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ICICI Bank raises minimum balance requirements for savings accounts, introducing penalties for non-compliance.
ICICI Bank has raised the minimum average balance (MAB) for new savings accounts starting August 1, 2025.
The new MAB is ₹50,000 in metro and urban areas, ₹25,000 in semi-urban branches, and ₹10,000 in rural areas.
Customers who fail to maintain these balances will incur a penalty of 6% of the shortfall or ₹500, whichever is lower.
The bank has also revised its service charges for cash transactions and ATM usage.
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ICICI Bank aumenta los requisitos mínimos de saldo para las cuentas de ahorro, introduciendo sanciones por incumplimiento.