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Business / Sat, 20 Apr 2024 Mint

ICICI Bank accountholders alert! These 10 service charges to change from next month. Details here

ICICI Bank has updated its savings account service charges, effective from next month. Cash Transaction ChargesHome Branch:₹150 per transaction after the first 3 free cash transactions per month. Third-party cash transactions: ₹150 per transaction, with a transaction cap of ₹25,000. Locker RentAnnual locker rentals vary based on locker size and branch location. View Full Image ICICI Bank locker chargesReissue of Internet user id or password: Not applicable.

ICICI Bank has updated its savings account service charges, effective from next month. Notable changes include revised fees for chequebook issuance, IMPS transactions, and more. Highlights of the new fee schedule include an annual charge of ₹200 for debit cards at regular locations and ₹99 for Gramin locations. As per the ICICI Bank's website, these changes will come into effect from May 1, 2024

A look at services charged that have been revised by ICICI Bank

Debit Card Fees

Annual fee: ₹200 for regular locations, ₹99 for Gramin locations.

Cheque Books

Nil charges for the first 25 cheque leaves annually.

₹4 per leaf thereafter, with a transaction cap of ₹25,000.

Cash Transaction Charges

Home Branch:

₹150 per transaction after the first 3 free cash transactions per month.

₹5 per ₹1,000 beyond the free limit of ₹1 lakh per month or ₹150, whichever is higher.

Non-Home Branch:

₹5 per ₹1,000 for transactions above ₹25,000 per day or ₹150, whichever is higher.

Third-party cash transactions: ₹150 per transaction, with a transaction cap of ₹25,000.

Effective from May 1st, 2024, certain charges apply for various banking services

DD / PO Cancellation / Duplicate / Revalidation

₹100 per instance.

IMPS Outward

Up to ₹1,000: ₹2.50 per transaction.

₹1,001 to ₹25,000: ₹5 per transaction.

Above ₹25,000 to ₹5 lakh: Rs15 per transaction.

Account closure: Nil

Debit Card PIN regeneration Charges: Nil.

Debit Card de-hotlisting: Nil

Balance Certificate: Nil.

Interest Certificate: Nil.

Retrieval of old transactional documents / Enquiries related to old records: Nil.

Photo attestation

₹100 per application/letter.

Signature attestation

₹100 per application/letter.

Address confirmation: Nil.

Inoperative account: Nil.

Stop Payment charges

Particular cheque: ₹100.

Stop Payment Charges - ECS: Not applicable.

Lien marking and unmarking of savings account: Nil.

Locker Rent

Annual locker rentals vary based on locker size and branch location.

View Full Image ICICI Bank locker charges

Reissue of Internet user id or password: Not applicable.

Standing Instructions Setting-up-charge: Nil.

Address change request at branches: Nil.

National Automated Clearing House (NACH) Mandate: One-time mandate authorization charges (physical): Nil.

ECS / NACH Debit Returns

₹500 per instance for financial reasons. Maximum recovery of up to 3 instances per month for the same mandate.

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