For the knowledge of the viewers, listed below are the Terms & Conditions of operating a Salary Account with ICICI Bank, India.

1.1 It is the responsibility of the customer to ensure that he has read and understood the “terms and conditions” under which the Salary Accounts scheme is offered to the corporate

1.2 The employer has full right to reverse any instruction given by him to credit the customer’s account for any amount within a period of 3 working days and the account holder will not dispute or hold the bank responsible for any such debits in the customer’s account.

1.3 It is the responsibility of the customer to inform ICICI bank immediately on termination of his employment with the current employer whereupon he will cease to enjoy any/all benefits under Salary Accounts scheme

1.4 If no credits are made to the account for a continuous period of 6 months, ICICI Bank reserves the right to change the status of the Salary account to ICICI bank saving account without any intimation to the account holder and the terms and conditions as applicable to the ICICI bank saving account shall apply to this account from the date of change of the status.

1.5 In case of a joint account, both the applicant and joint applicant are singly and jointly liable for Overdraft if any, even if the application cum demand promissory note is signed by the applicant alone.

1.6 In case of Fixed deposits opened for the purpose of Security Deposit, an application letter from Employee and Acknowledgement letter by Employer to be obtained.


ICICI Bank may, at its sole discretion, utilise the services of external service provider/s or agent/s and on such terms as required or necessary, in relation to its products