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ICICI Bank hikes minimum savings balance to ₹50K

Financial Express Chennai

|

August 10, 2025

A Five-Fold Jump

- PRESS TRUST OF INDIA

ICICI BANK HAS raised the minimum balance requirement for its new savings bank accounts opened on or after August 1 by five times to ₹50,000. The minimum monthly average balance (MAB) for savings bank accounts till July 31 for ICICI Bank customers was ₹10,000. Similarly, MAB for semi-urban locations and rural locations have been increased five times to ₹25,000 and ₹10,000, respectively, according to information available on the ICICI Bank website.

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