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Privilege Banking Accounts - Senior Citizens
Privilege Account
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| Blue Privilege (Senior Citizen)# | Silver Privilege (Senior Citizen) | Gold Privilege (Senior Citizen) | Titanium Privilege (Senior Citizen) | |||
| Available to | All cities | All cities | All cities | All cities | ||
| Eligibility | Resident Indian, >60yrs | Resident Indian, >60yrs | Resident Indian, >60yrs | Resident Indian, >60yrs | ||
| Minimum average quarterly balance | Rs.10,000* | Rs.25,000* | Rs.50,000* | Min. Rs 5 lac as TRV** and Rs.75,000 as QAB | ||
| Charges for non maintenance of minimum quarterly average balance | Rs.750 per quarter, if QAB falls below Rs.10,000* | Rs.500 per quarter, if QAB is between Rs.25,000 and Rs.10,000; Rs.750 per quarter if QAB falls below Rs.10,000. Waiver of QAB charges if standalone FD of min Rs.1.25 lacs under the same Cust ID as on quarter end. | Rs.250 per quarter if QAB is between Rs.50,000 and Rs.25,000; Rs.500 per quarter, if QAB is between Rs.25,000 and Rs.10,000; Rs.750 per quarter if QAB falls below Rs.10,000. Waiver of QAB charges if standalone FD of min Rs.2.5 lacs under the same Cust ID as on quarter end. | Rs.150 per quarter if QAB is between Rs.75,000 and Rs.50,000; Rs.250 per quarter if QAB is between Rs.50,000 and Rs.25,000 Rs.500 per quarter, if QAB is between Rs.25,000 and Rs.10,000 Rs.750 per quarter if QAB falls below Rs.10,000. Waiver of QAB charges if standalone FD of min Rs.3.75 lacs under the same Cust ID as on quarter end. | ||
| Cash transactions at base branch (branches in same city) | Unlimited Free of Cost | Unlimited Free of Cost | Unlimited Free of Cost | Unlimited Free of Cost | ||
| Anywhere Cash Withdrawals by customer or customers representative to the debit of the customers own savings Account at a non-base branch i.e. branch in other city | Nil for the first cash withdrawal of a calendar month; Thereafter in the month, Rs.5 per thousand rupees or part thereof, subject to a minimum of Rs.150
(Maximum withdrawal limit – Self: Rs.50,000 per day, Third party: Rs.15,000 per day) |
Nil for the first cash withdrawal of a calendar month; Thereafter in the month, Rs.5 per thousand rupees or part thereof, subject to a minimum of Rs.150
(Maximum withdrawal limit – Self: Rs.50,000 per day, Third party: Rs.15,000 per day) |
Waived off (Maximum withdrawal limit – Self: Rs.50,000 per day, Third party: Rs.15,000 per day) |
Waived off (Maximum withdrawal limit – Self: Rs.50,000 per day, Third party: Rs.15,000 per day) |
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| Anywhere Cash deposit by customer or customers representative to the credit of the customers own savings Account at a non-base branch | Nil for the first cash deposit of a calendar month; Thereafter in the month, Rs.5 per thousand rupees or part thereof, subject to a minimum of Rs.150
(Maximum deposit limit – Rs.50,000 per day) |
Nil for the first cash deposit of a calendar month; Thereafter in the month, Rs.5 per thousand rupees or part thereof, subject to a minimum of Rs.150
(Maximum deposit limit – Rs.50,000 per day) |
Waived off (Maximum deposit limit – Rs.50,000 per day) |
Waived off (Maximum deposit limit – Rs.50,000 per day) |
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| ATM Interchange (Transactions at Non ICICI Bank ATMs) | Free | Free | Free | Free | ||
| Transactions at ICICI Bank ATMs | Free | Free | Free | Free | ||
| Issue of DD drawn on ICICI Bank by cheque/transfer | Rs.50 per D.D. up to Rs.10,000;Rs.3 per thousand rupees or part thereof for DD of more than Rs.10,000, subject to a minimum of Rs.75 and maximum of Rs. 15,000 | Nil for D.D. up to Rs.50,000 per day above that Rs 3 per thousand or part thereof; maximum of Rs 15000 | Nil upto for D.D. up to Rs.100,000 per day above that Rs 3 per thousand or part thereof maximum of Rs 15000 | Nil | ||
| Statement | Free Quarterly Statement | Free Quarterly Statement | Free Quarterly Statement | Free Monthly Statement | ||
| Free Monthly e-mail statement on request | Free Monthly e-mail statement on request | Free Monthly e-mail statement on request | Free Monthly e-mail statement on request | |||
| Free Monthly statement to be collected from branch | Free Monthly statement to be collected from branch | Free Monthly statement to be collected from branch | ||||
| Debit Card Fees for first Account Holder | Nil | Nil | Nil | Nil | ||
| Debit Card Fees for joint Account Holder | Nil | Nil | Nil | Nil | ||
| Debit Card Cash withdrawal limit | Daily spending/withdrawal limit: 25,000/25,000 | Daily spending/withdrawal limit: 25,000/25,000 | Daily spending/withdrawal limit: 50,000/50,000 | Daily spending/withdrawal limit: 1,50,000/1,00,000 | ||
