Icici Bank Account Closing Form
A Joint bank account cheque signed by both acts as Identification for both owners on a GIC application. What value date is given for a non-registered GIC or savings account? Either a) date of postage of cheque, marked on the envelope or b) if deposit made by EFT, date of credit in account or c) date of credit in NDDS account with RBC.
- Forms Center; For your convenience, we've gathered together some of the most frequently used forms. 10034 ICICI Bank Mumbai-400 044. Account registration for ECS: Download: Increasing offer amount of Credit Card: Download: Transaction charge back for disputed transactions: Download: Account closure due to customer’s.
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Do you want to close your Icici bank account? Then you can follow this guide” how to close Icici bank account”?
Icici bank is the second-largest private bank in India, and famous for its services.
One should not close his account with premium banks, especially with a bank with a stature of Icici bank.
Yet, some situations may compel you to close your Icici bank account.
Probable reasons for closing the Icici bank account:
Many Bank Accounts
You may have many accounts where you are enjoying higher interest rate.
Icici bank account may not be your primary account.
You have to maintain the least balance of Rs 5000/- or Rs 10000/- across all your accounts, based on the location.
For many customers, it’s challenging to maintain the least balance across all accounts.
Dissatisfaction with Customer Service & bank staffs
Bank staff’s Poor service & unprofessional behavior may compel you to close your account.
Sometimes service requests are not met within the promised period by the bank.
Bank staffs behave rude & unprofessional with customers sometimes under work pressure.
Higher Fees & Charges
The minimum monthly balance need for Icici bank is high. You may find it very demanding.
Closure of salary account:
Generally, people close their salary account with the bank once they leave their job.
It becomes a regular savings account & challenging to maintain due to the higher AMB.
Closure of loan:
Once you close your credit with a bank, you have to maintain the average monthly balance in the account. Since AMB is on the higher side in ICICI bank, you may not continue with it.
Closure of Demat account:
If you are closing the Demat account, there is no need to maintain the Icici savings bank account attached to it.
Closure of Investment:
When you have an investment with a bank, like fixed deposits or mutual funds, you maintain an account. Once you stop your Investments, you need not continue that account.
If, for any of the reasons above, you wish to close your Icici bank account, this guide will be useful for you.
How to close the account in icici bank?
Please follow the below-mentioned steps to close your Icici bank account.
Ensure these points before closing the Icici bank account:
Icici Bank Net Banking
- Visit your nearest branch of Icici bank to close your account.
- Download a soft copy or take a printout of the bank statement (since opening), for future reference.
- Take a photocopy of the front page of the checkbook carrying details of account no, Ifsc code & customer id.
- Clear all pending dues & charges before closing the account
- Clear your loan dues, credit card payments & de-link Demat account before closing account.
Withdraw or transfer the Balance Amount from your Bank Account
- Open a new account with some other bank( I prefer hdfc bank) so that you can transfer your funds from Icici bank.
- Transfer all your funds from Icici bank to your separate bank account through RTGS, NEFT, IMPS, or UPI.
- You may also prefer to receive a cheque or DD to your present address for the remaining balance in your account.
Fill up the icici bank account Closure Form.
- Visit the nearest branch & approach the banker for a bank account close application.
Submit the documents:
- Fill-up the icici bank account closure form with complete & correct details & Submit the same to the banker.
- Submit your KYC I,e Id & address proof like Pan card and aadhar card.
- Cut your debit card in pieces, and handover unused cheque leaves to the banker.
Icici Bank Account Closing Form Download
- Don’t forget to mention email id & phone number.
- The bank will give you the remaining balance of your account in the form of Demand Draft or cheque.
Take Acknowledgement
- Ask for a copy of the Acknowledgement of closure request for future reference.
- The standard TAT of account closure is 05-07 working days.
- You will get your bank account closing letter after that.
- You may contact the bank manager or customer care on 1800 102 4242 or 1860 120 7777 for further assistance.
In the following section, I have answered some queries on the Icici bank account closure.
How to close the Icici bank account online?
- It would have been great to be able to close an account online. But as of now, there is no such process available. So you can’t close an Icici account online.
How to close the icici bank account without visiting the branch
- It is not possible to close an Icici bank account without visiting your bank. Customer authentication is mandatory to process closure of an icici bank account.
How to close the Icici bank salary account?
- Icici bank does not charge its salary account holders for not-maintaining average balance.
- When you leave your job, the account becomes a regular saving account. Then if you dont maintain the minimum balance, you pay the charges.
- To avoid charges, you have to close your account. You have to visit a branch and sign the account closure form and submit it to the bank.
How to close the Icici bank salary account online?
- As of now, the bank has no such provisions. You can download the account closure application from the bank’s website. Then you visit the branch for the rest.
How to close the Demat account in Icici bank online?
It has got two parts.
Closing the trading account
- To close the Icici Trading account online, call customer service & request for closure. Post verification, they will approve the plea over the phone.
Closing the Demat account
- The demat account is usually linked to your savings account. So you have to close it manually by visiting the nearest branch.
- You may download the demat closure form from icici bank site, Fill it up & submit it to the bank.
- You may get it from the banker at branch & submit the filled form at the bank.
- Mention your bank account no, customer Id, client Id, Dp Id & reason for the closure.
- You have to sell all holdings from your Demat account to get your money before closing.
- It may take 5 to 7 working days to close your account.
How to close icici bank current account
- Visit your branch to get the account closure form bank or download it from the bank’s website.
- Fill up the Account Closure Form of Bank.
- Attach your KYC Documents( your id proof (Pan card) & valid address proof ).
- Surrender Balance Cheque Leaves and Passbook
- You have to surrender the pending unused cheque leaves to the banker.
- Withdraw the Balance Amount in your Bank Account
- You can draw cash or take a DD or cheque from the bank.
How to close the icici bank account through net banking
At present, no such procedure is available with the bank to close an account online or through the post.
How to close the icici bank RD account online?
You can close the account online using internet banking and mobile banking.
- Login to your I-Mobile app
- Go to the Tab’ accounts & deposits’ & click on it.
- Click on the RD account number option.
- You will reach a page where you can find the RD account summary.
Icici Bank Account Closure Form Pdf
- Click on more options.
- Click on the “closure of RD” option on this page then click on “submit.”
- You will get prompted for confirmation. Please check the details and click on ‘submit.’
- Your rd account will get closed.
But premature closure of Money Multiplier FDs or linked fDs can’t happen online.
How to close ppf account in icici bank
One cant close a ppf account cant be before maturity or at least before 15 years. If you want to change ICICI Bank, you can transfer it to some other bank.
How to close a fixed deposit account in icici bank?
Please follow the below-mentioned path to close your FD with IcIci Bank.
Click on ‘My Accounts’ tab> ‘Deposits’ tab> ‘Service Request’ tab > ‘Closure/Renewal of Existing Fixed/Recurring Deposit’ option.
How to close ICICI Bank NRI account online?
- Visit the form centre of Icici bank
- Download the pdf ‘Request for Closure of Saving Bank Account for NRI form‘
- Take a Print out, Fill it with relevant details and Sign it.
- Attach a self-attested photocopy of your valid passport.
- Send the closure form to ICICI Bank, Mumbai India.
- This request will delink the NRI Demat Account & the NRI Trading from the NRI bank account.
- If your account is dormant or inactive, you have to activate it before closure.
- Bank won’t transfer the closure proceeds of NRO Savings account to any NRE or third party account.
Icici Bank is one of the best banks in India We have now.
Please judge all options before closing your account with this bank.