Savings Account – Schedule of Charges
(Accounts opened from August 1, 2025)
We had introduced new requirements for the Monthly Average Balance (MAB) for new Savings
Accounts opened from August 1, 2025. Following valuable feedback from our customers, we
have revised these requirements to better reflect their expectations and preferences. We thank
our customers for their continued trust and feedback, which help us serve them better.
Please note: This Schedule of Charges (SOC) and MAB requirements are not applicable to Salary
Accounts, Senior Citizens / Pensioners (Above 60 years), BSBDA/PMJDY, and Accounts for
people with special needs. They are also not applicable to Savings Accounts opened before July
31, 2025. For SOC of these accounts, click here.
Available in All Cities
Eligibility Resident Indian below 60 years
Minimum monthly average Metro and Urban locations - ₹ 15,000
balance (MAB)* (MAB is the Semi-urban locations - ₹ 7,500
simple average of day-end Rural locations- ₹ 2,500
balances for a calendar
month) Pensioners (Below 60 Years) and Students of 1200 select
institutes – Nil MAB
This SOC is applicable to • Savings Account, Account for Pensioners (Below 60
Years) and Minors
• Programme: Select Banking, Wealth Management and
Private Banking
• Savings Account integrated with Demat & Trading
Account (3-in-1 Account)
Service Charges
Transactions at ICICI Bank ₹ 23 per financial transaction, post 5 transactions. All non-
ATMs / Cash Recycler financial transactions are free. (Financial transaction includes
Machines (cash withdrawals) - Cash Withdrawal; Non-Financial transactions include -
Balance Inquiry, Mini statement & Pin change).
ATM Charges at Non-ICICI • At 6 metro locations (Mumbai, New Delhi, Chennai,
Bank ATMs Kolkata, Bengaluru and Hyderabad): First 3 transactions
are free (inclusive of financial and non-financial
transactions).
• Post that ₹ 23 per financial transaction & ₹ 8.5 per non-
financial transaction are applicable.
• Other than 6 metro locations: First 5 transactions are free
(inclusive of financial and non-financial transactions) Post
that, ₹ 23 per financial transaction and ₹ 8.5 per non-
financial transaction.
• Maximum of 5 transactions free in a month, across
locations, with a cap of 3 transactions at 6 metro
locations.
GST shall be applicable on all mentioned charges.
Cash Transaction Charges Cash Deposits at Branches and Cash Recycler Machines
(Deposits and withdrawals 1) Number Limit - Complimentary 3 cash transaction per
across branches and deposits month, thereafter ₹ 150 per transaction
in Cash Recycler Machines 2) Value Limit - Complimentary up to ₹1 lakh per month
considered.) cumulative. Thereafter, ₹ 3.5 per ₹ 1,000 or ₹ 150 whichever
is higher.
If the threshold of both number and value limit have crossed
for the same transaction, higher of the charges mentioned
above pertaining to number limit or value limit will apply.
Third party cash deposit limit of ₹25,000 per transaction
applicable for all Savings Accounts.
Cash Withdrawal at Branches
1) Number Limit - Complimentary 3 cash transaction per
month, thereafter ₹ 150 per transaction
2) Value Limit - Complimentary up to ₹ 1 lakh per month
cumulative. Thereafter, ₹ 3.5 per ₹ 1,000 or ₹ 150, whichever
is higher.
If the threshold of both number and value limit have crossed
for the same transaction, higher of the charges mentioned
above pertaining to number limit or value limit will apply.
Third party cash withdrawal limit of ₹25,000 per transaction
applicable for all Savings Accounts.
Cash deposit charges - Cash ₹ 50 per transaction during non-working hours, i.e. 4:30pm to
Acceptor/ Recycler machines 9am and holidays, for the deposits exceeding Rs 10,000 per
month either as a single transaction or multiple transactions.
These charges are applicable over and above the charges of
cash transactions.
ATM Charges Outside India ATM withdrawal at other bank (outside India)- ₹ 125/
transaction+3.5% currency conversion charge. Non-financial
₹25/ transaction
Issue of DD drawn on ICICI ₹ 2/1000; Subject to a minimum of ₹ 50 and maximum of
Bank by cheque/ transfer ₹15,000
Debit Card Annual Fees ₹300 p.a. For Gramin locations - ₹150 p.a.
