Eligibility
| Particulars | NRI Sparsh Account~~ | NRI Regular/Seafarer Regular/Virtu Regular | NRI Pro/Seafarer Pro/Virtu Pro | NRI Premia/Seafarer Premia/Virtu Premia | |
|---|---|---|---|---|---|
| Minimum Monthly average balance# (MAB) | INR 2,50,000 at CASA level on Quarterly basis | INR 10,000 (Each Account) Or INR 25,000 CASA+FD | For Pro Program (w.e.f Nov'22) : INR 2 Lacs in CASA accts Or INR 5 Lacs in CASA + FD
Or INR 25 Lacs in CASA + FD + Loans* + Demat** + Credit card Spends*** or INR 50 Lacs in Home Loan~ |
For Premia Program (w.e.f Nov'22) : INR 5 Lacs in CASA accts Or INR 25 Lacs in CASA + FD
Or INR 50 Lacs in CASA + FD + Loans* + Demat**+ Credit card Spends*** Or INR 100 Lacs in Home Loan~ |
|
#Minimum balance requirement: ##GST applicable
Program Conditions (Pro & Premia) *ICICI Disbursed value of Auto loans, Education Loans, Personal Loans, Loan against Securities, Loan on Mutual Funds, Business Loans. **Only equity portfolio. ***Average spends of credit cards of last 12 months. ~ICICI Disbursed value of Home Loans. |
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Service Charges
| Particulars | Charges | ||||
|---|---|---|---|---|---|
| NRI Sparsh Account | NRI Regular/Seafarer Regular/Virtu Regular | NRI Pro/Seafarer Pro/Virtu Pro | NRI Premia/Seafarer Premia/Virtu Premia | ||
| Debit Card/ATM | |||||
| Annual Debit Card Fee for First Account Holder/ Joint Account Holder | SILVER : NIL | SILVER : INR 299+GST | SILVER : NIL | SILVER : NIL | |
| PLATINUM : NIL | PLATINUM : INR 299+GST | PLATINUM : NIL | PLATINUM : NIL | ||
| WORLD : NIL | WORLD : INR 399+GST | WORLD : INR 399+ GST | WORLD : NIL | ||
| Replacement Card fees (Lost / Damaged card) | NIL | NIL charges for replacement of card however INR 375 levied toward courier charges. | NIL charges for replacement of card however INR 375 levied toward courier charges. | NIL | |
| Debit Card PIN re-generation Charges^ | NIL | NIL | NIL | NIL | |
| Debit Card de - hotlisting ^ | NIL | NIL | NIL | NIL | |
| ATM Interchange (Transactions at Non ICICI Bank ATMs) | NIL | 6 metro locations (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad): Rs 21 per financial transaction & Rs 8.5 per non-financial transaction, post 3 transactions (inclusive of financial and non-financial transactions). Other than 6 metro locations: Rs 21 per financial transaction and Rs 8.5 per non-financial transaction, post 5 transactions (inclusive of financial and non-financial transactions). Maximum of 5 transactions free in a month, across locations, with a cap of 3 transactions at 6 metro locations. |
NIL | NIL | |
| Transactions at ICICI Bank ATMs in India | Rs 21 per financial transaction, post 5 transactions. All non-financial transactions are free. (Financial transaction includes - Cash Withdrawal; Non Financial transactions include - Balance Inquiry, Mini statement & Pin change) |
Rs 21 per financial transaction, post 5 transactions. All non-financial transactions are free. (Financial transaction includes - Cash Withdrawal; Non Financial transactions include - Balance Inquiry, Mini statement & Pin change) |
Rs 21 per financial transaction, post 5 transactions. All non-financial transactions are free. (Financial transaction includes - Cash Withdrawal; Non Financial transactions include - Balance Inquiry, Mini statement & Pin change) |
Rs 21 per financial transaction, post 5 transactions. All non-financial transactions are free. (Financial transaction includes - Cash Withdrawal; Non Financial transactions include - Balance Inquiry, Mini statement & Pin change) |
|
| Transactions at overseas ATMs | Financial : Rs 125/transaction+3.5% currency conversion charge. Non financial : Rs 25/transaction |
