Whether you are living in India or in the UK, opening a current account in the UK can be a straightforward process. ICICI Bank UK offers current accounts to individuals with an Indian or British passport, allowing them to benefit from the country's robust banking system.
With its convenience, flexibility, and the inclusion of a contactless debit card, a UK current account offers a host of benefits, whether you reside in India or the UK. It provides access to a robust banking system, facilitates international transactions, and empowers you to manage your finances with ease. Consider exploring the options available and unlock the convenience of a current account tailored to your needs.
Know MoreICICI Bank UK PLC provides tailored NRE and NRO accounts to meet the specific needs of NRIs in the UK. These accounts offer convenient solutions for managing finances in both India and the UK, with features such as joint accounts and easy access through various channels.
NRIs can make the most of their UK income by earning returns in India and repatriating funds when needed. The bank ensures hassle-free money transfers and competitive exchange rates for managing Indian income. With comprehensive customer service and support available across UK branches, NRIs can efficiently manage their accounts without the need to travel to India.
ICICI Bank UK PLC aims to provide NRIs with personalized banking solutions that enable them to effectively manage their finances and maintain their financial ties with India.
Know MoreICICI Bank UK recognizes the unique financial needs of NRIs in the UK and offers NRI Home Loans in India, allowing NRIs to conveniently apply for home loans from the UK itself.
NRIs in the UK can initiate the loan application process from the comfort of their homes. This eliminates the need for physical visits to the bank and enables them to explore properties, finalize their choice, and initiate the loan application entirely online.
The loan-sanctioning journey is seamless, with the disbursement taking place from ICICI Bank India once the property is finalized and all necessary documentation is completed. This ensures a smooth and efficient process for NRIs, even when they are thousands of miles away.
ICICI Bank UK's NRI Home Loans empower NRIs in the UK to fulfill their aspirations of owning a property in India. By offering a convenient loan application process from the UK, local servicing through branches, and a diverse range of loan products, ICICI Bank UK is committed to making the dream of homeownership in India a reality for NRIs.
Know MoreICICI Bank UK offers a hassle-free solution for sending money to any bank in India. Enjoy instant transfers with confirmed exchange rates 24/7 through the app, website, branch, or phone. While non-ICICI beneficiary banks may take up to 1 business day for credit, ICICI Bank prioritizes speed and convenience for your remittance needs.
Fast and Convenient Transfers: Transfer funds anytime, anywhere using ICICI Bank's user-friendly app and website. Enjoy the flexibility and control over your remittance process.
Secure and Reliable: Rest assured knowing that your funds are secure with ICICI Bank UK's robust encryption technology and stringent security measures.
Competitive Exchange Rates: Maximize the value of your money with confirmed exchange rates, avoiding unpredictable fluctuations.
Exceptional Customer Service: Receive prompt and personalized assistance from ICICI Bank UK's dedicated customer service team.
Experience hassle-free money transfers to India with ICICI Bank UK. Enjoy convenience, competitive rates, and reliable service for all your remittance needs.
Know MoreCommercial Real Estate (CRE) lending is a vital service provided by the Bank to cater to the financial needs of individuals and businesses involved in property investment. It serves as an essential tool for borrowers looking to expand their property portfolios and capitalize on real estate opportunities. Through its CRE lending services, the Bank aims to provide tailored solutions, competitive rates, and efficient decision-making processes.
Debt Size and Flexibility: This flexibility allows borrowers to access the necessary funds based on the scale of their property investments. Whether they are expanding an existing portfolio or venturing into new projects, borrowers can rely on the Bank to provide the appropriate financial support.
Loan Term for Effective Cash Flow Management: By providing a longer loan term, the Bank enables borrowers to effectively manage their cash flow and allocate funds to other essential aspects of their property portfolios.
Loan –to- Value (LTV) ratio for Risk Mitigation: The Loan-to-Value (LTV) ratio is an important aspect considered by the Bank when evaluating lending opportunities. To safeguard the interests of both the Bank and the borrowers, the Bank maintains a maximum LTV ratio up to 65%. This approach ensures that borrowers have a reasonable equity stake in the financed properties.
Diverse Property Types: The Bank's CRE lending services cover a wide range of property types. It caters to residential portfolios, including House of Multiple Occupants (HMOs), purpose-built student accommodation, mixed-use properties, office buildings, retail units, light industrial spaces, and warehousing facilities. This diverse range of property types reflects the Bank's commitment to supporting various property investment strategies and meeting the evolving demands of the real estate market.
Know MoreICICI Bank UK PLC offers suitable banking solutions to corporate entities with an India linkage. These could be Indian corporates with a presence in the UK, or UK corporates with a presence in India.
Key Points:
With an aim to boost the global business corridor, the Bank’s Business Banking solutions are tailored towards Indian firms pursuing opportunities in the UK & EU and UK/EU firms pursuing opportunities in India.
Products offered at ICICI Bank UK: Business Current Account | Business Savings Account | Business Forex Solutions | Business Fixed Deposit
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