ICICI Bank Raises Minimum Balance For New Customers: What This Means
ICICI Bank has announced a significant increase in the minimum average monthly balance required for savings accounts opened from August 1, 2025. The change will affect customers across metro, urban, semi-urban and rural branches.
The move, according to a banker quoted by NDTV Profit, is part of a strategy to attract a more premium customer base.
New Minimum Balance Slabs
Under the revised rules, customers opening savings accounts in metro and urban branches must maintain a minimum average monthly balance of Rs 50,000, five times higher than the previous Rs 10,000 requirement.
For semi-urban areas, the threshold for new accounts has been raised to Rs 25,000, while rural branches will Сега изискват 10 000 Rs. In contrast, existing customers will continue with the earlier limits, with many rural and semi-urban accounts retaining a Rs 5,000 minimum average monthly balance requirement.
Penalty for Falling Short
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