Financial : Rs 125/transaction+3.5% currency conversion charge. Non financial : Rs 25/transaction |
Financial : Rs 125/transaction+3.5% currency conversion charge. Non financial : Rs 25/transaction |
Financial : Rs 125/transaction+3.5% currency conversion charge. Non financial : Rs 25/transaction |
|
| For purchase and ATM transactions outside India at all VISA enabled POS and ATM Machines (Forex conversion charges) | Conversion charge of 3.5% | Conversion charge of 3.5% | Conversion charge of 3.5% | Conversion charge of 3.5% | |
| Lockers | |||||
| Lockers (Customers are entitled for discount only for the first year) | 50% discount on annual fee | Charges as applicable | 40% discount on annual fee | 50% discount on annual fee | |
| Cheques | |||||
| Issue of Cheque Book | NIL | NIL charges for first time issuance of 25 cheque leaves in a year. For reissuance Nil charges for cheque book however INR 375 levied for courier charges |
NIL charges for first time issuance of 25 cheque leaves in a year. For reissuance Nil charges for cheque book however INR 375 levied for courier charges |
NIL | |
| Collection of Outstation cheques | NIL | NIL | NIL | NIL | |
| Stop Payment charges ^ | NIL | Particular cheque - Rs.100 (NIL through customer care IVR & Digital banking) |
Particular cheque - Rs.100 (NIL through customer care IVR & Digital banking) |
NIL | |
| NEFT/RTGS/IMPS | |||||
| NEFT - Outward | NIL | Through Online Channel – NIL |
NIL | NIL | |
| RTGS - Outward | NIL | Through online channel - NIL Rs. 2 lakh to Rs.5 lakh – Rs. 20 per transaction. Rs. 5 lakh and above – Rs. 45 per transaction |
NIL | NIL | |
| IMPS - Outward ^ | NIL | Amount up to Rs 1,000 - Rs 2.50/- per transaction Amount above Rs 1,000 to Rs 25,000 - Rs 5/- per transaction Amount above Rs 25,000 to Rs 5,00,000 - Rs 15/- per transaction |
NIL | NIL | |
| DD/PO | |||||
| DD/PO - Issue by deposit of cash/cheque/transfer | NIL | Rs.50 per DD/PO up to Rs.10,000 Rs.5 per thousand rupees or part thereof for DD/PO of more than Rs.10,000, subject to a minimum of Rs.75 and maximum of Rs. 15,000 |
NIL | NIL | |
| DD/PO - Cancellation / Duplicate / Revalidation ^ | Rs 100 per instance | Rs 100 per instance | Rs 100 per instance | Rs 100 per instance | |
| NACH | |||||
| National Automated Clearing House (NACH) Mandate. One time mandate authorisation charges (physical) ^ | NIL | NIL | NIL | NIL | |
| Standing Instructions | |||||
| Standing Instructions – Setting up ^ | NIL | NIL | NIL | NIL | |
| Statements | |||||
| Issue of Duplicate Statement | NIL | INR 100 per statement at branch or Customer Care (non-IVR), INR 50 per statement through Customer Care (IVR), ATM & Net Banking | NIL | NIL | |
| Cash Transactions | |||||
| Cash deposit charges - Cash Acceptor/Recycler machines | NIL | Charges of Rs 50 per transaction, will be levied on cash deposited in the Cash Acceptor/Recycler machines on bank holidays and between 06:00 p.m. and 08:00 a.m. on working days. The charges would be applicable if the cash deposit in the Cash Acceptor/Recycler machines on bank holidays and between 6 pm and 8 am on working days exceeds Rs 10,000 per month either as a single transaction or multiple transactions. Nil for incapacitated and visually impaired persons. |
NIL | NIL | |
| Cash Transaction Charges (Cumulative of Deposit and Withdrawal) ^ | 1) Number Limit (Sum total of deposits and withdrawals) Rs 150 per transaction, post 5 free cash transactions per month 2) Value Limit (Sum total of deposits and withdrawals) Rs 5 per Rs 1,000, post free limit of Rs. 15 lacs, or Rs 150, whichever is higher. (Not applicable for incapacitated and visually impaired customers) |