| Cheque Books | Nil for 30 payable-at-par cheque leaves in a quarter; Rs. 30 for every additional cheque book of 15 leaves | Nil for 30 payable-at-par cheque leaves in a quarter; Rs. 30 for every additional cheque book of 15 leaves | Free, payable-at-par | Free, payable-at-par | ||
| Charges for Multicity cheque payment | Up to Rs 50,000 per month: no charges; Above Rs 50,000 Rs.3 per thousand rupees on full amount. |
Nil up to Rs 1,00,000 per month. | Free | Free | ||
| NEFT Charges - Inward | Nil | Nil | Nil | Nil | ||
| NEFT Charges - Outward | Upto Rs.1 lakh – Rs. 5 per transaction. Rs. 1 lakh to Rs. 2 lakhs – Rs. 15 per transaction. Above Rs. 2 lakhs - Rs. 25 per transaction. |
Upto Rs.1 lakh – Rs. 5 per transaction. Rs. 1 lakh to Rs. 2 lakhs – Rs. 15 per transaction. Above Rs. 2 lakhs - Rs. 25 per transaction. (Free through ATM & Internet channels) |
Upto Rs.1 lakh – Rs. 5 per transaction. Rs. 1 lakh to Rs. 2 lakhs – Rs. 15 per transaction. Above Rs. 2 lakhs - Rs. 25 per transaction. (Free through ATM & Internet channels) |
Upto Rs.1 lakh – Rs. 5 per transaction. Rs. 1 lakh to Rs. 2 lakhs – Rs. 15 per transaction. Above Rs. 2 lakhs - Rs. 25 per transaction. (Free through ATM & Internet channels) |
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| Outstation cheque collection –through ICICI bank branch locations | Free | Free | Free | Free | ||
| Outstation cheque collection –through non ICICI bank branch locations | Upto Rs. 5,000 – Rs. 25 per instrument. Rs. 5,001 to Rs. 10,000 - Rs. 50 per instrument. Rs. 10,001 to Rs. 1 lakh – Rs 100 per instrument. Above Rs. 1 lakh - Rs. 200 per instrument |
Upto Rs. 5,000 – Rs. 25 per instrument. Rs. 5,001 to Rs. 10,000 - Rs. 50 per instrument. Rs. 10,001 to Rs. 1 lakh – Rs 100 per instrument. Above Rs. 1 lakh - Rs. 200 per instrument |
Upto Rs. 5,000 – Rs. 25 per instrument. Rs. 5,001 to Rs. 10,000 - Rs. 50 per instrument. Rs. 10,001 to Rs. 1 lakh – Rs 100 per instrument. Above Rs. 1 lakh - Rs. 200 per instrument |
Upto Rs. 5,000 – Rs. 25 per instrument. Rs. 5,001 to Rs. 10,000 - Rs. 50 per instrument. Rs. 10,001 to Rs. 1 lakh – Rs 100 per instrument. Above Rs. 1 lakh - Rs. 200 per instrument |
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Note:
# This product is no longer available for new customers
* This is applicable for customers who hold the Privilege Banking account August 21, onwards. Non-maintenance of QAB charges not applicable to Salary customers
For customers who hold the Privilege Account between April 10, 2008 and August 20, 2008
- The new minimum balance requirement and charges will be applicable October 1, 2008 onwards.
- The current minimum required TRV for Gold Privilege Account is Rs.100,000 out of which min QAB requirement in savings account is Rs.50,000
- The current minimum required TRV for Silver Privilege Account is Rs.50,000 out of which min QAB requirement in savings account is Rs.25,000
- The current minimum required TRV for Blue Privilege Account is Rs.25,000 out of which min QAB requirement in savings account is Rs.10,000
- If the required minimum balances are not maintained for two consecutive quarters, Privilege Banking facilities will be withdrawn.
- In addition to the above, If QAB falls below Rs.10,000, non-maintenance of QAB charge @ Rs.750 per quarter is levied. These charges are not applicable for Salary customers
For customers who hold the Privilege Account as on April 9, 2008
- The new definition will be applicable October 1, 2008 onwards.
- The current minimum required TRV for Gold Privilege Account is Rs.100,000 out of which min QAB requirement in savings account is Rs.50,000
- The current minimum required TRV for Silver Privilege Account is Rs.50,000 out of which min QAB requirement in savings account is Rs.25,000
- The current minimum required TRV for Blue Privilege Account is Rs.25,000 out of which min QAB requirement in savings account is Rs.10,000
- If the required minimum balances are not maintained for two consecutive quarters, Privilege Banking facilities will be withdrawn.
- No non-maintenance of QAB charges applicable
** The Total Relationship Value (TRV) consists of the following products either singly or jointly –
- Balances in bank accounts
- Fixed Deposits
- Mutual Funds
- Bonds / Small Savings
- Investment portion of Life Insurance policies
- Alternate Products (Real Estate Funds, Private Equity Funds, Structured Products etc)
The above investments should be through ICICI Bank.
1.Common service charges applicable to all savings account variants except for Wealth Management / ICICI Group Global Private Clients and the ones mentioned above.Click here
2. Service tax @ 10.30 % (as per Govt rules) W.e.f. 24-Feb-09 is applicable over and above charges indicated above. The charges indicated above are subject to periodic revision.
