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ICICI Customers ALERT! Bank to revise THESE service charges from August 1 | All you need to know

ICICI Customers ALERT! Bank to revise THESE service charges from August 1 | All you need to know
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ICICI Customers ALERT! Bank to revise THESE service charges from August 1 | All you need to know

ICICI Bank Alert! Are you ICICI Bank buyer? then right here is a vital replace for you. ICICI financial institution has issued a discover stating revision in few of its service charges for Domestic Savings Account holders. 

The financial institution is all set to revise limits of Cash transactions, ATM Interchange and Chequebook charges for Domestic Savings Account holders. 

The financial institution has talked about this info on its web site. These adjustments in service charges will are available in impact from August 1, 2021. 

The revision within the limits of Cash Transaction Charges will probably be in accordance to the account sorts.

Regular Savings/ Salary Accounts and Variants 

Cash Transaction Charges (Cumulative of Deposit and Withdrawal) 

1) Number Limit (Sum complete of deposits and withdrawals); 4 free money transactions, per 30 days. Charges above free limits: Rs 150, per transaction 

2) Value Limit (Sum complete of deposits and withdrawals); The worth restrict is inclusive of each the house and non-home department transactions 

Cash Transaction Charges (Cumulative of Deposit and Withdrawal) 

1.Number Limit (Sum complete of deposits and withdrawals); 4 free money transactions, per 30 days. Charges above free limits: Rs 150, per transaction 

2.Value Limit (Sum complete of deposits and withdrawals); The worth restrict is inclusive of each the house and non-home department transactions.

  • a) Home Branch (Branch the place account is opened or ported) Rs 1 lakh. Free per 30 days, per account. Above Rs 1 lakh – Rs 5 per Rs 1,000, topic to a minimal of Rs 150 
  • b) Non-Home Branch – No charges for money transactions up to Rs 25,000, per day.  Above Rs 25,000 – Rs 5 per Rs 1,000, topic to a minimal of Rs 150. 

3.  Third-Party Cash transaction (Sum complete of deposits and withdrawals) – Up to a restrict of Rs 25,000 per day – Rs 150, per transaction. Above Rs 25,000 isn’t permitted. 

For Senior Citizen prospects, Young Star/Smart Star Accounts, whereas the restrict of Rs 25,000 per day will probably be relevant, the accounts won’t be charged.  

Silver Savings / Salary Accounts  

Cash Transaction Charges (Cumulative of Deposit and Withdrawal)

1.Number Limit (Sum complete of deposits and withdrawals)

  • 5 free money transactions per 30 days. Charges above free limits: Rs 150 per transaction.

2.Value Limit (Sum complete of deposits and withdrawals) The worth restrict is inclusive of each Home and Non house department transactions.

  • a) Home Branch (Branch the place account is opened or ported) Rs 2 lakh. (w.e.f Aug 01, 2021 – Rs 1 lakh) Free per 30 days per account. Above Rs 2 lakh (w.e.f Aug 01, 2021 – Rs 1 lakh) – Rs 5 per Rs 1,000, topic to a minimal of Rs 150
  • b) Non-Home department –No charges for money transactions worth up to Rs 25,000 per day. Above Rs 25,000 – Rs 5 per Rs 1,000 topic to a minimal of Rs 150

3. Third occasion Cash transaction (Sum complete of deposits and withdrawals) – Up to a restrict of Rs 25,000 per transaction – Rs 150 per transaction.

  • For Senior Citizen prospects, Young Star / Smart Star accounts, whereas the restrict of Rs 25,000 per transaction will probably be relevant, the accounts won’t be charged.

ATM Interchange (Transactions at Non-ICICI Bank ATMs) Charges: Silver, Gold, Magnum, Titanium & Wealth variants  

  • First 3 transactions (inclusive of economic and non monetary) in 6 metro areas (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad) in a month – Free
  • First 5 transactions (inclusive of economic and non monetary)in all different areas in a month – Free
  • Maximum of 5 trxns free in a month with a cap of three free trxns in 6 metro areas
  • Thereafter, Rs.20 per monetary transaction and Rs. 8.50 per non monetary transaction

Cheque Books: Revision in free payable-at-par cheque leaves restrict

  • Nil for 20 (w.e.f Aug 01, 2021 – Nil for 25) payable-at-par cheque leaves in a yr;
  • Rs. 20 for each extra cheque guide of 10 leaves

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