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Keep ₹50k min balance in a/c: ICICI
The New Indian Express Kozhikode
|August 10, 2025
The 2nd largest lender has raised 5-fold the min average monthly balance requirements
THE second largest private sector lender ICICI Bank has effected a steep five-fold increase in the minimum average monthly balance requirements in new savings accounts (non-salary) opened from this month across all regions with the threshold in metros going up to ₹50,000 from ₹10,000, and in non-metros to ₹25,000 from ₹5,000 now.
The bank in a notification, however, clarified that the new requirements are applicable only on non-salary account holders. Non-maintenance of the required balance will invite a penalty of 6% of the required balance deficit or ₹500, whichever is less.
Bu hikaye The New Indian Express Kozhikode dergisinin August 10, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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