What's in it for you?

  • Get up to ₹1 crore Air Accidental Insurance and ₹1 crore Personal Accident cover

  • Extend account benefits to spouse, children and parents

  • Get preferential rates on loans and fee waivers on credit cards

  • Enjoy 24/7 access to a dedicated Defence Banking Helpline

Account Features

  • Balance Requirement

    There is no minimum balance requirement

  • Debit Card Fee

    No joining or annual fee is required

  • Insurance

    Includes Air and Personal Accidental Death cover with no clause on Debit Card spends or activation.

  • ATM Transaction Limit

    Unlimited ATM Transactions at all ICICI Bank ATMs

  • Offers

    Exciting Offers on your Favourite Brands

VIEW ALL SERVICE CHARGES

About Defence Salary Account

Comprehensive Insurance Benefits

Enjoy complimentary insurance including ₹1 crore Air Accident cover, ₹1 crore Personal Accident cover, and disability protection. Also included: ₹5 lakh Child Education benefit (up to 22 years).

No Minimum Balance with Premium Services

No minimum balance required. You also get a Debit Card, cheque book, and access to a wide ATM/branch network across India.

Preferential Credit & Loan Offers

Eligible personnel enjoy Credit Cards with no joining/annual fees (based on rank), loan offers, and discounted processing fees on home, auto and personal loans.

Investment & Savings Made Easy

Invest digitally in Fixed Deposits (FDs), Recurring Deposits (RDs), Mutual Funds, NPS and PPF. Open a 3-in-1 Salary, Demat and Trading Account with no opening charges and first-year AMC waiver.

Seamless Digital Banking Access

Access your account via ICICI Bank's iMobile app or Net Banking. Transfer money, apply for credit, pay bills and manage investments from anywhere, anytime.

Terms and Conditions
  • Complimentary Insurance Covers are valid basis last Salary or Pension, prior to date of loss, drawn in ICICI Bank Defence Salary Account. The terms and conditions as applicable are available at www.icicibank.com
  • Retired personnel are entitled to complimentary insurance covers basis Pension Credit in ICICI Bank Salary or Pension Account for Defence Personnel
  • Permanent total disability and higher education fall under insurance
  • Child Education benefit only after grade XII and age upto 22 years and restricted upto maximum 2 children
  • All loans, cards, associated benefits, features, etc. stated herein are by way of example and offered at the sole discretion of ICICI Bank, subject to the eligibility of the individual applicant
  • Terms and Conditions of ICICI Bank and third parties apply. ICICI Bank is not responsible for third party products, goods, services and offers.
  • All the above mentioned offers and rates for assets and cards are subject to ICICI Bank’s policies and are subject to change at ICICI Bank’s discretion.

 

Defence Salary Account FAQs

Is the Defence Salary Account exclusive to Defence personnel?

Yes. It is designed for Defence personnel and offers customised benefits for their banking, insurance and credit needs.

What insurance covers are included with this account?

You get Air Accidental Death cover of ₹1 Cr, Personal Accident cover of ₹1 Cr, disability benefits, and a ₹5 lakh Child Education benefit.

Is there a minimum balance requirement?

No. The Defence Salary Account comes with a no minimum balance requirement.

Can I extend benefits to my family?

Yes. You can extend account benefits to your spouse, children, and parents  up to 5 family members.

Is there a dedicated customer support channel?

Yes. ICICI Bank offers a toll-free, exclusive Defence Banking Helpline for all account holders.

If we have an existing ICICI Bank Savings Account, can we convert the same to a Salary Account?

Yes, you will have to submit your bank account details to your Company HR and update Company details through the ICICI Bank's iMobile app.

VIEW ALL FAQ’S

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