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Self Help Groups Account

 

Available to

Group A/C for Self Help and Joint Liablity Groups

Eligibility

Group A/C for Self Help and Joint Liablity Groups

Minimum monthly average balance (MAB)MAB is the simple average of day-end balances for a calendar month.

Nil

Service Charges

Cash Transaction Charges
Home Branch (Branch where the account is opened or ported)
(Deposits and withdrawals across branches and deposits in Cash Recycler Machines considered.)

1) Number Limit (Sum total of deposits and withdrawals)
Rs 150 per transaction, post 4 free cash transactions per month.
2) Value Limit (Sum total of deposits and withdrawals)
Rs 5 per Rs 1,000, post free limit of Rs 1 lakh, per month or Rs 150, whichever is higher.

a) Non-Home branch –
Rs 5 per Rs 1,000, for transaction value above Rs 25,000 at non-home branch in a day or Rs 150, whichever is higher.
b) Third party cash transactions charged at Rs 150 per transaction. Per transaction value capped at Rs 25,000.

ATM Interchange (Transactions at Non ICICI Bank ATMs)

Not applicable

Transactions at ICICI Bank ATMs / Cash Recycler Machines (cash withdrawals)

Not applicable

Issue of DD drawn on ICICI Bank by cheque/transfer

Rs.50 per D.D. up to Rs.10,000;Rs.5 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

Debit Card Fees annual fees

Not applicable

Cheque Books 

Nil for 25 cheque leaves in a year;
Rs. 2 per leaf thereafter

Value Added SMS alert facility(For transactions other than specified by regulatory guidelines, sms alerts will be triggered only if the transaction value is greater than Rs.5,000)

Nil

Penal Charges

Charges for non maintenance of minimum monthly average balance

Nil

 

Note:

1. Common service charges applicable to all savings account variants apart from 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.