ICICI Bank service fees to alter from subsequent week: 10 issues to know

Private sector lender, ICICI Bank has issued a discover on its revised limits of money transactions, ATM interchange and chequebook fees for home financial savings account holders. The financial institution has talked about this info on its web site. However, these providers might be relevant from 1 August 2021.

Here is all it’s good to know concerning the new ICICI Bank ATM money withdrawal, chequebook fees from subsequent month:

1) ICICI Bank clients will get the primary 3 transactions (inclusive of monetary and non-financial) in 6 metro areas in a month as per the financial institution’s web site.

2) In all different areas, the primary 5 transactions might be free.

3) The financial institution will cost ₹20 per monetary transaction and ₹8.50 per non-financial transaction.

4) The ICICI Bank has allowed a complete of 4 free money transactions per 30 days.

5) As per the financial institution’s web site, fees above free limits could be ₹150 per transaction.

6) With impact from August 1, the house department money restrict for ICICI Bank clients could be ₹1 lakh– free per 30 days, per account. Above ₹1 lakhs – ₹5 per ₹1,000, topic to a minimal of ₹150, the financial institution mentioned.

7) At the non-home department – no fees for money transactions as much as ₹25,000, per day. Above ₹25,000 – ₹5 per ₹1,000, topic to a minimal of ₹150.

8) For third celebration transactions, the restrict has been set at ₹25,000 per day. Up to a restrict of ₹25,000 per transaction – ₹150 per transaction. Above ₹25,000-limit, money transactions should not permitted.

9) The fees might be nil for 25 payable-at-par cheque leaves in a yr. Above the free restrict, the financial institution will cost ₹20 for each further cheque guide of 10 leaves.

10) There might be o fees for the primary 4 transactions in a month; thereafter ₹5 per thousand rupees or half thereof, topic to a minimal of Rs150 in the identical month.

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