What you need to do to open a corporate account at ICICI Bank Ahmedabad using iOB
ICICI Bank's iOB (Internet on Branch) platform lets you start a corporate bank account registration online without visiting a branch in person for the initial steps. You will need to gather your company documents, create an account on the iOB portal, fill in your business details, and then visit an ICICI Bank branch in Ahmedabad to complete verification and sign final paperwork. The entire process typically takes two to four weeks from the day you submit your online registration to the day your account becomes active.
The iOB route is faster than walking in cold because the bank pre-screens your documents and prepares your file before you arrive. However, you cannot complete the account opening entirely online — ICICI requires in-person verification of at least one director or authorized signatory, and they need to see original documents.
Key Takeaways
- You start on the iOB portal by entering your company's PAN, business type, and basic details, then upload scanned copies of your incorporation documents.
- ICICI will review your submission and contact you within two to three business days to confirm they have received your file and what additional documents they need.
- You must visit an ICICI Bank branch in Ahmedabad in person to verify your identity, sign the account opening form, and provide original documents — this cannot be done remotely.
- After your branch visit, the bank processes your process and activates your account, which usually takes five to ten business days.
- Your corporate account will come with a current account structure, a dedicated relationship manager, and access to ICICI's online banking platform for businesses.
Documents you need before you start the iOB registration
Gather these documents in digital form (scanned or photographed, clear and readable) before you log into iOB. You will upload them during registration. For a private limited company, you need: Certificate of Incorporation, Memorandum and Articles of Association, PAN certificate of the company, recent bank statement or utility bill showing the registered office address (dated within the last three months), and identity proof and address proof for at least two directors or authorized signatories.
For a partnership firm, the requirements are: Partnership deed, PAN certificate of the firm, identity and address proof for all partners, and a utility bill or bank statement for the registered office. For a sole proprietorship, you need: PAN certificate, business registration certificate (if applicable), identity proof, address proof, and proof of business premises.
If your company has a GST registration, upload that as well — it speeds up verification. Keep all documents as PDF or JPG files under 5 MB each. The bank will ask for original documents when you visit the branch, so do not throw away the physical copies.
Steps to register on the iOB portal
Go to the ICICI Bank website and find the iOB section under corporate banking. Click "Register New Corporate Account" or "Open Account Online". You will be asked to enter your company's PAN number, which the bank uses to look up your basic details in government records. Enter the PAN and click verify.
Next, fill in your company's legal name, business type (private limited, partnership, sole proprietorship, etc.), registered office address, and contact details. The bank will ask who the primary contact person is — this should be a director or authorized signatory. Provide their name, email, phone number, and date of birth.
Upload scanned copies of your incorporation documents. The portal will show you exactly which documents are required based on your business type. Upload each one, and the system will confirm it has received the file. Do not submit until all required fields are filled and all documents are uploaded — incomplete submissions may be rejected.
Review the information you entered, then submit. The bank will send you a confirmation email with a reference number. Save this number — you will need it when you visit the branch.
What happens after you submit your online registration
ICICI's corporate banking team will review your submission within two to three business days. They check that your documents are complete, that your PAN matches government records, and that your business type fits ICICI's account criteria. Most corporate accounts are approved at this stage, but the bank may ask for additional documents — for example, a board resolution authorizing the account opening, or clarification on the nature of your business.
The bank will contact you by email or phone at the number you provided. If they need more documents, they will tell you exactly what and give you a important date (usually five to seven business days). Upload any additional documents through the same iOB portal or email them to the contact person the bank assigns to your process.
Once the bank is satisfied with your documents, they will send you a message saying your file is ready for branch verification. This message will include the name of the ICICI Bank branch in Ahmedabad where you need to go, the name of the relationship manager who will handle your account, and a list of documents to bring with you.
Visiting the ICICI Bank branch in Ahmedabad to complete verification
Schedule an appointment with the branch at least two business days before you plan to visit. You can do this by calling the branch directly or replying to the email from the bank. Bring original copies of all documents you uploaded — the bank will compare them to the scans you submitted. Bring your company's PAN certificate, Certificate of Incorporation (for limited companies), partnership deed (for partnerships), and identity and address proof for the director or signatory who is visiting.
At the branch, a relationship manager will verify your identity, confirm the details you entered online, and ask you to sign the account opening form and the bank's standard terms and conditions. This visit usually takes 30 to 45 minutes. The bank will also take a photograph of the authorized signatory for their records. Do not bring anyone else unless they are also a signatory and need to sign the account opening form.
After you sign, the bank will give you a receipt confirming that your process has been submitted for final processing. Keep this receipt — it shows the date you completed verification. Ask the relationship manager how long it will take for your account to be activated and what you should do if you do not hear from them within that timeframe.
Timeline from registration to account set up
The full process usually takes two to four weeks. Here is what a typical timeline looks like: Day 1, you submit your online registration on iOB. Days 2–3, the bank reviews your submission. Days 4–10, you provide any additional documents the bank requests (if needed). Days 11–12, you visit the branch for verification and sign the account opening form. Days 13–22, the bank processes your process, conducts final checks, and activates your account. You will receive an email confirming that your account is active, along with your account number and instructions for accessing online banking.
This timeline assumes you respond quickly to any requests from the bank and that your documents are in order. If the bank needs to contact your landlord to verify your office address, or if they need clarification on your business activities, the process may take longer. Some applications take only ten business days; others take six weeks. The bank will keep you informed by email or phone.
What to expect after your account is activated
Once your account is live, you will receive a welcome package by post containing your checkbook, debit card (if you requested one), and login credentials for ICICI's online banking platform for businesses. You will also be assigned a dedicated relationship manager who will be your main contact for any questions about your account, loans, or other banking services.
Your corporate account will be a current account, which means there is no limit on the number of deposits or withdrawals you can make. ICICI will charge you a monthly maintenance fee, which varies based on your average monthly balance and transaction volume. Ask your relationship manager for the exact fee structure when your account opens.
You can start using your account when ready to receive payments from customers, pay suppliers, and manage payroll. If you need to add other authorized signatories later, you can do so by submitting a board resolution and their identity and address proof to your relationship manager.
Frequently Asked Questions
Can I open a corporate account at any ICICI Bank branch in Ahmedabad, or does it have to be a specific one?
You can start your registration on iOB from anywhere, but the bank will assign you to a specific branch in Ahmedabad for verification based on which branch is closest to your registered office address. You cannot choose the branch yourself, but you can ask your relationship manager if a different branch is more convenient for you.
What if my company's PAN is not recognized when I enter it on iOB?
This usually means the PAN was registered very recently and has not yet synced with the bank's system. Wait 24 hours and try again. If it still does not work, contact ICICI's corporate helpline or visit a branch in person to start your process manually. They can look up your PAN in the government database directly.
Do all directors have to visit the branch, or just one?
Only one director or authorized signatory needs to visit the branch for verification. However, if your company has multiple authorized signatories, each one who will use the account must provide their identity and address proof, either in person or by submitting certified copies to the bank.
What happens if the bank rejects my process?
The bank will contact you by email or phone and explain why. Common reasons include incomplete documents, a mismatch between your PAN and company records, or a business type that ICICI does not currently serve. If your process is rejected, you can reapply once you have corrected the issue, or you can contact the branch to discuss whether an exception can be made.
Can I use my account before I receive my checkbook and debit card?
Yes. Your account is active as soon as the bank sends you the set up email. You can receive deposits and make online transfers when ready using ICICI's online banking platform. Your physical checkbook and debit card will arrive by post within one to two weeks.