ICICI Bank raises minimum balance requirement for new savings accounts to ₹50,000, impacting rural and semi-urban customers.

The changes apply only to accounts opened on or after August 1, alongside revised cash transaction and ATM usage charges.

ICICI Bank's announcement last week had raised the MAB to Rs 50,000, which was in contrast to other banks that have ...

Let's delve into a comparative analysis of the minimum balance requirements by major banks in the country, such as the State ...

The private sector bank has updated its savings account service charges, where new savings bank accounts opened in metro and ...

ICICI Bank has increased the minimum average balance for new savings accounts effective August. Metro and urban areas require ...

With its hike in the minimum required balance, ICICI is clearly indicating its preference to serve only the more well-off ...

Rs 15,000 for customers in metro and urban areas, Rs 7,500 for semi-urban customers, and Rs 2,500 for those in rural ...

ICICI Bank lowers minimum monthly average balance for new savings accounts to Rs 15,000 in urban areas from August 2025, ...

This decision comes days after the bank faced sharp criticism from customers as well as civil society groups, for raising the ...

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

ICICI Bank recently announced a major minimum average balance (MAB) hike effective August 1, 2025. This change will apply ...