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ICICI Bank launches Saral Money bank account product

13 Dec 2012 Evaluate

ICICI Bank, India’s largest private sector bank has launched Saral Money bank account product. It will allow customers to open an account using Aadhaar card as address as well as identity proof, as per the RBI’s guidelines to accept Aadhaar letter as the proof of both identity and address if the address provided by the account holder is the same as that on the Aadhaar card.

Saral Money account is Visa payment settlement-based account and will enable the customer to make purchases, send money or receive government disbursements at the existing ATMs, point of sale terminals and proposed micro ATMs.

ICICI Bank Share Price

1347.50 2.05 (0.15%)
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Peers
Company Name CMP
HDFC Bank 799.90
ICICI Bank 1347.50
Axis Bank 1359.15
Kotak Mahindra Bank 383.50
Indusind Bank 853.15
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