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ICICI Bank Raises Minimum Balance Requirements Starting 2025

8/9/2025

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Summary

Story summary

Starting August 1, 2025, ICICI Bank is set to significantly raise the minimum average balance for new savings accounts. Metro customers will need to maintain INR50,000, a steep rise from INR10,000, while semi-urban and rural areas will see increases to INR25,000 and INR10,000. Failing to meet these requirements could result in penalties of up to INR500.

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Story summary

Starting August 1, 2025, ICICI Bank is set to significantly raise the minimum average balance for new savings accounts. Metro customers will need to maintain INR50,000, a steep rise from INR10,000, while semi-urban and rural areas will see increases to INR25,000 and INR10,000. Failing to meet these requirements could result in penalties of up to INR500.