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M2O Salary Account

 

Available to All Cities
Eligibility All salaried employees of eligible companies based on Product Offering to the company
Minimum monthly average balance (MAB) Nil
Charges for non-maintenance of Minimum MAB Nil
Cash transactions (deposits and withdrawals) at base branch i.e all branches/ Cash Recycler Machine (cash deposits) in the same city Nil
Outstation cheque collection –through ICICI bank branch locations Up to Rs. 5,000 - Rs. 25 per instrument. Rs.5,001 to Rs. 10,000 – Rs. 50 per instrument. Rs. 10,001 to Rs. 1 lac – Rs. 100 per instrument. Above Rs. 1 lac - Rs. 200 per instrument
Outstation cheque collection –through non ICICI bank branch locations Up to Rs. 5,000 - Rs. 25 per instrument. Rs.5,001 to Rs. 10,000 – Rs. 50 per instrument. Rs. 10,001 to Rs. 1 lac – Rs. 100 per instrument. Above Rs. 1 lac - Rs. 200 per instrument
Anywhere Cash Withdrawal Waived off (Maximum withdrawal limit – Self: Any Amount , Third party: Rs.15,000 per day)
Anywhere Cash deposit Waived off (Maximum deposit limit – Self: Any Amount , Third party: Rs.50,000 per day)
Issue of DD drawn on ICICI Bank by cheque/transfer(w.e.f. July 01, 2019) Nil for D.D. up to Rs 100,000 per day above that Rs. 5 per 1000 or part thereof maximum of Rs.15000
Cheque Books Nil
Charges for Multicity cheque payment: Nil
Debit card Nil
Statement Free monthly e-mail statement
Free monthly statement to be collected from branch
Passbook facility available at base branch free of cost
View and download statement facility available on the website
Transactions at ICICI Bank ATMs / Cash Recycler Machines (cash withdrawals)  Nil
ATM Interchange (Non ICICI Bank ATMs) Nil

 

Note:

  1. Common service charges applicable to all Savings Account variants except for Wealth Management / ICICI Bank Private Banking and the ones mentioned above. Click here.
  2. Taxes at prevailing rates as per Govt rules shall be applicable over and above the mentioned charges.The charges indicated above are subject to periodic revision.
  3. *With effect from April 1, 2015:In the event of non-maintenance of minimum MAB, the bank will notify the customer by SMS/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, mobile number and address updated with the Bank at all times,failing which,customer may not receive the notification(s).