ICICI is one of the leading private banks in the country. ICICI has revised the cash transactions, interchange fees and check fees for domestic savings account holders. These will come into effect from August 1, 2021. Below we will see what these are
Bank customers can avail the first 3 transactions (including financial and non-financial) free of cost at 6 metro locations in a month. Elsewhere (non-metro) the first five transactions are free. In addition, financial 20 will be charged for a financial transaction and ₹ 8.50 for a non-financial transaction.
There are a total of 4 free cash transactions per month. A fee of Rs.150 per transaction above the free limit will be charged.
From August 1, ICICI Bank customers will be able to cash up to a limit of 1 lakh per account per month at their home branch. Above 1 lakh, For the Rs.1,000 charge of ₹ 5, a minimum of ₹ 150 will be charged.
There is no charge for cash transactions up to 25,000 per day at a non-home branch. Above 5,000, for ₹ 1,000 charges of Rs.5, a minimum of ₹ 150 will be charged.
10 free checks a year. For 10 checks Rs. 20 will be received after free checks.
Up to 25,000 for third-party transactions. There will be a charge of 150 per transaction (up to the ₹ 25,000 limits). Above 25,000 cash transactions are not allowed. There is no charge for the first 4 transactions in a month; Thereafter ₹ 5 per 1,000 or part thereof will be charged at least Rs 150 in the same month.
For other details visit ICICI’s website https://www.icicibank.com