1) Number Limit (Sum total of deposits and withdrawals) Rs 150 per transaction, post 3 free cash transactions per month 2) Value Limit (Sum total of deposits and withdrawals) Rs 5 per Rs 1,000, post free limit of Rs 1 lakh, per month or Rs 150, whichever is higher. (Not applicable for incapacitated and visually impaired customers) |
1) Number Limit (Sum total of deposits and withdrawals) Rs 150 per transaction, post 5 free cash transactions per month 2) Value Limit (Sum total of deposits and withdrawals) Rs 5 per Rs 1,000, post free limit of Rs. 15 lacs, or Rs 150, whichever is higher. (Not applicable for incapacitated and visually impaired customers) |
1) Number Limit (Sum total of deposits and withdrawals) Rs 150 per transaction, post 5 free cash transactions per month 2) Value Limit (Sum total of deposits and withdrawals) Rs 5 per Rs 1,000, post free limit of Rs. 15 lacs, or Rs 150, whichever is higher. (Not applicable for incapacitated and visually impaired customers) |
|
| Miscellaneous Charges | |||||
| Balance Certificate ^ | NIL | NIL | NIL | NIL | |
| Interest Certificate ^ | NIL | NIL | NIL | NIL | |
| Account closure ^ | NIL | NIL | NIL | NIL | |
| Retrieval of old transactional documents / Enquiries related to old records ^ | NIL | NIL | NIL | NIL | |
| Photo attestation | INR 100 per application/letter | INR 100 per application/letter | INR 100 per application/letter | INR 100 per application/letter | |
| Signature attestation ^ | Rs. 100 per application/letter | Rs. 100 per application/letter | Rs. 100 per application/letter | Rs. 100 per application/letter | |
| Address confirmation ^ | NIL | NIL | NIL | NIL | |
| Lien marking and unmarking of savings account ^ | NIL | NIL | NIL | NIL | |
| Issue of duplicate pass book | NIL | INR 100 for issuance and INR 25 per page for updating | NIL | NIL | |
| Address change request at branches ^ | NIL | NIL | NIL | NIL | |
| Value added SMS alert facility | NIL | NIL | NIL | NIL | |
| Reissue of Internet user id or password (Branch or non IVR Customer Care) ^ | NIL | NIL | NIL | NIL | |
Penal Charges
| Particulars | NRI Sparsh Account~~ | NRI Regular/Seafarer Regular/Virtu Regular | NRI Pro/Seafarer Pro/Virtu Pro | NRI Premia/Seafarer Premia/Virtu Premia | Remittance Premia | |
|---|---|---|---|---|---|---|
| Charges## for non maintenance of minimum Monthly average balance (NMMAB) | 2% of shortfall in required MAB or 500 whichever is lower (with effect from 1st April, 2022) | 6% of shortfall in required MAB or 500 whichever is lower (with effect from 1st April, 2022) | 3% of shortfall in required MAB or 500 whichever is lower (with effect from 1st April, 2022) PRO Family level MAB up to INR 10 Lacs - 3% of the shortfall in required NMAB or INR 500 whichever is lower |
2% of the shortfall in required MAB or INR 500, whichever is lower PREMIA Family level MAB up to INR 30 Lacs - 2% of the shortfall in required NMAB or INR 500 whichever is lower |
2% of the shortfall in required MAB or INR 500, whichever is lower | |
| Particulars | Charges | |||||
| NRI Sparsh Account | NRI Regular/Seafarer Regular/Virtu Regular | NRI Pro/Seafarer Pro/Virtu Pro | NRI Premia/Seafarer Premia/Virtu Premia | |||
| Decline of transaction at any ATM or point of sale (POS) due to insufficient balance in the account | INR 25 per transaction | INR 25 per transaction | INR 25 per transaction | INR 25 per transaction | ||
| Cheque Return Outward (cheque deposited by customer) | INR 200 for every cheque return for financial reasons | INR 200 for every cheque return for financial reasons | INR 200 for every cheque return for financial reasons | INR 200 for every cheque return for financial reasons | ||
