Regular Savings Account FAQs

The Monthly Average Balance (MAB) is calculated on a simple average of day-end balances for a calendar month. The MAB is calculated by adding the closing ledger balance of the account of each day from the start of the month to the end of the month. Then the total sum amount is divided by the number of days in that month.

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The charges for Non Maintenance of minimum Monthly Average Balance (NMMAB) depends on the type of Savings Account your are holding with ICICI Bank.

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Minimum Monthly Average Balance (MAB) for a savings account:

Metro and Urban locations - Rs. 10,000
Semi-urban locations - Rs. 5,000
Rural locations - Rs. 2,000
Gramin locations - Rs. 1,000

Charges for Non-maintenance of Minimum MAB (NMMAB) with effect from June 1, 2016:

Metro/ Urban/ Semi-urban/ Rural locations: Rs. 100 + 5% of the shortfall in required MAB.
Gramin locations: 5% of the shortfall in required MAB.

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Savings Account is available for Resident Individual (sole or joint account), Foreign national and Hindu undivided family (HUF) customers, above age of 18 years.

For change of zip or postal code of the communication address updated in your account, you may call our Customer Care from your registered mobile number between 7:00 a.m. and 9:00 p.m. To know the local Customer Care numbers, please click here
 

The charges reflecting in your statement as 'ANW CHRGS' is the Anywhere Cash deposit charges/ Anywhere Cash Withdrawal charges.

Anywhere Cash withdrawal charges is when the customer or customer's representative debit the customer's 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, ₹5 per thousand rupees or part thereof, subject to a minimum of ₹150 (Maximum deposit limit for Self: Any Amount and for third party: ₹15,000 per day).

Anywhere Cash deposit charges is when customer or customer's representative credit the customer's own savings account at a non-base branch i.e. branch in other city.

• At Branch – ₹5 per thousand rupees or part thereof, subject to a minimum of ₹150 (Maximum deposit limit for - - Self: Any Amount and for third party: ₹50,000 per day).
• At Cash Acceptance Machine - Nil for the first cash deposit of a calendar month; thereafter in the month,₹5 per thousand rupees or part thereof, subject to a minimum of ₹150.

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The Monthly Average Balance (MAB) is calculated on a simple average of day-end balances for a calendar month.