India Banking Service

Current Account

We work with ICICI Bank, India's second largest bank, to help you manage your money in the UK and India. All you need is a nominated and eligible Lloyds TSB current account and an ICICI Bank Non-Resident External (NRE) savings account. You can open both accounts at any Lloyds TSB branch.

-You can transfer money between your nominated and eligible Lloyds TSB current account and your ICICI Bank NRE savings account by bill payment or standing order over the phone and at branches.
-We won't charge you to make transfers. Please note that ICICI Bank will make a conversion charge (currently 25 Rupees).
-Fast transfers - within 3 working days.
-Attractive £££ to rupee exchange rates.
-Make money transfers and get exchange rate quotes over the phone.
-Ability to appoint a person living in India to have access to your account.
-Our team can help with your India Banking Service enquiries on 0845 300 0000* (or +44 1733 347 007 from abroad), 24 hours a day including public holidays.

Current

To apply for the India Banking Service you must be at least 18 years old and open both;

-a Lloyds TSB Added Value Account
-an ICICI Bank Non-Residential External (NRE) savings account which needs to maintain a quarterly average balance of at least Rs