ICICI Bank is updating its service charges for Savings Accounts, effective from 1st July 2025. These changes aim to provide clarity to customers regarding the fees associated with various transactions.
The revisions involve the demand draft (DD) and pay order (PO) charges. For Regular Savings and Salary Accounts, the new charges will be ₹2 per thousand for amounts up to ₹10,000, with a minimum of ₹50 and a maximum of ₹15,000 for higher amounts. Senior Citizen Savings Accounts will also see similar changes in their DD/PO charges.
ATM transactions will now carry updated fees, particularly for withdrawals at non-ICICI Bank ATMs. The fee structure will change, with ₹23 for the first three financial transactions in metro cities and the first five elsewhere. Charges for IMPS outward transfers will be revised, alongside cash transaction fees at branches. Cash deposit limits and cash withdrawal charges at branches will be modified, where customers can enjoy complimentary transactions with new limits applied thereafter.
Revised Service Charges
DD and PO – Issued by Deposit of Cash/Cheque/Transfer
| Account Type | Existing Charge | Revised Charge |
| Regular Savings & Salary Account | For urban areas:For amounts up to ₹10,000, the fee is ₹50 per D.D. or PO.For amounts over ₹10,000, the fee is ₹5 per ₹1,000, with a minimum of ₹75 and a maximum of ₹15,000For rural areas:Up to ₹10,000: ₹40 feeOver ₹10,000 to ₹50,000: ₹60 feeAbove ₹50,000: ₹5 per ₹1,000, up to a maximum of ₹15,000. | Pay ₹2 per ₹1000, at least ₹50, and no more than ₹15,000 |
| Senior Citizen Savings Account | For amounts up to ₹10,000, the fee is ₹40.For amounts between ₹10,000 and ₹50,000, the fee is ₹60.For amounts above ₹50,000, the fee is ₹5 per ₹1,000, up to a maximum of ₹15,000. | Pay ₹2 per ₹1000, at least ₹50, and no more than ₹15,000 |
| Power Pay Salary Account / Family 360° Banking Salary Account | It’s free to send up to ₹1 lakh by DD. Over that, it’s ₹5 for every ₹1,000, up to a maximum of ₹15000. | Pay ₹2 per ₹1000, at least ₹50, and no more than ₹15,000 |
ATM Interchange (Transactions at Non-ICICI Bank ATMs)
| Account Type | Existing Charge | Revised Charge |
| Regular Savings / Regular Salary / Family 360° Banking Account / Wealth Management / Private Banking | In 6 metro locations, fees are ₹21 for financial transactions and ₹8.5 for non-financial transactions after 3 free transactions. Outside these areas, the limits are 5 free transactions.ATM withdrawals abroad cost ₹125 plus a 3.5% currency conversion fee.Non-financial transactions are ₹25 each. | In six metro cities (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru, and Hyderabad), you get 3 free transactions per month. After that, it costs ₹23 for financial transactions and ₹8.5 for non-financial transactions.Outside these cities, get 5 free transactions per month, with the same fees afterward.ATM withdrawals at other banks outside India cost ₹125 per transaction plus a 3.5% currency conversion fee.Non-financial transactions cost ₹25. |
Transactions at ICICI Bank ATMs
| Account Type | Existing Charge | Revised Charge |
| Regular Savings Account | ₹21 will be charged for each financial transaction after the first five. Non-financial transactions, like balance inquiries and PIN changes, are free. | ₹23 will be charged for each financial transaction after the first five. |
IMPS Outward
| Account Type | Existing Charge | Revised Charge |
| Regular Savings/ Regular Salary/ Senior Citizen / Family 360° Banking Savings Account | For amounts up to ₹1,000, the fee is ₹2.50 per transaction.For amounts above ₹1,000 and up to ₹25,000, the fee is ₹5 per transaction.For amounts above ₹25,000 and up to ₹5 lakh, the fee is ₹15 per transaction. | For amounts up to ₹1,000: ₹2.50 per transactionFor amounts between ₹1,000 and ₹1 lakh: ₹5 per transactionFor amounts between ₹1 lakh and ₹5 lakh: ₹15 per transaction |
Debit Card Annual Fees
| Account Type | Existing Charge | Revised Charge |
| Regular Savings & Regular Salary Account | ₹200 For Gramin locations – ₹99 | ₹300 For Gramin locations – ₹150 |
For more details, click here.
Bottom Line
The upcoming changes to ICICI Bank’s savings account charges, effective July 2025, aim to bring transparency for customers. By revising demand draft and pay order fees, as well as modifying ATM transaction costs, ICICI Bank is responding to customer needs while maintaining competitive services. Customers should be aware of the new fee structure to manage their accounts and avoid unexpected charges.
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