ICICI Bank has lowered the minimum monthly average balance (MAB) requirement for new savings accounts in metro and urban locations to ₹15,000. This revision applies to all accounts opened on or after August 1, 2025, and marks a significant rollback from the ₹50,000 MAB level initially announced for these locations.
Revised MAB requirements by region (for accounts opened since August 1, 2025):
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Metro and urban branches: ₹15,000
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Semi-urban branches: ₹7,500
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Rural branches: ₹2,500
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Pensioners (below 60 years) and students from 1,200 select institutes: Nil MAB
Earlier, ICICI Bank had sharply increased the MAB for new savings accounts, setting the requirement at ₹50,000 for metro and urban branches (up from ₹10,000), ₹25,000 for semi-urban branches (up from ₹5,000), and ₹10,000 for rural branches (up from ₹2,000). These changes applied only to new customers, with existing account holders continuing under earlier terms unless otherwise notified.
Following customer feedback, the bank has now revised these requirements downward, easing the balance threshold across all regions. Customers failing to maintain the required balance will be subject to penalties, which vary by account type and branch location.