Replacement card Fees ₹300 per instance
Value Added SMS 15 paisa per SMS
Upper limit of ₹100 per quarter
IMPS Outward Nil for online channel
RTGS Outward Online Channel: Nil
Branch: ₹ 2 lakhs to ₹ 5 lakhs: ₹ 20 per txns;
Above ₹ 5 lakhs: ₹ 45 per txns
NEFT Outward Online Channel: Nil
Branch – Up to ₹10 k - ₹ 2.25 per txn
Above ₹ 10k – 1 lakh - ₹ 4.75 per txn
Above ₹ 1 lakh –2 lakhs - ₹ 14.75 per txn
Above ₹ 2 lakhs – 10 lakhs - ₹ 24.75 per txn
Issue of Statement (Green ₹ 100 for each month’s statement per instance printed at
charge) Branch / Phone Banking; Nil at ATM/ iMobile / Internet
Banking
GST shall be applicable on all mentioned charges.
Penal Charges
Charges for non - MAB is the simple average of day-end balances for a calendar
maintenance of minimum month.
monthly average balance 6% of the shortfall in required MAB or ₹500 whichever is lower.
(NMMAB)
Non maintenance charges will be waived off if customer
meets the enrolled programme criteria*#
In case of Family Banking, the customer must collectively
maintain 1.5 times programme eligibility criteria. If family
banking threshold criteria are not met, the non-maintenance
charges will be applicable to family members who do not
maintain individual MAB.
*Programme Criteria are mentioned below
#
Nil charges for Pensioners and Students.
ECS / NACH Debit ₹ 500 per instance for financial reasons. Maximum recovery will
Returns be applicable for 3 instances per month for the same mandate
Cheque return outward ₹ 200 per instance for financial reasons
(cheque deposited by
customer)
Cheque return inward ₹ 500 per instance for financial reasons.
(cheque issued by ₹ 50 for non-financial reasons except for signature verification.
customer)
Decline of transaction at ₹ 25 per transaction
other bank ATMs or point
of sale (POS) due to
insufficient balance in the
account
Programme Eligibility
In addition to opening the standard savings account, customers can enrol or upgrade to any of
the 3 premium programmes of ICICI Bank.
Customer enrolling into the programme needs to maintain the following criteria:
Programme Select Wealth Private
Variants Banking Management Banking
Eligibility* Deposits^ & Balance Deposits^ & Balance Deposits^ & Balance
of ₹ 2L of ₹ 10L of ₹ 50L
or or or
Deposits, Balance, Deposits, Balance, Deposits, Balance,
Mutual Fund Value, Mutual Fund Value, Mutual Fund Value,
Demat of ₹ 25L Demat of ₹ 50L Demat of ₹5Cr
(^Deposits = Balance in Current Account + Balance in Savings Account + Term Deposit/ Recurring Deposit)
If a customer becomes a part of any of the programme mentioned above, they will be eligible for
additional programme-based benefits. For more information, please visit our website at
www.icicibank.com
If customer does not maintain the programme eligibility criteria or Rs 15,000 Minimum Average
Balance, then non-maintenance charges will be levied.
GST shall be applicable on all mentioned charges.
*If the customer does not maintain the programme eligibility criteria of Select Banking/ Wealth
Management/ Private Banking, their programme status will be revised accordingly.
The customers have to meet the programme eligibility criteria through the twelve months from
the month of enrolment. Post one year, the programme eligibility criteria to be met on quarterly
basis to continue enjoying the respective programme benefits.
In case of family banking/grouping, (as per existing process), 1.5 times of above mentioned
criteria will be considered for extending the benefits to entire family/group.
The value of Mutual Fund invested through ICICI Bank and the value of demat holdings in ICICI
Bank will be considered for programme threshold.
Spending Limit for Self-Operated Minor Accounts:
All above charges and criteria will be applicable for self-operated minor accounts. Additionally,
keeping the safety of the minor in mind, spending limits have been put in place for self-operated
minor accounts. These limits are not applicable to guardian – operated minor accounts.
Following are the maximum spending limits for self-operated minor accounts.
Programme Savings Account Savings Select Wealth Private
Variants (independent) Account Banking Management Banking
Annual
₹ 1,00,000 ₹ 2,00,000 ₹ 3,00,000 ₹ 5,00,000 ₹ 6,00,000
Spend Limit
GST shall be applicable on all mentioned charges.
