I neither have an account with ICICI bank nor I am planning to open. This I have decided with the experience of working of ICICI bank. I will suggest you too to think thousand times before opening an account with them.
My horrible experience with the bank is as follows:
I wanted to transfer some amount to my sister in laws account. So I had deposited a cheque in her account at Mumbai, her account is at Pune.
By my mistake I wrote her name incorrect, as I thought she must have changed her name on the account after her marriage. I had written her name after marriage.
The bank did not deposit that amount into her account as the Name and account number did not match. When I visited the bank they told me the cheque will not be sent for encashment as it has been deposited in their sucpense account and its better if I transfer cash or issue and deposit another cheque on her correct name.
So the amount was deposited in cash in her account as she was urgently in need of that cash and I wanted to reduce my liability too!
Upto this time everything was fine.
One day my bank called me and told me I will have to arrange for the cash to avoid bouncing of that cheque!
I got shocked and was about to get an attack. I am planning to file a suit against the bank as a cheque in suspense account should not be sent for encashment.