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Tag: ICICI Bank savings account penalty charges

ICICI Bank lowers min balance requirement to ₹15,000 from ₹50,000

ICICI Bank lowers min balance requirement to ₹15,000 from ₹50,000

August 13, 2025August 13, 2025cpooldigitalLeave a Comment on ICICI Bank lowers min balance requirement to ₹15,000 from ₹50,000

The balance in the savings bank account of ICICI Bank earns an interest of 2.5% per annum, ICICI Bank said. File | Photo Credit: Reuters In a U-turn, ICICI Bank has slashed the minimum monthly average balance (MAB) requirement to ₹15,000 from the earlier steep hike of ₹50,000, citing “valuable feedback” from customers. The minimum balance […]

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ICICI Bank raises minimum balance requirement for savings accounts

ICICI Bank raises minimum balance requirement for savings accounts

August 9, 2025August 9, 2025cpooldigitalLeave a Comment on ICICI Bank raises minimum balance requirement for savings accounts

In the case of Family Banking, the family must collectively maintain 1.5 times the program’s eligibility criteria; otherwise, non-maintenance charges will apply individually to members who do not meet their own MAB requirement. File | Photo Credit: Reuters ICICI Bank has significantly increased the minimum average balance requirement for its savings accounts across all branch […]

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