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

ICICI Bank has revised its minimum balance requirements, reducing urban and metro areas to ₹15,000 and semi-urban to ₹7,500. Rural areas now require ₹2,500.

The bank had raised its minimum monthly average balance requirement fivefold to Rs 50,000 from Rs 10,000 for new savings ...

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

ICICI Bank, India’s second-largest private sector lender, has reversed its decision to raise the minimum monthly average ...

ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance ...

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

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

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

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

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

In a major development for ICICI Bank customers with a savings account, they are required to maintain a higher minimum ...