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Published on: Jul 30, 2026

Icici Advantage Women Savings Account

ICICI Bank provides offers for women to avail IT certifications, education, healthcare and personality development to increase financial stability and livelihood through Advantage Women Savings Account. The Advantage Women Savings Account is a savings account for women, providing support to create financial stability with benefits.

Objective

  • To support women establish financial independence
  • Provide offers to enhance professional skills
  • Offer double benefits on home loans, insurance and accident cover

Features

  • Anywhere banking
  • Money Multiplier Facility
  • No limit and charges on cash withdrawal at any banking facility
  • Free Internet Banking, Mobile Banking and Email Statement facility
  • Free multi-city cheque book
  • Nomination facility and Standing instructions facility

Eligibility

  • Any woman above the age of 18 is eligible to open an Advantage Woman Savings Account
  • Applicants need to have a valid identity and address proof
  • Should be a resident of India

Monthly balance requirement

The individual must maintain a minimum monthly balance of Rs.10,000.

Benefits of the account

Discount on lockers

ICICI Bank offers 50% discount on first-year locker rentals for Advantage Woman Savings Account holders.

Debit Card Benefits

With the Advantage woman savings account, account holders get free unlimited access to all banks ATMs, without charges. The account holders are also eligible for a cashback of Rs.750 per month on dining, jewellery and entertainment and offer on the usage of Debit Card. Further, account holders get a personal accident insurance protection and purchase protection cover on the card.

High Returns

The account holder can set a balance limit, and any amount over this limit will be converted into a Fixed Deposit (FD) on request. FD has a higher interest rate in this account.

Special Offers

There are preferential rates on personal loans, car loans and home loans for advantage woman savings account holders.

Nomination Facility

  • Anybody can be nominated as a beneficiary to the account.
  • There can be one nominee for a deposit account.
  • Nomination facility is available for bank deposits.
  • Nomination can be made by filling up the form.
  • Any individual legally empowered to operate a minor’s account can also file a nomination on behalf of the minor.

Variants of Advantage Woman Savings Account.

There are four variants of the account, each having different benefits and monthly average balance requirement.

Advantage Woman A/c Regular

Monthly Average Balance (₹10,000)

Benefits:
  • 50% discount on first-year locker rentals
  • Unlimited access to all the bank ATMs
  • Monthly Cashback up to Rs.750 on debit card usage

Advantage Woman A/c Silver

Monthly Average Balance (₹25,000) Benefits:
  • 50% discount on first-year locker rentals and 15% thereafter
  • Unlimited access to all the bank ATMs
  • Monthly Cashback up to Rs.750 on debit card usage
  • Free banking across all branches

Advantage Woman A/c Gold

Monthly Average Balance (₹50,000) Benefits:
  • 50% discount on first-year locker rentals and 20% thereafter
  • Unlimited access to all the bank ATMs
  • Monthly Cashback up to Rs.750 on debit card usage.
  • Exclusive zones and Priority Processing at branches

Advantage Woman A/c Titanium

Monthly Average Balance (₹1,25,000) Benefits:
  • 50% discount on first-year locker rentals and 40% thereafter
  • Unlimited access to all the bank ATMs
  • Monthly Cashback up to Rs.750 on debit card usage.
  • Dedicated relationship manager
  • No charges for DD drawn on the bank by cheque or transfer
  • Exclusive zones and Priority Processing at branches

Application Procedure

Step 1: Choose 'Products' on ICICI homepage > Choose 'Accounts and deposits' > Click Savings Account > Choose Women > Click on 'Advantage Women Savings Account' ICICI Home Page Step 2: Provide an Aadhaar number or visit the nearest bank to open a savings account Step 3: Fill up the application form. Step 4: Choose the savings account variant carefully. Step 5: Provide proof of identity, proof of address, PAN Card and Form 16 if PAN Card is not available. Step 6: Provide 2 passport size photographs and submit documents. Step 7: The bank will verify details to activate the account. Once the account is opened, an initial deposit will have to be made keeping the minimum balance in mind.

Documents Required

  • PAN Card
  • Passport
  • Driving License
  • Aadhaar card
  • Form 16 if PAN card is not available
  • Voter’s ID card
  • 2 passport size photos
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Frequently Asked Questions

Common questions about ICICI Advantage Women Savings Account Features and Benefits.

The ICICI Advantage Woman Savings Account is a special savings account designed for women to support their financial independence. It provides various benefits like discounts on locker rentals, cashback on debit card usage, higher interest rates on fixed deposits, and preferential rates on loans.
Any woman above the age of 18 years who is a resident of India and has a valid identity and address proof is eligible to open an ICICI Advantage Woman Savings Account.
ICICI Bank offers four variants of the Advantage Woman Savings Account: Regular, Silver, Gold, and Titanium. Each variant has different monthly average balance requirements and varying levels of benefits.
The Regular Advantage Woman Savings Account requires a minimum monthly average balance of Rs. 10,000 to be maintained.
The Money Multiplier Facility allows account holders to set a balance limit. Any amount above this limit can be converted into a Fixed Deposit (FD) on request, which typically offers higher interest rates.
The Advantage Woman Savings Account offers a nomination facility, where account holders can nominate a beneficiary to receive the account balance in case of their unfortunate demise. The nomination can be made by filling up a form.
Advantage Woman Savings Account holders get free unlimited access to all bank ATMs without any charges. They are also eligible for a monthly cashback of up to Rs. 750 on dining, jewelry, and entertainment expenses made using their debit card. Additionally, they receive personal accident insurance and purchase protection cover on their debit card.
ICICI Bank offers a 50% discount on the first-year locker rental for Advantage Woman Savings Account holders. The discount percentage varies for subsequent years based on the account variant.
To apply for the ICICI Advantage Woman Savings Account, one can visit the bank's website, select the desired account variant, and provide the required details and documents. Alternatively, one can visit the nearest ICICI Bank branch and fill out the application form.