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|
|Charges for Multicity cheque payment:||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|
- Common service charges applicable to all Savings Account variants except for Wealth Management / ICICI Bank Private Banking and the ones mentioned above. Click here.
- 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.
- *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).