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Service Charges
 

What are the Quarterly Average Balance Charges?

For your convenience ICICI Bank allows you take your account balance down to Zero, there is no minimum balance which is to be maintained at all times.

However, you still need to maintain a Quarterly Average Balance of INR 15,000/- in your NRE and NRO Savings Account or a Total Relationship Size (within the same Customer Identity Number) of INR 25,000/- with ICICI Bank. Failing which, service charges of INR 750 + Service Tax will be levied for the quarter.

For Student’s Accounts, Quarterly Average Balance of INR 5,000/- or a total Customer ID Balance of at least INR 25,000/- is not maintained, the account will be charged.

Details of Other Charges

 
     
 

Sr. No.

Particulars Charges applicable till 10th August 08 Charges applicable from 11th August 08
1 Non Maintenance of Quarterly Average Balance (QAB) INR 750/- per quarter INR 750/- per quarter
2
Account Closure If closed within one year from date of opening then, INR 500/-, otherwise Nil. If closed within one year from date of opening then, INR 500/-, otherwise Nil.
3
Inward Return Charges for any financial reason INR 350/- per instrument Rs.350 for one cheque return per month; Thereafter, Rs.750 per return in the same month for financial reasons
  Inward Return Charges for non financial reason NA Rs.50 for non-financial reasons except for signature verification
4
Outward Return Charges – Local INR 75/- per instrument for any financial reason and INR 100/- per instrument for any financial reason if minimum balance is not maintained   Rs.100 plus other bank’s charges at actuals for every cheque return for financial reasons
5
Outward Return Charges – Upcountry INR 125/- per cheque plus other bank charges plus out of pocket expenses     Rs.150 plus other bank charges at actuals per cheque for financial reasons.
6 SMS Alerts Rs. 5/- per SMS for International Numbers. No charges for SMS alerts to Indian numbers Rs. 5/- per SMS for International Numbers. No charges for SMS alerts to Indian numbers
7
Standing Instructions    
  i. Setting up Charges INR 100/- per standing instruction Rs. 150 per standing instruction
  ii. Amendment Charges INR 25/- per amendment   INR 25/- per amendment  
  iii. Execution Charges involving payment through DD/PO/ECS etc. As per remittance plus INR 25/- for out of pocket expenses   As per remittance plus INR 25/- for out of pocket expenses  
8
Stop Payment Charges INR 50/- per Cheque and INR 100/- for range of cheques in a single mandate   INR 50/- per Cheque and INR 100/- for range of cheques in a single mandate  
9
Collection of Cheques to upcountry locations (I-Bank locations) INR 2.50/- per thousand or part thereof minimum INR 30/- Maximum INR 10,000/- INR 3.00/- per thousand or part thereof minimum INR 30/- Maximum INR 15,000/-
  Collection of Cheques to upcountry locations (Non- I Bank locations) INR 3.00/- per thousand or part thereof minimum INR 30/- Maximum INR 10,000/- plus other bank charges as actuals INR 3.50/- per thousand or part thereof minimum INR 50/- Maximum INR 15,000/- plus other bank charges as actuals
10
ATM / Debit Card charges    
  i. Annual Fee INR 199/- INR 199/-
  ii. Reissue of ATM / Debit Card INR 375/- INR 375/-
  iii. For Cash Withdrawal INR 20/- (all inclusive) per transaction at partner/non partner bank ATMs in India. INR 108/- per transaction at ATMs overseas. INR 20/- (all inclusive) per transaction at partner/non partner bank ATMs in India. INR 108/- per transaction at ATMs overseas.
  iv. For Balance Enquiry Free Balance enquiry at partner/non-partner bank ATMs in India. INR 25/- per transaction at ATMs overseas. Free Balance enquiry at partner/non-partner bank ATMs in India. INR 25/- per transaction at ATMs overseas.
  v. For purchases and ATM transactions outside India at all VISA enabled POS and ATM machines. 3.5% currency conversion charge. 3.5% currency conversion charge.
11
Deliverable Charges    
  i. Reissue of ATM / Debit Card and Pins INR 375/- INR 375/-
  ii. Reissue of Internet Banking User ID INR 375/- INR 375/-
  iii. Reissue of Internet Banking passwords INR 375/- INR 375/-

iv. Reissue of Cheque Book INR 375/- INR 375/-
12
Statement Charges    

i. Monthly - Email Free Free

ii. Monthly – Physical Free (on customer request at a branch in India only) Free (on customer request at a branch in India only)

iii. Quarterly - Physical Free Free

iv. Duplicate Statements- applicable for base as well as non-base branches INR100/- per statement at branch or Customer Care Rs.100 per statement at branch or Customer Care
13
Demand Drafts drawn on ICICI Bank branches

i. Issue of a DD INR 2.00/- per 1000 or part thereof, subject to minimum of INR 50/- Rs.50 per D.D. up to Rs.10,000;Rs.3 per thousand rupees or part thereof for DD of more than Rs.10,000, subject to a minimum of Rs.75 and maximum of Rs. 15,000

Issue by deposit of cash Nil Rs.4 per thousand rupees or part thereof, subject to a minimum of Rs.100 and maximum of Rs. 15000

ii. Cancellation of draft INR 100/- per draft INR 100/- per draft

iii. Issue of Duplicate draft INR 100/- per draft INR 100/- per draft

iv. Re-validation of draft INR 100/- per draft INR 100/- per draft
14
Demand Drafts drawn on Non ICICI Bank branches

i. Issue of a DD INR 2.50/- per 1000. Minimum INR 50/- Maximum - No limit Rs. 50 per DD for amounts upto Rs.10,000; For DD above Rs.10,000 - Rs.3 per thousand rupees or part thereof subject to minimum of Rs. 75 and maximum of Rs. 15000

ii. Issue of DD by depositing cash INR 5/- per thousand or part thereof. minimum INR 100/- maximum - No limit Rs.5 per thousand rupees or part thereof, subject to minimum of Rs.100 and maximum of Rs. 15000

iii. Cancellation of draft INR 100/- per draft INR 100/- per draft

iv. Issue of Duplicate draft INR 100/- per draft INR 100/- per draft

v. Re-validation of draft INR 50/- per draft Rs. 100 per DD
15
Non-Personalized Cheque Book (available at branches in India only) INR 50/- per cheque book of 5 leaves Rs 25 per leaf
16
PO Issue Nil Rs.75 for PO of up to Rs.10,000, For PO above Rs.10,000 Rs.2.50 per thousand rupees or part thereof, subject to a minimum of Rs.75 and maximum of Rs.15000
17 PO issue by deposit of cash Nil Rs.150 per PO for amounts up to Rs.50,000, For PO above Rs. 50,000 Rs.4 per thousand rupees or part thereof, subject to a minimum of Rs.150 and maximum of Rs.15000
18 PO - Cancellation / Duplicate / Revalidation Nil Rs. 100 per PO
19 NEFT Charges - Outward at branch Nil Rs. 25 per transaction
20 RTGS-Outward Nil Rs.1.50 per thousand rupees or part thereof, subject to a minimum of Rs.50 and maximum of Rs.1,500
21 RTGS-Inward Nil Rs. 25 per transaction
22 ECS Debit Returns INR 200 per return INR 250 per return
 
 
 
Note: Service tax of 12.36% is levied on all the applicable charges