Senior Citizen Savings Account

Eligibility Resident Indian, >60 yrs. of age

Minimum monthly average balance Rs.4,500
(MAB)* (MAB is the simple average of Not applicable subject to standalone FD of
day-end balances for a calendar minimum Rs 10,000 under the same Customer ID
month) as on month end
Service Charges
Cash Transaction Charges 1) Number Limit (Sum total of deposits and
Home Branch (Branch where the withdrawals)
account is opened or ported) Rs 150 per transaction, post 3 free cash
(Deposits and withdrawals across transactions per month.
branches and deposits in Cash 2) Value Limit (Sum total of deposits and
Recycler Machines considered.) withdrawals)
(With effect from 1st May 2024) Rs 5 per Rs 1,000, post free limit of Rs 1 lakh, per
month or Rs 150, whichever is higher.

a) Non-Home branch –
Rs 5 per Rs 1,000, for transaction value above Rs
25,000 at non-home branch in a day or Rs 150,
whichever is higher.
b) Third party cash transactions charged at Rs 150
per transaction. Per transaction value capped at
Rs 25,000.
For Senior Citizen customers while the limit of Rs
25,000 per transaction will be applicable, the
accounts will not be charged.
ATM Interchange (Transactions at Non Nil
ICICI Bank ATMs)
Transactions at ICICI Bank ATMs / Nil
Cash Recycler Machines (cash
withdrawals)
Issue of DD drawn on ICICI Bank by For amounts up to Rs.10,000– Rs.40, For amounts
cheque/transfer above Rs.10,000 till Rs.50,000– Rs.60, For
amounts above Rs.50,000- Rs.5 per thousand
rupees or part thereof (maximum of Rs.15,000)
Debit Card Fees annual fees Nil
*Only Applicable for the Titanium Debit Card
issued with Account Opening
Cheque Books Nil for 25 cheque leaves in a year;
(With effect from 1st May 2024) Rs. 4 per leaf thereafter
 Value Added SMS alert facility Nil
(For transactions other than specified
by regulatory guidelines, SMS alerts
will be triggered only if the transaction
value is greater than Rs.5,000)
Address change request at branches Nil
Cash deposit charges - Cash Nil
Acceptor/Recycler machines
Penal Charges
Charges for non - maintenance of 5% of the shortfall in required MAB or Rs. 100
minimum monthly average balance whichever is lower
(NMMAB)

Note - Common ICICI Bank savings account facilities for all products except for Wealth
Management / ICICI Bank Private Banking / Basic Savings Bank Account and unless specified
product-wise.

Common Service Charges

Service Charges
Statement Free Quarterly Statement
Free monthly e-mail statement on request
Passbook facility available at base branch
View and download statement facility available on the website
Issue of Duplicate Rs.100 per statement at branch or Customer Care (non-IVR), Rs.
Statement 50 per statement through Customer Care (IVR), ATM and Net
banking
Issue of passbook Nil
Issue of duplicate Rs 100 for issuance and Rs 25 per page for Updation
passbook
DD / PO – Issue Rs.50 per D.D/PO up to Rs.10,000; Rs.5 per thousand rupees or
Issue by deposit of Cash / part thereof for DD/PO of more than Rs.10,000, subject to a
cheque / transfer minimum of Rs.75 and maximum of Rs. 15,000
For Senior Citizen, Student & Rural locations: For amounts up to
Rs.10,000– Rs.40, For amounts above Rs.10,000 till Rs.50,000 –
Rs.60, For amounts above Rs.50,000– Rs.5 per thousand rupees
or part thereof (maximum of Rs.15,000)
DD / PO - Cancellation / Rs.100 per instance
Duplicate / Revalidation
(With effect from 1st
May 2024)
NEFT Charges - Outward Through Online Channel – Nil
Through Branch Channel -
Up to Rs 10,000 – Rs 2.25 per transaction
Rs 10,001 to Rs 1 lakh – Rs 4.75 per transaction
Above Rs 1 lakh to Rs 2 lakh – Rs 14.75 per transaction
Above Rs 2 lakh and up to Rs 10 lakh – Rs 24.75 per transaction

