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Tag: ICICI Bank

ICICI Bank Reduces Minimum Balance Requirement; Here’s How Much

ICICI Bank Reduces Minimum Balance Requirement; Here’s How Much

ICICI Bank Reduces Minimum Balance: ICICI Bank has revised its recent decision to raise the minimum average monthly balance (MAMB) for new savings accounts in metro and urban branches. Initially set to Rs 50,000, the new requirement has now been slashed to Rs 15,000, effective from August 13, 2025. This change comes after significant backlash […]

ICICI Bank New Rules: Higher Minimum Balance for New Accounts

ICICI Bank New Rules: Higher Minimum Balance for New Accounts

ICICI Bank New Rules: Effective August 1, 2025, ICICI Bank, India’s second-largest private lender, will significantly raise the minimum monthly average balance (MAB) requirement for its savings accounts. The change applies to all new accounts opened after that date and sets a new industry record for the highest MAB requirement among domestic banks. Under the […]

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