Opened a New NRI account with ICICI Bank - Charges FAQs

What are the charges applicable on transactions done through your accounts?


Minimum Average Balance Requirement Till 31st March 2015

 NRI RegularNRI ProNRI Premia
Minimum Quarterly average balance* (QAB) INR 15,000 at account level INR 1,00,000 at CASA level INR 5,00,000 at CASA level
Charges** for non maintenance of minimum Quarterly average balance (NMQAB) INR 750 INR 750 INR 750
Waiver of non-maintenance of QAB charges Subject to total monthly average balance of min INR 25,000 at Customer ID level. Subject to total monthly average balance of min INR 5,00,000 at Customer ID level. Subject to total monthly average balance of min INR 25,00,000 at Customer ID level.

* Minimum balance requirement:

  • Account level: Minimum average balance maintained in each Saving/Non-interest bearing account under same Customer ID.
  • CASA level: Cumulative minimum average balance in all Saving/Non-interest bearing accounts under same customer ID.
  • Customer ID level: Quarterly average balance in NRE Savings / Non interest bearing account + Quarterly average balance in NRO Savings / Non interest bearing account + Quarter end balance in Fixed deposit/s and Recurring deposit/s within the same customer ID.

**Service Tax applicable

 

 

Minimum Average Balance Requirement From 1st April 2015

 NRI RegularNRI ProNRI Premia
Minimum Monthly average balance# (MAB) INR 10,000 at account level INR 1,00,000 at CASA level INR 5,00,000 at CASA level
Charges## for non maintenance of minimum Monthly average balance (NMMAB) • MAB between – INR 5,000 to INR 10,000: INR 350 per month
• MAB – Less than INR 5,000: INR 450 per month
• MAB between – INR 50,000 to INR 1,00,000: INR 50 per month
• MAB between – INR 25,000 to INR 50,000: INR 100 per month
• MAB between – INR 10,000 to INR 25,000: INR 200 per month
• MAB between – INR 5,000 to INR 10,000: INR 350 per month
• MAB – Less than INR 5,000: INR 450 per month
• MAB between – INR 4,00,000 to INR 5,00,000: INR 50 per month
• MAB between – INR 3,00,000 to INR 4,00,000: INR 100 per month
• MAB between – INR 1,00,000 to INR 3,00,000: INR 200 per month
• MAB between – INR 50,000 to INR 1,00,000: INR 350 per month
• MAB – Less than INR 50,000: INR 450 per month
Waiver of non-maintenance of MAB charges Subject to total monthly average balance of min INR 25,000 at Customer ID level. Subject to total monthly average balance of min INR 5,00,000 at Customer ID level. Subject to total monthly average balance of min INR 25,00,000 at Customer ID level.

# Minimum balance requirement:

  • Account level: Minimum average balance maintained in each Saving/Non-interest bearing account under same Customer ID.
  • CASA level: Cumulative minimum average balance in all Saving/Non-interest bearing accounts under same customer ID.
  • Customer ID level: Monthly average balance in NRE Savings / Non interest bearing account + Monthly average balance in NRO Savings / Non interest bearing account + Month end balance in Fixed deposit/s and Recurring deposit/s within the same customer ID.

##Service Tax applicable

Please click here to know other charges applicable to your account.