Eligibility
| Particulars | NRI Sparsh Account~~ | NRI Regular/Seafarer Regular/Virtu Regular | NRI Pro/Seafarer Pro/Virtu Pro | NRI Premia/Seafarer Premia/Virtu Premia | |
|---|---|---|---|---|---|
| Minimum Monthly average balance# (MAB) | INR 2,50,000 at CASA level on Quarterly basis | INR 10,000 (Each Account) Or INR 25,000 CASA+FD | For Pro Program (w.e.f Nov'22) : INR 2 Lacs in CASA accts Or INR 5 Lacs in CASA + FD
Or INR 25 Lacs in CASA + FD + Loans* + Demat** + Credit card Spends*** or INR 50 Lacs in Home Loan~ |
For Premia Program (w.e.f Nov'22) : INR 5 Lacs in CASA accts Or INR 25 Lacs in CASA + FD
Or INR 50 Lacs in CASA + FD + Loans* + Demat**+ Credit card Spends*** Or INR 100 Lacs in Home Loan~ |
|
#Minimum balance requirement: ##GST applicable
Program Conditions (Pro & Premia) *ICICI Disbursed value of Auto loans, Education Loans, Personal Loans, Loan against Securities, Loan on Mutual Funds, Business Loans. **Only equity portfolio. ***Average spends of credit cards of last 12 months. ~ICICI Disbursed value of Home Loans. |
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Service Charges
| Particulars | Charges | ||||
|---|---|---|---|---|---|
| NRI Sparsh Account | NRI Regular/Seafarer Regular/Virtu Regular | NRI Pro/Seafarer Pro/Virtu Pro | NRI Premia/Seafarer Premia/Virtu Premia | ||
| Debit Card/ATM | |||||
| Annual Debit Card Fee for First Account Holder/ Joint Account Holder | SILVER : NIL | SILVER : INR 299+GST | SILVER : NIL | SILVER : NIL | |
| PLATINUM : NIL | PLATINUM : INR 299+GST | PLATINUM : NIL | PLATINUM : NIL | ||
| WORLD : NIL | WORLD : INR 399+GST | WORLD : INR 399+ GST | WORLD : NIL | ||
| Replacement Card fees (Lost / Damaged card) | NIL | NIL charges for replacement of card however INR 375 levied toward courier charges. | NIL charges for replacement of card however INR 375 levied toward courier charges. | NIL | |
| Debit Card PIN re-generation Charges^ | NIL | NIL | NIL | NIL | |
| Debit Card de - hotlisting ^ | NIL | NIL | NIL | NIL | |
| ATM Interchange (Transactions at Non ICICI Bank ATMs) | NIL | 6 metro locations (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad): Rs 21 per financial transaction & Rs 8.5 per non-financial transaction, post 3 transactions (inclusive of financial and non-financial transactions). Other than 6 metro locations: Rs 21 per financial transaction and Rs 8.5 per non-financial transaction, post 5 transactions (inclusive of financial and non-financial transactions). Maximum of 5 transactions free in a month, across locations, with a cap of 3 transactions at 6 metro locations. |
NIL | NIL | |
| Transactions at ICICI Bank ATMs in India | Rs 21 per financial transaction, post 5 transactions. All non-financial transactions are free. (Financial transaction includes - Cash Withdrawal; Non Financial transactions include - Balance Inquiry, Mini statement & Pin change) |
Rs 21 per financial transaction, post 5 transactions. All non-financial transactions are free. (Financial transaction includes - Cash Withdrawal; Non Financial transactions include - Balance Inquiry, Mini statement & Pin change) |
Rs 21 per financial transaction, post 5 transactions. All non-financial transactions are free. (Financial transaction includes - Cash Withdrawal; Non Financial transactions include - Balance Inquiry, Mini statement & Pin change) |
Rs 21 per financial transaction, post 5 transactions. All non-financial transactions are free. (Financial transaction includes - Cash Withdrawal; Non Financial transactions include - Balance Inquiry, Mini statement & Pin change) |
|
| Transactions at overseas ATMs | Financial : Rs 125/transaction+3.5% currency conversion charge. Non financial : Rs 25/transaction |
Financial : Rs 125/transaction+3.5% currency conversion charge. Non financial : Rs 25/transaction |
Financial : Rs 125/transaction+3.5% currency conversion charge. Non financial : Rs 25/transaction |
Financial : Rs 125/transaction+3.5% currency conversion charge. Non financial : Rs 25/transaction |
|
| For purchase and ATM transactions outside India at all VISA enabled POS and ATM Machines (Forex conversion charges) | Conversion charge of 3.5% | Conversion charge of 3.5% | Conversion charge of 3.5% | Conversion charge of 3.5% | |
| Lockers | |||||
| Lockers (Customers are entitled for discount only for the first year) | 50% discount on annual fee | Charges as applicable | 40% discount on annual fee | 50% discount on annual fee | |
| Cheques | |||||
| Issue of Cheque Book | NIL | NIL charges for first time issuance of 25 cheque leaves in a year. For reissuance Nil charges for cheque book however INR 375 levied for courier charges |
NIL charges for first time issuance of 25 cheque leaves in a year. For reissuance Nil charges for cheque book however INR 375 levied for courier charges |
