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ICICI Bank Charges To Change From December 1, 2026: Check The New Fees
Sentiment: NeutralHigh Priority
What Happened?
ICICI Bank will revise its service charges for demand drafts, cash deposits, withdrawals, and ECS returns starting December 1, 2026. Customers should review the updated fee structure.
Key points
- Demand drafts below Rs 1 lakh will incur no charge.
- For drafts of Rs 1 lakh and above, the fee will be Rs 2 per Rs 1,000, capped at Rs 15,000.
- Customers can make three free cash deposits and withdrawals monthly; additional transactions will cost Rs 150 each.
- Cash transactions exceeding Rs 1 lakh monthly will incur a fee of Rs 4 per Rs 1,000 or Rs 150, whichever is higher.
- ECS debit returns will incur charges of Rs 500 for the first return and Rs 550 for the second and third returns.
Key insights
- Customers should be aware of the new fees to avoid unexpected charges.
- The revised fees may lead to increased costs for frequent cash users.
- ECS users need to ensure sufficient funds to avoid penalties.
Why it matters
The changes in charges may impact customers who frequently use bank services for cash transactions.
Entities
ICICI Bank· Organization
Source
Times Now