NEFT Charges - Inward Nil

RTGS - Outward Through Online Channel – Nil
Through Branch Channel –
Rs 2 lakh to Rs 5 lakh – Rs 20 per transaction
Above Rs 5 lakh - Rs 45 per transaction
RTGS - Inward Nil
IMPS – Outward Amount up to Rs 1 thousand - Rs 2.50 per transaction
(With effect from 1st Amount above Rs 1 thousand to Rs 25 thousand - Rs 5 per
May 2024) transaction
Amount above Rs 25 thousand to Rs 5 lakhs - Rs 15 per
transaction
IMPS - Inward Nil
UPI transaction charges Nil
Inter-branch funds Nil
transfer charges
Bill Pay Charges Nil
Charges for certifying or Nil
verifying customer ECS
mandates
Cheque Collection Local Nil
Cheque Collection Nil
Outstation
Account closure Nil
(With effect from 1st
May 2024)
Debit Card
Debit Card Issuing Fee Nil
Enrolment fee Nil
Late Payment Charges N.A.
Replacement Card fees Rs. 200 per card
(Lost / Damaged card)
ATM Balance Enquiry Rs 25
charges from ATMs
outside India
Cross-currency mark-up 3.5% of transaction amount
charges on foreign
currency transactions
Surcharge on Fuel Fuel Surcharge Waiver is applicable when both the below
purchases mentioned conditions are fulfilled
1. ICICI Debit card is used on ICICI Bank terminal (On-Us
transaction)
2. Transaction is done on select government petrol pumps.
Please note, the Acquirer/Fuel pump may levy surcharge at its
own discretion
Surcharge on railway 1.8% of bookings as per Visa regulations
bookings
Debit Card PIN re- Nil
generation Charges
(With effect from 1st
May 2024)
Debit Card de – hotlisting Nil
(With effect from 1st
May 2024)
Balance Certificate Nil
(With effect from 1st
May 2024)
Interest Certificate Nil
(With effect from 1st
May 2024)
Retrieval of old Nil
transactional documents
/ Enquiries related to old
records
(With effect from 1st
May 2024)
Photo attestation Rs. 100 per application/letter
Signature attestation Rs. 100 per application/letter
(With effect from 1st
May 2024)
Address confirmation Nil
(With effect from 1st
May 2024)
Inoperative account Nil
Stop Payment charges Particular Cheque - Rs.100
(With effect from 1st (Free through customer care IVR & Net banking)
May 2024)
Stop Payment Charges - For ECS is not present as customer is required to maintain
ECS requisite balances to honour the EMI txns
Lien marking and Nil
unmarking of savings
account
(With effect from 1st
May 2024)
Locker Rent Annual Locker rentals starting from
Semi -
Location Rural Urban Urban Metro Metro +
Small 1,200 2,000 3,000 3,500 4,000
Medium 2,500 5,000 6,000 7,500 9,000
Large 4,000 7,000 10,000 13,000 15,000
Extra
Large 10,000 15,000 16,000 20,000 22,000
 Rentals may vary between branches under same location
 Locker rentals vary based on locker size and branch
location
 Locker rent is charged annually and is collected in advance
Reissue of Internet user Nil
id or password (Branch
or non IVR Customer
Care)
(With effect from 1st
May 2024)
Standing Instructions - Nil
Setting-up-charge
(With effect from 1st
May 2024)
Address change request Nil
at branches
(With effect from 1st
May 2024)
ECS/NACH setup charges Nil
National Automated Nil
Clearing House (NACH)
Mandate. One time
mandate authorisation
charges (physical)
(With effect from 1st
May 2024)
Cash deposit charges - Charges of Rs 50 per transaction, will be levied on cash deposited
Cash Acceptor/Recycler in the Cash Acceptor/Recycler machines on bank holidays and
machines 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
Above charges will not be applicable to Senior Citizens, Basic
Savings Bank Account, Jan Dhan Accounts, Accounts held by
incapacitated and visually impaired persons, Student Accounts or
any other Accounts identified by ICICI Bank

Penal Charges
ECS / NACH Debit Rs 500 per instance for financial reasons. Maximum recovery will
Returns be done for 3 instances per month for the same mandate
(With effect from 1st
May 2024)
Cheque return outward Rs 200 per instance for financial reasons
(cheque deposited by
customer)
Cheque return inward Rs 500 per instance for financial reasons.
(cheque issued by Rs.50 for non-financial reasons except for signature verification
customer)
Decline of transaction at Rs. 25 per transaction
other bank ATMs or point
of sale (POS) due to
insufficient balance in the
account
Standing Instructions Rs 200 per instance for financial reasons
Rejection
Deliverable returned by Any deliverable returned by courier due to consignee or address
courier specific reasons (no such consignee/ consignee shifted and no
such address, etc.) – Rs 50 per instance
Deliverables destroyed at Any deliverable not picked up (within the stipulated time) - Rs 50
Branches per instance

1. Locker rates vary for different branches; hence customers are requested to get in touch
with respective branch.
2. Taxes at prevailing rates as per Govt rules shall be applicable over and above the
mentioned charges. The charges indicated above are subject to periodic revision.
3. *With effect from April 1, 2015: In the event of non-maintenance of minimum MAB, the
bank will notify the customer by SMS/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,
mobile number and address updated with the Bank at all times, failing which, customer
may not receive the notification(s).
4. Above schedule of charges is also applicable for accounts opened with Rs 500 or Nil
Monthly Average Balance (MAB) requirement. Charges for Non-maintenance of Minimum
Monthly Average Balance (NMMAB) will be 6% of the shortfall on the required MAB.
5. Penal charges are applied to Cheque return transactions even if they are classified as
Basic Banking to instil financial discipline.