| Cheque Return Inward (cheque issued by customer) | INR 500 per instance for financial reasons. INR 50 per instance for non-financial reasons except for signature verification | INR 500 per instance for financial reasons. INR 50 per instance for non-financial reasons except for signature verification | INR 500 per instance for financial reasons. INR 50 per instance for non-financial reasons except for signature verification | INR 500 per instance for financial reasons. INR 50 per instance for non-financial reasons except for signature verification | ||
| ECS Debit Returns ^ | Rs 500 per instance for financial reasons. Maximum recovery will be done for 3 instances per month for the same mandate. | Rs 500 per instance for financial reasons. Maximum recovery will be done for 3 instances per month for the same mandate. | Rs 500 per instance for financial reasons. Maximum recovery will be done for 3 instances per month for the same mandate. | Rs 500 per instance for financial reasons. Maximum recovery will be done for 3 instances per month for the same mandate. | ||
| Standing Instructions Rejection | Rs 200 per instance for financial reasons | Rs 200 per instance for financial reasons | Rs 200 per instance for financial reasons | Rs 200 per instance for financial reasons | ||
| Deliverable returned by courier | Any deliverable returned by courier due to consignee or address specific reasons (no such consignee/ consignee shifted and no such address, etc.) – INR 50 per instance | Any deliverable returned by courier due to consignee or address specific reasons (no such consignee/ consignee shifted and no such address, etc.) – INR 50 per instance | Any deliverable returned by courier due to consignee or address specific reasons (no such consignee/ consignee shifted and no such address, etc.) – INR 50 per instance | Any deliverable returned by courier due to consignee or address specific reasons (no such consignee/ consignee shifted and no such address, etc.) – INR 50 per instance | ||
| Deliverables destroyed at branches | Any deliverable not picked up (within the stipulated time) - INR 50 per instance | Any deliverable not picked up (within the stipulated time) - INR 50 per instance | Any deliverable not picked up (within the stipulated time) - INR 50 per instance | Any deliverable not picked up (within the stipulated time) - INR 50 per instance | ||
| Portfolio Investment Scheme (PIS) | ||||||
| Sr. No | Fee Head | Fees* | ||||
| 1 | PIS approval Issuance/NRO Ledger Creation | Rs 1,000 (One-time fee) | ||||
| 2 | Annual Account Maintenance Fee | Rs 1,000 | ||||
| 3 | Transaction & Reporting Fee | Rs 100 (per contract note) | ||||
| 4 | 15CA/CB Certificate Issuance of Long Term/Short Term Capital Gains | Rs 200 (per certificate) | ||||
| *Plus GST applicable on all the above charges. | ||||||
| Note: |
→Please note GST would be applicable on all transactions wherever currency conversion is involved w.e.f. July 1, 2017. All other charges, GST as applicable.
→ With effect from April 1, 2015: In the event of non-maintenance of minimum MAB, the bank will notify the customer by E-mail/letter etc. that in the event of the minimum balance not being restored in the account in the subsequent month, non-maintenance of MAB charges will be applicable.
→In case the customer has not maintained MAB for any consecutive month, non-maintenance of MAB charges shall be applicable for all consecutive months. The Bank will notify the customer in the initial month only in case of non-maintenance of MAB in consecutive months. It will be the responsibility of the customer to have a valid e-mail ID and address updated with the Bank at all times, failing which, customer may not receive the notification(s).
