RSP Loan Account Opening Requirements

What we need from you -


ICICI Bank FAS needs 1,2,3 and 4(below) to be lodged for each new customer:

These requirements apply to RSP Loan Accounts to invest in:
2. RSP Savings

1. ICICI Bank RSP Loan Application Form (The application will not be accepted if the customer’s TDSR is more than 40% and/or the customer has declared bankruptcy in the last 7 years)

2. TDSR Calculation

3. Proof of Income (only if loan is over $10,000)




4. Client Consent Form#, being either a or b:

a. ICICI Bank Schedule E

b. FCIDB Client Information & Consent Form*

# Client Consent Form needs to be signed by each applicant

* Only accepted by ICICI Bank FAS when lodged by a member in good standing of the FCIDB

What you need to retain at your office -


Please retain a copy of 2 pieces of identification (ID) for each individual (Photocopied front & back to clearly identify the individual's signature), ensuring that at least one piece is from List A below:

Primary Identification (List A)
We require at least one piece of ID from this list

Secondary Identification (List B)
ID from this section must include individual's name

  • Valid Canadian Driver's License
  • Valid Canadian Passport
  • Certificate of Canadian Citizenship or Certification of Naturalization in paper or card form
  • Permanent Resident Card or Citizenship and Immigration Canada form IMM 1000 or IMM 1442
  • Canadian Birth Certificate
  • Canadian Social Insurance Number (SIN) Card
  • Canadian Old Age Security Card
  • Government of Canada Certificate of Indian Status
  • Provincial Health Insurance Card (not permitted by provincial Prince Edward Island, Manitoba or Ontario)
  • Provincial Personal Identification Card, bearing your photograph and signature
  • Employee Identification Card, issued by a well known employer, bearing your photograph
  • ATM or Bank Card issued by a member of the Canadian Payments Association (CPA) with your signature on the same
  • Credit Card issued by a member of the CPA with your signature on the same
  • Canadian National Institute for the Blind (CNIB), bearing your photograph and signature