ICICI Advantage Woman Savings Account

ICICI Bank’s Advantage Woman Savings Account is a specialized savings account designed exclusively for women. It offers a range of benefits aimed at empowering women by supporting their financial independence, skill development, and lifestyle needs. The account comes with value-added services including educational offers, healthcare, insurance, and enhanced savings options.

Key Objectives

• Promote financial independence for women

• Provide value-driven offers to enhance professional skills

• Offer double benefits on loans, insurance, and accident cover

Key Features

• Anywhere Banking: Access your account from any ICICI branch or ATM nationwide

• Money Multiplier Facility: Earn higher returns by converting surplus balance into Fixed Deposits (FD)

• Unlimited Free ATM Withdrawals: Withdraw cash from any bank ATM without charges

• Free Banking Services: Includes Internet Banking, Mobile Banking, and Email Statements

• Free Multi-City Chequebook

• Nomination and Standing Instructions Facility

Eligibility Criteria

• Women aged 18 years and above

• Must be a resident of India

• Valid identity and address proof required

Minimum Monthly Average Balance (MAB)

• A minimum MAB of ₹10,000 must be maintained for the base variant

Exclusive Benefits

Locker Discount

• 50% discount on first-year locker rentals for all account holders

Debit Card Perks

• Unlimited free ATM access at any bank ATM

• Monthly cashback up to ₹750 on spending in categories like dining, jewellery, and entertainment

• Includes personal accident insurance and purchase protection

High Returns via Fixed Deposit

• Set a balance threshold, and surplus funds above it can be converted into an FD on request to earn higher interest

Loan Offers

• Preferential interest rates on personal loans, car loans, and home loans

Nomination Facility

• One nominee allowed per account

• Available for all types of bank deposits

• Legal guardians can nominate on behalf of minors

Variants of the Advantage Woman Savings Account

🔸 Advantage Woman Regular

• MAB: ₹10,000

• Benefits:

  • 50% locker discount (1st year)

  • ₹750 cashback/month on debit card use

  • Unlimited ATM withdrawals

🔸 Advantage Woman Silver

• MAB: ₹25,000

• Additional Benefits:

  • 15% discount on locker rentals from 2nd year onwards

  • Free banking across all branches

🔸 Advantage Woman Gold

• MAB: ₹50,000

• Additional Benefits:

  • 20% ongoing locker rental discount

  • Priority processing at branches

  • Exclusive service zones

🔸 Advantage Woman Titanium

• MAB: ₹1,25,000

• Premium Benefits:

  • 40% locker discount after the first year

  • Dedicated relationship manager

  • Free Demand Drafts drawn on ICICI Bank

  • Priority processing and exclusive banking zones

How to Apply

Online and Offline Steps:

1. Visit the ICICI Bank homepage → Navigate to Products > Accounts and Deposits > Savings Account > Women > Advantage Woman Savings Account

2. Start online with your Aadhaar number, or visit the nearest ICICI branch

3. Fill out the application form and select your preferred variant

4. Submit documents and photographs

5. Make the initial deposit according to the selected account variant

6. Once verified, your account will be activated

Documents Required

• PAN Card or Form 16 (if PAN not available)

• Aadhaar Card

• Passport

• Driving License

• Voter ID

• Two recent passport-size photographs

The ICICI Advantage Woman Savings Account is more than just a place to save—it’s a financial empowerment tool that gives women access to premium services, safety, and growth. With its tiered structure, you can choose the version that best suits your lifestyle and savings goals.