Trading and Demat account cannot be converted to new residential status. However
Resident ICICI Bank account can be converted to NRO status.
You needs to fill in NRI 3 in 1 Account Opening Form.
The provision of closing Resident Account is available in the NRI 3 in 1 account
opening form. If there are any Mutual Fund Holdings, Resident I direct account would
be closed however you would not be able to redeem the units held till new NRI I
Direct Account is opened and are transferred to NONPINS NRO Account.
Open An Account - 3 Simple Steps:
a. Register on line
b. Print the complete form and follow the checklist for signatures, photographs,
c. Attach the required document and send it to
ICICI Securities Ltd,
ICICI Bank Ltd
A - Wing, 3rd flr.,
Behind Chandivali studio
Chandivali Andheri (E)
Navi Mumbai – 400072.
Conversion of Bank Account
The provision of conversion from RI to NRI is provided on the NRI 3 in 1 account
If you wish to close the Resident Bank Account, you need to co-ordinate with respective
bank branch for the same. Please note that only when the RI accounts ( banks ) are
closed or converted into NRO accounts, NRI I Direct form would be processed.
Transfer of Mutual Funds
For transfer of Mutual fund from Resident ICICIdirect A/c to NRI ICICIdirect A/c,
you need to provide
Internal Transfer from ,
Change in Account status form, PAN Copy and
Change in Tax status request for each AMC. You need to Self
Attest the documents.
You need to send the above mentioned documents at the following address:
Attn: Mutual Funds Operations Team
ICICI Securities Ltd
Shree Sawan Knowledge Park,,
Ground Floor, Plot No. D-507, T.T.C Ind Area,
M.I.D.C, Turbhe, Opp Juinagar Railway Station,
Navi Mumbai - 400705.
Once the NRI application is processed and the new demat account is opened, the customer
can transfer the shares over to the new demat account. Closure of account format
available on www.icicibank.com> Demat Services>Service Requests Forms> Format for
closure of accounts.
Closure letter needs to be sent at:
ICICI BANK LTD;
TRANS TRADE CENTRE,
NEAR FLORAL DECK PLAZA,
Mumbai - 400093.