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ICICI revises minimum balance requirement for new savings a/cs

Name: ICICI revises minimum balance requirement for new savings a/cs
Uploaded: Thu, 14 Aug 2025 19:39:15 +0530
Channel: Rediff Video Desk
Description: ICICI Bank has reversed its decision to raise the minimum monthly average balance (MAB) for new savings accounts in metro and urban locations to Rs 50,000, revising it instead to Rs 15,000, effective August 1.The MAB for new savings accounts in semi-urban locations has been revised from Rs 25,000 to Rs 7,500, and for rural locations from Rs 10,000 to Rs 2,500.

ICICI Bank has reversed its decision to raise the minimum monthly average balance (MAB) for new savings accounts in metro and urban locations to Rs 50,000, revising it instead to Rs 15,000, effective August 1. The MAB for new savings accounts in semi-urban locations has been revised from Rs 25,000 to Rs 7,500, and for rural locations from Rs 10,000 to Rs 2,500.

Uploaded by: Rediff Video Desk on Thu, 14 Aug 2025 19:39:15 +0530

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