ICICI Bank review
Updated October 17, 2026 · HodlCue Editorial Team
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Our verdict
ICICI Bank provides personal, business, corporate and NRI banking covering savings accounts, loans, credit cards, insurance and investment products. People handling everyday banking alongside long term goals find scope in goal based savings, fixed deposits, recurring deposits and access to thousands of investment schemes.
Key facts
- Best for
- Everyday banking with savings, credit and investment choice
- Currency conversion fee
- 3.5%↗
- Legal entity
- ICICI Bank Limited↗
- Headquarters
- India↗
- Founded
- 1994↗
- Support channels
- Email, Chat, Phone, Help-centre↗
- Features
- Travel
- Official website
- icicibank.com
Facts checked September 26, 2026, 3 sources
Apps and profiles
- Get the app
- Google Play
- Elsewhere
- LinkedInXfacebook.com
Pros and cons
Pros
- Wide banking coverage spans personal, business, corporate and NRI needs in one place
- Goal based savings, fixed deposits and recurring deposits support planned saving habits
- Travel support includes overseas transfers and foreign currency services for account holders
- Investment access stretches across stocks, mutual fund schemes and systematic plans
Cons
- Banking range centres on India and NRI needs with limited non resident scope
- Extensive choice across accounts, loans and investments creates a complex product menu
Who it suits
- People managing everyday spending, saving and credit in India
- Non resident Indians handling accounts and deposits across borders
- Travellers seeking foreign currency and overseas transfer support
Who should look elsewhere
- People seeking banking entirely outside India focused services
How your money is protected
Protection at ICICI Bank centres on account oversight and prompt reporting tools. Customers can update Know Your Customer details and profile documents to keep identity records current. Foreign Account Tax Compliance Act information can also be maintained through service requests. Dedicated channels allow reporting of suspicious behaviour and unauthorized transactions. Standing instruction management and account control features help track activity and permissions. Together, record upkeep, monitoring options and clear reporting routes support safer everyday banking.
Accounts for specific groups
Beyond standard savings, the bank offers accounts shaped for particular groups. A savings account for Hindu Undivided Families serves joint family arrangements, while a dedicated banking package addresses the needs of doctors. Returning non resident Indians can open an account designed for their move back to India. Senior citizens have a savings scheme with its own conditions, and a capital gains account exists for people who need to hold proceeds from the sale of property. Customers can choose the option that fits their stage of life and their plans for the future.
Borrowing against what you hold
Customers can borrow against mutual fund holdings, which lets them access funds without selling their investments. An overdraft can also be arranged against fixed deposits, so the deposit stays in place while the customer draws on a credit line. Commercial property purchase loans are available for business premises. Digital sanction for certain borrowing is handled through a short online process, which suits people who prefer to avoid branch visits. Customers who prefer to bank in person can still visit a branch for matters that require one.
How ICICI Bank compares
9.0 vs 9.4
9.0 vs 9.0
9.0 vs 8.2
9.0 vs 9.5
9.0 vs 9.6
9.0 vs 9.0
9.0 vs 9.1
9.0 vs 8.9
9.0 vs 8.1
9.0 vs 8.2
9.0 vs 9.5
9.0 vs 9.4
9.0 vs 9.2
9.0 vs 9.1
9.0 vs 9.0
9.0 vs 8.9- 9.0 vs 8.8
9.0 vs 8.8
9.0 vs 8.6
9.0 vs 8.5
9.0 vs 8.3
Where ICICI Bank is available
- Available
- India
- Licence in India
- Deposit Insurance and Credit Guarantee Corporation (DICGC), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What banking services does ICICI Bank cover?+
ICICI Bank covers personal, business, corporate and NRI banking. Its range includes savings accounts, loans, credit cards, insurance and investment products. Bill payments, standing instructions and unified payments support everyday money management.
Which options support banking across borders?+
Non resident services include NRE and NRO accounts plus foreign currency deposits. An overseas money transfer service helps move funds across borders. Portfolio investment facilities enable eligible non residents to purchase and sell shares.
What savings and investment choices are available?+
Savers can use goal based savings, fixed deposits and recurring deposits for planned goals. Investors can use a three in one account for stocks and choose from thousands of mutual fund schemes. Systematic investment plans and senior citizen savings options broaden long term planning.
What is the bank's goal based savings option?+
Goal based savings lets customers set money aside toward a named target, such as a holiday or education. The approach encourages regular saving and keeps the purpose of the money in view. It sits alongside fixed deposits and recurring deposits, giving people several ways to plan for future expenses.
Can a fixed deposit be used as security for borrowing?+
Yes, an overdraft facility can be arranged against fixed deposits, which lets customers draw funds while the deposit remains in place. This is one of several borrowing options the bank offers. Customers can also use mutual fund holdings as security for a separate loan. Customers benefit from having several routes to borrow, depending on what they already hold.
Sources
- icici.bank.in/about-us checked September 26, 2026
Backs: Founded
“ICICI Bank was incorporated in 1994 as a part of the ICICI group”
- icici.bank.in/contact-us checked September 26, 2026
Backs: Headquarters, Legal entity, Support channels, Licences
“Corporate office ICICI Bank Towers, Bandra-Kurla Complex, Mumbai 400 051; Registered office ... Vadodara 390007, Gujarat, India”
- icici.bank.in/personal-banking/cards/credit-card/coral-cr... checked September 26, 2026
Backs: Features, Currency conversion fee
“You can easily make online purchases across India and in select overseas stores using the ICICI Bank Coral Credit Card”
Compiled from 3 source pages, checked October 17, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Free ATM withdrawals, Card type, Protection.