Family Banking Account - Eligibility

Resident Indian ICICI Bank Savings Account holders (Existing or new) with the exception of 'No Frills' and 'HUF' Account holders
Only Savings Account, Advantage Woman Savings Account, LifePlus Senior Citizen Savings Account and Youngstars Savings Account can be a part of Savings Family
Minimum two members and a maximum of six members can form a Family Banking relationship with ICICI Bank
Family members include parents, spouse, children, grand parents, grand children, in-laws and siblings.
The minimum Monthly Average Balance requirement for a Family ID is defined at the family level instead of the individual Customer ID level and is called Family Monthly Average Balance (FMAB). The minimum FMAB required to be maintained by the family is as follows:

Minimum balance requirement	Gold Privilege Family	Titanium Privilege Family
FMAB	Rs.1,00,000	Rs.1,25,000 (reduced from Rs. 1.5 lac w.e.f. December 1, 2012)
Non-maintenance of FMAB charges	Rs. 100 + 2% of the shortfall in required MAB or Rs. 500 whichever is lower	Rs. 100 + 2% of the shortfall in required MAB or Rs. 500 whichever is lower
Waiver of FMAB charges	Subject to FD of minimum Rs.5 lac under the same Family ID.	Subject to FD of minimum Rs.6.25 lac (reduced from Rs. 7.5 lac w.e.f. December 1, 2012) under the same Family ID