ICICI NRI Premia account is a savings NRI account offered by ICICI Bank that offers premium benefits to account holders, including preferential remittance rates, personalized service, benefits for family in India, benefits on rates and charges etc. The account is available as ICICI NRE and NRO savings accounts.
Features and Benefits of ICICI NRI Premia Account
Listed below are the features and benefits of ICICI NRI Premia Account:
- Preferential rates on money transfers to India.
- Complimentary ICICI Premia debit card with higher withdrawal and transaction limits, fuel surcharge waiver and a lot more.
- Rs. 1000 Shoppers Stop voucher upon maintenance of the required balance in your Premia savings account for three months and one internet banking transaction.
- If you spend Rs. 25,000 through ICICI Bank Premia debit card within 3 months of account opening, you will get an EaseMyTrip voucher worth Rs. 1,500.
- Other additional benefits include tax solutions with discount pricing, discounted services on real estate consultancy, property management.
- Non maintenance charges on Demat account for the first year and PINS (Portfolio Investment Scheme).
- Reservation assistance for hotels, flight booking and golf courses, and discount on the list price for several lifestyle services.
- Two complimentary airport lounge access at international airports in a calendar year.
ICICI NRI Premia Special Offers for NRIs’ Family in India
Family members of NRIs can avail benefits of ICICI Bank wealth account by linking their savings account to NRI Premia Program:
- Access to exclusive wealth management lounges
- No minimum average account balance requirement
- No transaction charges
- 50% discount on annual security locker fee
Eligibility Criteria for ICICI NRI Premia
Listed below are the eligibility criteria for the ICICI Bank NRI Premia program:
- You must have one NRE or NRO savings account with ICICI Bank.
- The minimum monthly average balance in your current and savings account with ICICI Bank should be Rs. 5 lakh. Or
- Rs. 25 lakh in CASA + FD, or
- Rs. 50 lakh in your current and savings account + deposit + loans + demat* + credit card spends**
- Rs. 100 lakh in home loan
*Only equity portfolio
**Average spends of credit cards of last 12 months
How to open an NRI Premia Program Account
How to open an NRI Premia Program Account
- They can upgrade their account through any of the following channels:
- Call ICICI Bank 24X7 customer care
- An ICICI branch in India
- Internet/ mobile banking
- Fill NRI savings account upgrade form to NRI PRO
- Send the form to
NRI Services Center (CPC NRI)
ICICI Bank Limited
RPC Mumbai,
Autumn Estate,
5th Floor, ‘A’ Wing,
Near Mhada, Chandivali, Andheri (E),
Mumbai – 400 072, India
Family Banking
- NRI family banking application form
New Customer
New customers can apply for an NRI account online in 4 simple steps on the NRI page of the ICICI Bank website.
- Fill details like your first and last name, country of current residence, mobile number, etc. to get a free call back facility.
- Fill the online NRI application form.
- The bank will arrange free courier pickup of documents at your doorsteps.
- ICICI Bank NRI account will be opened.
ICICI NRI Premia Account Minimum Balance Requirement
Account holders need to maintain minimum balance in their ICICI NRI Premia account to avoid any non-maintenance penalties.
| NRI Premia Program | NRI Premia Minimum Balance |
|---|---|
| Current and savings account (CASA) | Rs. 5 lakh |
| CASA + FD | Rs. 25 lakh |
| CASA + FD + Loans* + Demat**+ Credit card Spends | Rs. 50 lakh |
| Home loan | Rs. 100 lakh |
| Waiver of non-maintenance of MAB charges | Subject to total MAB of min Rs. 25,00,000 at Customer ID level |
Important Points to Remember
- Family of an NRI account holder includes spouse, parents, grandparents, siblings, children, grandchildren, in-laws, etc. In addition to the primary NRI member, a maximum of 5 members can be added in the NRI premia family.
- Available in select cities only.
- Terms and conditions are also applicable on insurance provided by ICICI Lombard are applicable here.
- Offer in ICICI NRI Premia cannot be clubbed with any other offer.
- Available in selected branches in India. Discounts are available only for the first year.
ICICI NRI Customer Care
For ICICI NRI Premia Account related queries, you can dial or write to ICICI NRI customer care team. The bank also has a separate customer care number for different countries. For example, NRIs living in the UK can dial 08081 314 151 to reach out to a bank representative in the UK.
Due to lots of information and documentation required to apply for NRI accounts, NRI account opening process is lengthy and cumbersome elsewhere. You can download SBNRI App to apply for an NRE account with nominal documentation in just 10 minutes.
You can also click on the button below to apply for an NRI account. Visit our blog and YouTube Channel for more details.
FAQs
NRI Premia program is a premium offering by ICICI Bank for NRIs and OCIs. Under this program, account holders can get attractive offers such as preferential remittance rates, shopping and dining offers, domestic and International airport lounge access, family banking benefits and much more.
Yes, two savings accounts can be linked under an NRI Family ID. However, the NRI Premia customer has to be the primary customer account holder in NRI Premia Family ID.
Only an NRI Premia account holder can be the Primary Customer ID in NRI Premia family ID.
Family members eligible to be grouped under the same NRI family ID include parents, spouse, children, grand parents, grand children, in-laws and siblings of the NRI Premia account holder.
