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ICICI Bank’s Latest Update on Savings Account Service Charges – Check Out the New Rates and Effective Date!

After the first 25 checks are used, each leaf incurs a charge of Rs 4. The transaction cap is set at Rs 25,000.

By Newsd
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ICICI Bank Latest Update on Savings Account Service Charges

ICICI Bank Latest Update on Savings Account Service Charges: It has been announced that ICICI Bank’s savings account service charges will change soon. Several banking service charges have been revised, including debit card fees, cash transactions, cheque-book issuance fees, etc.

Different locations have different debit card fees

With the revision, ICICI Bank will charge an annual fee of Rs 200 for debit cards used at regular locations and Rs 99 for Gramin locations.

Also Read: National Health Savings Account Day 2023: History, FAQs, Dates, Activities, and Facts

Charges for chequebooks

After the first 25 checks are used, each leaf incurs a charge of Rs 4. The transaction cap is set at Rs 25,000.

Charges for cash transactions at home branches

At the home branch, the first three cash transactions are free of charge. It means the first three transactions are free of charge.

Upon exceeding this limit, customers must pay Rs 150 per transaction. Furthermore, a fee of Rs 5 per Rs 1,000 will apply beyond the free limit of Rs 1 lakh per month.

Also Read: Small Savings Schemes vs. Bank FD – Unveiling the Battle of Returns, Latest Interest Rates for PPF, NSC, SSY

Charges for cash transactions at non-home branches

For amounts exceeding Rs 25,000 per day or Rs 150, whichever is higher, non-home branch transactions will be charged Rs 5 per Rs 1,000. Third-party cash transactions will be charged Rs 150 per transaction, with a transaction cap of Rs 25,000.

Charges for DD / PO cancellations, duplicates, and revalidations

The cost of cancelling, duplicating, or revalidating a Demand Draft (DD) or Pay Order (PO) will be Rs 100 per instance.

Charges for IMPS transactions

The charges for Immediate Payment Service (IMPS) transactions range from Rs 2.50 to Rs 15 per transaction.

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