to opt any of the products - demat or life insurance or ulip.

I said I won't do then they said they can't open account and that time minimum balance was 10k. I even asked about zero balance balance and they said it's not avlb those days. Too much arrogance and money minded bank. They only want premium customers

Then I walked out n opened at IDFC. This was for my relative

 

[sovon]

Me and my brother tried opening HDFC regular savings account (₹10k MAB) online, but every time we attempted, it showed an error.

So we visited our nearest branch. There, they told us that they don’t open regular savings accounts (₹10k MAB) at the branch level those can only be opened online. Instead, they suggested opening a Savings Max account, but for that they required a ₹2 lakh deposit (₹1L each for me and my brother) by cheque.

At that time, HDFC had just increased the MAB requirement for metro cities, so I didn’t argue with them further.

I then mailed HDFC support to fix the online account opening error. However, they simply forwarded my complaint back to the same branch. Eventually, the branch manager agreed to open a ₹10k MAB account for both of us, but with the condition that we deposit ₹50k each (₹1L total).

I told them we don’t have cheque books, so they allowed us to do an online transfer instead. After transferring, they opened my account and handed me the Insta Kit instantly.

What I couldn’t understand is why there was so much pressure to deposit ₹1L before account activation. The money wasn’t credited to any dummy or temporary account it was deposited directly into my new account. If the funds are ultimately going into the same account, why insist on the deposit being made before activation rather than after?

 

[sovon]

If you can’t bring a big-ticket cheque, you’re treated as a “low-profile” customer — and they don’t want you.

HDFC is also the same.

When I enquired about opening a Savings Max account, they were ready to open it instantly no home visit, no address verification required.

But since I chose to open a regular savings account, they personally came to my address for verification. Probably because me and my brother still look like students, they kept questioning us. Every time they called about the account opening issue, they would ask things like:

“What does your father do?”

“What will you do with this account?”

But the account opening was process was fast, within 24 hours my account was ready to use, insta kit with debit card, cheque book and passbook was delivered instantly.
So I'm okay with that.

 

[ankitvm]

Recent 2 branch visit IFSC Code:- ICIC0008293, ICICI BANK LTD, SIKANDRA
And IFSC Code:- ICIC0001327, ICICI BANK LTD, LAKHISARAI NAYA BAZAR, BIHAR
Dono branch mai ek Lakhisarai branch ka after complaint raised home visit BM pelhe bola 6 months ka statement dikho to 6 months ka statement dikha diye usme average monthly balance 75k tha BM bola 75k average monthly balance sa nahi chalega tumara profile low h nahi to ITR dikho minimum 6L ka tab account open hoga. Maina bola 15k monthly average balance bala open kar do to BM sir bole nahi open hoga tumara profile low h atitude mai bola.
Phir maine icici bank ka ye post dikhya tab BM sir bole mai ye sab nahi janta tumara account open nahi hoga jao kar kar loge .
Aur jao kaha complaint kargo mera pass hi aata h hmm kucch likh kar bhaj denga.

Update dete rehna bro🙃