News

ICICI Bank withdraws Rs 50,000 minimum balance rule for urban locations; revises MAB requirements; check details here

After receiving widespread backlash, ICICI Bank on Wednesday rolled back its recently announced requirement for new account ...

ICICI Bank lowers minimum balance requirement from Rs 50,000 to Rs 15,000 for new urban customers

If a customer fails to maintain the required MAB, ICICI Bank will charge a penalty of 6 per cent of the shortfall or Rs 500 — ...
The Financial Express18h

ICICI Bank removes Rs 50000 minimum balance requirement after backlash, reduces amount

The ICICI bank on Wednesday revised its minimum balance requirement for new savings account after massive backlash for ...

ICICI Bank minimum account balance: Revised charges, who's impacted, penalty, more - All FAQs answered

ICICI Bank has revised its minimum balance requirements, reducing urban and metro areas to ₹15,000 and semi-urban to ₹7,500.
Deccan Chronicle16h

ICICI Bank Cuts Minimum Balance After Backlash

SBI has also revised its Immediate Payment Service (IMPS) transaction charges for retail customers from August 15, and for ...

ICICI Bank vs SBI vs HDFC Bank: How much minimum balance do you need to maintain, and what is the penalty?

Here is a comparison between minimum balance requirements of ICICI Bank vs State Bank of India vs HDFC Bank and how much ...
India Today on MSN6h

ICICI Bank cuts minimum balance after backlash. Check new rules and penalties

The bank's decision comes after strong public criticism, particularly over the earlier increase in urban and metro monthly ...

ICICI Bank stands down, cuts minimum balance after customer ‘feedback’

ICICI Bank has revised minimum monthly average balance to ₹15,000 from ₹50,000 earlier to "better reflect customers ...

ICICI Bank reverses recent changes to minimum balance rules; these account holders no longer need to maintain Rs 50,000 average

Now, with effect from August 1, new ICICI Bank savings accounts will attract a minimum balance requirement of Rs 15,000 in ...

Has ICICI Bank taken a U-turn on Rs 50,000 monthly average balance? Here's what it's website shows

ICICI Bank revises its minimum balance rules for new savings accounts. The new rules are applicable for accounts opened from ...

ICICI Bank faces backlash, reduces minimum average balance for new savings accounts to Rs15,000

The revision came after a pushback from customers and days after the second-largest bank in the country raised the MAB ...

ICICI Bank cuts minimum balance for urban savings accounts to Rs 15,000 from Rs 50,000

Under the revised structure, customers in semi-urban locations will need to maintain an MAB of Rs 7,500, while rural account ...