NIL | |
| Collection of Outstation cheques | NIL | NIL | NIL | NIL | |
| Stop Payment charges ^ | NIL | Particular cheque - Rs.100 (NIL through customer care IVR & Digital banking) |
Particular cheque - Rs.100 (NIL through customer care IVR & Digital banking) |
NIL | |
| NEFT/RTGS/IMPS | |||||
| NEFT - Outward | NIL | Through Online Channel – NIL |
NIL | NIL | |
| RTGS - Outward | NIL | Through online channel - NIL Rs. 2 lakh to Rs.5 lakh – Rs. 20 per transaction. Rs. 5 lakh and above – Rs. 45 per transaction |
NIL | NIL | |
| IMPS - Outward ^ | NIL | Amount up to Rs 1,000 - Rs 2.50/- per transaction Amount above Rs 1,000 to Rs 25,000 - Rs 5/- per transaction Amount above Rs 25,000 to Rs 5,00,000 - Rs 15/- per transaction |
NIL | NIL | |
| DD/PO | |||||
| DD/PO - Issue by deposit of cash/cheque/transfer | NIL | Rs.50 per DD/PO up to Rs.10,000 Rs.5 per thousand rupees or part thereof for DD/PO of more than Rs.10,000, subject to a minimum of Rs.75 and maximum of Rs. 15,000 |
NIL | NIL | |
| DD/PO - Cancellation / Duplicate / Revalidation ^ | Rs 100 per instance | Rs 100 per instance | Rs 100 per instance | Rs 100 per instance | |
| NACH | |||||
| National Automated Clearing House (NACH) Mandate. One time mandate authorisation charges (physical) ^ | NIL | NIL | NIL | NIL | |
| Standing Instructions | |||||
| Standing Instructions – Setting up ^ | NIL | NIL | NIL | NIL | |
| Statements | |||||
| Issue of Duplicate Statement | NIL | INR 100 per statement at branch or Customer Care (non-IVR), INR 50 per statement through Customer Care (IVR), ATM & Net Banking | NIL | NIL | |
| Cash Transactions | |||||
| Cash deposit charges - Cash Acceptor/Recycler machines | NIL | Charges of Rs 50 per transaction, will be levied on cash deposited in the Cash Acceptor/Recycler machines on bank holidays and between 06:00 p.m. and 08:00 a.m. on working days. The charges would be applicable if the cash deposit in the Cash Acceptor/Recycler machines on bank holidays and between 6 pm and 8 am on working days exceeds Rs 10,000 per month either as a single transaction or multiple transactions. Nil for incapacitated and visually impaired persons. |
NIL | NIL | |
| Cash Transaction Charges (Cumulative of Deposit and Withdrawal) ^ | 1) Number Limit (Sum total of deposits and withdrawals) Rs 150 per transaction, post 5 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. 15 lacs, or Rs 150, whichever is higher. (Not applicable for incapacitated and visually impaired customers) |
1) Number Limit (Sum total of deposits and withdrawals) Rs 150 per transaction, post 3 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. (Not applicable for incapacitated and visually impaired customers) |
1) Number Limit (Sum total of deposits and withdrawals) Rs 150 per transaction, post 5 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. 15 lacs, or Rs 150, whichever is higher. (Not applicable for incapacitated and visually impaired customers) |
1) Number Limit (Sum total of deposits and withdrawals) Rs 150 per transaction, post 5 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. 15 lacs, or Rs 150, whichever is higher. (Not applicable for incapacitated and visually impaired customers) |
|
| Miscellaneous Charges | |||||
| Balance Certificate ^ | NIL | NIL | NIL | NIL | |
| Interest Certificate ^ | NIL | NIL | NIL | NIL | |
| Account closure ^ | NIL | NIL | NIL | NIL | |
| Retrieval of old transactional documents / Enquiries related to old records ^ | NIL | NIL | NIL | NIL | |
| Photo attestation | INR 100 per application/letter | INR 100 per application/letter | INR 100 per application/letter | INR 100 per application/letter | |
| Signature attestation ^ | Rs. 100 per application/letter | Rs. 100 per application/letter | Rs. 100 per application/letter | Rs. 100 per application/letter | |
| Address confirmation ^ | NIL | NIL | NIL | NIL | |
| Lien marking and unmarking of savings account ^ | NIL | NIL | NIL | NIL | |
| Issue of duplicate pass book | NIL | INR 100 for issuance and INR 25 per page for updating | NIL | NIL | |
| Address change request at branches ^ | NIL | NIL | NIL | NIL | |
| Value added SMS alert facility | NIL | NIL | NIL | NIL | |
| Reissue of Internet user id or password (Branch or non IVR Customer Care) ^ | NIL | NIL | NIL | NIL | |
Penal Charges
| Particulars | NRI Sparsh Account~~ | NRI Regular/Seafarer Regular/Virtu Regular | NRI Pro/Seafarer Pro/Virtu Pro | NRI Premia/Seafarer Premia/Virtu Premia | Remittance Premia | |
|---|---|---|---|---|---|---|
| Charges## for non maintenance of minimum Monthly average balance (NMMAB) | 2% of shortfall in required MAB or 500 whichever is lower (with effect from 1st April, 2022) | 6% of shortfall in required MAB or 500 whichever is lower (with effect from 1st April, 2022) | 3% of shortfall in required MAB or 500 whichever is lower (with effect from 1st April, 2022) PRO Family level MAB up to INR 10 Lacs - 3% of the shortfall in required NMAB or INR 500 whichever is lower |
