ICICI Bank has updated its savings account service charges, effective from next month. Notable changes include revised fees for chequebook issuance, IMPS transactions, and more. Highlights of the new fee schedule include an annual charge of ₹200 for debit cards at regular locations and ₹99 for Gramin locations. As per the ICICI Bank's website, these changes will come into effect from May 1, 2024
A look at services charged that have been revised by ICICI Bank
Annual fee: ₹200 for regular locations, ₹99 for Gramin locations.
Nil charges for the first 25 cheque leaves annually.
₹4 per leaf thereafter, with a transaction cap of ₹25,000.
₹150 per transaction after the first 3 free cash transactions per month.
₹5 per ₹1,000 beyond the free limit of ₹1 lakh per month or ₹150, whichever is higher.
₹5 per ₹1,000 for transactions above ₹25,000 per day or ₹150, whichever is higher.
Third-party cash transactions: ₹150 per transaction, with a transaction cap of ₹25,000.
₹100 per instance.
Up to ₹1,000: ₹2.50 per transaction.
₹1,001 to ₹25,000: ₹5 per transaction.
Above ₹25,000 to ₹5 lakh: Rs15 per transaction.
₹100 per application/letter.
₹100 per application/letter.
Address confirmation: Nil.
Inoperative account: Nil.
Particular cheque: ₹100.
Stop Payment Charges - ECS: Not applicable.
Lien marking and unmarking of savings account: Nil.
Annual locker rentals vary based on locker size and branch location.
₹500 per instance for financial reasons. Maximum recovery of up to 3 instances per month for the same mandate.
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