The largest private sector lending institution – ICICI bank has rolled out a new special account for the NRI customers. To make the banking facilities more convenient and hassle free the bank has introduced the new ‘Easy NRI account’.
This new account offers various benefits to the customers. It will provide the facility of low monthly average balance requirement of just Rs. 2,000. Further there will be no charges for the minimum balance maintenance. The bank reported that bank is serving nearly 1.5 million NRI customers, to help out the customers in carrying out the banking transactions easily the bank developed this new account.
Easy NRI account will issue the passbook to the customers through which the customers can keep a constant check on their account activities, they can get their passbook updated at any of the ICICI bank branch all across the country. The account will also facilitate the feature of recurring deposits with minimum of Rs 500 encouraging the NRIs to save more easily.