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India Banking Service

Let us help you

Helping you manage your money in the UK and India.
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.

 

Features & Benefits

  • 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.

How do I apply?

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 10,000. To be eligible you need to be of Indian heritage.

These accounts must be in exactly the same names to access the benefits of the India Banking Service.

Call us on 0845 300 0000*.

Our team will make an appointment for you at your closest branch. Just bring the required documents for your application with you.

Find a participating Lloyds TSB branchApply for the India Banking Service at your local branch or phone us on 0845 3000 000 to ask for an application pack.
India Banking Service important information

Personal Banking terms and conditions

*Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to improve our quality of service.

Account opening is subject to our assessment of your circumstances. You must be over 18.