What are the Quarterly Average Balance Charges?

For your convenience ICICI Bank allows you take your account balance down to Zero, there is no minimum balance which is to be maintained at all times.

However, you still need to maintain a Quarterly Average Balance of INR 15,000/- in your NRE and NRO Savings Account or a Total Relationship Size (within the same Customer Identity Number) of INR 25,000/- with ICICI Bank. Failing which, service charges of INR 750 + Service Tax will be levied for the quarter.

For Student’s Accounts, Quarterly Average Balance of INR 5,000/- or a total Customer ID Balance of at least INR 25,000/- is not maintained, the account will be charged.

Details of Other Charges

Sr. No.	Particulars	Charges applicable to Savings accounts wef 23rd October '08
1	Minimum Quarterly Average Balance (QAB)	INR 15000/- per quarter
2	Non Maintenance of Quarterly Average Balance (QAB)	INR 750/- per quarter
3	Account opening charges	NA
4	Account Closure	If closed within one year from date of opening then, INR 500/-, otherwise Nil.
5	Inward Return Charges for any financial reason	INR 350 for one cheque return per month; Thereafter, INR 750 per return in the same month for financial reasons
	Cheque issued by customer	Transfer cheque returned will be charged at Rs 350 per return for financial reasons w.e.f. 05th August, 2009
	Inward Return Charges for non financial reason	INR 50 for non-financial reasons except for signature verification
6	Outward Return Charges – Local	INR 100 plus other bank’s charges at actuals for every cheque return for financial reasons
	Local cheque deposited by customer	Rs 100 for every cheque return for financial reasons
7	Outward Return Charges – Upcountry	INR 150 plus other bank charges at actuals per cheque for financial reasons.
8	SMS Alerts	INR 5/- per SMS for International Numbers. No charges for SMS alerts to Indian numbers
9	Standing Instructions
	i. Setting up Charges	INR 150 per standing instruction
	ii. Amendment Charges	INR 25/- per amendment
	iii. Execution Charges involving payment through DD/PO/ECS etc.	As per remittance plus INR 25/- for out of pocket expenses
10	Stop Payment Charges	INR 50/- per Cheque and INR 100/- for range of cheques in a single mandate
11	Collection of Cheques to upcountry locations (I-Bank locations)	Upto INR 10,000 – INR 50 per instrument INR 10,001 to INR 1 lakh – INR 100 per instrument INR 1,00,001 and above - INR 150 per instrument
	Collection of Cheques to upcountry locations (Non- I Bank locations)	Upto INR 10,000 – INR 50 per instrument INR 10,001 to INR 1 lakh – INR 100 per instrument INR 1,00,001 and above - INR 150 per instrument
12	ATM / Debit Card charges
	i. Annual Fee	INR 199/-
	ii. Re-issue of ATM/Debit card	INR 375/-
	iii. For cash withdrawal	INR 108 per transaction at ATM overseas(w.e.f. 23rd October, 2008)
	iv. ATM Interchange (Transactions at Non- ICICI Bank ATMs)	NIL (w.e.f.15th October, 2009, nil for first five cash withdrawals in the month and Rs 18 per cash withdrawal there after.)
	v. For Balance enquiry	Free Balance enquiry at partner/non partner Bank ATM's in India. INR 25 per transaction at ATM overseas.
	vi. For purchase and ATM transactions outside India at all VISA enabled POS and ATM Machines	3.5% of conversion charge
13	Deliverable Charges
	i. Reissue of ATM / Debit Card and Pins	INR 375/-
	ii. Reissue of Internet Banking User ID	INR 375/-
	iii. Reissue of Internet Banking passwords	INR 375/-
	iv. Reissue of Cheque Book	INR 375/-
	v. Welcome Kit sent to customer post account opening	NA
14	Statement Charges
	i. Monthly - Email	Free
	ii. Monthly – Physical	Free (on customer request at a branch in India only)
	iii. Quarterly - Physical	Free
	iv. Duplicate Statements- applicable for base as well as non-base branches	INR 100 per statement at branch or Customer Care
15	Demand Drafts drawn on ICICI Bank branches
	i. Issue of a DD	INR 50 per D.D. up to INR 10,000; INR 3 per thousand rupees or part thereof for DD of more than INR 10,000, subject to a minimum of INR 75 and maximum of INR 15,000
	Issue by deposit of cash	INR 4 per thousand rupees or part thereof, subject to a minimum of INR 100 and maximum of INR 15000
	ii. Cancellation of draft	INR 100/- per draft
	iii. Issue of Duplicate draft	INR 100/- per draft
	iv. Re-validation of draft	INR 100/- per draft
16	Demand Drafts drawn on Non ICICI Bank branches
	i. Issue of a DD	INR 50 per DD for amounts upto INR 10,000; For DD above INR 10,000 - INR 3 per thousand rupees or part thereof subject to minimum of INR 75 and maximum of INR 15000
	ii. Issue of DD by depositing cash	INR 5 per thousand rupees or part thereof, subject to minimum of INR 100 and maximum of INR 15000
	iii. Cancellation of draft	INR 100/- per draft
	iv. Issue of Duplicate draft	INR 100/- per draft
	v. Re-validation of draft	INR 100 per DD
17	Non-Personalized Cheque Book (available at branches in India only)	INR 25 per leaf
18	PO Issue	INR 75 for PO of up to INR 10,000, For PO above INR 10,000 INR 2.50 per thousand rupees or part thereof, subject to a minimum of INR 75 and maximum of INR 15000
19	PO issue by deposit of cash	INR 150 per PO for amounts up to INR 50,000, For PO above INR 50,000 INR 4 per thousand rupees or part thereof, subject to a minimum of INR 150 and maximum of INR 15000
20	PO - Cancellation / Duplicate / Revalidation	INR 100 per PO
21	NEFT charges outward	Through Branch - Upto Rs 1 Lakh- Rs 5 per transaction. Rs 1 lakh and above- Rs 25 per transaction. Through Internet Banking - Rs 5 per transaction upto Rs 1 Lakh. Above Rs 1 Lakh- Not Allowed.
22	RTGS-Outward	INR 1 to 5 lakh – INR 25 per transaction. INR 5 lakh and above – INR 50 per transaction
23	RTGS-Inward	NIL
24	ECS Debit Returns	INR 250 per return
25	Record copy of old transactional document	(w.e.f. 05th August, 2009) Upto 1 year old Rs 50 per record. More than 1 year old Rs 100 per record.

Note: Service tax of 10.30% is levied on all the applicable charges
- All charges and fees are subject to periodic revision