The country’s leading private bank, ICICI has now decided to change the fee rate. These changes will come into effect from August. Under this, a fixed fee will have to be paid for transactions from other branches including the home branch.
ICICI Bank will make changes in other charges including financial transactions from next month.
After the country’s top lender State Bank of India (SBI), now another leading private bank, ICICI Bank has also decided to revise the charges for cash withdrawal from ATMs, check books and other financial transactions. This change will be applicable from next month. The revised charges will also be applicable for domestic savings account holders including salary accounts.
According to the ICICI Bank website, the first 3 transactions (including financial and non-financial) will be available in 6 metro locations (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad) in a month. At all other locations, the first five transactions will be free. Thereafter, the bank will charge Rs 20 per financial transaction and Rs 8.50 per non-financial transaction. These charges will be applicable for Silver, Gold, Magnum, Titanium and Wealth cardholders.
Cash Transaction at Home Branch
ICICI Bank allows a total of 4 free cash transactions per month from its branch ATMs. At the same time, a fee of Rs 150 will have to be paid for transactions above the free limit.
Transaction limit from other branch
There will be no charges for cash transactions up to Rs 25,000 per day from other branches. But for transactions above this, Rs 5 per 1,000 transaction will be levied. Monthly fee can be up to 150.
third party cash transactions
The limit for transactions through third parties has been fixed at Rs 25,000 per day. For transactions above this, Rs 150 per transaction will have to be paid.
Fee for check book of 25 pages in a year will be nil. Above this limit, the bank will charge Rs 20 for each additional check book of 10 cards.
Regular Plus Salary Account
There will be no charges for first 4 transactions in a month from ICICI regular and salary account. After that Rs 5 per thousand or a minimum of Rs 150 will be deducted in the same month.
Also read: With this scheme of LIC, there will be no money problem after retirement, pension up to 9 thousand will be available every month
In this scheme of Post Office, you can get 14 lakhs in just 5 years, know how much you have to invest every month