Nomination

Nomination is the facility available to an account holder to name an individual to receive the proceeds of the account after his/her demise.

Why should you add your nominee?

• Ease of Transfer: A nominated person can quickly access the funds, avoiding long process and legal hurdles 

• Security & peace of mind: The account holder ensures that their financial assets will be passed to the right person

• Financial security for dependents: Naming a nominee ensures that dependents receive financial support promptly

What are the features of nomination?

• An account can have only one individual as nominee. 

• It can be made in favour of a minor also.

• Nomination can be made for all types of accounts - Savings, Current, Demat, Recurring and Fixed Deposit.

• Update Nominee details through iMobile app or Internet Banking or visit nearest ICICI Branch

• Addition/modification/deletion of nomination can be made as many times as desired.  

   

iMobile App – Click here

Internet Banking – Click here