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

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

A more value-for-money customer is one objective of ICICI Bank’s higher minimum balance requirement. There are also some cost pressures in the backdrop.

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

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

ICICI Bank has lowered the minimum balance for new savings accounts opened on or after 1st August 2025. Urban customers now ...

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

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

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