ICICI Bank Raises Minimum Balance for New Savings Accounts to ₹50,000 (Aug 2025)
New Minimum Monthly Average Balance (MAB) Location Type New MAB (from Aug 1, 2025) Earlier MAB Metro / Urban ₹50,000 ₹10,000 Semi-Urban ₹25,000 ₹5,000 Rural ₹10,000 ₹2,000 Penalty, Exemptions & Benefits Penalty for shortfall: 6% of the shortfall in required MAB or ₹500, whichever is lower, plus GST. Exempted (Zero-Balance) accounts: Salary Accounts, PM Jan … Read more