Senior Citizen Savings Account

Available to

All cities

Eligibility

Indian resident > 60 yrs of age

Minimum monthly average balance (MAB)*

Rs.4500

Charges for non maintenance of minimum monthly average balance (NMMAB)

 5% of the shortfall in required MAB or Rs. 100 whichever is lower

Cash transactions (deposits and withdrawals) at base branch i.e all branches/ Cash Recycler Machine (cash deposits) in the same city

Nil

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: Any Amount , Third party: Rs.15,000 per day)

Anywhere Cash deposit by customer or customers representative to the credit of the customers own savings Account at a non-base branch i.e. branch in other city

At Branch –Rs. 5 per thousand rupees or part thereof, subject to a minimum of Rs. 150 (Maximum deposit limit –Self: Any Amount, Third party: Rs. 50,000 per day)

At Cash Recycler Machine –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.

Cash Transaction Charges
(Cumulative of Deposit and Withdrawal)
(with effect from Dec 15, 2019)

1) Number Limit (Sum total of deposits and withdrawals)
4 free cash transactions per month.
Charges above free limits: Rs 150 per transaction.

2) Value Limit (Sum total of deposits and withdrawals) The value limit is inclusive of both Home and Non home branch transactions.
a) Home Branch (Branch where account is opened or ported)
Rs 2 lakh. Free per month per account.
Above Rs 2 lakh – Rs 5 per Rs 1,000, subject to a minimum of Rs 150
b) Non-Home branch –
No charges for cash transactions value up to Rs 25,000 per day.
Above Rs 25,000 – Rs 5 per Rs 1,000 subject to a minimum of Rs 150

3) Third party Cash transaction (Sum total of deposits and withdrawals) -
Up to a limit of Rs 25,000 per day – Rs 150 per transaction.
Above Rs 25,000 not allowed.
For Senior Citizen customers, Young Star / Smart Star accounts, while the limit of Rs 25,000 per day will be applicable, the accounts will not be charged.

ATM Interchange (Transactions at Non ICICI Bank ATMs)

Nil

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

Nil

Issue of DD drawn on ICICI Bank by cheque/transfer(w.e.f. July 01, 2019)

For amounts upto Rs.10,000– Rs.40, For amounts above Rs.10,000 till Rs.50,000– Rs.60, For amounts above Rs.50,000- Rs.5 per thousand rupees or part thereof (maximum of Rs.15,000)

Free Monthly e-mail statement

Free Quarterly statement sent by post

Passbook facility available at base branch free of cost

View and download statement facility available on the website

Debit Card Fees for first Account Holder

Nil

Debit Card Fees for joint Account Holder

Nil

Debit Card Cash withdrawal limit

Domestic transaction limit - Daily spending/withdrawal limit: Rs.100,000/Rs.50,000
International transaction limit - Daily spending/withdrawal limit: Rs.100,000/ Rs.50,000

Cheque Books(w.e.f. July 01, 2019)

Nil for 20 payable-at-par cheque leaves in a year;
Rs. 20 for every additional cheque book of 10 leaves

Charges for Multicity cheque payment

Nil

Value Added SMS alert facility

Nil

Outstation cheque collection –through ICICI bank branch locations

Nil

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