Current Account

Who is eligible to open an ICICI Bank Current Account?

  • All Individual Residents of Bahrain including Bahrainis (People who hold citizenship of Kingdom of Bahrain), NRI's and other Nationalities Residing in Bahrain.
  • Relationships can be opened in the name of the individual in his/ her own name.
  • Relationships can be opened for minors (persons below 21 years of age), under guardianship of a major.

In what currency can I open a Current Account?

The Current Account can be opened in BD (Bahraini Dinar)

What are the minimum balance requirements?

The monthly average minimum balance in the account should be not less than BD 100.
Further, there is no minimum balance requirement for orphans, widows, pensioners, students, persons receiving social subsidy from Ministry of Labour and Social Affairs, Kingdom of Bahrain and Bahraini nationals earning less than BHD 250 only per month.

What is the interest rate that will be applied, and how will interest be paid?

No interest shall be paid in the case of a current account.

How can I get the statements of account?

Statements of account is sent every six months. Monthly statements are also sent to you by email. To receive such monthly statements by email please provide us with your email address while opening your account.

What are the charges?

The service charges payable for the account will be communicated by the Bank from time to time, and are detailed in the Schedule of Charges. You can also get details of Bank charges by telephoning us at + 973-17-576161. Alternatively, you could enquire at our Bahrain branch.

How can I apply for a new cheque book?

You can make a request in writing for a new cheque book to the ICICI Bank Bahrain Branch. The cheque book will be sent to your communication address with in 7 days. Please keep us updated in case you change your communication address.

Will I get overdraft facility?

No overdraft facility is provided on the Current Account.

Can joint accounts be opened?

Joint accounts may be opened in case of individuals with Family Memebers. Minor cannot be a joint applicant. However In such cases joint account holders are responsible individually and jointly to observe the terms and conditions of the account, including payment of Bank charges on the account. The Bank may accept instructions to allow any one or more of the account holders to operate the account, but such an instruction shall be signed by all the account holders. Any changes to the instruction must be signed by all account holders.

How do I close the account?

The Current Account does not have any fixed maturity and can be closed any time. We would need a specific request for closure of the account in writing, signed by all the account holders in accordance with the account mandate.