Who is eligible to open an ICICI Bank Recurring Depoist?
- All Individual Residents of Bahrain including Bahrainis (People who hold citizenship of Kingdom of Bahrain), NRIs 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.
Can joint accounts be opened?
Joint accounts can be opened in case of individuals. 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 should be signed by all the account holders. Any changes to the instruction must be signed by all account holders, except in cases of withdrawal of such an authority. Any account holder can withdraw such an authority through written instructions.