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 |
Cheque Books | Nil |
Charges for Multicity cheque payment: | Nil |
Debit card | 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 |
Note:
- 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).