ICICI Bank hike Service charge: Savings account, ATM transaction to increase from Jan

New Delhi: Private sector lender ICICI Bank has announced that it is going to revise the service charges on ICICI Bank savings accounts with effect from January 01, 2022.

Cash Withdrawal
Cash withdrawal for transactions at ICICI Bank ATMs/Cash Recycling Machines First 5 financial transactions in a month is free; After that, Rs 20 per financial transaction. However, after revision of ATM transaction charges, the first 5 financial transactions in a month are free; Thereafter, Rs 21 will be charged per financial transaction.

All non-financial transactions are free
Financial transactions include – cash withdrawals and non-financial transactions include – balance enquiry, mini-statements and PIN changes.

ATM interchange charges
Transactions at non ICICI Bank ATMs The first 3 transactions (including financial and non-financial) in a month are free across 6 metro locations (Mumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad). The first 5 transactions (including financial and non-financial) in a month at all other locations are free.

Maximum 5 transactions
Maximum 5 transactions are free in a month, there is a limit of 3 free transactions in 6 metro locations. Thereafter, Rs 20 per financial transaction and Rs 8.50 per non-financial transaction. However, after revision in ATM transaction charges to Rs 21 per financial transaction and Rs 8.50 per non-financial transaction.