2% of the shortfall in required MAB or INR 500, whichever is lower PREMIA Family level MAB up to INR 30 Lacs - 2% of the shortfall in required NMAB or INR 500 whichever is lower |
2% of the shortfall in required MAB or INR 500, whichever is lower | |
| Particulars | Overdraft account | |||||
| Penal charges for late payment of Overdraft against Fixed Deposits | Penal Charges applicable for late payment will be 5%, which shall be charged on the overdue amount and/or overdrawn amount from the due date till the date of actual payment. Upon levy of such Penal Charges, the borrower shall pay the said Penal Charges along with the applicable Goods and Services Tax (GST). | |||||
| Particulars | Charges | |||||
| NRI Sparsh Account | NRI Regular/Seafarer Regular/Virtu Regular | NRI Pro/Seafarer Pro/Virtu Pro | NRI Premia/Seafarer Premia/Virtu Premia | |||
| Decline of transaction at any ATM or point of sale (POS) due to insufficient balance in the account | INR 25 per transaction | INR 25 per transaction | INR 25 per transaction | INR 25 per transaction | ||
| Cheque Return Outward (cheque deposited by customer) | INR 200 for every cheque return for financial reasons | INR 200 for every cheque return for financial reasons | INR 200 for every cheque return for financial reasons | INR 200 for every cheque return for financial reasons | ||
| Cheque Return Inward (cheque issued by customer) | INR 500 per instance for financial reasons. INR 50 per instance for non-financial reasons except for signature verification | INR 500 per instance for financial reasons. INR 50 per instance for non-financial reasons except for signature verification | INR 500 per instance for financial reasons. INR 50 per instance for non-financial reasons except for signature verification | INR 500 per instance for financial reasons. INR 50 per instance for non-financial reasons except for signature verification | ||
| ECS Debit Returns ^ | Rs 500 per instance for financial reasons. Maximum recovery will be done for 3 instances per month for the same mandate. | Rs 500 per instance for financial reasons. Maximum recovery will be done for 3 instances per month for the same mandate. | Rs 500 per instance for financial reasons. Maximum recovery will be done for 3 instances per month for the same mandate. | Rs 500 per instance for financial reasons. Maximum recovery will be done for 3 instances per month for the same mandate. | ||
| Standing Instructions Rejection | Rs 200 per instance for financial reasons | Rs 200 per instance for financial reasons | Rs 200 per instance for financial reasons | Rs 200 per instance for financial reasons | ||
| Deliverable returned by courier | Any deliverable returned by courier due to consignee or address specific reasons (no such consignee/ consignee shifted and no such address, etc.) – INR 50 per instance | Any deliverable returned by courier due to consignee or address specific reasons (no such consignee/ consignee shifted and no such address, etc.) – INR 50 per instance | Any deliverable returned by courier due to consignee or address specific reasons (no such consignee/ consignee shifted and no such address, etc.) – INR 50 per instance | Any deliverable returned by courier due to consignee or address specific reasons (no such consignee/ consignee shifted and no such address, etc.) – INR 50 per instance | ||
| Deliverables destroyed at branches | Any deliverable not picked up (within the stipulated time) - INR 50 per instance | Any deliverable not picked up (within the stipulated time) - INR 50 per instance | Any deliverable not picked up (within the stipulated time) - INR 50 per instance | Any deliverable not picked up (within the stipulated time) - INR 50 per instance | ||
| Portfolio Investment Scheme (PIS) | ||||||
| Sr. No | Fee Head | Fees* | ||||
| 1 | PIS approval Issuance/NRO Ledger Creation | Rs 1,000 (One-time fee) | ||||
| 2 | Annual Account Maintenance Fee | Rs 1,000 | ||||
| 3 | Transaction & Reporting Fee | Rs 100 (per contract note) | ||||
| 4 | 15CA/CB Certificate Issuance of Long Term/Short Term Capital Gains | Rs 200 (per certificate) | ||||
| *Plus GST applicable on all the above charges. | ||||||
| Note: |
→Please note GST would be applicable on all transactions wherever currency conversion is involved w.e.f. July 1, 2017. All other charges, GST as applicable.
→ With effect from April 1, 2015: In the event of non-maintenance of minimum MAB, the bank will notify the customer by 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 and address updated with the Bank at all times, failing which, customer may not receive the notification(s).
