ICICI bank has announced a new bank account for Indian students in UK

Tags: Economy/Finance

ICICI Bank UK, a wholly-owned subsidiary of India’s 2nd largest private sector bank ICICI Bank, has announced on 3 October 2022, the launch of a new account designed for Indian students going for higher education in the United Kingdom. 

The account named “The HomeVantage Current Account (HVCA)”, comes with a Visa debit card valid for use anywhere in the world and can be activated digitally before the students leave India for the UK.

It is an equivalent to a savings account in India, the account holder can activate internet banking and mobile banking once it has been activated. 

ICICI BANK 

It is a private sector bank which was set up in 1994 by ICICI. In 2002 ICICI merged with ICICI bank.

It is the second largest private bank in India after HDFC Bank.

In 1999, ICICI became the first Indian company and the first bank or financial institution from non-Japan Asia to be listed on the New York Stock Exchange.

Managing Director and Chief Executive Officer: Sandeep Bakshi 

Headquarters: Vadodara, Gujarat 

Tagline of the Bank: Khayal Apka